VEITA INVEST AS

7670 INDERØY

Finances

Return on Equity

105 %

Current Ratio

1,53

Debt-to-Equity Ratio

2,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	864 000	835 000	931 000	974 000
Net Income	147 000	−87 000	−119 000	−50 000
Total Assets	830 000	1 123 000	1 558 000	1 743 000
Total Equity	140 000	−7 000	80 000	199 000

Income (NOK)	2022	2021	2020	2019
Revenue	864 000	835 000	931 000	974 000
Expenditure	754 000	926 000	869 000	948 000
Operating Profit	109 000	−92 000	62 000	27 000
Financial Income	41 000	5 000	70 000	35 000
Financial Costs	0	0	236 000	96 000
Financial Balance	41 000	5 000	−166 000	−61 000
Earnings Before Tax	150 000	−87 000	−104 000	−34 000
Tax	3 000	0	15 000	16 000
Net Income	147 000	−87 000	−119 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	353 000	372 000	404 000	746 000
Total Current Assets	477 000	752 000	1 154 000	997 000
Total Assets	830 000	1 123 000	1 558 000	1 743 000
Total Retained Equity	40 000	−107 000	−20 000	99 000
Total Equity	140 000	−7 000	80 000	199 000
Total Long-Term Debt	380 000	837 000	1 037 000	1 168 000
Total Current Debt	311 000	294 000	442 000	376 000
Total Equity and Debt	830 000	1 123 000	1 558 000	1 743 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	587 000	575 000	603 000	596 000
Other Income	277 000	260 000	328 000	378 000
Revenue	864 000	835 000	931 000	974 000
Cost of Goods Sold	13 000	10 000	124 000	141 000
Salary Costs	38 000	83 000	0	0
Depreciation	19 000	32 000	72 000	110 000
Impairment	0	0	0	0
Expenditure	754 000	926 000	869 000	948 000
Operating Profit	109 000	−92 000	62 000	27 000
Financial Income	41 000	5 000	70 000	35 000
Financial Costs	0	0	236 000	96 000
Financial Balance	41 000	5 000	−166 000	−61 000
Dividends	0	0	0	0
Net Income	147 000	−87 000	−119 000	−50 000

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	29 000	48 000	80 000	152 000
Total Tangible Assets	29 000	48 000	80 000	152 000
Total Fiancial Fixed Assets	324 000	324 000	324 000	594 000
Total Fixed Assets	353 000	372 000	404 000	746 000
Stock	0	0	0	0
Total Investments	0	159 000	456 000	811 000
Cash, Bank	381 000	412 000	593 000	105 000
Total Current Assets	477 000	752 000	1 154 000	997 000
Total Assets	830 000	1 123 000	1 558 000	1 743 000
Total Equity	140 000	−7 000	80 000	199 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	380 000	837 000	1 037 000	1 168 000
Creditors	112 000	109 000	18 000	−2 000
Unpaid Taxes	106 000	65 000	117 000	86 000
Dividends	0	0	0	0
Other Current Debt	90 000	121 000	292 000	276 000
Total Current Debt	311 000	294 000	442 000	376 000
Total Equity and Debt	830 000	1 123 000	1 558 000	1 743 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105 %	1 242,86 %	−148,75 %	−25,13 %
Debt-to-Equity Ratio	2,71	−119,57	12,96	5,87
Operating Profit Margin	12,62 %	−11,02 %	6,66 %	2,77 %
Current Ratio	1,53	2,56	2,61	2,65
Quick Ratio	1,53	2,56	2,61	2,65
Equity Ratio	0,17	−0,01	0,05	0,11
Gross Profit Margin	98,5 %	98,8 %	86,68 %	85,52 %