VETNES & MØLL BETONG AS

4516 MANDAL

Finances

Share Ownership

Return on Equity

−2,45 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 916 000	3 521 000	2 825 000	2 347 000
Net Income	−6 000	56 000	−56 000	33 000
Total Assets	974 000	986 000	758 000	771 000
Total Equity	245 000	251 000	195 000	251 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 916 000	3 521 000	2 825 000	2 347 000
Expenditure	3 923 000	3 449 000	2 896 000	2 305 000
Operating Profit	−7 000	73 000	−71 000	42 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	−1 000	−1 000
Earnings Before Tax	−7 000	72 000	−72 000	42 000
Tax	−2 000	16 000	−16 000	9 000
Net Income	−6 000	56 000	−56 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	139 000	149 000	211 000	57 000
Total Current Assets	835 000	837 000	546 000	715 000
Total Assets	974 000	986 000	758 000	771 000
Total Retained Equity	215 000	221 000	165 000	221 000
Total Equity	245 000	251 000	195 000	251 000
Total Long-Term Debt	125 000	125 000	125 000	0
Total Current Debt	604 000	610 000	438 000	520 000
Total Equity and Debt	974 000	986 000	758 000	771 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 916 000	3 521 000	2 825 000	2 347 000
Other Income	0	0	0	0
Revenue	3 916 000	3 521 000	2 825 000	2 347 000
Cost of Goods Sold	1 932 000	1 672 000	1 278 000	872 000
Salary Costs	1 303 000	1 098 000	990 000	1 002 000
Depreciation	53 000	47 000	38 000	12 000
Impairment	0	0	0	0
Expenditure	3 923 000	3 449 000	2 896 000	2 305 000
Operating Profit	−7 000	73 000	−71 000	42 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−6 000	56 000	−56 000	33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	16 000	32 000	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	97 000	115 000	150 000	0
Fixtures	24 000	18 000	29 000	41 000
Total Tangible Assets	122 000	133 000	180 000	41 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	139 000	149 000	211 000	57 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 000	223 000	40 000	57 000
Total Current Assets	835 000	837 000	546 000	715 000
Total Assets	974 000	986 000	758 000	771 000
Total Equity	245 000	251 000	195 000	251 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	125 000	125 000	125 000	0
Creditors	111 000	134 000	0	102 000
Unpaid Taxes	179 000	207 000	206 000	188 000
Dividends	0	0	0	0
Other Current Debt	314 000	269 000	232 000	205 000
Total Current Debt	604 000	610 000	438 000	520 000
Total Equity and Debt	974 000	986 000	758 000	771 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,45 %	22,31 %	−28,72 %	13,15 %
Debt-to-Equity Ratio	0,51	0,5	0,64	0
Operating Profit Margin	−0,18 %	2,07 %	−2,51 %	1,79 %
Current Ratio	1,38	1,37	1,25	1,38
Quick Ratio	1,38	1,37	1,25	1,38
Equity Ratio	0,25	0,25	0,26	0,33
Gross Profit Margin	50,66 %	52,51 %	54,76 %	62,85 %