VEIM AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

4,04 %

Current Ratio

3,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 315 000	40 397 000	62 375 000	64 967 000
Net Income	297 000	2 637 000	2 534 000	5 771 000
Total Assets	10 088 000	14 028 000	10 347 000	20 328 000
Total Equity	7 360 000	7 063 000	7 426 000	4 892 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 315 000	40 397 000	62 375 000	64 967 000
Expenditure	29 255 000	37 137 000	58 756 000	57 845 000
Operating Profit	1 059 000	3 260 000	3 620 000	7 123 000
Financial Income	108 000	327 000	920 000	369 000
Financial Costs	781 000	203 000	1 286 000	88 000
Financial Balance	−673 000	124 000	−366 000	281 000
Earnings Before Tax	386 000	3 384 000	3 253 000	7 404 000
Tax	89 000	747 000	719 000	1 633 000
Net Income	297 000	2 637 000	2 534 000	5 771 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	367 000	443 000	631 000	399 000
Total Current Assets	9 721 000	13 584 000	9 716 000	19 928 000
Total Assets	10 088 000	14 028 000	10 347 000	20 328 000
Total Retained Equity	6 985 000	6 688 000	7 051 000	4 517 000
Total Equity	7 360 000	7 063 000	7 426 000	4 892 000
Total Long-Term Debt	20 000	45 000	0	0
Total Current Debt	2 709 000	6 920 000	2 921 000	15 436 000
Total Equity and Debt	10 088 000	14 028 000	10 347 000	20 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 315 000	39 690 000	62 375 000	64 967 000
Other Income	0	708 000	0	0
Revenue	30 315 000	40 397 000	62 375 000	64 967 000
Cost of Goods Sold	23 633 000	32 046 000	53 124 000	51 680 000
Salary Costs	2 704 000	2 726 000	3 082 000	3 335 000
Depreciation	21 000	19 000	24 000	43 000
Impairment	0	0	0	0
Expenditure	29 255 000	37 137 000	58 756 000	57 845 000
Operating Profit	1 059 000	3 260 000	3 620 000	7 123 000
Financial Income	108 000	327 000	920 000	369 000
Financial Costs	781 000	203 000	1 286 000	88 000
Financial Balance	−673 000	124 000	−366 000	281 000
Dividends	0	1 000 000	0	2 000 000
Net Income	297 000	2 637 000	2 534 000	5 771 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	75 000	117 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	103 000	124 000	125 000	149 000
Total Tangible Assets	103 000	124 000	125 000	149 000
Total Fiancial Fixed Assets	264 000	319 000	431 000	134 000
Total Fixed Assets	367 000	443 000	631 000	399 000
Stock	8 798 000	8 508 000	5 365 000	9 049 000
Total Investments	0	0	0	0
Cash, Bank	90 000	4 409 000	3 055 000	4 905 000
Total Current Assets	9 721 000	13 584 000	9 716 000	19 928 000
Total Assets	10 088 000	14 028 000	10 347 000	20 328 000
Total Equity	7 360 000	7 063 000	7 426 000	4 892 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	45 000	0	0
Creditors	615 000	3 958 000	567 000	7 897 000
Unpaid Taxes	285 000	224 000	465 000	1 416 000
Dividends	0	1 000 000	0	2 000 000
Other Current Debt	1 695 000	1 111 000	1 212 000	2 499 000
Total Current Debt	2 709 000	6 920 000	2 921 000	15 436 000
Total Equity and Debt	10 088 000	14 028 000	10 347 000	20 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,04 %	37,34 %	34,12 %	117,97 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	3,49 %	8,07 %	5,8 %	10,96 %
Current Ratio	3,59	1,96	3,33	1,29
Quick Ratio	−1,6	−8,55	−3,98	3,12
Equity Ratio	0,73	0,5	0,72	0,24
Gross Profit Margin	22,04 %	20,67 %	14,83 %	20,45 %