VEVNAD AS

5410 SAGVÅG

Finances

Share Ownership

Return on Equity

50,33 %

Current Ratio

2,48

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 529 000	1 008 000	667 000	396 000
Net Income	152 000	74 000	16 000	31 000
Total Assets	815 000	448 000	348 000	147 000
Total Equity	302 000	151 000	77 000	61 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 529 000	1 008 000	667 000	396 000
Expenditure	766 000	914 000	641 000	356 000
Operating Profit	204 000	94 000	26 000	40 000
Financial Income	2 000	10 000	0	0
Financial Costs	11 000	9 000	6 000	0
Financial Balance	−9 000	1 000	−6 000	0
Earnings Before Tax	195 000	95 000	21 000	40 000
Tax	43 000	21 000	5 000	9 000
Net Income	152 000	74 000	16 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	14 000	105 000	0
Total Current Assets	809 000	434 000	244 000	147 000
Total Assets	815 000	448 000	348 000	147 000
Total Retained Equity	272 000	121 000	47 000	31 000
Total Equity	302 000	151 000	77 000	61 000
Total Long-Term Debt	187 000	128 000	96 000	0
Total Current Debt	326 000	169 000	176 000	86 000
Total Equity and Debt	815 000	448 000	348 000	147 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 526 000	1 009 000	667 000	396 000
Other Income	3 000	0	0	0
Revenue	1 529 000	1 008 000	667 000	396 000
Cost of Goods Sold	111 000	334 000	115 000	10 000
Salary Costs	181 000	283 000	369 000	277 000
Depreciation	7 000	7 000	5 000	0
Impairment	0	0	0	0
Expenditure	766 000	914 000	641 000	356 000
Operating Profit	204 000	94 000	26 000	40 000
Financial Income	2 000	10 000	0	0
Financial Costs	11 000	9 000	6 000	0
Financial Balance	−9 000	1 000	−6 000	0
Dividends	0	0	0	0
Net Income	152 000	74 000	16 000	31 000

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	7 000	14 000	105 000	0
Total Tangible Assets	7 000	14 000	105 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 000	14 000	105 000	0
Stock	668 000	360 000	129 000	0
Total Investments	0	0	0	0
Cash, Bank	61 000	35 000	73 000	95 000
Total Current Assets	809 000	434 000	244 000	147 000
Total Assets	815 000	448 000	348 000	147 000
Total Equity	302 000	151 000	77 000	61 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	187 000	128 000	96 000	0
Creditors	132 000	45 000	75 000	7 000
Unpaid Taxes	42 000	42 000	42 000	43 000
Dividends	0	0	0	0
Other Current Debt	110 000	56 000	58 000	27 000
Total Current Debt	326 000	169 000	176 000	86 000
Total Equity and Debt	815 000	448 000	348 000	147 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,33 %	49,01 %	20,78 %	50,82 %
Debt-to-Equity Ratio	0,62	0,85	1,25	0
Operating Profit Margin	13,34 %	9,33 %	3,9 %	10,1 %
Current Ratio	2,48	2,57	1,39	1,71
Quick Ratio	−2,37	−2,27	5,19	1,71
Equity Ratio	0,37	0,34	0,22	0,41
Gross Profit Margin	92,74 %	66,87 %	82,76 %	97,47 %