VEILYS AS

5058 BERGEN

Finances

Share Ownership

Return on Equity

−158,83 %

Current Ratio

0,46

Debt-to-Equity Ratio

0,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 220 000	44 906 000	43 954 000	52 541 000
Net Income	−16 096 000	−8 315 000	−5 242 000	−5 051 000
Total Assets	94 191 000	74 355 000	65 098 000	64 521 000
Total Equity	10 134 000	5 609 000	6 020 000	6 506 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 220 000	44 906 000	43 954 000	52 541 000
Expenditure	65 134 000	54 941 000	49 934 000	57 916 000
Operating Profit	−18 914 000	−10 035 000	−5 979 000	−5 375 000
Financial Income	0	0	0	0
Financial Costs	1 722 000	626 000	741 000	1 100 000
Financial Balance	−1 722 000	−626 000	−741 000	−1 100 000
Earnings Before Tax	−20 635 000	−10 660 000	−6 721 000	−6 475 000
Tax	−4 540 000	−2 345 000	−1 479 000	−1 425 000
Net Income	−16 096 000	−8 315 000	−5 242 000	−5 051 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	59 910 000	57 422 000	53 685 000	49 849 000
Total Current Assets	34 281 000	16 933 000	11 414 000	14 672 000
Total Assets	94 191 000	74 355 000	65 098 000	64 521 000
Total Retained Equity	0	0	0	0
Total Equity	10 134 000	5 609 000	6 020 000	6 506 000
Total Long-Term Debt	10 000 000	10 000 000	10 000 000	10 000 000
Total Current Debt	74 056 000	58 746 000	49 078 000	48 015 000
Total Equity and Debt	94 191 000	74 355 000	65 098 000	64 521 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	46 220 000	44 906 000	43 954 000	52 541 000
Revenue	46 220 000	44 906 000	43 954 000	52 541 000
Cost of Goods Sold	55 334 000	50 510 000	45 716 000	51 448 000
Salary Costs	0	0	0	0
Depreciation	3 792 000	3 581 000	3 472 000	4 595 000
Impairment	0	0	0	0
Expenditure	65 134 000	54 941 000	49 934 000	57 916 000
Operating Profit	−18 914 000	−10 035 000	−5 979 000	−5 375 000
Financial Income	0	0	0	0
Financial Costs	1 722 000	626 000	741 000	1 100 000
Financial Balance	−1 722 000	−626 000	−741 000	−1 100 000
Dividends	0	0	0	0
Net Income	−16 096 000	−8 315 000	−5 242 000	−5 051 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 216 000	1 082 000	967 000	830 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	58 693 000	56 340 000	52 718 000	49 019 000
Fixtures	0	0	0	0
Total Tangible Assets	58 693 000	56 340 000	52 718 000	49 019 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	59 910 000	57 422 000	53 685 000	49 849 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	34 281 000	16 933 000	11 414 000	14 672 000
Total Assets	94 191 000	74 355 000	65 098 000	64 521 000
Total Equity	10 134 000	5 609 000	6 020 000	6 506 000
Short-Term Group Debt	73 253 000	58 675 000	49 047 000	47 994 000
Total Long-Term Debt	10 000 000	10 000 000	10 000 000	10 000 000
Creditors	630 000	2 000	23 000	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	174 000	69 000	9 000	12 000
Total Current Debt	74 056 000	58 746 000	49 078 000	48 015 000
Total Equity and Debt	94 191 000	74 355 000	65 098 000	64 521 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−158,83 %	−148,24 %	−87,08 %	−77,64 %
Debt-to-Equity Ratio	0,99	1,78	1,66	1,54
Operating Profit Margin	−40,92 %	−22,35 %	−13,6 %	−10,23 %
Current Ratio	0,46	0,29	0,23	0,31
Quick Ratio	0,46	0,29	0,23	0,31
Equity Ratio	0,11	0,08	0,09	0,1
Gross Profit Margin	−19,72 %	−12,48 %	−4,01 %	2,08 %