VEIBAS AS

6908 FLORØ

Finances

Share Ownership

Return on Equity

5,86 %

Current Ratio

0,94

Debt-to-Equity Ratio

1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 548 000	1 149 000	1 598 000	2 158 000
Net Income	63 000	120 000	127 000	153 000
Total Assets	3 694 000	3 774 000	3 958 000	3 787 000
Total Equity	1 075 000	1 012 000	892 000	765 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 548 000	1 149 000	1 598 000	2 158 000
Expenditure	1 414 000	922 000	1 350 000	1 862 000
Operating Profit	135 000	226 000	247 000	296 000
Financial Income	12 000	0	0	0
Financial Costs	66 000	73 000	84 000	100 000
Financial Balance	−54 000	−73 000	−84 000	−100 000
Earnings Before Tax	81 000	153 000	163 000	196 000
Tax	18 000	34 000	36 000	43 000
Net Income	63 000	120 000	127 000	153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 650 000	2 937 000	3 191 000	3 447 000
Total Current Assets	1 044 000	837 000	768 000	339 000
Total Assets	3 694 000	3 774 000	3 958 000	3 787 000
Total Retained Equity	356 000	293 000	174 000	46 000
Total Equity	1 075 000	1 012 000	892 000	765 000
Total Long-Term Debt	1 509 000	1 671 000	1 817 000	1 916 000
Total Current Debt	1 111 000	1 092 000	1 249 000	1 106 000
Total Equity and Debt	3 694 000	3 774 000	3 958 000	3 787 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 548 000	1 141 000	1 593 000	2 158 000
Other Income	0	7 000	5 000	0
Revenue	1 548 000	1 149 000	1 598 000	2 158 000
Cost of Goods Sold	6 000	8 000	13 000	110 000
Salary Costs	642 000	259 000	231 000	435 000
Depreciation	287 000	272 000	272 000	269 000
Impairment	0	8 000	5 000	0
Expenditure	1 414 000	922 000	1 350 000	1 862 000
Operating Profit	135 000	226 000	247 000	296 000
Financial Income	12 000	0	0	0
Financial Costs	66 000	73 000	84 000	100 000
Financial Balance	−54 000	−73 000	−84 000	−100 000
Dividends	0	0	0	0
Net Income	63 000	120 000	127 000	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	39 000	80 000	86 000	97 000
Fixtures	0	0	0	0
Total Tangible Assets	2 650 000	2 937 000	3 191 000	3 447 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 650 000	2 937 000	3 191 000	3 447 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	921 000	701 000	745 000	339 000
Total Current Assets	1 044 000	837 000	768 000	339 000
Total Assets	3 694 000	3 774 000	3 958 000	3 787 000
Total Equity	1 075 000	1 012 000	892 000	765 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 509 000	1 671 000	1 817 000	1 916 000
Creditors	48 000	5 000	105 000	74 000
Unpaid Taxes	58 000	69 000	131 000	28 000
Dividends	0	0	0	0
Other Current Debt	1 005 000	1 018 000	1 014 000	1 004 000
Total Current Debt	1 111 000	1 092 000	1 249 000	1 106 000
Total Equity and Debt	3 694 000	3 774 000	3 958 000	3 787 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,86 %	11,86 %	14,24 %	20 %
Debt-to-Equity Ratio	1,4	1,65	2,04	2,5
Operating Profit Margin	8,72 %	19,67 %	15,46 %	13,72 %
Current Ratio	0,94	0,77	0,61	0,31
Quick Ratio	0,94	0,77	0,61	0,31
Equity Ratio	0,29	0,27	0,23	0,2
Gross Profit Margin	99,61 %	99,3 %	99,19 %	94,9 %