VETTEN AS

1605 FREDRIKSTAD

Finances

Return on Equity

35,06 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	142 000	1 304 000	960 000	996 000
Total Assets	1 155 000	2 251 000	1 935 000	1 615 000
Total Equity	405 000	1 013 000	709 000	749 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	24 000	16 000	21 000	18 000
Operating Profit	−24 000	−16 000	−21 000	−18 000
Financial Income	174 000	1 332 000	997 000	1 034 000
Financial Costs	8 000	11 000	17 000	19 000
Financial Balance	166 000	1 321 000	980 000	1 015 000
Earnings Before Tax	142 000	1 305 000	960 000	997 000
Tax	0	1 000	0	1 000
Net Income	142 000	1 304 000	960 000	996 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 000	217 000	217 000	217 000
Total Current Assets	1 090 000	2 034 000	1 718 000	1 398 000
Total Assets	1 155 000	2 251 000	1 935 000	1 615 000
Total Retained Equity	305 000	913 000	609 000	649 000
Total Equity	405 000	1 013 000	709 000	749 000
Total Long-Term Debt	0	237 000	226 000	204 000
Total Current Debt	750 000	1 001 000	1 000 000	662 000
Total Equity and Debt	1 155 000	2 251 000	1 935 000	1 615 000

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	24 000	16 000	21 000	18 000
Operating Profit	−24 000	−16 000	−21 000	−18 000
Financial Income	174 000	1 332 000	997 000	1 034 000
Financial Costs	8 000	11 000	17 000	19 000
Financial Balance	166 000	1 321 000	980 000	1 015 000
Dividends	750 000	1 000 000	1 000 000	650 000
Net Income	142 000	1 304 000	960 000	996 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	65 000	217 000	217 000	217 000
Total Fixed Assets	65 000	217 000	217 000	217 000
Stock	0	0	0	0
Total Investments	79 000	60 000	20 000	26 000
Cash, Bank	1 012 000	647 000	703 000	345 000
Total Current Assets	1 090 000	2 034 000	1 718 000	1 398 000
Total Assets	1 155 000	2 251 000	1 935 000	1 615 000
Total Equity	405 000	1 013 000	709 000	749 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	237 000	226 000	204 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	750 000	1 000 000	1 000 000	650 000
Other Current Debt	0	0	0	12 000
Total Current Debt	750 000	1 001 000	1 000 000	662 000
Total Equity and Debt	1 155 000	2 251 000	1 935 000	1 615 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,06 %	128,73 %	135,4 %	132,98 %
Debt-to-Equity Ratio	0	0,23	0,32	0,27
Operating Profit Margin	-	-	-	-
Current Ratio	1,45	2,03	1,72	2,11
Quick Ratio	1,45	2,03	1,72	2,11
Equity Ratio	0,35	0,45	0,37	0,46
Gross Profit Margin	-	-	-	-