VEA TRADING AS

4276 VEAVÅGEN

Finances

Share Ownership

Return on Equity

475,71 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 966 000	1 558 000	1 028 000	298 000
Net Income	333 000	249 000	30 000	−4 000
Total Assets	592 000	667 000	236 000	127 000
Total Equity	70 000	37 000	48 000	18 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 966 000	1 558 000	1 028 000	298 000
Expenditure	2 547 000	1 227 000	983 000	299 000
Operating Profit	417 000	330 000	45 000	0
Financial Income	12 000	6 000	2 000	0
Financial Costs	3 000	17 000	6 000	7 000
Financial Balance	9 000	−11 000	−4 000	−7 000
Earnings Before Tax	427 000	320 000	41 000	−7 000
Tax	94 000	71 000	10 000	−3 000
Net Income	333 000	249 000	30 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	39 000	28 000	39 000
Total Current Assets	567 000	627 000	208 000	88 000
Total Assets	592 000	667 000	236 000	127 000
Total Retained Equity	48 000	15 000	27 000	−4 000
Total Equity	70 000	37 000	48 000	18 000
Total Long-Term Debt	0	1 000	1 000	0
Total Current Debt	522 000	629 000	187 000	110 000
Total Equity and Debt	592 000	667 000	236 000	127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 966 000	1 558 000	1 028 000	298 000
Other Income	0	0	0	0
Revenue	2 966 000	1 558 000	1 028 000	298 000
Cost of Goods Sold	1 945 000	1 069 000	827 000	252 000
Salary Costs	397 000	1 000	1 000	0
Depreciation	14 000	9 000	8 000	4 000
Impairment	0	0	0	0
Expenditure	2 547 000	1 227 000	983 000	299 000
Operating Profit	417 000	330 000	45 000	0
Financial Income	12 000	6 000	2 000	0
Financial Costs	3 000	17 000	6 000	7 000
Financial Balance	9 000	−11 000	−4 000	−7 000
Dividends	300 000	260 000	0	0
Net Income	333 000	249 000	30 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	13 000	19 000	0	0
Fixtures	12 000	20 000	28 000	36 000
Total Tangible Assets	25 000	39 000	28 000	36 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 000	39 000	28 000	39 000
Stock	179 000	125 000	38 000	58 000
Total Investments	0	0	0	0
Cash, Bank	367 000	446 000	151 000	5 000
Total Current Assets	567 000	627 000	208 000	88 000
Total Assets	592 000	667 000	236 000	127 000
Total Equity	70 000	37 000	48 000	18 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	1 000	0
Creditors	40 000	230 000	141 000	−1 000
Unpaid Taxes	48 000	67 000	39 000	6 000
Dividends	300 000	260 000	0	0
Other Current Debt	39 000	0	2 000	94 000
Total Current Debt	522 000	629 000	187 000	110 000
Total Equity and Debt	592 000	667 000	236 000	127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	475,71 %	672,97 %	62,5 %	−22,22 %
Debt-to-Equity Ratio	0	0,03	0,02	0
Operating Profit Margin	14,06 %	21,18 %	4,38 %	0 %
Current Ratio	1,09	1	1,11	0,8
Quick Ratio	1,65	1,24	1,4	1,69
Equity Ratio	0,12	0,06	0,2	0,14
Gross Profit Margin	34,42 %	31,39 %	19,55 %	15,44 %