SMÅEN VEA AS

4276 VEAVÅGEN

Finances

Share Ownership

Return on Equity

6,4 %

Current Ratio

5,42

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020
Revenue	1 976 000	1 690 000	6 921 000
Net Income	412 000	322 000	4 241 000
Total Assets	8 210 000	7 947 000	8 409 000
Total Equity	6 433 000	6 021 000	5 699 000

Income (NOK)	2022	2021	2020
Revenue	1 976 000	1 690 000	6 921 000
Expenditure	1 473 000	1 278 000	1 491 000
Operating Profit	503 000	412 000	5 430 000
Financial Income	25 000	1 000	0
Financial Costs	0	0	0
Financial Balance	25 000	1 000	0
Earnings Before Tax	528 000	412 000	5 430 000
Tax	116 000	91 000	1 189 000
Net Income	412 000	322 000	4 241 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 230 000	3 406 000	3 581 000
Total Current Assets	4 979 000	4 542 000	4 828 000
Total Assets	8 210 000	7 947 000	8 409 000
Total Retained Equity	4 950 000	4 537 000	4 216 000
Total Equity	6 433 000	6 021 000	5 699 000
Total Long-Term Debt	858 000	1 026 000	1 230 000
Total Current Debt	919 000	901 000	1 480 000
Total Equity and Debt	8 210 000	7 947 000	8 409 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 976 000	1 690 000	1 967 000
Other Income	0	0	4 954 000
Revenue	1 976 000	1 690 000	6 921 000
Cost of Goods Sold	0	0	0
Salary Costs	343 000	270 000	384 000
Depreciation	176 000	176 000	148 000
Impairment	0	0	0
Expenditure	1 473 000	1 278 000	1 491 000
Operating Profit	503 000	412 000	5 430 000
Financial Income	25 000	1 000	0
Financial Costs	0	0	0
Financial Balance	25 000	1 000	0
Dividends	0	0	0
Net Income	412 000	322 000	4 241 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 150 000	1 150 000	1 150 000
Real Eastate	33 000	47 000	60 000
Machinery and Plant Facilities	0	0	0
Fixtures	177 000	202 000	227 000
Total Tangible Assets	2 080 000	2 256 000	2 431 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 230 000	3 406 000	3 581 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	4 970 000	4 530 000	4 321 000
Total Current Assets	4 979 000	4 542 000	4 828 000
Total Assets	8 210 000	7 947 000	8 409 000
Total Equity	6 433 000	6 021 000	5 699 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	858 000	1 026 000	1 230 000
Creditors	145 000	149 000	371 000
Unpaid Taxes	10 000	10 000	7 000
Dividends	0	0	0
Other Current Debt	480 000	447 000	753 000
Total Current Debt	919 000	901 000	1 480 000
Total Equity and Debt	8 210 000	7 947 000	8 409 000

Financial indicators	2022	2021	2020
Return on Equity	6,4 %	5,35 %	74,42 %
Debt-to-Equity Ratio	0,13	0,17	0,22
Operating Profit Margin	25,46 %	24,38 %	78,46 %
Current Ratio	5,42	5,04	3,26
Quick Ratio	5,42	5,04	3,26
Equity Ratio	0,78	0,76	0,68
Gross Profit Margin	100 %	100 %	100 %