VETT AS

4053 RÆGE

Finances

Share Ownership

Return on Equity

0,7 %

Current Ratio

15,5

Debt-to-Equity Ratio

−1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	54 000	50 000	128 000	25 000
Net Income	−10 000	−18 000	60 000	−70 000
Total Assets	56 000	71 000	87 000	53 000
Total Equity	−1 422 000	−1 413 000	−1 395 000	−1 455 000

Income (NOK)	2022	2021	2020	2019
Revenue	54 000	50 000	128 000	25 000
Expenditure	64 000	67 000	68 000	95 000
Operating Profit	−10 000	−18 000	60 000	−70 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−10 000	−18 000	60 000	−70 000
Tax	0	0	0	0
Net Income	−10 000	−18 000	60 000	−70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	11 000	22 000	0
Total Current Assets	31 000	60 000	65 000	53 000
Total Assets	56 000	71 000	87 000	53 000
Total Retained Equity	−1 522 000	−1 513 000	−1 495 000	−1 555 000
Total Equity	−1 422 000	−1 413 000	−1 395 000	−1 455 000
Total Long-Term Debt	1 476 000	0	0	0
Total Current Debt	2 000	1 484 000	1 482 000	1 508 000
Total Equity and Debt	56 000	71 000	87 000	53 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 000	50 000	128 000	25 000
Other Income	0	0	0	0
Revenue	54 000	50 000	128 000	25 000
Cost of Goods Sold	1 000	15 000	0	0
Salary Costs	0	0	0	0
Depreciation	21 000	11 000	12 000	0
Impairment	0	0	0	0
Expenditure	64 000	67 000	68 000	95 000
Operating Profit	−10 000	−18 000	60 000	−70 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−10 000	−18 000	60 000	−70 000

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	25 000	11 000	22 000	0
Total Tangible Assets	25 000	11 000	22 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 000	11 000	22 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 000	54 000	64 000	37 000
Total Current Assets	31 000	60 000	65 000	53 000
Total Assets	56 000	71 000	87 000	53 000
Total Equity	−1 422 000	−1 413 000	−1 395 000	−1 455 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 476 000	0	0	0
Creditors	1 000	0	0	0
Unpaid Taxes	1 000	2 000	0	2 000
Dividends	0	0	0	0
Other Current Debt	0	1 482 000	1 482 000	1 506 000
Total Current Debt	2 000	1 484 000	1 482 000	1 508 000
Total Equity and Debt	56 000	71 000	87 000	53 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,7 %	1,27 %	−4,3 %	4,81 %
Debt-to-Equity Ratio	−1,04	−0	−0	−0
Operating Profit Margin	−18,52 %	−36 %	46,88 %	−280 %
Current Ratio	15,5	0,04	0,04	0,04
Quick Ratio	15,5	0,04	0,04	0,04
Equity Ratio	−25,39	−19,9	−16,03	−27,45
Gross Profit Margin	98,15 %	70 %	100 %	100 %