VEDDE MAT AS

6030 LANGEVÅG

Finances

Share Ownership

Return on Equity

54,28 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 386 000	38 873 000	38 362 000	31 551 000
Net Income	933 000	1 086 000	721 000	−290 000
Total Assets	5 223 000	4 533 000	5 957 000	6 209 000
Total Equity	1 719 000	1 186 000	500 000	1 534 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 386 000	38 873 000	38 362 000	31 551 000
Expenditure	37 164 000	37 446 000	37 378 000	31 817 000
Operating Profit	1 222 000	1 427 000	984 000	−266 000
Financial Income	9 000	3 000	3 000	3 000
Financial Costs	35 000	38 000	61 000	108 000
Financial Balance	−26 000	−35 000	−58 000	−105 000
Earnings Before Tax	1 196 000	1 393 000	926 000	−372 000
Tax	263 000	306 000	205 000	−82 000
Net Income	933 000	1 086 000	721 000	−290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	26 000	6 000	2 369 000
Total Current Assets	5 197 000	4 507 000	5 951 000	3 840 000
Total Assets	5 223 000	4 533 000	5 957 000	6 209 000
Total Retained Equity	1 219 000	686 000	0	0
Total Equity	1 719 000	1 186 000	500 000	1 534 000
Total Long-Term Debt	311 000	466 000	1 413 000	2 868 000
Total Current Debt	3 193 000	2 880 000	4 043 000	1 807 000
Total Equity and Debt	5 223 000	4 533 000	5 957 000	6 209 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 121 000	38 574 000	37 983 000	31 407 000
Other Income	264 000	299 000	380 000	144 000
Revenue	38 386 000	38 873 000	38 362 000	31 551 000
Cost of Goods Sold	28 715 000	28 987 000	28 685 000	23 507 000
Salary Costs	3 733 000	3 642 000	3 773 000	3 645 000
Depreciation	0	0	688 000	794 000
Impairment	0	0	0	0
Expenditure	37 164 000	37 446 000	37 378 000	31 817 000
Operating Profit	1 222 000	1 427 000	984 000	−266 000
Financial Income	9 000	3 000	3 000	3 000
Financial Costs	35 000	38 000	61 000	108 000
Financial Balance	−26 000	−35 000	−58 000	−105 000
Dividends	400 000	400 000	0	0
Net Income	933 000	1 086 000	721 000	−290 000

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	0	0	0	2 363 000
Total Tangible Assets	0	0	0	2 363 000
Total Fiancial Fixed Assets	26 000	26 000	6 000	6 000
Total Fixed Assets	26 000	26 000	6 000	2 369 000
Stock	3 006 000	2 792 000	2 812 000	2 648 000
Total Investments	0	0	0	0
Cash, Bank	904 000	275 000	2 012 000	209 000
Total Current Assets	5 197 000	4 507 000	5 951 000	3 840 000
Total Assets	5 223 000	4 533 000	5 957 000	6 209 000
Total Equity	1 719 000	1 186 000	500 000	1 534 000
Short-Term Group Debt	0	0	1 510 000	0
Total Long-Term Debt	311 000	466 000	1 413 000	2 868 000
Creditors	1 684 000	1 262 000	805 000	735 000
Unpaid Taxes	285 000	269 000	725 000	362 000
Dividends	400 000	400 000	0	0
Other Current Debt	556 000	600 000	926 000	565 000
Total Current Debt	3 193 000	2 880 000	4 043 000	1 807 000
Total Equity and Debt	5 223 000	4 533 000	5 957 000	6 209 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,28 %	91,57 %	144,2 %	−18,9 %
Debt-to-Equity Ratio	0,18	0,39	2,83	1,87
Operating Profit Margin	3,18 %	3,67 %	2,57 %	−0,84 %
Current Ratio	1,63	1,56	1,47	2,13
Quick Ratio	27,79	51,22	4,83	−4,57
Equity Ratio	0,33	0,26	0,08	0,25
Gross Profit Margin	25,19 %	25,43 %	25,23 %	25,5 %