VEIERØD AS

2760 BRANDBU

Finances

Return on Equity

12,85 %

Current Ratio

5,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 601 000	9 636 000	11 074 000	8 333 000
Net Income	632 000	700 000	1 228 000	137 000
Total Assets	5 882 000	5 376 000	4 847 000	3 660 000
Total Equity	4 920 000	4 387 000	3 887 000	2 759 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 601 000	9 636 000	11 074 000	8 333 000
Expenditure	9 047 000	3 581 000	3 206 000	3 306 000
Operating Profit	553 000	613 000	1 221 000	146 000
Financial Income	196 000	227 000	93 000	4 000
Financial Costs	2 000	4 000	12 000	13 000
Financial Balance	194 000	223 000	81 000	−9 000
Earnings Before Tax	747 000	835 000	1 301 000	137 000
Tax	115 000	135 000	73 000	0
Net Income	632 000	700 000	1 228 000	137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	712 000	534 000	424 000	430 000
Total Current Assets	5 170 000	4 842 000	4 423 000	3 230 000
Total Assets	5 882 000	5 376 000	4 847 000	3 660 000
Total Retained Equity	4 820 000	4 287 000	3 787 000	2 659 000
Total Equity	4 920 000	4 387 000	3 887 000	2 759 000
Total Long-Term Debt	0	0	140 000	220 000
Total Current Debt	963 000	989 000	820 000	681 000
Total Equity and Debt	5 882 000	5 376 000	4 847 000	3 660 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 448 000	9 636 000	11 074 000	8 333 000
Other Income	153 000	0	0	0
Revenue	9 601 000	9 636 000	11 074 000	8 333 000
Cost of Goods Sold	5 458 000	0	0	0
Salary Costs	2 039 000	2 154 000	1 883 000	1 904 000
Depreciation	75 000	80 000	32 000	45 000
Impairment	0	0	0	0
Expenditure	9 047 000	3 581 000	3 206 000	3 306 000
Operating Profit	553 000	613 000	1 221 000	146 000
Financial Income	196 000	227 000	93 000	4 000
Financial Costs	2 000	4 000	12 000	13 000
Financial Balance	194 000	223 000	81 000	−9 000
Dividends	100 000	500 000	1 128 000	137 000
Net Income	632 000	700 000	1 228 000	137 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	2 000	8 000	14 000
Machinery and Plant Facilities	0	14 000	20 000	0
Fixtures	341 000	142 000	20 000	41 000
Total Tangible Assets	341 000	158 000	48 000	54 000
Total Fiancial Fixed Assets	371 000	376 000	376 000	376 000
Total Fixed Assets	712 000	534 000	424 000	430 000
Stock	2 997 000	2 431 000	2 270 000	1 797 000
Total Investments	0	0	0	0
Cash, Bank	1 478 000	1 620 000	1 688 000	1 015 000
Total Current Assets	5 170 000	4 842 000	4 423 000	3 230 000
Total Assets	5 882 000	5 376 000	4 847 000	3 660 000
Total Equity	4 920 000	4 387 000	3 887 000	2 759 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	140 000	220 000
Creditors	234 000	134 000	171 000	294 000
Unpaid Taxes	250 000	259 000	268 000	181 000
Dividends	100 000	500 000	1 128 000	137 000
Other Current Debt	265 000	461 000	308 000	206 000
Total Current Debt	963 000	989 000	820 000	681 000
Total Equity and Debt	5 882 000	5 376 000	4 847 000	3 660 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,85 %	15,96 %	31,59 %	4,97 %
Debt-to-Equity Ratio	0	0	0,04	0,08
Operating Profit Margin	5,76 %	6,36 %	11,03 %	1,75 %
Current Ratio	5,37	4,9	5,39	4,74
Quick Ratio	−2,54	−3,36	−3,05	−2,89
Equity Ratio	0,84	0,82	0,8	0,75
Gross Profit Margin	43,15 %	100 %	100 %	100 %