VETERINÆR ELVENES AS

9512 ALTA

Finances

Return on Equity

16,07 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 027 000	2 855 000	2 683 000	2 261 000
Net Income	232 000	107 000	349 000	192 000
Total Assets	1 955 000	2 070 000	2 210 000	1 911 000
Total Equity	1 444 000	1 212 000	1 105 000	756 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 027 000	2 855 000	2 683 000	2 261 000
Expenditure	2 735 000	2 701 000	2 222 000	2 003 000
Operating Profit	292 000	154 000	461 000	258 000
Financial Income	3 000	7 000	10 000	3 000
Financial Costs	−2 000	24 000	23 000	15 000
Financial Balance	5 000	−17 000	−13 000	−12 000
Earnings Before Tax	297 000	137 000	448 000	246 000
Tax	65 000	30 000	99 000	54 000
Net Income	232 000	107 000	349 000	192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 113 000	1 212 000	1 174 000	1 250 000
Total Current Assets	842 000	857 000	1 037 000	660 000
Total Assets	1 955 000	2 070 000	2 210 000	1 911 000
Total Retained Equity	1 425 000	1 193 000	1 086 000	737 000
Total Equity	1 444 000	1 212 000	1 105 000	756 000
Total Long-Term Debt	0	376 000	633 000	834 000
Total Current Debt	511 000	481 000	472 000	320 000
Total Equity and Debt	1 955 000	2 070 000	2 210 000	1 911 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 633 000	2 550 000	2 382 000	1 958 000
Other Income	394 000	304 000	301 000	303 000
Revenue	3 027 000	2 855 000	2 683 000	2 261 000
Cost of Goods Sold	477 000	476 000	417 000	335 000
Salary Costs	1 398 000	1 425 000	1 095 000	987 000
Depreciation	103 000	92 000	77 000	75 000
Impairment	0	0	0	0
Expenditure	2 735 000	2 701 000	2 222 000	2 003 000
Operating Profit	292 000	154 000	461 000	258 000
Financial Income	3 000	7 000	10 000	3 000
Financial Costs	−2 000	24 000	23 000	15 000
Financial Balance	5 000	−17 000	−13 000	−12 000
Dividends	0	0	0	0
Net Income	232 000	107 000	349 000	192 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	209 000	312 000	274 000	350 000
Total Tangible Assets	209 000	312 000	274 000	350 000
Total Fiancial Fixed Assets	900 000	900 000	900 000	900 000
Total Fixed Assets	1 113 000	1 212 000	1 174 000	1 250 000
Stock	82 000	81 000	88 000	47 000
Total Investments	0	0	0	0
Cash, Bank	639 000	704 000	867 000	543 000
Total Current Assets	842 000	857 000	1 037 000	660 000
Total Assets	1 955 000	2 070 000	2 210 000	1 911 000
Total Equity	1 444 000	1 212 000	1 105 000	756 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	376 000	633 000	834 000
Creditors	102 000	149 000	74 000	62 000
Unpaid Taxes	144 000	149 000	144 000	99 000
Dividends	0	0	0	0
Other Current Debt	189 000	151 000	152 000	106 000
Total Current Debt	511 000	481 000	472 000	320 000
Total Equity and Debt	1 955 000	2 070 000	2 210 000	1 911 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,07 %	8,83 %	31,58 %	25,4 %
Debt-to-Equity Ratio	0	0,31	0,57	1,1
Operating Profit Margin	9,65 %	5,39 %	17,18 %	11,41 %
Current Ratio	1,65	1,78	2,2	2,06
Quick Ratio	1,96	2,14	2,7	2,42
Equity Ratio	0,74	0,59	0,5	0,4
Gross Profit Margin	84,24 %	83,33 %	84,46 %	85,18 %