VEIERLAND BAKERI AS

3144 VEIERLAND

Finances

Share Ownership

Return on Equity

−237,5 %

Current Ratio

1,01

Debt-to-Equity Ratio

1,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	436 000	586 000	813 000
Net Income	−19 000	−5 000	5 000	1 000
Total Assets	278 000	232 000	294 000	192 000
Total Equity	8 000	27 000	32 000	27 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	436 000	586 000	813 000
Expenditure	19 000	441 000	579 000	811 000
Operating Profit	−19 000	−5 000	6 000	4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Earnings Before Tax	−19 000	−5 000	6 000	2 000
Tax	0	0	1 000	0
Net Income	−19 000	−5 000	5 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	10 000	19 000	39 000
Total Current Assets	257 000	222 000	274 000	153 000
Total Assets	278 000	232 000	294 000	192 000
Total Retained Equity	−28 000	−3 000	2 000	−3 000
Total Equity	8 000	27 000	32 000	27 000
Total Long-Term Debt	15 000	0	0	0
Total Current Debt	254 000	205 000	262 000	166 000
Total Equity and Debt	278 000	232 000	294 000	192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	436 000	586 000	813 000
Other Income	0	0	0	0
Revenue	0	436 000	586 000	813 000
Cost of Goods Sold	8 000	138 000	168 000	315 000
Salary Costs	1 000	93 000	37 000	204 000
Depreciation	4 000	9 000	20 000	19 000
Impairment	0	0	0	0
Expenditure	19 000	441 000	579 000	811 000
Operating Profit	−19 000	−5 000	6 000	4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Dividends	0	0	0	0
Net Income	−19 000	−5 000	5 000	1 000

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	6 000	10 000	19 000	39 000
Total Tangible Assets	6 000	10 000	19 000	39 000
Total Fiancial Fixed Assets	15 000	0	0	0
Total Fixed Assets	21 000	10 000	19 000	39 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	140 000	123 000	175 000	139 000
Total Current Assets	257 000	222 000	274 000	153 000
Total Assets	278 000	232 000	294 000	192 000
Total Equity	8 000	27 000	32 000	27 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 000	0	0	0
Creditors	167 000	166 000	218 000	104 000
Unpaid Taxes	1 000	−9 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	67 000	45 000	41 000	59 000
Total Current Debt	254 000	205 000	262 000	166 000
Total Equity and Debt	278 000	232 000	294 000	192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−237,5 %	−18,52 %	15,63 %	3,7 %
Debt-to-Equity Ratio	1,88	0	0	0
Operating Profit Margin	-	−1,15 %	1,02 %	0,49 %
Current Ratio	1,01	1,08	1,05	0,92
Quick Ratio	1,01	1,08	1,05	0,92
Equity Ratio	0,03	0,12	0,11	0,14
Gross Profit Margin	-	68,35 %	71,33 %	61,25 %