VE ENTREPRENØR AS

4754 BYKLE

Finances

Share Ownership

Return on Equity

61,66 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 599 000	9 128 000	5 796 000	5 362 000
Net Income	1 055 000	404 000	227 000	393 000
Total Assets	6 844 000	4 158 000	2 523 000	2 026 000
Total Equity	1 711 000	1 055 000	650 000	423 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 599 000	9 128 000	5 796 000	5 362 000
Expenditure	13 312 000	8 661 000	5 504 000	4 859 000
Operating Profit	1 381 000	539 000	292 000	503 000
Financial Income	3 000	0	0	1 000
Financial Costs	32 000	20 000	1 000	0
Financial Balance	−29 000	−20 000	−1 000	1 000
Earnings Before Tax	1 353 000	519 000	291 000	504 000
Tax	298 000	114 000	64 000	111 000
Net Income	1 055 000	404 000	227 000	393 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	909 000	980 000	391 000	0
Total Current Assets	5 934 000	3 178 000	2 132 000	2 026 000
Total Assets	6 844 000	4 158 000	2 523 000	2 026 000
Total Retained Equity	1 681 000	1 025 000	620 000	393 000
Total Equity	1 711 000	1 055 000	650 000	423 000
Total Long-Term Debt	744 000	809 000	14 000	0
Total Current Debt	4 388 000	2 295 000	1 859 000	1 603 000
Total Equity and Debt	6 844 000	4 158 000	2 523 000	2 026 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 068 000	9 064 000	5 376 000	5 426 000
Other Income	531 000	64 000	420 000	−64 000
Revenue	14 599 000	9 128 000	5 796 000	5 362 000
Cost of Goods Sold	560 000	336 000	0	0
Salary Costs	11 925 000	7 632 000	5 170 000	4 672 000
Depreciation	173 000	114 000	23 000	0
Impairment	0	0	0	0
Expenditure	13 312 000	8 661 000	5 504 000	4 859 000
Operating Profit	1 381 000	539 000	292 000	503 000
Financial Income	3 000	0	0	1 000
Financial Costs	32 000	20 000	1 000	0
Financial Balance	−29 000	−20 000	−1 000	1 000
Dividends	0	0	0	0
Net Income	1 055 000	404 000	227 000	393 000

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	659 000	735 000	248 000	0
Fixtures	251 000	245 000	143 000	0
Total Tangible Assets	909 000	980 000	391 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	909 000	980 000	391 000	0
Stock	165 000	71 000	0	0
Total Investments	0	0	0	0
Cash, Bank	4 552 000	1 390 000	1 729 000	1 578 000
Total Current Assets	5 934 000	3 178 000	2 132 000	2 026 000
Total Assets	6 844 000	4 158 000	2 523 000	2 026 000
Total Equity	1 711 000	1 055 000	650 000	423 000
Short-Term Group Debt	511 000	0	0	0
Total Long-Term Debt	744 000	809 000	14 000	0
Creditors	72 000	95 000	229 000	4 000
Unpaid Taxes	1 582 000	817 000	737 000	790 000
Dividends	0	0	0	0
Other Current Debt	2 043 000	1 292 000	843 000	698 000
Total Current Debt	4 388 000	2 295 000	1 859 000	1 603 000
Total Equity and Debt	6 844 000	4 158 000	2 523 000	2 026 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,66 %	38,29 %	34,92 %	92,91 %
Debt-to-Equity Ratio	0,43	0,77	0,02	0
Operating Profit Margin	9,46 %	5,9 %	5,04 %	9,38 %
Current Ratio	1,35	1,38	1,15	1,26
Quick Ratio	1,41	1,43	1,15	1,26
Equity Ratio	0,25	0,25	0,26	0,21
Gross Profit Margin	96,16 %	96,32 %	100 %	100 %