NORSK VETERANMOTOR AS

5420 RUBBESTADNESET

Finances

Share Ownership

Return on Equity

−13,27 %

Current Ratio

0,28

Debt-to-Equity Ratio

−15,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 072 000	1 660 000	1 578 000	1 417 000
Net Income	26 000	23 000	−6 000	−17 000
Total Assets	3 849 000	3 833 000	4 473 000	4 783 000
Total Equity	−196 000	−222 000	−245 000	−239 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 072 000	1 660 000	1 578 000	1 417 000
Expenditure	1 885 000	1 496 000	1 436 000	1 276 000
Operating Profit	187 000	164 000	142 000	141 000
Financial Income	4 000	5 000	4 000	0
Financial Costs	166 000	146 000	151 000	158 000
Financial Balance	−162 000	−141 000	−147 000	−158 000
Earnings Before Tax	26 000	23 000	−6 000	−17 000
Tax	0	0	0	0
Net Income	26 000	23 000	−6 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 590 000	3 578 000	3 964 000	4 350 000
Total Current Assets	259 000	255 000	509 000	433 000
Total Assets	3 849 000	3 833 000	4 473 000	4 783 000
Total Retained Equity	−226 000	−252 000	−275 000	−269 000
Total Equity	−196 000	−222 000	−245 000	−239 000
Total Long-Term Debt	3 128 000	3 267 000	3 479 000	3 842 000
Total Current Debt	917 000	789 000	1 239 000	1 180 000
Total Equity and Debt	3 849 000	3 833 000	4 473 000	4 783 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 072 000	1 660 000	1 578 000	1 417 000
Other Income	0	0	0	0
Revenue	2 072 000	1 660 000	1 578 000	1 417 000
Cost of Goods Sold	183 000	176 000	204 000	214 000
Salary Costs	0	0	0	0
Depreciation	365 000	386 000	386 000	386 000
Impairment	0	0	0	0
Expenditure	1 885 000	1 496 000	1 436 000	1 276 000
Operating Profit	187 000	164 000	142 000	141 000
Financial Income	4 000	5 000	4 000	0
Financial Costs	166 000	146 000	151 000	158 000
Financial Balance	−162 000	−141 000	−147 000	−158 000
Dividends	0	0	0	0
Net Income	26 000	23 000	−6 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 590 000	3 578 000	3 964 000	4 350 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 590 000	3 578 000	3 964 000	4 350 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 590 000	3 578 000	3 964 000	4 350 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	148 000	133 000	403 000	370 000
Total Current Assets	259 000	255 000	509 000	433 000
Total Assets	3 849 000	3 833 000	4 473 000	4 783 000
Total Equity	−196 000	−222 000	−245 000	−239 000
Short-Term Group Debt	824 000	724 000	1 124 000	1 124 000
Total Long-Term Debt	3 128 000	3 267 000	3 479 000	3 842 000
Creditors	93 000	50 000	65 000	56 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	15 000	50 000	0
Total Current Debt	917 000	789 000	1 239 000	1 180 000
Total Equity and Debt	3 849 000	3 833 000	4 473 000	4 783 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,27 %	−10,36 %	2,45 %	7,11 %
Debt-to-Equity Ratio	−15,96	−14,72	−14,2	−16,08
Operating Profit Margin	9,03 %	9,88 %	9 %	9,95 %
Current Ratio	0,28	0,32	0,41	0,37
Quick Ratio	0,28	0,32	0,41	0,37
Equity Ratio	−0,05	−0,06	−0,05	−0,05
Gross Profit Margin	91,17 %	89,4 %	87,07 %	84,9 %