VEFTO MANAGEMENT AS

0666 OSLO

Finances

Return on Equity

11,07 %

Current Ratio

0,85

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 685 000	1 164 000	857 000	780 000
Net Income	801 000	2 490 000	−886 000	734 000
Total Assets	10 412 000	9 254 000	6 586 000	5 478 000
Total Equity	7 238 000	6 436 000	3 946 000	4 832 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 685 000	1 164 000	857 000	780 000
Expenditure	1 331 000	838 000	659 000	671 000
Operating Profit	354 000	326 000	199 000	108 000
Financial Income	572 000	2 224 000	−1 081 000	628 000
Financial Costs	7 000	1 000	3 000	3 000
Financial Balance	565 000	2 223 000	−1 084 000	625 000
Earnings Before Tax	920 000	2 550 000	−886 000	734 000
Tax	118 000	60 000	0	0
Net Income	801 000	2 490 000	−886 000	734 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 651 000	8 385 000	6 392 000	5 274 000
Total Current Assets	1 762 000	868 000	194 000	204 000
Total Assets	10 412 000	9 254 000	6 586 000	5 478 000
Total Retained Equity	3 335 000	2 534 000	43 000	929 000
Total Equity	7 238 000	6 436 000	3 946 000	4 832 000
Total Long-Term Debt	1 093 000	1 327 000	2 441 000	295 000
Total Current Debt	2 082 000	1 490 000	199 000	351 000
Total Equity and Debt	10 412 000	9 254 000	6 586 000	5 478 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 222 000	1 031 000	831 000	780 000
Other Income	463 000	133 000	26 000	0
Revenue	1 685 000	1 164 000	857 000	780 000
Cost of Goods Sold	0	0	0	0
Salary Costs	909 000	672 000	570 000	605 000
Depreciation	340 000	99 000	19 000	0
Impairment	0	0	0	0
Expenditure	1 331 000	838 000	659 000	671 000
Operating Profit	354 000	326 000	199 000	108 000
Financial Income	572 000	2 224 000	−1 081 000	628 000
Financial Costs	7 000	1 000	3 000	3 000
Financial Balance	565 000	2 223 000	−1 084 000	625 000
Dividends	0	0	0	0
Net Income	801 000	2 490 000	−886 000	734 000

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	0	0	0	0
Fixtures	411 000	241 000	130 000	0
Total Tangible Assets	411 000	241 000	130 000	0
Total Fiancial Fixed Assets	8 240 000	8 144 000	6 262 000	5 274 000
Total Fixed Assets	8 651 000	8 385 000	6 392 000	5 274 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 000	96 000	162 000	203 000
Total Current Assets	1 762 000	868 000	194 000	204 000
Total Assets	10 412 000	9 254 000	6 586 000	5 478 000
Total Equity	7 238 000	6 436 000	3 946 000	4 832 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 093 000	1 327 000	2 441 000	295 000
Creditors	16 000	6 000	13 000	10 000
Unpaid Taxes	157 000	87 000	73 000	70 000
Dividends	0	0	0	0
Other Current Debt	1 790 000	1 337 000	113 000	271 000
Total Current Debt	2 082 000	1 490 000	199 000	351 000
Total Equity and Debt	10 412 000	9 254 000	6 586 000	5 478 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,07 %	38,69 %	−22,45 %	15,19 %
Debt-to-Equity Ratio	0,15	0,21	0,62	0,06
Operating Profit Margin	21,01 %	28,01 %	23,22 %	13,85 %
Current Ratio	0,85	0,58	0,97	0,58
Quick Ratio	0,85	0,58	0,97	0,58
Equity Ratio	0,7	0,7	0,6	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %