VERITAS HAVE AS

0283 OSLO

Finances

Share Ownership

Return on Equity

−2 097,67 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 345 000	323 429 000	250 748 000	1 682 000
Net Income	−902 000	27 095 000	25 111 000	927 000
Total Assets	9 651 000	95 835 000	414 099 000	250 306 000
Total Equity	43 000	1 866 000	26 068 000	957 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 345 000	323 429 000	250 748 000	1 682 000
Expenditure	1 505 000	289 023 000	218 611 000	543 000
Operating Profit	−160 000	34 407 000	32 137 000	1 139 000
Financial Income	128 000	330 000	60 000	54 000
Financial Costs	1 124 000	0	3 000	4 000
Financial Balance	−996 000	330 000	57 000	50 000
Earnings Before Tax	−1 156 000	34 737 000	32 194 000	1 189 000
Tax	−254 000	7 642 000	7 083 000	262 000
Net Income	−902 000	27 095 000	25 111 000	927 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	45 224 000	47 000 000	217 000 000
Total Current Assets	9 651 000	50 611 000	367 099 000	33 306 000
Total Assets	9 651 000	95 835 000	414 099 000	250 306 000
Total Retained Equity	9 000	1 833 000	26 035 000	924 000
Total Equity	43 000	1 866 000	26 068 000	957 000
Total Long-Term Debt	0	521 000	7 348 000	187 265 000
Total Current Debt	9 608 000	93 447 000	380 683 000	62 084 000
Total Equity and Debt	9 651 000	95 835 000	414 099 000	250 306 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 279 000	322 184 000	250 638 000	1 420 000
Other Income	66 000	1 245 000	110 000	262 000
Revenue	1 345 000	323 429 000	250 748 000	1 682 000
Cost of Goods Sold	1 287 000	288 683 000	217 908 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 505 000	289 023 000	218 611 000	543 000
Operating Profit	−160 000	34 407 000	32 137 000	1 139 000
Financial Income	128 000	330 000	60 000	54 000
Financial Costs	1 124 000	0	3 000	4 000
Financial Balance	−996 000	330 000	57 000	50 000
Dividends	0	0	0	0
Net Income	−902 000	27 095 000	25 111 000	927 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	45 224 000	47 000 000	217 000 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	45 224 000	47 000 000	217 000 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	45 224 000	47 000 000	217 000 000
Stock	0	0	330 172 000	31 196 000
Total Investments	0	0	0	0
Cash, Bank	7 326 000	13 389 000	4 173 000	2 085 000
Total Current Assets	9 651 000	50 611 000	367 099 000	33 306 000
Total Assets	9 651 000	95 835 000	414 099 000	250 306 000
Total Equity	43 000	1 866 000	26 068 000	957 000
Short-Term Group Debt	8 269 000	65 765 000	191 000	14 183 000
Total Long-Term Debt	0	521 000	7 348 000	187 265 000
Creditors	1 339 000	3 734 000	13 273 000	1 623 000
Unpaid Taxes	0	0	9 000	0
Dividends	0	0	0	0
Other Current Debt	0	23 948 000	52 083 000	46 277 000
Total Current Debt	9 608 000	93 447 000	380 683 000	62 084 000
Total Equity and Debt	9 651 000	95 835 000	414 099 000	250 306 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2 097,67 %	1 452,04 %	96,33 %	96,87 %
Debt-to-Equity Ratio	0	0,28	0,28	195,68
Operating Profit Margin	−11,9 %	10,64 %	12,82 %	67,72 %
Current Ratio	1	0,54	0,96	0,54
Quick Ratio	1	0,54	7,27	1,08
Equity Ratio	0	0,02	0,06	0
Gross Profit Margin	4,31 %	10,74 %	13,1 %	100 %