VEF ENTREPRENØR AS

4708 VENNESLA

Finances

Return on Equity

29,42 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	342 412 000	248 518 000	253 647 000	173 951 000
Net Income	17 015 000	14 283 000	11 168 000	12 401 000
Total Assets	164 493 000	107 458 000	99 238 000	74 396 000
Total Equity	57 832 000	46 497 000	37 901 000	30 367 000

Income (NOK)	2022	2021	2020	2019
Revenue	342 412 000	248 518 000	253 647 000	173 951 000
Expenditure	325 487 000	231 774 000	237 617 000	158 492 000
Operating Profit	16 925 000	16 744 000	16 030 000	15 458 000
Financial Income	4 334 000	1 476 000	636 000	545 000
Financial Costs	185 000	108 000	1 839 000	155 000
Financial Balance	4 149 000	1 368 000	−1 203 000	390 000
Earnings Before Tax	21 074 000	18 112 000	14 828 000	15 848 000
Tax	4 060 000	3 829 000	3 660 000	3 447 000
Net Income	17 015 000	14 283 000	11 168 000	12 401 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 038 000	30 090 000	28 082 000	15 824 000
Total Current Assets	151 455 000	77 368 000	71 155 000	58 572 000
Total Assets	164 493 000	107 458 000	99 238 000	74 396 000
Total Retained Equity	49 936 000	38 601 000	30 005 000	22 471 000
Total Equity	57 832 000	46 497 000	37 901 000	30 367 000
Total Long-Term Debt	5 340 000	2 705 000	4 348 000	2 664 000
Total Current Debt	101 321 000	58 257 000	56 989 000	41 365 000
Total Equity and Debt	164 493 000	107 458 000	99 238 000	74 396 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	342 173 000	248 262 000	253 368 000	173 817 000
Other Income	240 000	255 000	279 000	134 000
Revenue	342 412 000	248 518 000	253 647 000	173 951 000
Cost of Goods Sold	226 545 000	150 392 000	160 109 000	90 765 000
Salary Costs	72 397 000	65 305 000	61 996 000	53 433 000
Depreciation	2 478 000	2 566 000	2 201 000	1 479 000
Impairment	0	0	0	0
Expenditure	325 487 000	231 774 000	237 617 000	158 492 000
Operating Profit	16 925 000	16 744 000	16 030 000	15 458 000
Financial Income	4 334 000	1 476 000	636 000	545 000
Financial Costs	185 000	108 000	1 839 000	155 000
Financial Balance	4 149 000	1 368 000	−1 203 000	390 000
Dividends	5 688 000	5 688 000	0	5 688 000
Net Income	17 015 000	14 283 000	11 168 000	12 401 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	266 000	375 000	485 000	394 000
Machinery and Plant Facilities	2 993 000	3 773 000	4 451 000	3 400 000
Fixtures	5 380 000	4 762 000	3 913 000	2 891 000
Total Tangible Assets	8 639 000	8 910 000	8 848 000	6 685 000
Total Fiancial Fixed Assets	4 399 000	21 180 000	19 234 000	9 139 000
Total Fixed Assets	13 038 000	30 090 000	28 082 000	15 824 000
Stock	60 983 000	5 731 000	3 418 000	887 000
Total Investments	0	0	0	0
Cash, Bank	4 873 000	33 666 000	11 355 000	25 105 000
Total Current Assets	151 455 000	77 368 000	71 155 000	58 572 000
Total Assets	164 493 000	107 458 000	99 238 000	74 396 000
Total Equity	57 832 000	46 497 000	37 901 000	30 367 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 340 000	2 705 000	4 348 000	2 664 000
Creditors	32 372 000	28 620 000	31 519 000	17 679 000
Unpaid Taxes	11 806 000	8 986 000	10 930 000	8 119 000
Dividends	5 688 000	5 688 000	0	5 688 000
Other Current Debt	15 364 000	9 586 000	8 012 000	6 088 000
Total Current Debt	101 321 000	58 257 000	56 989 000	41 365 000
Total Equity and Debt	164 493 000	107 458 000	99 238 000	74 396 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,42 %	30,72 %	29,47 %	40,84 %
Debt-to-Equity Ratio	0,09	0,06	0,11	0,09
Operating Profit Margin	4,94 %	6,74 %	6,32 %	8,89 %
Current Ratio	1,49	1,33	1,25	1,42
Quick Ratio	3,75	1,47	1,33	1,45
Equity Ratio	0,35	0,43	0,38	0,41
Gross Profit Margin	33,84 %	39,48 %	36,88 %	47,82 %