VETO AS

3124 TØNSBERG

Finances

Return on Equity

61,37 %

Current Ratio

8,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 000	0	0	140 000
Net Income	899 000	835 000	1 087 000	86 000
Total Assets	1 645 000	2 218 000	1 376 000	1 300 000
Total Equity	1 465 000	2 047 000	1 212 000	1 255 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 000	0	0	140 000
Expenditure	16 000	8 000	63 000	28 000
Operating Profit	−9 000	−8 000	−63 000	112 000
Financial Income	908 000	843 000	1 150 000	0
Financial Costs	0	0	0	2 000
Financial Balance	908 000	843 000	1 150 000	−2 000
Earnings Before Tax	899 000	835 000	1 087 000	110 000
Tax	0	0	0	24 000
Net Income	899 000	835 000	1 087 000	86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	39 000	114 000	39 000
Total Current Assets	1 611 000	2 179 000	1 262 000	1 261 000
Total Assets	1 645 000	2 218 000	1 376 000	1 300 000
Total Retained Equity	1 365 000	1 947 000	1 112 000	1 155 000
Total Equity	1 465 000	2 047 000	1 212 000	1 255 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	180 000	170 000	164 000	45 000
Total Equity and Debt	1 645 000	2 218 000	1 376 000	1 300 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 000	0	0	140 000
Other Income	0	0	0	0
Revenue	7 000	0	0	140 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	16 000	8 000	63 000	28 000
Operating Profit	−9 000	−8 000	−63 000	112 000
Financial Income	908 000	843 000	1 150 000	0
Financial Costs	0	0	0	2 000
Financial Balance	908 000	843 000	1 150 000	−2 000
Dividends	810 000	977 000	1 130 000	0
Net Income	899 000	835 000	1 087 000	86 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	34 000	39 000	114 000	39 000
Total Fixed Assets	34 000	39 000	114 000	39 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	1 000	1 000	0
Total Current Assets	1 611 000	2 179 000	1 262 000	1 261 000
Total Assets	1 645 000	2 218 000	1 376 000	1 300 000
Total Equity	1 465 000	2 047 000	1 212 000	1 255 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	6 000	0	2 000
Unpaid Taxes	0	0	0	0
Dividends	810 000	977 000	1 130 000	0
Other Current Debt	180 000	140 000	140 000	19 000
Total Current Debt	180 000	170 000	164 000	45 000
Total Equity and Debt	1 645 000	2 218 000	1 376 000	1 300 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,37 %	40,79 %	89,69 %	6,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−128,57 %	-	-	80 %
Current Ratio	8,95	12,82	7,7	28,02
Quick Ratio	8,95	12,82	7,7	28,02
Equity Ratio	0,89	0,92	0,88	0,97
Gross Profit Margin	100 %	-	-	100 %