VEITVET SPORTSBAR & PIZZA AS

0596 OSLO

Finances

Share Ownership

Return on Equity

30,38 %

Current Ratio

0,18

Debt-to-Equity Ratio

−0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 433 000	5 727 000	4 794 000	3 676 000
Net Income	−596 000	−504 000	313 000	−520 000
Total Assets	531 000	527 000	505 000	364 000
Total Equity	−1 962 000	−1 366 000	−863 000	−1 176 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 433 000	5 727 000	4 794 000	3 676 000
Expenditure	7 018 000	6 210 000	4 465 000	4 180 000
Operating Profit	−585 000	−484 000	328 000	−504 000
Financial Income	2 000	0	1 000	3 000
Financial Costs	13 000	20 000	16 000	19 000
Financial Balance	−11 000	−20 000	−15 000	−16 000
Earnings Before Tax	−596 000	−504 000	313 000	−520 000
Tax	0	0	0	0
Net Income	−596 000	−504 000	313 000	−520 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	184 000	202 000	226 000	256 000
Total Current Assets	346 000	325 000	279 000	109 000
Total Assets	531 000	527 000	505 000	364 000
Total Retained Equity	−1 992 000	−1 396 000	−893 000	−1 206 000
Total Equity	−1 962 000	−1 366 000	−863 000	−1 176 000
Total Long-Term Debt	592 000	446 000	526 000	603 000
Total Current Debt	1 901 000	1 447 000	841 000	937 000
Total Equity and Debt	531 000	527 000	505 000	364 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 433 000	5 552 000	4 673 000	3 676 000
Other Income	0	175 000	121 000	0
Revenue	6 433 000	5 727 000	4 794 000	3 676 000
Cost of Goods Sold	3 476 000	2 780 000	2 217 000	1 537 000
Salary Costs	1 990 000	2 089 000	1 108 000	1 410 000
Depreciation	7 000	39 000	39 000	27 000
Impairment	0	0	0	0
Expenditure	7 018 000	6 210 000	4 465 000	4 180 000
Operating Profit	−585 000	−484 000	328 000	−504 000
Financial Income	2 000	0	1 000	3 000
Financial Costs	13 000	20 000	16 000	19 000
Financial Balance	−11 000	−20 000	−15 000	−16 000
Dividends	0	0	0	0
Net Income	−596 000	−504 000	313 000	−520 000

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	0	0	0	0
Fixtures	0	17 000	42 000	72 000
Total Tangible Assets	0	17 000	42 000	72 000
Total Fiancial Fixed Assets	184 000	184 000	184 000	183 000
Total Fixed Assets	184 000	202 000	226 000	256 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	346 000	325 000	194 000	77 000
Total Current Assets	346 000	325 000	279 000	109 000
Total Assets	531 000	527 000	505 000	364 000
Total Equity	−1 962 000	−1 366 000	−863 000	−1 176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	592 000	446 000	526 000	603 000
Creditors	1 314 000	1 001 000	644 000	690 000
Unpaid Taxes	149 000	170 000	28 000	120 000
Dividends	0	0	0	0
Other Current Debt	439 000	277 000	170 000	126 000
Total Current Debt	1 901 000	1 447 000	841 000	937 000
Total Equity and Debt	531 000	527 000	505 000	364 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,38 %	36,9 %	−36,27 %	44,22 %
Debt-to-Equity Ratio	−0,3	−0,33	−0,61	−0,51
Operating Profit Margin	−9,09 %	−8,45 %	6,84 %	−13,71 %
Current Ratio	0,18	0,22	0,33	0,12
Quick Ratio	0,18	0,22	0,33	0,12
Equity Ratio	−3,69	−2,59	−1,71	−3,23
Gross Profit Margin	45,97 %	51,46 %	53,75 %	58,19 %