VEO HOLDING AS

2020 SKEDSMOKORSET

Finances

Return on Equity

−2,76 %

Current Ratio

16,81

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	268 000	292 000	239 000	327 000
Net Income	−229 000	212 000	2 017 000	−1 256 000
Total Assets	8 933 000	8 848 000	12 452 000	6 387 000
Total Equity	8 289 000	8 517 000	8 306 000	6 289 000

Income (NOK)	2022	2021	2020	2019
Revenue	268 000	292 000	239 000	327 000
Expenditure	457 000	318 000	267 000	373 000
Operating Profit	−190 000	−26 000	−27 000	−45 000
Financial Income	57 000	312 000	2 371 000	74 000
Financial Costs	125 000	87 000	359 000	1 281 000
Financial Balance	−68 000	225 000	2 012 000	−1 207 000
Earnings Before Tax	−258 000	199 000	1 985 000	−1 253 000
Tax	−29 000	−12 000	−32 000	3 000
Net Income	−229 000	212 000	2 017 000	−1 256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 639 000	8 115 000	9 271 000	4 097 000
Total Current Assets	1 294 000	734 000	3 181 000	2 290 000
Total Assets	8 933 000	8 848 000	12 452 000	6 387 000
Total Retained Equity	8 030 000	8 259 000	8 047 000	6 030 000
Total Equity	8 289 000	8 517 000	8 306 000	6 289 000
Total Long-Term Debt	567 000	290 000	845 000	12 000
Total Current Debt	77 000	41 000	3 301 000	87 000
Total Equity and Debt	8 933 000	8 848 000	12 452 000	6 387 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	268 000	292 000	239 000	327 000
Other Income	0	0	0	0
Revenue	268 000	292 000	239 000	327 000
Cost of Goods Sold	0	0	0	0
Salary Costs	39 000	38 000	41 000	37 000
Depreciation	91 000	88 000	71 000	71 000
Impairment	0	0	0	0
Expenditure	457 000	318 000	267 000	373 000
Operating Profit	−190 000	−26 000	−27 000	−45 000
Financial Income	57 000	312 000	2 371 000	74 000
Financial Costs	125 000	87 000	359 000	1 281 000
Financial Balance	−68 000	225 000	2 012 000	−1 207 000
Dividends	0	0	0	0
Net Income	−229 000	212 000	2 017 000	−1 256 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	62 000	33 000	20 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	272 000	363 000	399 000	470 000
Total Tangible Assets	272 000	363 000	399 000	470 000
Total Fiancial Fixed Assets	7 305 000	7 719 000	8 851 000	3 628 000
Total Fixed Assets	7 639 000	8 115 000	9 271 000	4 097 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 275 000	734 000	3 181 000	2 290 000
Total Current Assets	1 294 000	734 000	3 181 000	2 290 000
Total Assets	8 933 000	8 848 000	12 452 000	6 387 000
Total Equity	8 289 000	8 517 000	8 306 000	6 289 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	567 000	290 000	845 000	12 000
Creditors	26 000	1 000	0	28 000
Unpaid Taxes	5 000	0	21 000	11 000
Dividends	0	0	0	0
Other Current Debt	46 000	40 000	3 280 000	48 000
Total Current Debt	77 000	41 000	3 301 000	87 000
Total Equity and Debt	8 933 000	8 848 000	12 452 000	6 387 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,76 %	2,49 %	24,28 %	−19,97 %
Debt-to-Equity Ratio	0,07	0,03	0,1	0
Operating Profit Margin	−70,9 %	−8,9 %	−11,3 %	−13,76 %
Current Ratio	16,81	17,9	0,96	26,32
Quick Ratio	16,81	17,9	0,96	26,32
Equity Ratio	0,93	0,96	0,67	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %