VEA ØST EIENDOM AS

4276 VEAVÅGEN

Finances

Share Ownership

Return on Equity

37,59 %

Current Ratio

1,39

Debt-to-Equity Ratio

3,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 352 000	2 238 000	2 225 000	2 186 000
Net Income	854 000	783 000	615 000	480 000
Total Assets	10 139 000	10 572 000	11 472 000	12 018 000
Total Equity	2 272 000	1 418 000	1 235 000	920 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 352 000	2 238 000	2 225 000	2 186 000
Expenditure	936 000	1 011 000	1 112 000	1 110 000
Operating Profit	1 416 000	1 226 000	1 113 000	1 075 000
Financial Income	3 000	1 000	1 000	1 000
Financial Costs	315 000	223 000	296 000	418 000
Financial Balance	−312 000	−222 000	−295 000	−417 000
Earnings Before Tax	1 105 000	1 004 000	818 000	658 000
Tax	251 000	221 000	202 000	178 000
Net Income	854 000	783 000	615 000	480 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 571 000	10 243 000	10 964 000	11 734 000
Total Current Assets	568 000	329 000	508 000	284 000
Total Assets	10 139 000	10 572 000	11 472 000	12 018 000
Total Retained Equity	2 101 000	1 247 000	1 064 000	749 000
Total Equity	2 272 000	1 418 000	1 235 000	920 000
Total Long-Term Debt	7 459 000	8 376 000	9 571 000	10 623 000
Total Current Debt	408 000	778 000	666 000	476 000
Total Equity and Debt	10 139 000	10 572 000	11 472 000	12 018 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 000	8 000	10 000	6 000
Other Income	2 344 000	2 230 000	2 214 000	2 180 000
Revenue	2 352 000	2 238 000	2 225 000	2 186 000
Cost of Goods Sold	8 000	5 000	5 000	5 000
Salary Costs	16 000	29 000	1 000	8 000
Depreciation	688 000	721 000	770 000	770 000
Impairment	0	0	0	0
Expenditure	936 000	1 011 000	1 112 000	1 110 000
Operating Profit	1 416 000	1 226 000	1 113 000	1 075 000
Financial Income	3 000	1 000	1 000	1 000
Financial Costs	315 000	223 000	296 000	418 000
Financial Balance	−312 000	−222 000	−295 000	−417 000
Dividends	0	600 000	300 000	300 000
Net Income	854 000	783 000	615 000	480 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	0	0	0
Real Eastate	9 555 000	10 243 000	10 932 000	11 637 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	32 000	97 000
Total Tangible Assets	9 555 000	10 243 000	10 964 000	11 734 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 571 000	10 243 000	10 964 000	11 734 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	546 000	308 000	488 000	265 000
Total Current Assets	568 000	329 000	508 000	284 000
Total Assets	10 139 000	10 572 000	11 472 000	12 018 000
Total Equity	2 272 000	1 418 000	1 235 000	920 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 459 000	8 376 000	9 571 000	10 623 000
Creditors	0	4 000	7 000	6 000
Unpaid Taxes	96 000	91 000	92 000	90 000
Dividends	0	600 000	300 000	300 000
Other Current Debt	10 000	410 000	10 000	11 000
Total Current Debt	408 000	778 000	666 000	476 000
Total Equity and Debt	10 139 000	10 572 000	11 472 000	12 018 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,59 %	55,22 %	49,8 %	52,17 %
Debt-to-Equity Ratio	3,28	5,91	7,75	11,55
Operating Profit Margin	60,2 %	54,78 %	50,02 %	49,18 %
Current Ratio	1,39	0,42	0,76	0,6
Quick Ratio	1,39	0,42	0,76	0,6
Equity Ratio	0,22	0,13	0,11	0,08
Gross Profit Margin	99,66 %	99,78 %	99,78 %	99,77 %