VERONA ULSTEINVIK AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

13,12 %

Current Ratio

5,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 542 000	3 191 000	3 399 000	3 482 000
Net Income	239 000	305 000	500 000	604 000
Total Assets	2 181 000	1 968 000	1 746 000	1 416 000
Total Equity	1 821 000	1 582 000	1 278 000	777 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 542 000	3 191 000	3 399 000	3 482 000
Expenditure	3 239 000	2 800 000	2 757 000	2 707 000
Operating Profit	302 000	392 000	643 000	775 000
Financial Income	2 000	0	1 000	0
Financial Costs	0	0	2 000	0
Financial Balance	2 000	0	−1 000	0
Earnings Before Tax	304 000	393 000	641 000	775 000
Tax	65 000	88 000	141 000	170 000
Net Income	239 000	305 000	500 000	604 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	91 000	120 000	136 000	185 000
Total Current Assets	2 090 000	1 847 000	1 610 000	1 231 000
Total Assets	2 181 000	1 968 000	1 746 000	1 416 000
Total Retained Equity	1 799 000	1 561 000	1 256 000	756 000
Total Equity	1 821 000	1 582 000	1 278 000	777 000
Total Long-Term Debt	0	0	2 000	5 000
Total Current Debt	360 000	386 000	467 000	634 000
Total Equity and Debt	2 181 000	1 968 000	1 746 000	1 416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 531 000	3 131 000	3 392 000	3 466 000
Other Income	11 000	60 000	7 000	16 000
Revenue	3 542 000	3 191 000	3 399 000	3 482 000
Cost of Goods Sold	1 388 000	1 074 000	1 174 000	1 195 000
Salary Costs	1 278 000	1 185 000	1 092 000	996 000
Depreciation	57 000	50 000	49 000	47 000
Impairment	0	0	0	0
Expenditure	3 239 000	2 800 000	2 757 000	2 707 000
Operating Profit	302 000	392 000	643 000	775 000
Financial Income	2 000	0	1 000	0
Financial Costs	0	0	2 000	0
Financial Balance	2 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	239 000	305 000	500 000	604 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	84 000	120 000	136 000	185 000
Total Tangible Assets	84 000	120 000	136 000	185 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	91 000	120 000	136 000	185 000
Stock	61 000	126 000	47 000	17 000
Total Investments	0	0	0	0
Cash, Bank	1 992 000	1 604 000	1 501 000	1 147 000
Total Current Assets	2 090 000	1 847 000	1 610 000	1 231 000
Total Assets	2 181 000	1 968 000	1 746 000	1 416 000
Total Equity	1 821 000	1 582 000	1 278 000	777 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 000	5 000
Creditors	57 000	54 000	94 000	101 000
Unpaid Taxes	119 000	145 000	140 000	101 000
Dividends	0	0	0	0
Other Current Debt	112 000	97 000	89 000	260 000
Total Current Debt	360 000	386 000	467 000	634 000
Total Equity and Debt	2 181 000	1 968 000	1 746 000	1 416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,12 %	19,28 %	39,12 %	77,73 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	8,53 %	12,28 %	18,92 %	22,26 %
Current Ratio	5,81	4,78	3,45	1,94
Quick Ratio	6,99	7,1	3,83	2
Equity Ratio	0,83	0,8	0,73	0,55
Gross Profit Margin	60,81 %	66,34 %	65,46 %	65,68 %