VE-TRANS AS

1718 GREÅKER

Finances

Share Ownership

Return on Equity

8,8 %

Current Ratio

0,04

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	446 000	342 000	745 000	1 172 000
Net Income	106 000	−103 000	373 000	97 000
Total Assets	3 208 000	3 270 000	3 544 000	3 551 000
Total Equity	1 204 000	1 098 000	1 172 000	799 000

Income (NOK)	2022	2021	2020	2019
Revenue	446 000	342 000	745 000	1 172 000
Expenditure	326 000	406 000	326 000	904 000
Operating Profit	119 000	−64 000	419 000	268 000
Financial Income	14 000	2 000	0	0
Financial Costs	28 000	41 000	46 000	67 000
Financial Balance	−14 000	−39 000	−46 000	−67 000
Earnings Before Tax	106 000	−103 000	373 000	200 000
Tax	0	0	0	103 000
Net Income	106 000	−103 000	373 000	97 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 136 000	3 174 000	3 293 000	3 235 000
Total Current Assets	71 000	96 000	250 000	317 000
Total Assets	3 208 000	3 270 000	3 544 000	3 551 000
Total Retained Equity	1 174 000	1 068 000	1 142 000	769 000
Total Equity	1 204 000	1 098 000	1 172 000	799 000
Total Long-Term Debt	340 000	567 000	794 000	1 021 000
Total Current Debt	1 664 000	1 604 000	1 578 000	1 731 000
Total Equity and Debt	3 208 000	3 270 000	3 544 000	3 551 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	382 000	292 000	652 000	1 118 000
Other Income	64 000	50 000	93 000	54 000
Revenue	446 000	342 000	745 000	1 172 000
Cost of Goods Sold	0	13 000	0	0
Salary Costs	0	0	0	0
Depreciation	34 000	32 000	29 000	18 000
Impairment	0	0	0	0
Expenditure	326 000	406 000	326 000	904 000
Operating Profit	119 000	−64 000	419 000	268 000
Financial Income	14 000	2 000	0	0
Financial Costs	28 000	41 000	46 000	67 000
Financial Balance	−14 000	−39 000	−46 000	−67 000
Dividends	0	0	0	0
Net Income	106 000	−103 000	373 000	97 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 076 000	3 076 000	3 076 000	3 076 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	38 000	75 000	107 000	48 000
Total Tangible Assets	3 114 000	3 151 000	3 183 000	3 124 000
Total Fiancial Fixed Assets	23 000	23 000	110 000	110 000
Total Fixed Assets	3 136 000	3 174 000	3 293 000	3 235 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	65 000	72 000	67 000	173 000
Total Current Assets	71 000	96 000	250 000	317 000
Total Assets	3 208 000	3 270 000	3 544 000	3 551 000
Total Equity	1 204 000	1 098 000	1 172 000	799 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	340 000	567 000	794 000	1 021 000
Creditors	7 000	−16 000	0	0
Unpaid Taxes	0	0	0	33 000
Dividends	0	0	0	0
Other Current Debt	1 656 000	1 621 000	1 578 000	1 594 000
Total Current Debt	1 664 000	1 604 000	1 578 000	1 731 000
Total Equity and Debt	3 208 000	3 270 000	3 544 000	3 551 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,8 %	−9,38 %	31,83 %	12,14 %
Debt-to-Equity Ratio	0,28	0,52	0,68	1,28
Operating Profit Margin	26,68 %	−18,71 %	56,24 %	22,87 %
Current Ratio	0,04	0,06	0,16	0,18
Quick Ratio	0,04	0,06	0,16	0,18
Equity Ratio	0,38	0,34	0,33	0,23
Gross Profit Margin	100 %	96,2 %	100 %	100 %