VEDDEVEGEN EIENDOM AS

6030 LANGEVÅG

Finances

Share Ownership

Return on Equity

6,67 %

Current Ratio

0,45

Debt-to-Equity Ratio

3,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	501 000	618 000	420 000	420 000
Net Income	60 000	224 000	66 000	96 000
Total Assets	4 094 000	4 093 000	2 845 000	2 844 000
Total Equity	899 000	839 000	616 000	549 000

Income (NOK)	2022	2021	2020	2019
Revenue	501 000	618 000	420 000	420 000
Expenditure	242 000	187 000	231 000	188 000
Operating Profit	259 000	431 000	189 000	232 000
Financial Income	0	0	0	0
Financial Costs	169 000	94 000	104 000	109 000
Financial Balance	−169 000	−94 000	−104 000	−109 000
Earnings Before Tax	89 000	337 000	85 000	123 000
Tax	29 000	113 000	19 000	27 000
Net Income	60 000	224 000	66 000	96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 917 000	3 797 000	2 593 000	2 696 000
Total Current Assets	177 000	296 000	252 000	147 000
Total Assets	4 094 000	4 093 000	2 845 000	2 844 000
Total Retained Equity	869 000	809 000	266 000	200 000
Total Equity	899 000	839 000	616 000	549 000
Total Long-Term Debt	2 803 000	3 087 000	2 052 000	2 232 000
Total Current Debt	392 000	166 000	178 000	62 000
Total Equity and Debt	4 094 000	4 093 000	2 845 000	2 844 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 000	198 000	420 000	420 000
Other Income	468 000	420 000	0	0
Revenue	501 000	618 000	420 000	420 000
Cost of Goods Sold	0	3 000	0	0
Salary Costs	0	0	0	0
Depreciation	163 000	118 000	116 000	116 000
Impairment	0	0	0	0
Expenditure	242 000	187 000	231 000	188 000
Operating Profit	259 000	431 000	189 000	232 000
Financial Income	0	0	0	0
Financial Costs	169 000	94 000	104 000	109 000
Financial Balance	−169 000	−94 000	−104 000	−109 000
Dividends	0	0	0	0
Net Income	60 000	224 000	66 000	96 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	25 000	12 000
Real Eastate	3 917 000	3 797 000	2 568 000	2 684 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 917 000	3 797 000	2 568 000	2 684 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 917 000	3 797 000	2 593 000	2 696 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	75 000	223 000	248 000	53 000
Total Current Assets	177 000	296 000	252 000	147 000
Total Assets	4 094 000	4 093 000	2 845 000	2 844 000
Total Equity	899 000	839 000	616 000	549 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 803 000	3 087 000	2 052 000	2 232 000
Creditors	362 000	74 000	53 000	7 000
Unpaid Taxes	0	4 000	88 000	15 000
Dividends	0	0	0	0
Other Current Debt	0	0	5 000	0
Total Current Debt	392 000	166 000	178 000	62 000
Total Equity and Debt	4 094 000	4 093 000	2 845 000	2 844 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,67 %	26,7 %	10,71 %	17,49 %
Debt-to-Equity Ratio	3,12	3,68	3,33	4,07
Operating Profit Margin	51,7 %	69,74 %	45 %	55,24 %
Current Ratio	0,45	1,78	1,42	2,37
Quick Ratio	0,45	1,78	1,42	2,37
Equity Ratio	0,22	0,2	0,22	0,19
Gross Profit Margin	100 %	99,51 %	100 %	100 %