VEKA KRAFT AS

4208 SAUDASJØEN

Finances

Share Ownership

Return on Equity

63,95 %

Current Ratio

1,84

Debt-to-Equity Ratio

1,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 680 000	4 088 000	927 000	2 491 000
Net Income	6 575 000	1 370 000	−774 000	154 000
Total Assets	25 388 000	21 570 000	22 005 000	21 224 000
Total Equity	10 282 000	5 323 000	4 453 000	5 227 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 680 000	4 088 000	927 000	2 491 000
Expenditure	2 774 000	1 820 000	1 392 000	1 670 000
Operating Profit	8 907 000	2 269 000	−464 000	821 000
Financial Income	14 000	6 000	6 000	6 000
Financial Costs	490 000	519 000	534 000	630 000
Financial Balance	−476 000	−513 000	−528 000	−624 000
Earnings Before Tax	8 430 000	1 756 000	−992 000	197 000
Tax	1 855 000	386 000	−218 000	43 000
Net Income	6 575 000	1 370 000	−774 000	154 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 950 000	17 441 000	18 045 000	18 422 000
Total Current Assets	8 438 000	4 129 000	3 959 000	2 801 000
Total Assets	25 388 000	21 570 000	22 005 000	21 224 000
Total Retained Equity	5 412 000	453 000	−417 000	357 000
Total Equity	10 282 000	5 323 000	4 453 000	5 227 000
Total Long-Term Debt	10 517 000	14 385 000	16 189 000	15 436 000
Total Current Debt	4 589 000	1 861 000	1 362 000	560 000
Total Equity and Debt	25 388 000	21 570 000	22 005 000	21 224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 680 000	3 997 000	489 000	2 491 000
Other Income	0	91 000	438 000	0
Revenue	11 680 000	4 088 000	927 000	2 491 000
Cost of Goods Sold	−85 000	238 000	111 000	139 000
Salary Costs	0	0	0	0
Depreciation	491 000	491 000	491 000	491 000
Impairment	0	0	0	0
Expenditure	2 774 000	1 820 000	1 392 000	1 670 000
Operating Profit	8 907 000	2 269 000	−464 000	821 000
Financial Income	14 000	6 000	6 000	6 000
Financial Costs	490 000	519 000	534 000	630 000
Financial Balance	−476 000	−513 000	−528 000	−624 000
Dividends	1 616 000	500 000	0	0
Net Income	6 575 000	1 370 000	−774 000	154 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	114 000	0
Real Eastate	16 506 000	16 978 000	17 450 000	17 922 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	445 000	463 000	482 000	500 000
Total Tangible Assets	16 950 000	17 441 000	17 932 000	18 422 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 950 000	17 441 000	18 045 000	18 422 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 486 000	3 384 000	2 229 000	2 464 000
Total Current Assets	8 438 000	4 129 000	3 959 000	2 801 000
Total Assets	25 388 000	21 570 000	22 005 000	21 224 000
Total Equity	10 282 000	5 323 000	4 453 000	5 227 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 517 000	14 385 000	16 189 000	15 436 000
Creditors	626 000	689 000	1 088 000	79 000
Unpaid Taxes	382 000	459 000	0	59 000
Dividends	1 616 000	500 000	0	0
Other Current Debt	102 000	54 000	275 000	422 000
Total Current Debt	4 589 000	1 861 000	1 362 000	560 000
Total Equity and Debt	25 388 000	21 570 000	22 005 000	21 224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,95 %	25,74 %	−17,38 %	2,95 %
Debt-to-Equity Ratio	1,02	2,7	3,64	2,95
Operating Profit Margin	76,26 %	55,5 %	−50,05 %	32,96 %
Current Ratio	1,84	2,22	2,91	5
Quick Ratio	1,84	2,22	2,91	5
Equity Ratio	0,4	0,25	0,2	0,25
Gross Profit Margin	100,73 %	94,18 %	88,03 %	94,42 %