VEØY BUSS AS

6300 ÅNDALSNES

Finances

Share Ownership

Return on Equity

4,33 %

Current Ratio

2,94

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	54 774 000	51 106 000	46 127 000	50 620 000
Net Income	790 000	1 150 000	1 621 000	2 963 000
Total Assets	46 392 000	48 901 000	53 864 000	59 263 000
Total Equity	18 224 000	18 224 000	18 174 000	18 153 000

Income (NOK)	2022	2021	2020	2019
Revenue	54 774 000	51 106 000	46 127 000	50 620 000
Expenditure	53 169 000	49 241 000	43 528 000	46 298 000
Operating Profit	1 604 000	1 865 000	2 599 000	4 322 000
Financial Income	17 000	5 000	10 000	68 000
Financial Costs	608 000	392 000	530 000	591 000
Financial Balance	−591 000	−387 000	−520 000	−523 000
Earnings Before Tax	1 013 000	1 477 000	2 079 000	3 800 000
Tax	223 000	328 000	457 000	837 000
Net Income	790 000	1 150 000	1 621 000	2 963 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 270 000	17 628 000	22 738 000	28 569 000
Total Current Assets	32 122 000	31 273 000	31 126 000	30 694 000
Total Assets	46 392 000	48 901 000	53 864 000	59 263 000
Total Retained Equity	15 902 000	15 901 000	15 851 000	15 830 000
Total Equity	18 224 000	18 224 000	18 174 000	18 153 000
Total Long-Term Debt	17 235 000	20 791 000	24 243 000	27 455 000
Total Current Debt	10 933 000	9 886 000	11 447 000	13 655 000
Total Equity and Debt	46 392 000	48 901 000	53 864 000	59 263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 472 000	50 768 000	45 581 000	50 175 000
Other Income	302 000	338 000	546 000	446 000
Revenue	54 774 000	51 106 000	46 127 000	50 620 000
Cost of Goods Sold	0	0	0	0
Salary Costs	18 424 000	17 134 000	15 639 000	17 245 000
Depreciation	5 248 000	5 110 000	5 313 000	5 445 000
Impairment	0	0	0	0
Expenditure	53 169 000	49 241 000	43 528 000	46 298 000
Operating Profit	1 604 000	1 865 000	2 599 000	4 322 000
Financial Income	17 000	5 000	10 000	68 000
Financial Costs	608 000	392 000	530 000	591 000
Financial Balance	−591 000	−387 000	−520 000	−523 000
Dividends	790 000	1 100 000	1 600 000	2 500 000
Net Income	790 000	1 150 000	1 621 000	2 963 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 270 000	17 628 000	22 738 000	28 569 000
Total Tangible Assets	14 270 000	17 628 000	22 738 000	28 569 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 270 000	17 628 000	22 738 000	28 569 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 746 000	427 000	732 000	1 239 000
Total Current Assets	32 122 000	31 273 000	31 126 000	30 694 000
Total Assets	46 392 000	48 901 000	53 864 000	59 263 000
Total Equity	18 224 000	18 224 000	18 174 000	18 153 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 235 000	20 791 000	24 243 000	27 455 000
Creditors	5 611 000	4 881 000	6 258 000	7 120 000
Unpaid Taxes	1 115 000	1 048 000	940 000	997 000
Dividends	790 000	1 100 000	1 600 000	2 500 000
Other Current Debt	2 637 000	2 077 000	1 980 000	2 268 000
Total Current Debt	10 933 000	9 886 000	11 447 000	13 655 000
Total Equity and Debt	46 392 000	48 901 000	53 864 000	59 263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,33 %	6,31 %	8,92 %	16,32 %
Debt-to-Equity Ratio	0,95	1,14	1,33	1,51
Operating Profit Margin	2,93 %	3,65 %	5,63 %	8,54 %
Current Ratio	2,94	3,16	2,72	2,25
Quick Ratio	2,94	3,16	2,72	2,25
Equity Ratio	0,39	0,37	0,34	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %