VEIDEC NORGE AS

1640 RÅDE

Finances

Share Ownership

Return on Equity

−40,47 %

Current Ratio

5,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 016 000	1 906 000	7 760 000	1 106 000
Net Income	−293 000	−56 000	1 777 000	−103 000
Total Assets	884 000	1 335 000	3 044 000	344 000
Total Equity	724 000	1 017 000	1 073 000	71 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 016 000	1 906 000	7 760 000	1 106 000
Expenditure	1 302 000	1 951 000	5 555 000	1 207 000
Operating Profit	−287 000	−45 000	2 204 000	−101 000
Financial Income	1 000	0	0	0
Financial Costs	8 000	11 000	3 000	3 000
Financial Balance	−7 000	−11 000	−3 000	−3 000
Earnings Before Tax	−293 000	−56 000	2 201 000	−103 000
Tax	0	0	424 000	0
Net Income	−293 000	−56 000	1 777 000	−103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 000	474 000	600 000	0
Total Current Assets	817 000	861 000	2 444 000	344 000
Total Assets	884 000	1 335 000	3 044 000	344 000
Total Retained Equity	424 000	717 000	773 000	−229 000
Total Equity	724 000	1 017 000	1 073 000	71 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	160 000	318 000	1 971 000	272 000
Total Equity and Debt	884 000	1 335 000	3 044 000	344 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 016 000	1 906 000	7 760 000	1 106 000
Other Income	0	0	0	0
Revenue	1 016 000	1 906 000	7 760 000	1 106 000
Cost of Goods Sold	808 000	908 000	3 543 000	951 000
Salary Costs	108 000	450 000	999 000	85 000
Depreciation	37 000	60 000	60 000	0
Impairment	0	0	0	0
Expenditure	1 302 000	1 951 000	5 555 000	1 207 000
Operating Profit	−287 000	−45 000	2 204 000	−101 000
Financial Income	1 000	0	0	0
Financial Costs	8 000	11 000	3 000	3 000
Financial Balance	−7 000	−11 000	−3 000	−3 000
Dividends	0	0	775 000	0
Net Income	−293 000	−56 000	1 777 000	−103 000

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	67 000	197 000	350 000	0
Total Tangible Assets	67 000	197 000	350 000	0
Total Fiancial Fixed Assets	0	277 000	250 000	0
Total Fixed Assets	67 000	474 000	600 000	0
Stock	591 000	653 000	643 000	74 000
Total Investments	0	0	0	0
Cash, Bank	126 000	80 000	1 532 000	38 000
Total Current Assets	817 000	861 000	2 444 000	344 000
Total Assets	884 000	1 335 000	3 044 000	344 000
Total Equity	724 000	1 017 000	1 073 000	71 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	115 000	112 000	276 000	189 000
Unpaid Taxes	0	109 000	98 000	42 000
Dividends	0	0	775 000	0
Other Current Debt	45 000	97 000	398 000	41 000
Total Current Debt	160 000	318 000	1 971 000	272 000
Total Equity and Debt	884 000	1 335 000	3 044 000	344 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,47 %	−5,51 %	165,61 %	−145,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−28,25 %	−2,36 %	28,4 %	−9,13 %
Current Ratio	5,11	2,71	1,24	1,26
Quick Ratio	−1,9	−2,57	1,84	1,74
Equity Ratio	0,82	0,76	0,35	0,21
Gross Profit Margin	20,47 %	52,36 %	54,34 %	14,01 %