VEIFO AS

1461 LØRENSKOG

Finances

Return on Equity

35,74 %

Current Ratio

1,15

Debt-to-Equity Ratio

5,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 081 000	2 270 000	1 298 000	1 253 000
Net Income	99 000	3 000	59 000	102 000
Total Assets	3 742 000	1 292 000	657 000	777 000
Total Equity	277 000	178 000	175 000	416 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 081 000	2 270 000	1 298 000	1 253 000
Expenditure	3 934 000	2 262 000	1 221 000	1 118 000
Operating Profit	148 000	9 000	76 000	135 000
Financial Income	0	0	0	1 000
Financial Costs	20 000	1 000	0	0
Financial Balance	−20 000	−1 000	0	1 000
Earnings Before Tax	128 000	8 000	76 000	136 000
Tax	29 000	5 000	18 000	34 000
Net Income	99 000	3 000	59 000	102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 454 000	125 000	0	0
Total Current Assets	2 288 000	1 167 000	657 000	777 000
Total Assets	3 742 000	1 292 000	657 000	777 000
Total Retained Equity	247 000	148 000	145 000	386 000
Total Equity	277 000	178 000	175 000	416 000
Total Long-Term Debt	1 468 000	0	0	0
Total Current Debt	1 997 000	1 115 000	483 000	361 000
Total Equity and Debt	3 742 000	1 292 000	657 000	777 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 004 000	2 270 000	1 298 000	1 253 000
Other Income	77 000	0	0	0
Revenue	4 081 000	2 270 000	1 298 000	1 253 000
Cost of Goods Sold	838 000	0	0	0
Salary Costs	2 672 000	1 823 000	957 000	939 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 934 000	2 262 000	1 221 000	1 118 000
Operating Profit	148 000	9 000	76 000	135 000
Financial Income	0	0	0	1 000
Financial Costs	20 000	1 000	0	0
Financial Balance	−20 000	−1 000	0	1 000
Dividends	0	0	300 000	100 000
Net Income	99 000	3 000	59 000	102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 004 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	450 000	125 000	0	0
Total Fixed Assets	1 454 000	125 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	246 000	84 000	632 000	665 000
Total Current Assets	2 288 000	1 167 000	657 000	777 000
Total Assets	3 742 000	1 292 000	657 000	777 000
Total Equity	277 000	178 000	175 000	416 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 468 000	0	0	0
Creditors	622 000	16 000	6 000	3 000
Unpaid Taxes	469 000	386 000	74 000	140 000
Dividends	0	0	300 000	100 000
Other Current Debt	877 000	708 000	386 000	185 000
Total Current Debt	1 997 000	1 115 000	483 000	361 000
Total Equity and Debt	3 742 000	1 292 000	657 000	777 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,74 %	1,69 %	33,71 %	24,52 %
Debt-to-Equity Ratio	5,3	0	0	0
Operating Profit Margin	3,63 %	0,4 %	5,86 %	10,77 %
Current Ratio	1,15	1,05	1,36	2,15
Quick Ratio	1,15	1,05	1,36	2,15
Equity Ratio	0,07	0,14	0,27	0,54
Gross Profit Margin	79,47 %	100 %	100 %	100 %