VEITRANSPORT AS

1914 YTRE ENEBAKK

Finances

Share Ownership

Return on Equity

7,44 %

Current Ratio

0,8

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	119 866 000	96 132 000	104 121 000	102 854 000
Net Income	1 100 000	2 685 000	5 936 000	2 967 000
Total Assets	41 099 000	36 923 000	32 588 000	32 252 000
Total Equity	14 780 000	14 195 000	14 454 000	8 518 000

Income (NOK)	2022	2021	2020	2019
Revenue	119 866 000	96 132 000	104 121 000	102 854 000
Expenditure	119 184 000	93 269 000	96 941 000	99 252 000
Operating Profit	683 000	2 864 000	7 179 000	3 603 000
Financial Income	900 000	682 000	516 000	277 000
Financial Costs	164 000	101 000	82 000	76 000
Financial Balance	736 000	581 000	434 000	201 000
Earnings Before Tax	1 418 000	3 445 000	7 612 000	3 805 000
Tax	318 000	759 000	1 676 000	837 000
Net Income	1 100 000	2 685 000	5 936 000	2 967 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 478 000	20 636 000	11 989 000	13 394 000
Total Current Assets	19 621 000	16 286 000	20 599 000	18 858 000
Total Assets	41 099 000	36 923 000	32 588 000	32 252 000
Total Retained Equity	13 458 000	12 874 000	13 132 000	7 196 000
Total Equity	14 780 000	14 195 000	14 454 000	8 518 000
Total Long-Term Debt	1 798 000	2 431 000	1 133 000	1 601 000
Total Current Debt	24 521 000	20 296 000	17 000 000	22 133 000
Total Equity and Debt	41 099 000	36 923 000	32 588 000	32 252 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	116 841 000	95 645 000	103 133 000	102 079 000
Other Income	3 025 000	487 000	987 000	774 000
Revenue	119 866 000	96 132 000	104 121 000	102 854 000
Cost of Goods Sold	4 079 000	3 505 000	2 691 000	3 245 000
Salary Costs	46 027 000	39 275 000	38 572 000	37 633 000
Depreciation	651 000	736 000	720 000	614 000
Impairment	0	0	0	0
Expenditure	119 184 000	93 269 000	96 941 000	99 252 000
Operating Profit	683 000	2 864 000	7 179 000	3 603 000
Financial Income	900 000	682 000	516 000	277 000
Financial Costs	164 000	101 000	82 000	76 000
Financial Balance	736 000	581 000	434 000	201 000
Dividends	0	0	0	6 000 000
Net Income	1 100 000	2 685 000	5 936 000	2 967 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 356 000	1 730 000	1 547 000	1 663 000
Fixtures	962 000	1 263 000	113 000	120 000
Total Tangible Assets	2 318 000	2 993 000	1 660 000	1 783 000
Total Fiancial Fixed Assets	19 160 000	17 644 000	10 329 000	11 610 000
Total Fixed Assets	21 478 000	20 636 000	11 989 000	13 394 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 140 000	4 084 000	4 194 000	2 355 000
Total Current Assets	19 621 000	16 286 000	20 599 000	18 858 000
Total Assets	41 099 000	36 923 000	32 588 000	32 252 000
Total Equity	14 780 000	14 195 000	14 454 000	8 518 000
Short-Term Group Debt	1 922 000	3 774 000	0	0
Total Long-Term Debt	1 798 000	2 431 000	1 133 000	1 601 000
Creditors	9 574 000	5 603 000	4 392 000	4 832 000
Unpaid Taxes	4 475 000	3 922 000	4 049 000	3 806 000
Dividends	0	0	0	6 000 000
Other Current Debt	8 236 000	6 965 000	6 978 000	6 681 000
Total Current Debt	24 521 000	20 296 000	17 000 000	22 133 000
Total Equity and Debt	41 099 000	36 923 000	32 588 000	32 252 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,44 %	18,92 %	41,07 %	34,83 %
Debt-to-Equity Ratio	0,12	0,17	0,08	0,19
Operating Profit Margin	0,57 %	2,98 %	6,89 %	3,5 %
Current Ratio	0,8	0,8	1,21	0,85
Quick Ratio	0,8	0,8	1,21	0,85
Equity Ratio	0,36	0,38	0,44	0,26
Gross Profit Margin	96,6 %	96,35 %	97,42 %	96,85 %