VEGGPANEL AS

2900 FAGERNES

Finances

Share Ownership

Return on Equity

−148,51 %

Current Ratio

2,39

Debt-to-Equity Ratio

5,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 732 000	3 867 000	32 000	78 000
Net Income	−199 000	284 000	5 000	14 000
Total Assets	1 372 000	1 407 000	328 000	72 000
Total Equity	134 000	333 000	49 000	44 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 732 000	3 867 000	32 000	78 000
Expenditure	1 827 000	3 477 000	28 000	61 000
Operating Profit	−96 000	389 000	4 000	17 000
Financial Income	2 000	2 000	0	0
Financial Costs	7 000	26 000	0	0
Financial Balance	−5 000	−24 000	0	0
Earnings Before Tax	−101 000	366 000	4 000	17 000
Tax	99 000	82 000	0	3 000
Net Income	−199 000	284 000	5 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	128 000	5 000	7 000
Total Current Assets	1 334 000	1 279 000	323 000	66 000
Total Assets	1 372 000	1 407 000	328 000	72 000
Total Retained Equity	104 000	303 000	19 000	14 000
Total Equity	134 000	333 000	49 000	44 000
Total Long-Term Debt	680 000	425 000	4 000	4 000
Total Current Debt	558 000	649 000	275 000	24 000
Total Equity and Debt	1 372 000	1 407 000	328 000	72 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 732 000	3 117 000	32 000	78 000
Other Income	0	750 000	0	0
Revenue	1 732 000	3 867 000	32 000	78 000
Cost of Goods Sold	1 069 000	1 747 000	0	28 000
Salary Costs	0	0	0	0
Depreciation	0	10 000	2 000	7 000
Impairment	0	0	0	0
Expenditure	1 827 000	3 477 000	28 000	61 000
Operating Profit	−96 000	389 000	4 000	17 000
Financial Income	2 000	2 000	0	0
Financial Costs	7 000	26 000	0	0
Financial Balance	−5 000	−24 000	0	0
Dividends	0	0	0	0
Net Income	−199 000	284 000	5 000	14 000

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	38 000	28 000	5 000	7 000
Total Tangible Assets	38 000	28 000	5 000	7 000
Total Fiancial Fixed Assets	0	100 000	0	0
Total Fixed Assets	38 000	128 000	5 000	7 000
Stock	1 233 000	763 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	17 000	171 000	61 000
Total Current Assets	1 334 000	1 279 000	323 000	66 000
Total Assets	1 372 000	1 407 000	328 000	72 000
Total Equity	134 000	333 000	49 000	44 000
Short-Term Group Debt	222 000	0	0	0
Total Long-Term Debt	680 000	425 000	4 000	4 000
Creditors	71 000	−223 000	0	22 000
Unpaid Taxes	−3 000	445 000	1 000	8 000
Dividends	0	0	0	0
Other Current Debt	38 000	314 000	168 000	−39 000
Total Current Debt	558 000	649 000	275 000	24 000
Total Equity and Debt	1 372 000	1 407 000	328 000	72 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−148,51 %	85,29 %	10,2 %	31,82 %
Debt-to-Equity Ratio	5,07	1,28	0,08	0,09
Operating Profit Margin	−5,54 %	10,06 %	12,5 %	21,79 %
Current Ratio	2,39	1,97	1,17	2,75
Quick Ratio	−1,98	−11,22	1,17	2,75
Equity Ratio	0,1	0,24	0,15	0,61
Gross Profit Margin	38,28 %	54,82 %	100 %	64,1 %