VERAS GLASSMAGASIN AS

5239 RÅDAL

Finances

Share Ownership

Return on Equity

−15,35 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 559 000	10 998 000	10 521 000	9 849 000
Net Income	−148 000	705 000	594 000	−205 000
Total Assets	4 960 000	5 704 000	4 012 000	2 801 000
Total Equity	964 000	1 447 000	742 000	−102 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 559 000	10 998 000	10 521 000	9 849 000
Expenditure	10 620 000	10 035 000	9 659 000	10 183 000
Operating Profit	−61 000	963 000	862 000	−333 000
Financial Income	4 000	0	0	0
Financial Costs	113 000	54 000	100 000	140 000
Financial Balance	−109 000	−54 000	−100 000	−140 000
Earnings Before Tax	−171 000	909 000	762 000	−474 000
Tax	−23 000	204 000	168 000	−269 000
Net Income	−148 000	705 000	594 000	−205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	195 000	224 000	315 000	567 000
Total Current Assets	4 765 000	5 479 000	3 697 000	2 234 000
Total Assets	4 960 000	5 704 000	4 012 000	2 801 000
Total Retained Equity	44 000	282 000	−423 000	−1 017 000
Total Equity	964 000	1 447 000	742 000	−102 000
Total Long-Term Debt	125 000	225 000	325 000	425 000
Total Current Debt	3 871 000	4 032 000	2 946 000	2 478 000
Total Equity and Debt	4 960 000	5 704 000	4 012 000	2 801 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 559 000	10 998 000	10 397 000	9 849 000
Other Income	0	0	123 000	0
Revenue	10 559 000	10 998 000	10 521 000	9 849 000
Cost of Goods Sold	5 773 000	5 641 000	5 735 000	5 686 000
Salary Costs	1 919 000	1 682 000	1 429 000	1 713 000
Depreciation	92 000	91 000	84 000	84 000
Impairment	0	0	0	0
Expenditure	10 620 000	10 035 000	9 659 000	10 183 000
Operating Profit	−61 000	963 000	862 000	−333 000
Financial Income	4 000	0	0	0
Financial Costs	113 000	54 000	100 000	140 000
Financial Balance	−109 000	−54 000	−100 000	−140 000
Dividends	335 000	0	0	0
Net Income	−148 000	705 000	594 000	−205 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	47 000	24 000	101 000	269 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	148 000	201 000	214 000	298 000
Total Tangible Assets	148 000	201 000	214 000	298 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	195 000	224 000	315 000	567 000
Stock	2 251 000	1 950 000	1 650 000	1 796 000
Total Investments	0	0	0	0
Cash, Bank	1 472 000	2 734 000	1 980 000	145 000
Total Current Assets	4 765 000	5 479 000	3 697 000	2 234 000
Total Assets	4 960 000	5 704 000	4 012 000	2 801 000
Total Equity	964 000	1 447 000	742 000	−102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	125 000	225 000	325 000	425 000
Creditors	2 376 000	2 396 000	2 022 000	1 617 000
Unpaid Taxes	686 000	1 081 000	616 000	505 000
Dividends	335 000	0	0	0
Other Current Debt	473 000	427 000	308 000	356 000
Total Current Debt	3 871 000	4 032 000	2 946 000	2 478 000
Total Equity and Debt	4 960 000	5 704 000	4 012 000	2 801 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,35 %	48,72 %	80,05 %	200,98 %
Debt-to-Equity Ratio	0,13	0,16	0,44	−4,17
Operating Profit Margin	−0,58 %	8,76 %	8,19 %	−3,38 %
Current Ratio	1,23	1,36	1,25	0,9
Quick Ratio	2,94	2,63	2,85	3,28
Equity Ratio	0,19	0,25	0,18	−0,04
Gross Profit Margin	45,33 %	48,71 %	45,49 %	42,27 %