FARGEKLATTEN VEITA AS

8480 ANDENES

Finances

Share Ownership

Return on Equity

78,07 %

Current Ratio

2,71

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 256 000	779 000	611 000	1 072 000
Net Income	438 000	125 000	−47 000	18 000
Total Assets	957 000	508 000	442 000	464 000
Total Equity	561 000	123 000	−2 000	44 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 256 000	779 000	611 000	1 072 000
Expenditure	716 000	603 000	651 000	1 025 000
Operating Profit	540 000	176 000	−40 000	46 000
Financial Income	0	0	0	2 000
Financial Costs	8 000	12 000	18 000	24 000
Financial Balance	−8 000	−12 000	−18 000	−22 000
Earnings Before Tax	532 000	164 000	−58 000	24 000
Tax	94 000	39 000	−11 000	6 000
Net Income	438 000	125 000	−47 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 000	130 000	205 000	271 000
Total Current Assets	877 000	378 000	236 000	194 000
Total Assets	957 000	508 000	442 000	464 000
Total Retained Equity	531 000	93 000	−32 000	14 000
Total Equity	561 000	123 000	−2 000	44 000
Total Long-Term Debt	72 000	182 000	271 000	379 000
Total Current Debt	324 000	203 000	173 000	40 000
Total Equity and Debt	957 000	508 000	442 000	464 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 093 000	629 000	570 000	1 072 000
Other Income	163 000	150 000	41 000	0
Revenue	1 256 000	779 000	611 000	1 072 000
Cost of Goods Sold	−122 000	10 000	13 000	95 000
Salary Costs	116 000	38 000	45 000	250 000
Depreciation	94 000	65 000	65 000	55 000
Impairment	0	0	0	0
Expenditure	716 000	603 000	651 000	1 025 000
Operating Profit	540 000	176 000	−40 000	46 000
Financial Income	0	0	0	2 000
Financial Costs	8 000	12 000	18 000	24 000
Financial Balance	−8 000	−12 000	−18 000	−22 000
Dividends	0	0	0	0
Net Income	438 000	125 000	−47 000	18 000

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	81 000	130 000	205 000	271 000
Total Tangible Assets	81 000	130 000	205 000	271 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	81 000	130 000	205 000	271 000
Stock	341 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	503 000	379 000	216 000	205 000
Total Current Assets	877 000	378 000	236 000	194 000
Total Assets	957 000	508 000	442 000	464 000
Total Equity	561 000	123 000	−2 000	44 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	72 000	182 000	271 000	379 000
Creditors	−15 000	1 000	25 000	−1 000
Unpaid Taxes	24 000	−11 000	−11 000	14 000
Dividends	0	0	0	0
Other Current Debt	212 000	192 000	159 000	27 000
Total Current Debt	324 000	203 000	173 000	40 000
Total Equity and Debt	957 000	508 000	442 000	464 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,07 %	101,63 %	2 350 %	40,91 %
Debt-to-Equity Ratio	0,13	1,48	−135,5	8,61
Operating Profit Margin	42,99 %	22,59 %	−6,55 %	4,29 %
Current Ratio	2,71	1,86	1,36	4,85
Quick Ratio	−51,59	1,86	1,36	4,85
Equity Ratio	0,59	0,24	−0	0,09
Gross Profit Margin	109,71 %	98,72 %	97,87 %	91,14 %