VEIBAKKEN AS

9151 STORSLETT

Finances

Share Ownership

Return on Equity

−3,35 %

Current Ratio

12,88

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 825 000	1 814 000	2 381 000	2 624 000
Net Income	−84 000	97 000	−89 000	284 000
Total Assets	3 712 000	3 273 000	3 395 000	3 392 000
Total Equity	2 511 000	2 595 000	2 498 000	2 587 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 825 000	1 814 000	2 381 000	2 624 000
Expenditure	1 896 000	1 663 000	2 466 000	2 249 000
Operating Profit	−71 000	151 000	−85 000	375 000
Financial Income	6 000	0	8 000	10 000
Financial Costs	28 000	26 000	37 000	20 000
Financial Balance	−22 000	−26 000	−29 000	−10 000
Earnings Before Tax	−92 000	125 000	−114 000	365 000
Tax	−9 000	28 000	−25 000	81 000
Net Income	−84 000	97 000	−89 000	284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 227 000	885 000	1 162 000	1 272 000
Total Current Assets	2 485 000	2 388 000	2 233 000	2 121 000
Total Assets	3 712 000	3 273 000	3 395 000	3 392 000
Total Retained Equity	2 411 000	2 495 000	2 398 000	2 487 000
Total Equity	2 511 000	2 595 000	2 498 000	2 587 000
Total Long-Term Debt	1 008 000	397 000	335 000	393 000
Total Current Debt	193 000	281 000	563 000	413 000
Total Equity and Debt	3 712 000	3 273 000	3 395 000	3 392 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 626 000	1 266 000	2 230 000	2 544 000
Other Income	199 000	548 000	150 000	80 000
Revenue	1 825 000	1 814 000	2 381 000	2 624 000
Cost of Goods Sold	39 000	4 000	275 000	−2 000
Salary Costs	588 000	567 000	414 000	668 000
Depreciation	198 000	165 000	182 000	163 000
Impairment	0	0	0	0
Expenditure	1 896 000	1 663 000	2 466 000	2 249 000
Operating Profit	−71 000	151 000	−85 000	375 000
Financial Income	6 000	0	8 000	10 000
Financial Costs	28 000	26 000	37 000	20 000
Financial Balance	−22 000	−26 000	−29 000	−10 000
Dividends	0	0	0	0
Net Income	−84 000	97 000	−89 000	284 000

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	221 000	340 000	119 000	137 000
Fixtures	602 000	86 000	335 000	639 000
Total Tangible Assets	823 000	427 000	454 000	775 000
Total Fiancial Fixed Assets	404 000	458 000	708 000	497 000
Total Fixed Assets	1 227 000	885 000	1 162 000	1 272 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 342 000	2 279 000	2 002 000	1 964 000
Total Current Assets	2 485 000	2 388 000	2 233 000	2 121 000
Total Assets	3 712 000	3 273 000	3 395 000	3 392 000
Total Equity	2 511 000	2 595 000	2 498 000	2 587 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 008 000	397 000	335 000	393 000
Creditors	54 000	176 000	420 000	101 000
Unpaid Taxes	45 000	25 000	20 000	108 000
Dividends	0	0	0	0
Other Current Debt	94 000	80 000	123 000	131 000
Total Current Debt	193 000	281 000	563 000	413 000
Total Equity and Debt	3 712 000	3 273 000	3 395 000	3 392 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,35 %	3,74 %	−3,56 %	10,98 %
Debt-to-Equity Ratio	0,4	0,15	0,13	0,15
Operating Profit Margin	−3,89 %	8,32 %	−3,57 %	14,29 %
Current Ratio	12,88	8,5	3,97	5,14
Quick Ratio	12,88	8,5	3,97	5,14
Equity Ratio	0,68	0,79	0,74	0,76
Gross Profit Margin	97,86 %	99,78 %	88,45 %	100,08 %