VERO BYGG DRIFT AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

32,52 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 356 000	13 228 000	11 766 000	3 018 000
Net Income	1 431 000	1 761 000	1 517 000	65 000
Total Assets	7 461 000	6 712 000	6 261 000	4 138 000
Total Equity	4 400 000	3 969 000	2 208 000	691 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 356 000	13 228 000	11 766 000	3 018 000
Expenditure	12 482 000	10 950 000	9 766 000	2 882 000
Operating Profit	1 873 000	2 277 000	2 001 000	137 000
Financial Income	3 000	3 000	0	0
Financial Costs	2 000	20 000	56 000	20 000
Financial Balance	1 000	−17 000	−56 000	−20 000
Earnings Before Tax	1 874 000	2 260 000	1 945 000	118 000
Tax	443 000	499 000	428 000	52 000
Net Income	1 431 000	1 761 000	1 517 000	65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 379 000	1 773 000	2 058 000	2 283 000
Total Current Assets	6 082 000	4 938 000	4 203 000	1 855 000
Total Assets	7 461 000	6 712 000	6 261 000	4 138 000
Total Retained Equity	3 900 000	3 469 000	1 708 000	191 000
Total Equity	4 400 000	3 969 000	2 208 000	691 000
Total Long-Term Debt	0	11 000	38 000	52 000
Total Current Debt	3 060 000	2 731 000	4 015 000	3 395 000
Total Equity and Debt	7 461 000	6 712 000	6 261 000	4 138 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 356 000	13 228 000	11 766 000	3 018 000
Other Income	0	0	0	0
Revenue	14 356 000	13 228 000	11 766 000	3 018 000
Cost of Goods Sold	6 136 000	4 664 000	3 898 000	1 138 000
Salary Costs	4 473 000	4 575 000	4 011 000	1 211 000
Depreciation	394 000	394 000	380 000	118 000
Impairment	0	0	0	0
Expenditure	12 482 000	10 950 000	9 766 000	2 882 000
Operating Profit	1 873 000	2 277 000	2 001 000	137 000
Financial Income	3 000	3 000	0	0
Financial Costs	2 000	20 000	56 000	20 000
Financial Balance	1 000	−17 000	−56 000	−20 000
Dividends	1 000 000	0	0	0
Net Income	1 431 000	1 761 000	1 517 000	65 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	500 000	800 000	1 100 000	1 400 000
Total Intangible Assets	500 000	800 000	1 100 000	1 400 000
Real Eastate	650 000	650 000	650 000	650 000
Machinery and Plant Facilities	176 000	221 000	157 000	31 000
Fixtures	53 000	102 000	135 000	168 000
Total Tangible Assets	879 000	973 000	941 000	850 000
Total Fiancial Fixed Assets	0	0	17 000	33 000
Total Fixed Assets	1 379 000	1 773 000	2 058 000	2 283 000
Stock	48 000	27 000	219 000	0
Total Investments	0	0	0	0
Cash, Bank	5 683 000	4 117 000	3 185 000	1 159 000
Total Current Assets	6 082 000	4 938 000	4 203 000	1 855 000
Total Assets	7 461 000	6 712 000	6 261 000	4 138 000
Total Equity	4 400 000	3 969 000	2 208 000	691 000
Short-Term Group Debt	0	783 000	2 264 000	2 335 000
Total Long-Term Debt	0	11 000	38 000	52 000
Creditors	459 000	291 000	452 000	514 000
Unpaid Taxes	659 000	645 000	504 000	401 000
Dividends	1 000 000	0	0	0
Other Current Debt	488 000	487 000	353 000	145 000
Total Current Debt	3 060 000	2 731 000	4 015 000	3 395 000
Total Equity and Debt	7 461 000	6 712 000	6 261 000	4 138 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,52 %	44,37 %	68,7 %	9,41 %
Debt-to-Equity Ratio	0	0	0,02	0,08
Operating Profit Margin	13,05 %	17,21 %	17,01 %	4,54 %
Current Ratio	1,99	1,81	1,05	0,55
Quick Ratio	2,02	1,83	1,11	0,55
Equity Ratio	0,59	0,59	0,35	0,17
Gross Profit Margin	57,26 %	64,74 %	66,87 %	62,29 %