VEØY AS

6300 ÅNDALSNES

Finances

Return on Equity

18,19 %

Current Ratio

0,56

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	664 933 000	560 477 000	537 671 000	479 186 000
Net Income	25 435 000	24 383 000	27 611 000	20 821 000
Total Assets	362 421 000	315 742 000	283 438 000	264 207 000
Total Equity	139 815 000	122 380 000	112 997 000	110 218 000

Income (NOK)	2022	2021	2020	2019
Revenue	664 933 000	560 477 000	537 671 000	479 186 000
Expenditure	633 319 000	534 518 000	505 611 000	454 886 000
Operating Profit	31 615 000	25 960 000	32 061 000	24 300 000
Financial Income	1 931 000	4 452 000	3 033 000	2 541 000
Financial Costs	1 318 000	319 000	477 000	769 000
Financial Balance	613 000	4 133 000	2 556 000	1 772 000
Earnings Before Tax	32 227 000	30 092 000	34 617 000	26 072 000
Tax	6 792 000	5 709 000	7 006 000	5 251 000
Net Income	25 435 000	24 383 000	27 611 000	20 821 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	262 807 000	236 505 000	197 482 000	193 681 000
Total Current Assets	99 614 000	79 237 000	85 956 000	70 526 000
Total Assets	362 421 000	315 742 000	283 438 000	264 207 000
Total Retained Equity	139 343 000	121 908 000	112 525 000	109 747 000
Total Equity	139 815 000	122 380 000	112 997 000	110 218 000
Total Long-Term Debt	45 450 000	16 255 000	20 357 000	13 445 000
Total Current Debt	177 155 000	177 107 000	150 084 000	140 544 000
Total Equity and Debt	362 421 000	315 742 000	283 438 000	264 207 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	644 555 000	557 165 000	534 396 000	477 023 000
Other Income	20 378 000	3 313 000	3 275 000	2 163 000
Revenue	664 933 000	560 477 000	537 671 000	479 186 000
Cost of Goods Sold	949 000	6 695 000	10 866 000	8 250 000
Salary Costs	263 207 000	232 656 000	216 588 000	189 764 000
Depreciation	43 776 000	39 979 000	40 899 000	33 205 000
Impairment	0	0	0	0
Expenditure	633 319 000	534 518 000	505 611 000	454 886 000
Operating Profit	31 615 000	25 960 000	32 061 000	24 300 000
Financial Income	1 931 000	4 452 000	3 033 000	2 541 000
Financial Costs	1 318 000	319 000	477 000	769 000
Financial Balance	613 000	4 133 000	2 556 000	1 772 000
Dividends	8 000 000	15 000 000	25 000 000	13 000 000
Net Income	25 435 000	24 383 000	27 611 000	20 821 000

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	240 851 000	217 210 000	182 068 000	185 201 000
Fixtures	640 000	437 000	69 000	149 000
Total Tangible Assets	241 491 000	217 647 000	182 136 000	185 350 000
Total Fiancial Fixed Assets	21 316 000	18 858 000	15 346 000	8 331 000
Total Fixed Assets	262 807 000	236 505 000	197 482 000	193 681 000
Stock	0	0	633 000	448 000
Total Investments	0	0	0	0
Cash, Bank	0	0	1 718 000	426 000
Total Current Assets	99 614 000	79 237 000	85 956 000	70 526 000
Total Assets	362 421 000	315 742 000	283 438 000	264 207 000
Total Equity	139 815 000	122 380 000	112 997 000	110 218 000
Short-Term Group Debt	51 790 000	42 480 000	25 135 000	29 964 000
Total Long-Term Debt	45 450 000	16 255 000	20 357 000	13 445 000
Creditors	40 994 000	44 227 000	34 896 000	26 679 000
Unpaid Taxes	24 648 000	22 488 000	21 570 000	18 303 000
Dividends	8 000 000	15 000 000	25 000 000	13 000 000
Other Current Debt	41 367 000	35 706 000	34 961 000	30 086 000
Total Current Debt	177 155 000	177 107 000	150 084 000	140 544 000
Total Equity and Debt	362 421 000	315 742 000	283 438 000	264 207 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,19 %	19,92 %	24,44 %	18,89 %
Debt-to-Equity Ratio	0,33	0,13	0,18	0,12
Operating Profit Margin	4,75 %	4,63 %	5,96 %	5,07 %
Current Ratio	0,56	0,45	0,57	0,5
Quick Ratio	0,56	0,45	0,58	0,5
Equity Ratio	0,39	0,39	0,4	0,42
Gross Profit Margin	99,86 %	98,81 %	97,98 %	98,28 %