VEGGSYSTEMER AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

0,13 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 985 000	9 840 000	10 898 000	15 207 000
Net Income	2 000	382 000	1 027 000	766 000
Total Assets	5 860 000	3 239 000	2 570 000	1 499 000
Total Equity	1 531 000	1 929 000	1 547 000	520 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 985 000	9 840 000	10 898 000	15 207 000
Expenditure	17 977 000	9 415 000	9 866 000	14 432 000
Operating Profit	8 000	424 000	1 032 000	774 000
Financial Income	0	0	0	0
Financial Costs	5 000	5 000	5 000	8 000
Financial Balance	−5 000	−5 000	−5 000	−8 000
Earnings Before Tax	3 000	419 000	1 027 000	766 000
Tax	1 000	37 000	0	0
Net Income	2 000	382 000	1 027 000	766 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 000	59 000	74 000	33 000
Total Current Assets	5 816 000	3 180 000	2 496 000	1 466 000
Total Assets	5 860 000	3 239 000	2 570 000	1 499 000
Total Retained Equity	1 331 000	1 329 000	947 000	−80 000
Total Equity	1 531 000	1 929 000	1 547 000	520 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 329 000	1 309 000	1 023 000	979 000
Total Equity and Debt	5 860 000	3 239 000	2 570 000	1 499 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 985 000	9 840 000	10 898 000	15 207 000
Other Income	0	0	0	0
Revenue	17 985 000	9 840 000	10 898 000	15 207 000
Cost of Goods Sold	11 121 000	5 216 000	6 058 000	10 856 000
Salary Costs	5 954 000	3 660 000	3 157 000	3 095 000
Depreciation	4 000	5 000	7 000	8 000
Impairment	0	0	0	0
Expenditure	17 977 000	9 415 000	9 866 000	14 432 000
Operating Profit	8 000	424 000	1 032 000	774 000
Financial Income	0	0	0	0
Financial Costs	5 000	5 000	5 000	8 000
Financial Balance	−5 000	−5 000	−5 000	−8 000
Dividends	0	0	0	0
Net Income	2 000	382 000	1 027 000	766 000

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	17 000	21 000	27 000	33 000
Total Tangible Assets	17 000	21 000	27 000	33 000
Total Fiancial Fixed Assets	28 000	38 000	48 000	0
Total Fixed Assets	44 000	59 000	74 000	33 000
Stock	179 000	177 000	150 000	188 000
Total Investments	0	0	0	0
Cash, Bank	3 145 000	1 379 000	1 273 000	544 000
Total Current Assets	5 816 000	3 180 000	2 496 000	1 466 000
Total Assets	5 860 000	3 239 000	2 570 000	1 499 000
Total Equity	1 531 000	1 929 000	1 547 000	520 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 596 000	397 000	227 000	314 000
Unpaid Taxes	793 000	568 000	497 000	375 000
Dividends	0	0	0	0
Other Current Debt	939 000	309 000	299 000	289 000
Total Current Debt	4 329 000	1 309 000	1 023 000	979 000
Total Equity and Debt	5 860 000	3 239 000	2 570 000	1 499 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,13 %	19,8 %	66,39 %	147,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,04 %	4,31 %	9,47 %	5,09 %
Current Ratio	1,34	2,43	2,44	1,5
Quick Ratio	1,4	2,81	2,86	1,85
Equity Ratio	0,26	0,6	0,6	0,35
Gross Profit Margin	38,17 %	46,99 %	44,41 %	28,61 %