VEITVET TANNLEGEKONTOR AS

0596 OSLO

Finances

Return on Equity

15,92 %

Current Ratio

5,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 455 000	4 403 000	3 985 000	4 182 000
Net Income	798 000	1 382 000	1 232 000	845 000
Total Assets	5 818 000	5 839 000	4 449 000	4 544 000
Total Equity	5 011 000	4 213 000	3 830 000	2 598 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 455 000	4 403 000	3 985 000	4 182 000
Expenditure	3 313 000	2 815 000	2 577 000	3 122 000
Operating Profit	1 142 000	1 588 000	1 409 000	1 060 000
Financial Income	219 000	149 000	144 000	25 000
Financial Costs	302 000	0	3 000	2 000
Financial Balance	−83 000	149 000	141 000	23 000
Earnings Before Tax	1 059 000	1 737 000	1 549 000	1 083 000
Tax	261 000	354 000	317 000	239 000
Net Income	798 000	1 382 000	1 232 000	845 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 025 000	1 178 000	1 365 000	1 557 000
Total Current Assets	4 793 000	4 660 000	3 084 000	2 988 000
Total Assets	5 818 000	5 839 000	4 449 000	4 544 000
Total Retained Equity	4 911 000	4 113 000	3 730 000	2 498 000
Total Equity	5 011 000	4 213 000	3 830 000	2 598 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	807 000	1 626 000	619 000	1 946 000
Total Equity and Debt	5 818 000	5 839 000	4 449 000	4 544 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 455 000	4 403 000	3 917 000	4 182 000
Other Income	0	0	68 000	0
Revenue	4 455 000	4 403 000	3 985 000	4 182 000
Cost of Goods Sold	405 000	549 000	476 000	628 000
Salary Costs	1 636 000	1 488 000	1 337 000	1 777 000
Depreciation	126 000	129 000	129 000	146 000
Impairment	0	0	0	0
Expenditure	3 313 000	2 815 000	2 577 000	3 122 000
Operating Profit	1 142 000	1 588 000	1 409 000	1 060 000
Financial Income	219 000	149 000	144 000	25 000
Financial Costs	302 000	0	3 000	2 000
Financial Balance	−83 000	149 000	141 000	23 000
Dividends	0	0	0	1 300 000
Net Income	798 000	1 382 000	1 232 000	845 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 000	25 000	18 000	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	169 000	267 000	396 000	525 000
Total Tangible Assets	169 000	267 000	396 000	525 000
Total Fiancial Fixed Assets	821 000	886 000	951 000	1 016 000
Total Fixed Assets	1 025 000	1 178 000	1 365 000	1 557 000
Stock	7 000	7 000	7 000	7 000
Total Investments	3 940 000	3 639 000	2 610 000	0
Cash, Bank	100 000	626 000	132 000	2 473 000
Total Current Assets	4 793 000	4 660 000	3 084 000	2 988 000
Total Assets	5 818 000	5 839 000	4 449 000	4 544 000
Total Equity	5 011 000	4 213 000	3 830 000	2 598 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	36 000	128 000	42 000	101 000
Unpaid Taxes	144 000	105 000	96 000	142 000
Dividends	0	0	0	1 300 000
Other Current Debt	357 000	232 000	161 000	165 000
Total Current Debt	807 000	1 626 000	619 000	1 946 000
Total Equity and Debt	5 818 000	5 839 000	4 449 000	4 544 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,92 %	32,8 %	32,17 %	32,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,63 %	36,07 %	35,36 %	25,35 %
Current Ratio	5,94	2,87	4,98	1,54
Quick Ratio	5,99	2,88	5,04	1,54
Equity Ratio	0,86	0,72	0,86	0,57
Gross Profit Margin	90,91 %	87,53 %	88,06 %	84,98 %