VETEN EIENDOM AS

6700 MÅLØY

Finances

Share Ownership

Return on Equity

25,51 %

Current Ratio

9,43

Debt-to-Equity Ratio

0,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 687 000	776 000	699 000	706 000
Net Income	843 000	310 000	−59 000	−337 000
Total Assets	6 613 000	7 638 000	8 820 000	8 823 000
Total Equity	3 305 000	2 462 000	2 151 000	2 210 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 687 000	776 000	699 000	706 000
Expenditure	492 000	336 000	609 000	890 000
Operating Profit	1 195 000	440 000	90 000	−184 000
Financial Income	5 000	5 000	2 000	7 000
Financial Costs	132 000	135 000	150 000	169 000
Financial Balance	−127 000	−130 000	−148 000	−162 000
Earnings Before Tax	1 068 000	310 000	−59 000	−347 000
Tax	225 000	0	0	−10 000
Net Income	843 000	310 000	−59 000	−337 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 066 000	7 075 000	8 491 000	8 535 000
Total Current Assets	547 000	563 000	329 000	288 000
Total Assets	6 613 000	7 638 000	8 820 000	8 823 000
Total Retained Equity	3 204 000	2 361 000	2 051 000	2 109 000
Total Equity	3 305 000	2 462 000	2 151 000	2 210 000
Total Long-Term Debt	3 251 000	5 151 000	6 593 000	6 507 000
Total Current Debt	58 000	25 000	76 000	106 000
Total Equity and Debt	6 613 000	7 638 000	8 820 000	8 823 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	580 000	554 000	0	0
Other Income	1 107 000	222 000	699 000	706 000
Revenue	1 687 000	776 000	699 000	706 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	16 000	44 000	44 000	44 000
Impairment	0	0	0	0
Expenditure	492 000	336 000	609 000	890 000
Operating Profit	1 195 000	440 000	90 000	−184 000
Financial Income	5 000	5 000	2 000	7 000
Financial Costs	132 000	135 000	150 000	169 000
Financial Balance	−127 000	−130 000	−148 000	−162 000
Dividends	0	0	0	0
Net Income	843 000	310 000	−59 000	−337 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 066 000	7 075 000	8 491 000	8 535 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 066 000	7 075 000	8 491 000	8 535 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 066 000	7 075 000	8 491 000	8 535 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	421 000	452 000	174 000	124 000
Total Current Assets	547 000	563 000	329 000	288 000
Total Assets	6 613 000	7 638 000	8 820 000	8 823 000
Total Equity	3 305 000	2 462 000	2 151 000	2 210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 251 000	5 151 000	6 593 000	6 507 000
Creditors	27 000	18 000	58 000	86 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	7 000	18 000	20 000
Total Current Debt	58 000	25 000	76 000	106 000
Total Equity and Debt	6 613 000	7 638 000	8 820 000	8 823 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,51 %	12,59 %	−2,74 %	−15,25 %
Debt-to-Equity Ratio	0,98	2,09	3,07	2,94
Operating Profit Margin	70,84 %	56,7 %	12,88 %	−26,06 %
Current Ratio	9,43	22,52	4,33	2,72
Quick Ratio	9,43	22,52	4,33	2,72
Equity Ratio	0,5	0,32	0,24	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %