VEEN EIENDOM AS

4009 STAVANGER

Finances

Return on Equity

−29,65 %

Current Ratio

4,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	−35 085 000	−28 164 000	83 208 000	10 239 000
Net Income	−37 235 000	−30 162 000	78 817 000	7 558 000
Total Assets	143 870 000	202 977 000	259 135 000	179 412 000
Total Equity	125 564 000	161 799 000	201 961 000	173 144 000

Income (NOK)	2022	2021	2020	2019
Revenue	−35 085 000	−28 164 000	83 208 000	10 239 000
Expenditure	1 778 000	831 000	4 379 000	2 654 000
Operating Profit	−36 863 000	−28 994 000	78 828 000	7 584 000
Financial Income	2 000	144 000	44 000	44 000
Financial Costs	374 000	1 311 000	55 000	70 000
Financial Balance	−372 000	−1 167 000	−11 000	−26 000
Earnings Before Tax	−37 235 000	−30 162 000	78 817 000	7 558 000
Tax	0	0	0	0
Net Income	−37 235 000	−30 162 000	78 817 000	7 558 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 913 000	74 591 000	50 104 000	48 028 000
Total Current Assets	80 957 000	128 386 000	209 031 000	131 384 000
Total Assets	143 870 000	202 977 000	259 135 000	179 412 000
Total Retained Equity	115 228 000	152 463 000	192 625 000	163 807 000
Total Equity	125 564 000	161 799 000	201 961 000	173 144 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 305 000	41 178 000	57 174 000	6 268 000
Total Equity and Debt	143 870 000	202 977 000	259 135 000	179 412 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	−35 085 000	−28 164 000	83 208 000	10 239 000
Revenue	−35 085 000	−28 164 000	83 208 000	10 239 000
Cost of Goods Sold	0	0	0	0
Salary Costs	461 000	16 000	784 000	342 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 778 000	831 000	4 379 000	2 654 000
Operating Profit	−36 863 000	−28 994 000	78 828 000	7 584 000
Financial Income	2 000	144 000	44 000	44 000
Financial Costs	374 000	1 311 000	55 000	70 000
Financial Balance	−372 000	−1 167 000	−11 000	−26 000
Dividends	0	0	50 000 000	2 000 000
Net Income	−37 235 000	−30 162 000	78 817 000	7 558 000

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	13 492 000	13 492 000	9 579 000	9 579 000
Total Tangible Assets	13 492 000	13 492 000	9 579 000	9 579 000
Total Fiancial Fixed Assets	49 421 000	61 100 000	40 525 000	38 449 000
Total Fixed Assets	62 913 000	74 591 000	50 104 000	48 028 000
Stock	0	0	0	0
Total Investments	52 021 000	108 115 000	153 811 000	114 688 000
Cash, Bank	14 351 000	3 700 000	40 935 000	92 000
Total Current Assets	80 957 000	128 386 000	209 031 000	131 384 000
Total Assets	143 870 000	202 977 000	259 135 000	179 412 000
Total Equity	125 564 000	161 799 000	201 961 000	173 144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	39 000	34 000	752 000	59 000
Unpaid Taxes	1 000	0	98 000	21 000
Dividends	0	0	50 000 000	2 000 000
Other Current Debt	18 265 000	31 143 000	6 325 000	4 189 000
Total Current Debt	18 305 000	41 178 000	57 174 000	6 268 000
Total Equity and Debt	143 870 000	202 977 000	259 135 000	179 412 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,65 %	−18,64 %	39,03 %	4,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	105,07 %	102,95 %	94,74 %	74,07 %
Current Ratio	4,42	3,12	3,66	20,96
Quick Ratio	4,42	3,12	3,66	20,96
Equity Ratio	0,87	0,8	0,78	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %