VEAS HOLDING AS

6393 TOMREFJORD

Finances

Return on Equity

21,51 %

Current Ratio

2,21

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	128 265 000	118 981 000	0	0
Net Income	11 240 000	8 825 000	5 097 000	2 311 000
Total Assets	87 932 000	80 903 000	27 843 000	22 746 000
Total Equity	52 252 000	43 012 000	25 843 000	22 746 000

Income (NOK)	2022	2021	2020	2019
Revenue	128 265 000	118 981 000	0	0
Expenditure	114 682 000	107 892 000	44 000	24 000
Operating Profit	13 582 000	11 088 000	−44 000	−24 000
Financial Income	1 167 000	309 000	5 191 000	2 335 000
Financial Costs	281 000	87 000	50 000	1 000
Financial Balance	886 000	222 000	5 141 000	2 334 000
Earnings Before Tax	14 468 000	11 310 000	5 097 000	2 311 000
Tax	3 227 000	2 485 000	0	0
Net Income	11 240 000	8 825 000	5 097 000	2 311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 338 000	9 590 000	10 683 000	10 683 000
Total Current Assets	76 595 000	71 312 000	17 160 000	12 063 000
Total Assets	87 932 000	80 903 000	27 843 000	22 746 000
Total Retained Equity	48 688 000	39 447 000	22 278 000	19 181 000
Total Equity	52 252 000	43 012 000	25 843 000	22 746 000
Total Long-Term Debt	1 047 000	1 388 000	0	0
Total Current Debt	34 634 000	36 502 000	2 000 000	0
Total Equity and Debt	87 932 000	80 903 000	27 843 000	22 746 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	127 635 000	118 448 000	0	0
Other Income	630 000	533 000	0	0
Revenue	128 265 000	118 981 000	0	0
Cost of Goods Sold	77 370 000	72 264 000	0	0
Salary Costs	25 990 000	25 628 000	0	0
Depreciation	739 000	639 000	0	0
Impairment	0	0	0	0
Expenditure	114 682 000	107 892 000	44 000	24 000
Operating Profit	13 582 000	11 088 000	−44 000	−24 000
Financial Income	1 167 000	309 000	5 191 000	2 335 000
Financial Costs	281 000	87 000	50 000	1 000
Financial Balance	886 000	222 000	5 141 000	2 334 000
Dividends	0	0	0	0
Net Income	11 240 000	8 825 000	5 097 000	2 311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	227 000	482 000	0	0
Real Eastate	7 866 000	6 654 000	0	0
Machinery and Plant Facilities	189 000	212 000	0	0
Fixtures	2 265 000	1 479 000	0	0
Total Tangible Assets	10 319 000	8 345 000	0	0
Total Fiancial Fixed Assets	792 000	764 000	10 683 000	10 683 000
Total Fixed Assets	11 338 000	9 590 000	10 683 000	10 683 000
Stock	15 189 000	11 174 000	0	0
Total Investments	1 073 000	1 144 000	1 088 000	1 044 000
Cash, Bank	52 264 000	49 977 000	16 072 000	11 019 000
Total Current Assets	76 595 000	71 312 000	17 160 000	12 063 000
Total Assets	87 932 000	80 903 000	27 843 000	22 746 000
Total Equity	52 252 000	43 012 000	25 843 000	22 746 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 047 000	1 388 000	0	0
Creditors	12 312 000	10 792 000	0	0
Unpaid Taxes	4 207 000	3 846 000	0	0
Dividends	0	0	0	0
Other Current Debt	15 376 000	19 439 000	2 000 000	0
Total Current Debt	34 634 000	36 502 000	2 000 000	0
Total Equity and Debt	87 932 000	80 903 000	27 843 000	22 746 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,51 %	20,52 %	19,72 %	10,16 %
Debt-to-Equity Ratio	0,02	0,03	0	0
Operating Profit Margin	10,59 %	9,32 %	-	-
Current Ratio	2,21	1,95	8,58	-
Quick Ratio	3,94	2,82	8,58	-
Equity Ratio	0,59	0,53	0,93	1
Gross Profit Margin	39,68 %	39,26 %	-	-