VEI-TEKNIKK AS

7714 STEINKJER

Finances

Share Ownership

Return on Equity

47,49 %

Current Ratio

1,81

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 164 000	26 783 000	27 900 000	23 473 000
Net Income	2 370 000	1 009 000	1 292 000	601 000
Total Assets	12 322 000	9 232 000	8 960 000	6 363 000
Total Equity	4 990 000	4 644 000	4 571 000	4 106 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 164 000	26 783 000	27 900 000	23 473 000
Expenditure	31 039 000	25 471 000	26 225 000	22 695 000
Operating Profit	3 126 000	1 313 000	1 674 000	778 000
Financial Income	1 000	2 000	4 000	18 000
Financial Costs	88 000	21 000	22 000	25 000
Financial Balance	−87 000	−19 000	−18 000	−7 000
Earnings Before Tax	3 039 000	1 293 000	1 656 000	771 000
Tax	668 000	285 000	365 000	170 000
Net Income	2 370 000	1 009 000	1 292 000	601 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	582 000	268 000	138 000	147 000
Total Current Assets	11 740 000	8 965 000	8 821 000	6 217 000
Total Assets	12 322 000	9 232 000	8 960 000	6 363 000
Total Retained Equity	4 519 000	4 174 000	4 100 000	3 635 000
Total Equity	4 990 000	4 644 000	4 571 000	4 106 000
Total Long-Term Debt	850 000	0	0	0
Total Current Debt	6 482 000	4 588 000	4 389 000	2 257 000
Total Equity and Debt	12 322 000	9 232 000	8 960 000	6 363 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 164 000	26 783 000	27 900 000	23 470 000
Other Income	0	0	0	3 000
Revenue	34 164 000	26 783 000	27 900 000	23 473 000
Cost of Goods Sold	24 141 000	19 069 000	20 191 000	17 148 000
Salary Costs	4 230 000	3 980 000	3 611 000	3 420 000
Depreciation	140 000	59 000	25 000	14 000
Impairment	0	0	0	0
Expenditure	31 039 000	25 471 000	26 225 000	22 695 000
Operating Profit	3 126 000	1 313 000	1 674 000	778 000
Financial Income	1 000	2 000	4 000	18 000
Financial Costs	88 000	21 000	22 000	25 000
Financial Balance	−87 000	−19 000	−18 000	−7 000
Dividends	2 000 000	900 000	450 000	300 000
Net Income	2 370 000	1 009 000	1 292 000	601 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	127 000	40 000	43 000	44 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	455 000	220 000	69 000	50 000
Total Tangible Assets	455 000	220 000	69 000	50 000
Total Fiancial Fixed Assets	0	8 000	27 000	52 000
Total Fixed Assets	582 000	268 000	138 000	147 000
Stock	7 755 000	6 160 000	5 940 000	4 060 000
Total Investments	0	0	0	0
Cash, Bank	2 048 000	444 000	713 000	584 000
Total Current Assets	11 740 000	8 965 000	8 821 000	6 217 000
Total Assets	12 322 000	9 232 000	8 960 000	6 363 000
Total Equity	4 990 000	4 644 000	4 571 000	4 106 000
Short-Term Group Debt	32 000	530 000	35 000	36 000
Total Long-Term Debt	850 000	0	0	0
Creditors	2 409 000	1 586 000	2 470 000	802 000
Unpaid Taxes	875 000	886 000	685 000	639 000
Dividends	2 000 000	900 000	450 000	300 000
Other Current Debt	418 000	413 000	394 000	303 000
Total Current Debt	6 482 000	4 588 000	4 389 000	2 257 000
Total Equity and Debt	12 322 000	9 232 000	8 960 000	6 363 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,49 %	21,73 %	28,27 %	14,64 %
Debt-to-Equity Ratio	0,17	0	0	0
Operating Profit Margin	9,15 %	4,9 %	6 %	3,31 %
Current Ratio	1,81	1,95	2,01	2,75
Quick Ratio	−9,22	−5,7	−5,69	−3,45
Equity Ratio	0,4	0,5	0,51	0,65
Gross Profit Margin	29,34 %	28,8 %	27,63 %	26,95 %