VETERANGARASJEN AS

5514 HAUGESUND

Finances

Share Ownership

Return on Equity

1 750 %

Current Ratio

0,91

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 061 000	2 035 000	596 000	3 003 000
Net Income	−350 000	218 000	−188 000	−498 000
Total Assets	491 000	1 071 000	433 000	922 000
Total Equity	−20 000	90 000	−394 000	−207 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 061 000	2 035 000	596 000	3 003 000
Expenditure	1 401 000	1 792 000	762 000	3 480 000
Operating Profit	−340 000	242 000	−167 000	−478 000
Financial Income	0	0	0	1 000
Financial Costs	11 000	24 000	21 000	21 000
Financial Balance	−11 000	−24 000	−21 000	−20 000
Earnings Before Tax	−350 000	218 000	−188 000	−498 000
Tax	0	0	0	0
Net Income	−350 000	218 000	−188 000	−498 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	32 000	0	0
Total Current Assets	465 000	1 039 000	433 000	922 000
Total Assets	491 000	1 071 000	433 000	922 000
Total Retained Equity	−320 000	−210 000	−694 000	−507 000
Total Equity	−20 000	90 000	−394 000	−207 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	511 000	981 000	827 000	1 129 000
Total Equity and Debt	491 000	1 071 000	433 000	922 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 061 000	2 035 000	596 000	3 003 000
Other Income	0	0	0	0
Revenue	1 061 000	2 035 000	596 000	3 003 000
Cost of Goods Sold	1 028 000	1 480 000	555 000	3 217 000
Salary Costs	0	43 000	0	0
Depreciation	7 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	1 401 000	1 792 000	762 000	3 480 000
Operating Profit	−340 000	242 000	−167 000	−478 000
Financial Income	0	0	0	1 000
Financial Costs	11 000	24 000	21 000	21 000
Financial Balance	−11 000	−24 000	−21 000	−20 000
Dividends	0	0	0	0
Net Income	−350 000	218 000	−188 000	−498 000

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	32 000	0	0
Fixtures	25 000	0	0	0
Total Tangible Assets	25 000	32 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 000	32 000	0	0
Stock	410 000	996 000	210 000	556 000
Total Investments	0	0	0	0
Cash, Bank	30 000	12 000	0	131 000
Total Current Assets	465 000	1 039 000	433 000	922 000
Total Assets	491 000	1 071 000	433 000	922 000
Total Equity	−20 000	90 000	−394 000	−207 000
Short-Term Group Debt	0	62 000	328 000	345 000
Total Long-Term Debt	0	0	0	0
Creditors	300 000	332 000	196 000	239 000
Unpaid Taxes	191 000	234 000	101 000	377 000
Dividends	0	0	0	0
Other Current Debt	20 000	299 000	1 000	168 000
Total Current Debt	511 000	981 000	827 000	1 129 000
Total Equity and Debt	491 000	1 071 000	433 000	922 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 750 %	242,22 %	47,72 %	240,58 %
Debt-to-Equity Ratio	−0	0	−0	−0
Operating Profit Margin	−32,05 %	11,89 %	−28,02 %	−15,92 %
Current Ratio	0,91	1,06	0,52	0,82
Quick Ratio	4,6	−69,27	0,7	1,61
Equity Ratio	−0,04	0,08	−0,91	−0,22
Gross Profit Margin	3,11 %	27,27 %	6,88 %	−7,13 %