VECO INTERNATIONAL AS

4993 SUNDEBRU

Finances

Share Ownership

Return on Equity

15,71 %

Current Ratio

2,21

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 522 000	6 080 000	8 331 000	7 650 000
Net Income	242 000	−334 000	315 000	314 000
Total Assets	4 160 000	4 254 000	4 031 000	3 861 000
Total Equity	1 540 000	1 297 000	1 464 000	1 149 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 522 000	6 080 000	8 331 000	7 650 000
Expenditure	6 173 000	6 465 000	7 827 000	7 138 000
Operating Profit	348 000	−385 000	524 000	512 000
Financial Income	12 000	13 000	15 000	8 000
Financial Costs	48 000	53 000	134 000	116 000
Financial Balance	−36 000	−40 000	−119 000	−108 000
Earnings Before Tax	313 000	−425 000	404 000	405 000
Tax	70 000	−91 000	90 000	90 000
Net Income	242 000	−334 000	315 000	314 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	222 000	321 000	288 000	442 000
Total Current Assets	3 938 000	3 933 000	3 743 000	3 420 000
Total Assets	4 160 000	4 254 000	4 031 000	3 861 000
Total Retained Equity	673 000	430 000	764 000	449 000
Total Equity	1 540 000	1 297 000	1 464 000	1 149 000
Total Long-Term Debt	842 000	983 000	746 000	872 000
Total Current Debt	1 779 000	1 973 000	1 821 000	1 840 000
Total Equity and Debt	4 160 000	4 254 000	4 031 000	3 861 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 520 000	5 955 000	8 181 000	7 650 000
Other Income	2 000	125 000	150 000	0
Revenue	6 522 000	6 080 000	8 331 000	7 650 000
Cost of Goods Sold	2 196 000	2 864 000	4 695 000	3 423 000
Salary Costs	2 459 000	2 120 000	1 661 000	2 319 000
Depreciation	26 000	28 000	37 000	52 000
Impairment	0	0	0	0
Expenditure	6 173 000	6 465 000	7 827 000	7 138 000
Operating Profit	348 000	−385 000	524 000	512 000
Financial Income	12 000	13 000	15 000	8 000
Financial Costs	48 000	53 000	134 000	116 000
Financial Balance	−36 000	−40 000	−119 000	−108 000
Dividends	0	0	0	0
Net Income	242 000	−334 000	315 000	314 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	101 000	171 000	80 000	169 000
Real Eastate	17 000	25 000	32 000	18 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	39 000	60 000	108 000
Total Tangible Assets	65 000	64 000	92 000	126 000
Total Fiancial Fixed Assets	56 000	86 000	116 000	146 000
Total Fixed Assets	222 000	321 000	288 000	442 000
Stock	2 648 000	2 791 000	2 758 000	2 699 000
Total Investments	0	0	0	0
Cash, Bank	153 000	134 000	76 000	93 000
Total Current Assets	3 938 000	3 933 000	3 743 000	3 420 000
Total Assets	4 160 000	4 254 000	4 031 000	3 861 000
Total Equity	1 540 000	1 297 000	1 464 000	1 149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	842 000	983 000	746 000	872 000
Creditors	354 000	864 000	462 000	182 000
Unpaid Taxes	348 000	336 000	349 000	299 000
Dividends	0	0	0	0
Other Current Debt	453 000	423 000	684 000	931 000
Total Current Debt	1 779 000	1 973 000	1 821 000	1 840 000
Total Equity and Debt	4 160 000	4 254 000	4 031 000	3 861 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,71 %	−25,75 %	21,52 %	27,33 %
Debt-to-Equity Ratio	0,55	0,76	0,51	0,76
Operating Profit Margin	5,34 %	−6,33 %	6,29 %	6,69 %
Current Ratio	2,21	1,99	2,06	1,86
Quick Ratio	−4,53	−4,81	−3,99	−3,98
Equity Ratio	0,37	0,3	0,36	0,3
Gross Profit Margin	66,33 %	52,89 %	43,64 %	55,25 %