VETO BYGG AS

6425 MOLDE

Finances

Share Ownership

Return on Equity

29,81 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 684 000	113 000	1 025 000	582 000
Net Income	161 000	−404 000	−70 000	−516 000
Total Assets	861 000	4 611 000	1 616 000	1 816 000
Total Equity	540 000	378 000	782 000	852 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 684 000	113 000	1 025 000	582 000
Expenditure	1 260 000	451 000	1 071 000	1 221 000
Operating Profit	424 000	−338 000	−46 000	−639 000
Financial Income	0	0	0	0
Financial Costs	217 000	177 000	44 000	21 000
Financial Balance	−217 000	−177 000	−44 000	−21 000
Earnings Before Tax	207 000	−515 000	−90 000	−660 000
Tax	46 000	−112 000	−20 000	−145 000
Net Income	161 000	−404 000	−70 000	−516 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	465 000	566 000	520 000	565 000
Total Current Assets	396 000	4 045 000	1 096 000	1 250 000
Total Assets	861 000	4 611 000	1 616 000	1 816 000
Total Retained Equity	430 000	268 000	672 000	742 000
Total Equity	540 000	378 000	782 000	852 000
Total Long-Term Debt	0	3 714 000	616 000	704 000
Total Current Debt	321 000	519 000	218 000	260 000
Total Equity and Debt	861 000	4 611 000	1 616 000	1 816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	577 000	113 000	1 025 000	582 000
Other Income	1 107 000	0	0	0
Revenue	1 684 000	113 000	1 025 000	582 000
Cost of Goods Sold	83 000	51 000	203 000	224 000
Salary Costs	841 000	98 000	495 000	590 000
Depreciation	56 000	65 000	65 000	53 000
Impairment	0	0	0	0
Expenditure	1 260 000	451 000	1 071 000	1 221 000
Operating Profit	424 000	−338 000	−46 000	−639 000
Financial Income	0	0	0	0
Financial Costs	217 000	177 000	44 000	21 000
Financial Balance	−217 000	−177 000	−44 000	−21 000
Dividends	0	0	0	0
Net Income	161 000	−404 000	−70 000	−516 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	231 000	277 000	165 000	145 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	228 000	275 000	322 000	369 000
Fixtures	6 000	15 000	33 000	51 000
Total Tangible Assets	234 000	290 000	355 000	420 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	465 000	566 000	520 000	565 000
Stock	0	4 037 000	1 012 000	1 007 000
Total Investments	0	0	0	0
Cash, Bank	396 000	5 000	84 000	192 000
Total Current Assets	396 000	4 045 000	1 096 000	1 250 000
Total Assets	861 000	4 611 000	1 616 000	1 816 000
Total Equity	540 000	378 000	782 000	852 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 714 000	616 000	704 000
Creditors	62 000	195 000	6 000	6 000
Unpaid Taxes	62 000	2 000	32 000	80 000
Dividends	0	0	0	0
Other Current Debt	197 000	139 000	180 000	174 000
Total Current Debt	321 000	519 000	218 000	260 000
Total Equity and Debt	861 000	4 611 000	1 616 000	1 816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,81 %	−106,88 %	−8,95 %	−60,56 %
Debt-to-Equity Ratio	0	9,83	0,79	0,83
Operating Profit Margin	25,18 %	−299,12 %	−4,49 %	−109,79 %
Current Ratio	1,23	7,79	5,03	4,81
Quick Ratio	1,23	−1,15	−1,38	−1,67
Equity Ratio	0,63	0,08	0,48	0,47
Gross Profit Margin	95,07 %	54,87 %	80,2 %	61,51 %