VEA SJØ AS

4276 VEAVÅGEN

Finances

Return on Equity

12,2 %

Current Ratio

0,65

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	528 000	528 000	528 000	528 000
Net Income	565 000	490 000	391 000	2 368 000
Total Assets	6 400 000	6 316 000	5 834 000	6 172 000
Total Equity	4 631 000	4 690 000	4 824 000	5 057 000

Income (NOK)	2022	2021	2020	2019
Revenue	528 000	528 000	528 000	528 000
Expenditure	168 000	128 000	217 000	121 000
Operating Profit	360 000	400 000	311 000	407 000
Financial Income	286 000	179 000	149 000	2 052 000
Financial Costs	0	0	0	0
Financial Balance	286 000	179 000	149 000	2 052 000
Earnings Before Tax	646 000	579 000	461 000	2 459 000
Tax	81 000	89 000	70 000	91 000
Net Income	565 000	490 000	391 000	2 368 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 326 000	5 392 000	4 831 000	4 870 000
Total Current Assets	1 074 000	924 000	1 004 000	1 303 000
Total Assets	6 400 000	6 316 000	5 834 000	6 172 000
Total Retained Equity	4 231 000	4 290 000	4 424 000	4 657 000
Total Equity	4 631 000	4 690 000	4 824 000	5 057 000
Total Long-Term Debt	119 000	119 000	117 000	115 000
Total Current Debt	1 650 000	1 507 000	893 000	1 000 000
Total Equity and Debt	6 400 000	6 316 000	5 834 000	6 172 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	528 000	528 000	528 000	528 000
Other Income	0	0	0	0
Revenue	528 000	528 000	528 000	528 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	95 000	39 000	39 000	39 000
Impairment	0	0	0	0
Expenditure	168 000	128 000	217 000	121 000
Operating Profit	360 000	400 000	311 000	407 000
Financial Income	286 000	179 000	149 000	2 052 000
Financial Costs	0	0	0	0
Financial Balance	286 000	179 000	149 000	2 052 000
Dividends	624 000	624 000	624 000	624 000
Net Income	565 000	490 000	391 000	2 368 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 208 000	1 231 000	1 254 000	1 277 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	380 000	380 000	380 000	380 000
Total Tangible Assets	3 507 000	3 573 000	3 011 000	3 050 000
Total Fiancial Fixed Assets	1 820 000	1 820 000	1 820 000	1 820 000
Total Fixed Assets	5 326 000	5 392 000	4 831 000	4 870 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	474 000	881 000	1 004 000	1 303 000
Total Current Assets	1 074 000	924 000	1 004 000	1 303 000
Total Assets	6 400 000	6 316 000	5 834 000	6 172 000
Total Equity	4 631 000	4 690 000	4 824 000	5 057 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	119 000	119 000	117 000	115 000
Creditors	9 000	6 000	10 000	166 000
Unpaid Taxes	111 000	0	67 000	−2 000
Dividends	624 000	624 000	624 000	624 000
Other Current Debt	824 000	790 000	124 000	124 000
Total Current Debt	1 650 000	1 507 000	893 000	1 000 000
Total Equity and Debt	6 400 000	6 316 000	5 834 000	6 172 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,2 %	10,45 %	8,11 %	46,83 %
Debt-to-Equity Ratio	0,03	0,03	0,02	0,02
Operating Profit Margin	68,18 %	75,76 %	58,9 %	77,08 %
Current Ratio	0,65	0,61	1,12	1,3
Quick Ratio	0,65	0,61	1,12	1,3
Equity Ratio	0,72	0,74	0,83	0,82
Gross Profit Margin	100 %	100 %	100 %	100 %