VEISERVICE AS

1914 YTRE ENEBAKK

Finances

Share Ownership

Return on Equity

37,67 %

Current Ratio

1,66

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 506 000	23 052 000	25 756 000	13 207 000
Net Income	1 843 000	1 314 000	2 571 000	−94 000
Total Assets	10 770 000	10 073 000	9 830 000	5 249 000
Total Equity	4 893 000	5 697 000	4 623 000	1 026 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 506 000	23 052 000	25 756 000	13 207 000
Expenditure	23 111 000	21 295 000	22 505 000	13 342 000
Operating Profit	2 395 000	1 757 000	3 251 000	−135 000
Financial Income	0	0	52 000	49 000
Financial Costs	30 000	69 000	8 000	36 000
Financial Balance	−30 000	−69 000	44 000	13 000
Earnings Before Tax	2 365 000	1 688 000	3 295 000	−121 000
Tax	523 000	374 000	725 000	−27 000
Net Income	1 843 000	1 314 000	2 571 000	−94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 568 000	2 032 000	1 706 000	498 000
Total Current Assets	9 201 000	8 041 000	8 124 000	4 751 000
Total Assets	10 770 000	10 073 000	9 830 000	5 249 000
Total Retained Equity	4 161 000	4 571 000	3 497 000	926 000
Total Equity	4 893 000	5 697 000	4 623 000	1 026 000
Total Long-Term Debt	323 000	396 000	50 000	0
Total Current Debt	5 553 000	3 980 000	5 158 000	4 223 000
Total Equity and Debt	10 770 000	10 073 000	9 830 000	5 249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 500 000	23 029 000	25 753 000	13 143 000
Other Income	7 000	22 000	3 000	64 000
Revenue	25 506 000	23 052 000	25 756 000	13 207 000
Cost of Goods Sold	0	0	70 000	4 974 000
Salary Costs	15 795 000	13 304 000	15 925 000	5 290 000
Depreciation	444 000	395 000	424 000	149 000
Impairment	0	0	0	0
Expenditure	23 111 000	21 295 000	22 505 000	13 342 000
Operating Profit	2 395 000	1 757 000	3 251 000	−135 000
Financial Income	0	0	52 000	49 000
Financial Costs	30 000	69 000	8 000	36 000
Financial Balance	−30 000	−69 000	44 000	13 000
Dividends	0	0	0	1 083 000
Net Income	1 843 000	1 314 000	2 571 000	−94 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	143 000	100 000	0	115 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	641 000	800 000	943 000	0
Fixtures	766 000	1 094 000	704 000	383 000
Total Tangible Assets	1 407 000	1 894 000	1 648 000	383 000
Total Fiancial Fixed Assets	18 000	38 000	58 000	0
Total Fixed Assets	1 568 000	2 032 000	1 706 000	498 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 717 000	3 879 000	3 665 000	2 257 000
Total Current Assets	9 201 000	8 041 000	8 124 000	4 751 000
Total Assets	10 770 000	10 073 000	9 830 000	5 249 000
Total Equity	4 893 000	5 697 000	4 623 000	1 026 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	323 000	396 000	50 000	0
Creditors	521 000	171 000	253 000	958 000
Unpaid Taxes	1 490 000	1 828 000	1 613 000	607 000
Dividends	0	0	0	1 083 000
Other Current Debt	2 992 000	1 459 000	2 878 000	1 575 000
Total Current Debt	5 553 000	3 980 000	5 158 000	4 223 000
Total Equity and Debt	10 770 000	10 073 000	9 830 000	5 249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,67 %	23,06 %	55,61 %	−9,16 %
Debt-to-Equity Ratio	0,07	0,07	0,01	0
Operating Profit Margin	9,39 %	7,62 %	12,62 %	−1,02 %
Current Ratio	1,66	2,02	1,58	1,13
Quick Ratio	1,66	2,02	1,58	1,13
Equity Ratio	0,45	0,57	0,47	0,2
Gross Profit Margin	100 %	100 %	99,73 %	62,34 %