VEA MANAGEMENT AS

4262 AVALDSNES

Finances

Share Ownership

Return on Equity

3,07 %

Current Ratio

Debt-to-Equity Ratio

−1,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 000	5 000	0	0
Net Income	−423 000	−788 000	−566 000	−898 000
Total Assets	3 324 000	3 903 000	4 310 000	4 272 000
Total Equity	−13 770 000	−13 347 000	−12 559 000	−11 993 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 000	5 000	0	0
Expenditure	502 000	793 000	567 000	893 000
Operating Profit	−422 000	−788 000	−566 000	−893 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	5 000
Financial Balance	−1 000	0	0	−5 000
Earnings Before Tax	−423 000	−788 000	−566 000	−898 000
Tax	0	0	0	0
Net Income	−423 000	−788 000	−566 000	−898 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 324 000	3 730 000	4 137 000	4 101 000
Total Current Assets	1 000	172 000	173 000	172 000
Total Assets	3 324 000	3 903 000	4 310 000	4 272 000
Total Retained Equity	−18 730 000	−18 307 000	−17 519 000	−16 953 000
Total Equity	−13 770 000	−13 347 000	−12 559 000	−11 993 000
Total Long-Term Debt	16 686 000	16 856 000	15 076 000	15 016 000
Total Current Debt	407 000	393 000	1 793 000	1 249 000
Total Equity and Debt	3 324 000	3 903 000	4 310 000	4 272 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	80 000	5 000	0	0
Revenue	80 000	5 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	407 000	407 000	407 000	407 000
Impairment	0	0	0	0
Expenditure	502 000	793 000	567 000	893 000
Operating Profit	−422 000	−788 000	−566 000	−893 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	5 000
Financial Balance	−1 000	0	0	−5 000
Dividends	0	0	0	0
Net Income	−423 000	−788 000	−566 000	−898 000

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	443 000	443 000	443 000	0
Fixtures	0	0	0	0
Total Tangible Assets	3 324 000	3 730 000	4 137 000	4 101 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 324 000	3 730 000	4 137 000	4 101 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	1 000	2 000	1 000
Total Current Assets	1 000	172 000	173 000	172 000
Total Assets	3 324 000	3 903 000	4 310 000	4 272 000
Total Equity	−13 770 000	−13 347 000	−12 559 000	−11 993 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 686 000	16 856 000	15 076 000	15 016 000
Creditors	109 000	194 000	1 655 000	1 202 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	298 000	199 000	138 000	47 000
Total Current Debt	407 000	393 000	1 793 000	1 249 000
Total Equity and Debt	3 324 000	3 903 000	4 310 000	4 272 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,07 %	5,9 %	4,51 %	7,49 %
Debt-to-Equity Ratio	−1,21	−1,26	−1,2	−1,25
Operating Profit Margin	−527,5 %	−15 760 %	-	-
Current Ratio	0	0,44	0,1	0,14
Quick Ratio	0	0,44	0,1	0,14
Equity Ratio	−4,14	−3,42	−2,91	−2,81
Gross Profit Margin	100 %	100 %	-	-