VEISTAD MASKIN AS

7520 HEGRA

Finances

Share Ownership

Return on Equity

38,43 %

Current Ratio

2,6

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	5 290 000	2 549 000	574 000
Net Income	332 000	403 000	107 000
Total Assets	1 401 000	937 000	613 000
Total Equity	864 000	531 000	128 000

Income (NOK)	2022	2021	2020
Revenue	5 290 000	2 549 000	574 000
Expenditure	4 873 000	2 032 000	438 000
Operating Profit	418 000	517 000	136 000
Financial Income	10 000	0	0
Financial Costs	1 000	0	1 000
Financial Balance	9 000	0	−1 000
Earnings Before Tax	426 000	517 000	135 000
Tax	94 000	114 000	28 000
Net Income	332 000	403 000	107 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	29 000	86 000	109 000
Total Current Assets	1 372 000	851 000	504 000
Total Assets	1 401 000	937 000	613 000
Total Retained Equity	843 000	511 000	107 000
Total Equity	864 000	531 000	128 000
Total Long-Term Debt	11 000	7 000	7 000
Total Current Debt	527 000	398 000	478 000
Total Equity and Debt	1 401 000	937 000	613 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 192 000	2 535 000	569 000
Other Income	98 000	14 000	5 000
Revenue	5 290 000	2 549 000	574 000
Cost of Goods Sold	4 422 000	1 950 000	400 000
Salary Costs	0	0	0
Depreciation	10 000	23 000	6 000
Impairment	0	0	0
Expenditure	4 873 000	2 032 000	438 000
Operating Profit	418 000	517 000	136 000
Financial Income	10 000	0	0
Financial Costs	1 000	0	1 000
Financial Balance	9 000	0	−1 000
Dividends	0	0	0
Net Income	332 000	403 000	107 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	29 000	86 000	109 000
Total Tangible Assets	29 000	86 000	109 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	29 000	86 000	109 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	343 000	215 000	25 000
Total Current Assets	1 372 000	851 000	504 000
Total Assets	1 401 000	937 000	613 000
Total Equity	864 000	531 000	128 000
Short-Term Group Debt	0	0	50 000
Total Long-Term Debt	11 000	7 000	7 000
Creditors	482 000	252 000	380 000
Unpaid Taxes	−46 000	33 000	28 000
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	527 000	398 000	478 000
Total Equity and Debt	1 401 000	937 000	613 000

Financial indicators	2022	2021	2020
Return on Equity	38,43 %	75,89 %	83,59 %
Debt-to-Equity Ratio	0,01	0,01	0,05
Operating Profit Margin	7,9 %	20,28 %	23,69 %
Current Ratio	2,6	2,14	1,05
Quick Ratio	2,6	2,14	1,05
Equity Ratio	0,62	0,57	0,21
Gross Profit Margin	16,41 %	23,5 %	30,31 %