VETS AS

0253 OSLO

Finances

Share Ownership

Return on Equity

51,38 %

Current Ratio

0,02

Debt-to-Equity Ratio

−4,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	144 000	92 000	22 000	163 000
Net Income	−687 000	−597 000	−22 000	40 000
Total Assets	4 852 000	3 924 000	887 000	44 000
Total Equity	−1 337 000	−649 000	−53 000	−30 000

Income (NOK)	2022	2021	2020	2019
Revenue	144 000	92 000	22 000	163 000
Expenditure	642 000	593 000	51 000	122 000
Operating Profit	−497 000	−501 000	−28 000	40 000
Financial Income	9 000	23 000	6 000	0
Financial Costs	199 000	120 000	0	0
Financial Balance	−190 000	−97 000	6 000	0
Earnings Before Tax	−687 000	−597 000	−22 000	40 000
Tax	0	0	0	0
Net Income	−687 000	−597 000	−22 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 847 000	3 796 000	882 000	33 000
Total Current Assets	5 000	128 000	5 000	12 000
Total Assets	4 852 000	3 924 000	887 000	44 000
Total Retained Equity	−1 367 000	−679 000	−83 000	−60 000
Total Equity	−1 337 000	−649 000	−53 000	−30 000
Total Long-Term Debt	5 895 000	4 659 000	857 000	0
Total Current Debt	294 000	−85 000	83 000	75 000
Total Equity and Debt	4 852 000	3 924 000	887 000	44 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	144 000	92 000	22 000	163 000
Other Income	0	0	0	0
Revenue	144 000	92 000	22 000	163 000
Cost of Goods Sold	0	192 000	0	0
Salary Costs	0	0	0	0
Depreciation	432 000	8 000	8 000	7 000
Impairment	0	0	0	0
Expenditure	642 000	593 000	51 000	122 000
Operating Profit	−497 000	−501 000	−28 000	40 000
Financial Income	9 000	23 000	6 000	0
Financial Costs	199 000	120 000	0	0
Financial Balance	−190 000	−97 000	6 000	0
Dividends	0	0	0	0
Net Income	−687 000	−597 000	−22 000	40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 813 000	3 754 000	858 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	17 000	25 000	33 000
Total Tangible Assets	9 000	17 000	25 000	33 000
Total Fiancial Fixed Assets	25 000	25 000	0	0
Total Fixed Assets	4 847 000	3 796 000	882 000	33 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	123 000	5 000	12 000
Total Current Assets	5 000	128 000	5 000	12 000
Total Assets	4 852 000	3 924 000	887 000	44 000
Total Equity	−1 337 000	−649 000	−53 000	−30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 895 000	4 659 000	857 000	0
Creditors	101 000	−1 000	1 000	−1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	193 000	−84 000	83 000	76 000
Total Current Debt	294 000	−85 000	83 000	75 000
Total Equity and Debt	4 852 000	3 924 000	887 000	44 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,38 %	91,99 %	41,51 %	−133,33 %
Debt-to-Equity Ratio	−4,41	−7,18	−16,17	−0
Operating Profit Margin	−345,14 %	−544,57 %	−127,27 %	24,54 %
Current Ratio	0,02	−1,51	0,06	0,16
Quick Ratio	0,02	−1,51	0,06	0,16
Equity Ratio	−0,28	−0,17	−0,06	−0,68
Gross Profit Margin	100 %	−108,7 %	100 %	100 %