VETLE AS

0259 OSLO

Finances

Share Ownership

Return on Equity

87,48 %

Current Ratio

3,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 094 000	454 000	466 000	226 000
Net Income	978 000	23 000	138 000	−130 000
Total Assets	1 506 000	467 000	245 000	229 000
Total Equity	1 118 000	140 000	117 000	−20 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 094 000	454 000	466 000	226 000
Expenditure	839 000	422 000	290 000	393 000
Operating Profit	1 255 000	31 000	176 000	−167 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	1 254 000	31 000	176 000	−167 000
Tax	276 000	9 000	39 000	−37 000
Net Income	978 000	23 000	138 000	−130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	43 000
Total Current Assets	1 506 000	467 000	245 000	186 000
Total Assets	1 506 000	467 000	245 000	229 000
Total Retained Equity	1 018 000	40 000	17 000	−120 000
Total Equity	1 118 000	140 000	117 000	−20 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	389 000	327 000	128 000	249 000
Total Equity and Debt	1 506 000	467 000	245 000	229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 055 000	454 000	465 000	226 000
Other Income	40 000	0	2 000	0
Revenue	2 094 000	454 000	466 000	226 000
Cost of Goods Sold	0	50 000	5 000	0
Salary Costs	421 000	256 000	126 000	12 000
Depreciation	0	0	6 000	6 000
Impairment	0	0	0	0
Expenditure	839 000	422 000	290 000	393 000
Operating Profit	1 255 000	31 000	176 000	−167 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	978 000	23 000	138 000	−130 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	37 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	6 000
Total Tangible Assets	0	0	0	6 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	43 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	938 000	70 000	69 000	25 000
Total Current Assets	1 506 000	467 000	245 000	186 000
Total Assets	1 506 000	467 000	245 000	229 000
Total Equity	1 118 000	140 000	117 000	−20 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	0	0	0
Unpaid Taxes	23 000	52 000	0	0
Dividends	0	0	0	0
Other Current Debt	87 000	266 000	126 000	249 000
Total Current Debt	389 000	327 000	128 000	249 000
Total Equity and Debt	1 506 000	467 000	245 000	229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,48 %	16,43 %	117,95 %	650 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	59,93 %	6,83 %	37,77 %	−73,89 %
Current Ratio	3,87	1,43	1,91	0,75
Quick Ratio	3,87	1,43	1,91	0,75
Equity Ratio	0,74	0,3	0,48	−0,09
Gross Profit Margin	100 %	88,99 %	98,93 %	100 %