VETINOR AS

9311 BRØSTADBOTN

Finances

Return on Equity

−24,3 %

Current Ratio

−2,5

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	670 000	593 000	1 309 000	1 185 000
Net Income	−201 000	66 000	71 000	47 000
Total Assets	938 000	1 297 000	1 337 000	1 402 000
Total Equity	827 000	1 028 000	962 000	890 000

Income (NOK)	2022	2021	2020	2019
Revenue	670 000	593 000	1 309 000	1 185 000
Expenditure	863 000	501 000	1 207 000	1 102 000
Operating Profit	−193 000	93 000	103 000	83 000
Financial Income	0	0	0	0
Financial Costs	8 000	9 000	11 000	16 000
Financial Balance	−8 000	−9 000	−11 000	−16 000
Earnings Before Tax	−201 000	84 000	92 000	67 000
Tax	0	19 000	20 000	21 000
Net Income	−201 000	66 000	71 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	913 000	1 030 000	979 000	1 033 000
Total Current Assets	25 000	267 000	358 000	368 000
Total Assets	938 000	1 297 000	1 337 000	1 402 000
Total Retained Equity	727 000	928 000	862 000	790 000
Total Equity	827 000	1 028 000	962 000	890 000
Total Long-Term Debt	121 000	193 000	244 000	281 000
Total Current Debt	−10 000	76 000	131 000	230 000
Total Equity and Debt	938 000	1 297 000	1 337 000	1 402 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	580 000	379 000	1 087 000	986 000
Other Income	89 000	214 000	222 000	199 000
Revenue	670 000	593 000	1 309 000	1 185 000
Cost of Goods Sold	0	0	7 000	1 000
Salary Costs	363 000	23 000	602 000	594 000
Depreciation	39 000	46 000	41 000	73 000
Impairment	0	0	0	0
Expenditure	863 000	501 000	1 207 000	1 102 000
Operating Profit	−193 000	93 000	103 000	83 000
Financial Income	0	0	0	0
Financial Costs	8 000	9 000	11 000	16 000
Financial Balance	−8 000	−9 000	−11 000	−16 000
Dividends	0	0	0	0
Net Income	−201 000	66 000	71 000	47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	103 000	121 000	142 000
Real Eastate	719 000	719 000	719 000	719 000
Machinery and Plant Facilities	157 000	171 000	102 000	136 000
Fixtures	0	0	0	0
Total Tangible Assets	876 000	890 000	821 000	855 000
Total Fiancial Fixed Assets	37 000	37 000	37 000	37 000
Total Fixed Assets	913 000	1 030 000	979 000	1 033 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	33 000	149 000	243 000	37 000
Total Current Assets	25 000	267 000	358 000	368 000
Total Assets	938 000	1 297 000	1 337 000	1 402 000
Total Equity	827 000	1 028 000	962 000	890 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	121 000	193 000	244 000	281 000
Creditors	−42 000	18 000	18 000	82 000
Unpaid Taxes	2 000	7 000	60 000	38 000
Dividends	0	0	0	0
Other Current Debt	31 000	51 000	52 000	110 000
Total Current Debt	−10 000	76 000	131 000	230 000
Total Equity and Debt	938 000	1 297 000	1 337 000	1 402 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,3 %	6,42 %	7,38 %	5,28 %
Debt-to-Equity Ratio	0,15	0,19	0,25	0,32
Operating Profit Margin	−28,81 %	15,68 %	7,87 %	7 %
Current Ratio	−2,5	3,51	2,73	1,6
Quick Ratio	−2,5	3,51	2,73	1,6
Equity Ratio	0,88	0,79	0,72	0,63
Gross Profit Margin	100 %	100 %	99,47 %	99,92 %