VETIMO AS

3420 LIERSKOGEN

Finances

Share Ownership

Return on Equity

−15,45 %

Current Ratio

7,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	390 000	258 000	317 000	166 000
Net Income	−188 000	−123 000	−94 000	1 569 000
Total Assets	1 377 000	1 473 000	1 584 000	1 665 000
Total Equity	1 217 000	1 405 000	1 527 000	1 621 000

Income (NOK)	2022	2021	2020	2019
Revenue	390 000	258 000	317 000	166 000
Expenditure	797 000	382 000	411 000	196 000
Operating Profit	−406 000	−123 000	−94 000	−30 000
Financial Income	218 000	0	0	1 601 000
Financial Costs	0	0	0	1 000
Financial Balance	218 000	0	0	1 600 000
Earnings Before Tax	−188 000	−123 000	−94 000	1 569 000
Tax	0	0	0	0
Net Income	−188 000	−123 000	−94 000	1 569 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	200 000	1 484 000	1 514 000	42 000
Total Current Assets	1 177 000	−12 000	70 000	1 623 000
Total Assets	1 377 000	1 473 000	1 584 000	1 665 000
Total Retained Equity	1 117 000	1 305 000	1 427 000	1 521 000
Total Equity	1 217 000	1 405 000	1 527 000	1 621 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	160 000	68 000	57 000	44 000
Total Equity and Debt	1 377 000	1 473 000	1 584 000	1 665 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	84 000	258 000	317 000	166 000
Other Income	306 000	0	0	0
Revenue	390 000	258 000	317 000	166 000
Cost of Goods Sold	4 000	0	0	0
Salary Costs	735 000	301 000	378 000	162 000
Depreciation	5 000	30 000	15 000	0
Impairment	0	0	0	0
Expenditure	797 000	382 000	411 000	196 000
Operating Profit	−406 000	−123 000	−94 000	−30 000
Financial Income	218 000	0	0	1 601 000
Financial Costs	0	0	0	1 000
Financial Balance	218 000	0	0	1 600 000
Dividends	0	0	0	0
Net Income	−188 000	−123 000	−94 000	1 569 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	200 000	1 442 000	1 472 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	200 000	1 442 000	1 472 000	0
Total Fiancial Fixed Assets	0	42 000	42 000	42 000
Total Fixed Assets	200 000	1 484 000	1 514 000	42 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 164 000	0	34 000	1 608 000
Total Current Assets	1 177 000	−12 000	70 000	1 623 000
Total Assets	1 377 000	1 473 000	1 584 000	1 665 000
Total Equity	1 217 000	1 405 000	1 527 000	1 621 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	0	0	5 000
Unpaid Taxes	98 000	0	13 000	26 000
Dividends	0	0	0	0
Other Current Debt	60 000	68 000	44 000	13 000
Total Current Debt	160 000	68 000	57 000	44 000
Total Equity and Debt	1 377 000	1 473 000	1 584 000	1 665 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,45 %	−8,75 %	−6,16 %	96,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−104,1 %	−47,67 %	−29,65 %	−18,07 %
Current Ratio	7,36	−0,18	1,23	36,89
Quick Ratio	7,36	−0,18	1,23	36,89
Equity Ratio	0,88	0,95	0,96	0,97
Gross Profit Margin	98,97 %	100 %	100 %	100 %