VEAVÅGEN INDUSTRI AS

4270 ÅKREHAMN

Finances

Share Ownership

Return on Equity

−7,45 %

Current Ratio

0,01

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−55 000	−53 000	−50 000	−42 000
Total Assets	1 658 000	1 662 000	1 658 000	1 671 000
Total Equity	738 000	793 000	857 000	938 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	34 000	36 000	38 000	33 000
Operating Profit	−34 000	−36 000	−38 000	−33 000
Financial Income	0	0	0	0
Financial Costs	36 000	32 000	27 000	20 000
Financial Balance	−36 000	−32 000	−27 000	−20 000
Earnings Before Tax	−70 000	−68 000	−64 000	−53 000
Tax	−15 000	−15 000	−14 000	−12 000
Net Income	−55 000	−53 000	−50 000	−42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 651 000	1 651 000	1 651 000	1 651 000
Total Current Assets	6 000	10 000	7 000	19 000
Total Assets	1 658 000	1 662 000	1 658 000	1 671 000
Total Retained Equity	588 000	643 000	707 000	788 000
Total Equity	738 000	793 000	857 000	938 000
Total Long-Term Debt	57 000	73 000	91 000	113 000
Total Current Debt	863 000	796 000	710 000	620 000
Total Equity and Debt	1 658 000	1 662 000	1 658 000	1 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	34 000	36 000	38 000	33 000
Operating Profit	−34 000	−36 000	−38 000	−33 000
Financial Income	0	0	0	0
Financial Costs	36 000	32 000	27 000	20 000
Financial Balance	−36 000	−32 000	−27 000	−20 000
Dividends	0	0	0	0
Net Income	−55 000	−53 000	−50 000	−42 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 651 000	1 651 000	1 651 000	1 651 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 651 000	1 651 000	1 651 000	1 651 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 651 000	1 651 000	1 651 000	1 651 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	10 000	7 000	19 000
Total Current Assets	6 000	10 000	7 000	19 000
Total Assets	1 658 000	1 662 000	1 658 000	1 671 000
Total Equity	738 000	793 000	857 000	938 000
Short-Term Group Debt	863 000	796 000	710 000	620 000
Total Long-Term Debt	57 000	73 000	91 000	113 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	863 000	796 000	710 000	620 000
Total Equity and Debt	1 658 000	1 662 000	1 658 000	1 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,45 %	−6,68 %	−5,83 %	−4,48 %
Debt-to-Equity Ratio	0,08	0,09	0,11	0,12
Operating Profit Margin	-	-	-	-
Current Ratio	0,01	0,01	0,01	0,03
Quick Ratio	0,01	0,01	0,01	0,03
Equity Ratio	0,45	0,48	0,52	0,56
Gross Profit Margin	-	-	-	-