VEA AS

4276 VEAVÅGEN

Finances

Share Ownership

Return on Equity

17,29 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	123 193 000	70 819 000	88 850 000	57 804 000
Net Income	25 181 000	10 523 000	18 458 000	10 121 000
Total Assets	443 698 000	255 186 000	273 998 000	175 581 000
Total Equity	145 638 000	64 442 000	62 631 000	54 372 000

Income (NOK)	2022	2021	2020	2019
Revenue	123 193 000	70 819 000	88 850 000	57 804 000
Expenditure	76 852 000	47 792 000	57 034 000	42 496 000
Operating Profit	46 341 000	23 026 000	31 816 000	15 308 000
Financial Income	1 711 000	98 000	548 000	328 000
Financial Costs	15 696 000	9 634 000	8 693 000	2 661 000
Financial Balance	−13 985 000	−9 536 000	−8 145 000	−2 333 000
Earnings Before Tax	32 355 000	13 491 000	23 671 000	12 975 000
Tax	7 175 000	2 968 000	5 213 000	2 854 000
Net Income	25 181 000	10 523 000	18 458 000	10 121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	247 944 000	104 878 000	113 206 000	117 281 000
Total Current Assets	195 755 000	150 308 000	160 792 000	58 299 000
Total Assets	443 698 000	255 186 000	273 998 000	175 581 000
Total Retained Equity	89 751 000	63 442 000	61 631 000	53 372 000
Total Equity	145 638 000	64 442 000	62 631 000	54 372 000
Total Long-Term Debt	140 415 000	53 601 000	58 423 000	63 853 000
Total Current Debt	157 645 000	137 143 000	152 944 000	57 356 000
Total Equity and Debt	443 698 000	255 186 000	273 998 000	175 581 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	109 831 000	70 819 000	88 847 000	57 804 000
Other Income	13 362 000	0	3 000	0
Revenue	123 193 000	70 819 000	88 850 000	57 804 000
Cost of Goods Sold	0	0	0	0
Salary Costs	36 180 000	25 266 000	31 553 000	20 807 000
Depreciation	75 000	1 634 000	1 609 000	1 615 000
Impairment	0	0	0	0
Expenditure	76 852 000	47 792 000	57 034 000	42 496 000
Operating Profit	46 341 000	23 026 000	31 816 000	15 308 000
Financial Income	1 711 000	98 000	548 000	328 000
Financial Costs	15 696 000	9 634 000	8 693 000	2 661 000
Financial Balance	−13 985 000	−9 536 000	−8 145 000	−2 333 000
Dividends	0	0	0	0
Net Income	25 181 000	10 523 000	18 458 000	10 121 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	239 688 000	54 688 000	54 688 000	54 688 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 456 000	342 000	90 000	112 000
Fixtures	5 800 000	49 848 000	51 428 000	53 015 000
Total Tangible Assets	8 256 000	50 190 000	51 518 000	53 127 000
Total Fiancial Fixed Assets	0	0	7 000 000	9 467 000
Total Fixed Assets	247 944 000	104 878 000	113 206 000	117 281 000
Stock	1 199 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	53 467 000	31 116 000	42 153 000	20 406 000
Total Current Assets	195 755 000	150 308 000	160 792 000	58 299 000
Total Assets	443 698 000	255 186 000	273 998 000	175 581 000
Total Equity	145 638 000	64 442 000	62 631 000	54 372 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	140 415 000	53 601 000	58 423 000	63 853 000
Creditors	16 975 000	4 162 000	7 781 000	6 367 000
Unpaid Taxes	1 773 000	7 667 000	10 999 000	4 867 000
Dividends	0	0	0	0
Other Current Debt	845 000	104 000	10 331 000	5 086 000
Total Current Debt	157 645 000	137 143 000	152 944 000	57 356 000
Total Equity and Debt	443 698 000	255 186 000	273 998 000	175 581 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,29 %	16,33 %	29,47 %	18,61 %
Debt-to-Equity Ratio	0,96	0,83	0,93	1,17
Operating Profit Margin	37,62 %	32,51 %	35,81 %	26,48 %
Current Ratio	1,24	1,1	1,05	1,02
Quick Ratio	1,25	1,1	1,05	1,02
Equity Ratio	0,33	0,25	0,23	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %