VESET AS

8657 MOSJØEN

Finances

Share Ownership

Return on Equity

21,26 %

Current Ratio

4,08

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	216 000	233 000	390 000	265 000
Net Income	81 000	100 000	254 000	153 000
Total Assets	457 000	845 000	689 000	460 000
Total Equity	381 000	301 000	551 000	297 000

Income (NOK)	2022	2021	2020	2019
Revenue	216 000	233 000	390 000	265 000
Expenditure	113 000	106 000	65 000	70 000
Operating Profit	104 000	128 000	325 000	195 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	103 000	128 000	326 000	196 000
Tax	23 000	28 000	72 000	43 000
Net Income	81 000	100 000	254 000	153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	204 000	254 000	183 000	0
Total Current Assets	253 000	591 000	506 000	460 000
Total Assets	457 000	845 000	689 000	460 000
Total Retained Equity	365 000	284 000	535 000	281 000
Total Equity	381 000	301 000	551 000	297 000
Total Long-Term Debt	14 000	13 000	11 000	0
Total Current Debt	62 000	531 000	127 000	162 000
Total Equity and Debt	457 000	845 000	689 000	460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	161 000	422 000	318 000	266 000
Other Income	55 000	−189 000	72 000	0
Revenue	216 000	233 000	390 000	265 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	50 000	44 000	7 000	11 000
Impairment	0	0	0	0
Expenditure	113 000	106 000	65 000	70 000
Operating Profit	104 000	128 000	325 000	195 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	350 000	0	0
Net Income	81 000	100 000	254 000	153 000

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	204 000	254 000	183 000	0
Fixtures	0	0	0	0
Total Tangible Assets	204 000	254 000	183 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	204 000	254 000	183 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	142 000	535 000	262 000	287 000
Total Current Assets	253 000	591 000	506 000	460 000
Total Assets	457 000	845 000	689 000	460 000
Total Equity	381 000	301 000	551 000	297 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 000	13 000	11 000	0
Creditors	0	2 000	50 000	50 000
Unpaid Taxes	37 000	102 000	16 000	64 000
Dividends	0	350 000	0	0
Other Current Debt	0	50 000	0	6 000
Total Current Debt	62 000	531 000	127 000	162 000
Total Equity and Debt	457 000	845 000	689 000	460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,26 %	33,22 %	46,1 %	51,52 %
Debt-to-Equity Ratio	0,04	0,04	0,02	0
Operating Profit Margin	48,15 %	54,94 %	83,33 %	73,58 %
Current Ratio	4,08	1,11	3,98	2,84
Quick Ratio	4,08	1,11	3,98	2,84
Equity Ratio	0,83	0,36	0,8	0,65
Gross Profit Margin	100 %	100 %	100 %	100 %