VEFLEN ENTREPRENØR AS

2100 SKARNES

Finances

Share Ownership

Return on Equity

8,33 %

Current Ratio

1,39

Debt-to-Equity Ratio

1,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	243 809 000	204 009 000	226 706 000	245 823 000
Net Income	1 905 000	−11 640 000	7 393 000	13 977 000
Total Assets	104 798 000	88 174 000	74 400 000	80 724 000
Total Equity	22 874 000	20 969 000	32 608 000	25 373 000

Income (NOK)	2022	2021	2020	2019
Revenue	243 809 000	204 009 000	226 706 000	245 823 000
Expenditure	239 738 000	218 092 000	216 867 000	227 408 000
Operating Profit	4 072 000	−14 083 000	9 839 000	18 415 000
Financial Income	6 000	7 000	115 000	226 000
Financial Costs	1 607 000	821 000	511 000	664 000
Financial Balance	−1 601 000	−814 000	−396 000	−438 000
Earnings Before Tax	2 471 000	−14 898 000	9 443 000	17 977 000
Tax	566 000	−3 258 000	2 050 000	3 999 000
Net Income	1 905 000	−11 640 000	7 393 000	13 977 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 172 000	28 378 000	10 772 000	9 885 000
Total Current Assets	76 627 000	59 797 000	63 627 000	70 839 000
Total Assets	104 798 000	88 174 000	74 400 000	80 724 000
Total Retained Equity	22 374 000	20 469 000	32 108 000	24 873 000
Total Equity	22 874 000	20 969 000	32 608 000	25 373 000
Total Long-Term Debt	26 652 000	23 069 000	9 641 000	10 295 000
Total Current Debt	55 272 000	44 137 000	32 151 000	45 056 000
Total Equity and Debt	104 798 000	88 174 000	74 400 000	80 724 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	242 585 000	203 979 000	226 696 000	245 818 000
Other Income	1 224 000	30 000	10 000	5 000
Revenue	243 809 000	204 009 000	226 706 000	245 823 000
Cost of Goods Sold	89 315 000	88 053 000	98 678 000	112 886 000
Salary Costs	75 499 000	68 648 000	62 378 000	63 556 000
Depreciation	9 587 000	6 454 000	4 060 000	3 468 000
Impairment	0	0	0	0
Expenditure	239 738 000	218 092 000	216 867 000	227 408 000
Operating Profit	4 072 000	−14 083 000	9 839 000	18 415 000
Financial Income	6 000	7 000	115 000	226 000
Financial Costs	1 607 000	821 000	511 000	664 000
Financial Balance	−1 601 000	−814 000	−396 000	−438 000
Dividends	0	0	158 000	5 000 000
Net Income	1 905 000	−11 640 000	7 393 000	13 977 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 437 000	1 323 000	1 435 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	25 735 000	26 955 000	9 338 000	9 885 000
Total Tangible Assets	28 172 000	28 278 000	10 772 000	9 885 000
Total Fiancial Fixed Assets	0	100 000	0	0
Total Fixed Assets	28 172 000	28 378 000	10 772 000	9 885 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 222 000	3 093 000	2 358 000	2 764 000
Total Current Assets	76 627 000	59 797 000	63 627 000	70 839 000
Total Assets	104 798 000	88 174 000	74 400 000	80 724 000
Total Equity	22 874 000	20 969 000	32 608 000	25 373 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 652 000	23 069 000	9 641 000	10 295 000
Creditors	27 076 000	17 258 000	12 057 000	16 931 000
Unpaid Taxes	12 054 000	11 813 000	9 155 000	10 200 000
Dividends	0	0	158 000	5 000 000
Other Current Debt	13 221 000	11 743 000	9 804 000	12 925 000
Total Current Debt	55 272 000	44 137 000	32 151 000	45 056 000
Total Equity and Debt	104 798 000	88 174 000	74 400 000	80 724 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,33 %	−55,51 %	22,67 %	55,09 %
Debt-to-Equity Ratio	1,17	1,1	0,3	0,41
Operating Profit Margin	1,67 %	−6,9 %	4,34 %	7,49 %
Current Ratio	1,39	1,35	1,98	1,57
Quick Ratio	1,39	1,35	1,98	1,57
Equity Ratio	0,22	0,24	0,44	0,31
Gross Profit Margin	63,37 %	56,84 %	56,47 %	54,08 %