VETING BIL AS

3850 KVITESEID

Finances

Share Ownership

Return on Equity

22,22 %

Current Ratio

2,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 275 000	557 000	1 428 000	589 000
Net Income	68 000	47 000	104 000	63 000
Total Assets	610 000	543 000	502 000	327 000
Total Equity	306 000	238 000	191 000	87 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 275 000	557 000	1 428 000	589 000
Expenditure	1 189 000	498 000	1 295 000	511 000
Operating Profit	87 000	59 000	132 000	79 000
Financial Income	1 000	2 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	1 000	2 000	1 000	0
Earnings Before Tax	88 000	61 000	133 000	79 000
Tax	19 000	13 000	29 000	16 000
Net Income	68 000	47 000	104 000	63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	610 000	543 000	502 000	327 000
Total Assets	610 000	543 000	502 000	327 000
Total Retained Equity	282 000	214 000	166 000	63 000
Total Equity	306 000	238 000	191 000	87 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	304 000	306 000	311 000	240 000
Total Equity and Debt	610 000	543 000	502 000	327 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 275 000	557 000	1 428 000	589 000
Other Income	0	0	0	0
Revenue	1 275 000	557 000	1 428 000	589 000
Cost of Goods Sold	1 118 000	454 000	1 242 000	494 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 189 000	498 000	1 295 000	511 000
Operating Profit	87 000	59 000	132 000	79 000
Financial Income	1 000	2 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	1 000	2 000	1 000	0
Dividends	0	0	0	0
Net Income	68 000	47 000	104 000	63 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	258 000	172 000	54 000	289 000
Total Investments	0	0	0	0
Cash, Bank	352 000	371 000	447 000	39 000
Total Current Assets	610 000	543 000	502 000	327 000
Total Assets	610 000	543 000	502 000	327 000
Total Equity	306 000	238 000	191 000	87 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	6 000	23 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	285 000	286 000	258 000	224 000
Total Current Debt	304 000	306 000	311 000	240 000
Total Equity and Debt	610 000	543 000	502 000	327 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,22 %	19,75 %	54,45 %	72,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,82 %	10,59 %	9,24 %	13,41 %
Current Ratio	2,01	1,77	1,61	1,36
Quick Ratio	13,26	4,05	1,95	−6,67
Equity Ratio	0,5	0,44	0,38	0,27
Gross Profit Margin	12,31 %	18,49 %	13,03 %	16,13 %