VEISTEIN AS

3044 DRAMMEN

Finances

Share Ownership

Return on Equity

149,8 %

Current Ratio

0,27

Debt-to-Equity Ratio

−1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 833 000	19 155 000	23 178 000	25 450 000
Net Income	−21 502 000	−3 945 000	569 000	441 000
Total Assets	17 519 000	47 594 000	41 991 000	40 146 000
Total Equity	−14 354 000	7 147 000	6 680 000	6 652 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 833 000	19 155 000	23 178 000	25 450 000
Expenditure	34 875 000	22 630 000	21 477 000	23 888 000
Operating Profit	−20 042 000	−3 475 000	1 701 000	1 561 000
Financial Income	1 000	97 000	160 000	159 000
Financial Costs	1 460 000	1 035 000	1 131 000	1 153 000
Financial Balance	−1 459 000	−938 000	−971 000	−994 000
Earnings Before Tax	−21 502 000	−4 413 000	730 000	567 000
Tax	0	−468 000	160 000	126 000
Net Income	−21 502 000	−3 945 000	569 000	441 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 434 000	20 013 000	24 073 000	22 218 000
Total Current Assets	3 085 000	27 581 000	17 918 000	17 928 000
Total Assets	17 519 000	47 594 000	41 991 000	40 146 000
Total Retained Equity	−21 617 000	−116 000	3 830 000	3 802 000
Total Equity	−14 354 000	7 147 000	6 680 000	6 652 000
Total Long-Term Debt	20 506 000	18 262 000	19 254 000	19 676 000
Total Current Debt	11 368 000	22 185 000	16 057 000	13 818 000
Total Equity and Debt	17 519 000	47 594 000	41 991 000	40 146 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 514 000	17 054 000	21 242 000	23 302 000
Other Income	1 319 000	2 101 000	1 936 000	2 148 000
Revenue	14 833 000	19 155 000	23 178 000	25 450 000
Cost of Goods Sold	13 611 000	1 229 000	2 476 000	2 649 000
Salary Costs	5 226 000	6 415 000	6 174 000	6 719 000
Depreciation	3 517 000	2 135 000	2 276 000	1 592 000
Impairment	388 000	0	0	0
Expenditure	34 875 000	22 630 000	21 477 000	23 888 000
Operating Profit	−20 042 000	−3 475 000	1 701 000	1 561 000
Financial Income	1 000	97 000	160 000	159 000
Financial Costs	1 460 000	1 035 000	1 131 000	1 153 000
Financial Balance	−1 459 000	−938 000	−971 000	−994 000
Dividends	0	0	0	0
Net Income	−21 502 000	−3 945 000	569 000	441 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 702 000	4 283 000	2 929 000	1 674 000
Real Eastate	4 125 000	4 760 000	5 364 000	6 246 000
Machinery and Plant Facilities	3 947 000	5 917 000	6 372 000	5 531 000
Fixtures	660 000	922 000	2 630 000	1 163 000
Total Tangible Assets	8 732 000	11 598 000	14 366 000	12 939 000
Total Fiancial Fixed Assets	0	4 132 000	6 778 000	7 605 000
Total Fixed Assets	14 434 000	20 013 000	24 073 000	22 218 000
Stock	1 700 000	13 600 000	12 805 000	12 794 000
Total Investments	0	0	0	0
Cash, Bank	201 000	7 061 000	463 000	838 000
Total Current Assets	3 085 000	27 581 000	17 918 000	17 928 000
Total Assets	17 519 000	47 594 000	41 991 000	40 146 000
Total Equity	−14 354 000	7 147 000	6 680 000	6 652 000
Short-Term Group Debt	3 601 000	7 352 000	4 272 000	3 503 000
Total Long-Term Debt	20 506 000	18 262 000	19 254 000	19 676 000
Creditors	4 175 000	6 500 000	5 671 000	6 443 000
Unpaid Taxes	405 000	2 196 000	2 573 000	1 077 000
Dividends	0	0	0	0
Other Current Debt	261 000	1 077 000	1 284 000	702 000
Total Current Debt	11 368 000	22 185 000	16 057 000	13 818 000
Total Equity and Debt	17 519 000	47 594 000	41 991 000	40 146 000

Financial indicators	2022	2021	2020	2019
Return on Equity	149,8 %	−55,2 %	8,52 %	6,63 %
Debt-to-Equity Ratio	−1,43	2,56	2,88	2,96
Operating Profit Margin	−135,12 %	−18,14 %	7,34 %	6,13 %
Current Ratio	0,27	1,24	1,12	1,3
Quick Ratio	0,32	3,21	5,51	17,51
Equity Ratio	−0,82	0,15	0,16	0,17
Gross Profit Margin	8,24 %	93,58 %	89,32 %	89,59 %