VEIEN VIDERE AS

1639 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

39,18 %

Current Ratio

4,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 011 000	866 000	535 000
Net Income	268 000	268 000	117 000
Total Assets	904 000	618 000	283 000
Total Equity	684 000	415 000	147 000

Income (NOK)	2022	2021	2020
Revenue	1 011 000	866 000	535 000
Expenditure	667 000	520 000	386 000
Operating Profit	344 000	346 000	148 000
Financial Income	0	0	0
Financial Costs	0	2 000	0
Financial Balance	0	−2 000	0
Earnings Before Tax	344 000	344 000	148 000
Tax	76 000	76 000	31 000
Net Income	268 000	268 000	117 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	904 000	618 000	283 000
Total Assets	904 000	618 000	283 000
Total Retained Equity	654 000	385 000	117 000
Total Equity	684 000	415 000	147 000
Total Long-Term Debt	0	0	0
Total Current Debt	220 000	203 000	136 000
Total Equity and Debt	904 000	618 000	283 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 011 000	866 000	535 000
Other Income	0	0	0
Revenue	1 011 000	866 000	535 000
Cost of Goods Sold	69 000	17 000	16 000
Salary Costs	469 000	250 000	241 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	667 000	520 000	386 000
Operating Profit	344 000	346 000	148 000
Financial Income	0	0	0
Financial Costs	0	2 000	0
Financial Balance	0	−2 000	0
Dividends	0	0	0
Net Income	268 000	268 000	117 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	520 000	190 000	304 000
Total Current Assets	904 000	618 000	283 000
Total Assets	904 000	618 000	283 000
Total Equity	684 000	415 000	147 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	11 000	44 000	99 000
Unpaid Taxes	85 000	59 000	31 000
Dividends	0	0	0
Other Current Debt	48 000	24 000	0
Total Current Debt	220 000	203 000	136 000
Total Equity and Debt	904 000	618 000	283 000

Financial indicators	2022	2021	2020
Return on Equity	39,18 %	64,58 %	79,59 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	34,03 %	39,95 %	27,66 %
Current Ratio	4,11	3,04	2,08
Quick Ratio	4,11	3,04	2,08
Equity Ratio	0,76	0,67	0,52
Gross Profit Margin	93,18 %	98,04 %	97,01 %