VETNES BYGG AS

4516 MANDAL

Finances

Share Ownership

Return on Equity

64,92 %

Current Ratio

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 032 000	27 734 000	17 603 000	20 062 000
Net Income	396 000	36 000	37 000	−644 000
Total Assets	9 185 000	7 387 000	5 291 000	4 404 000
Total Equity	610 000	597 000	560 000	524 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 032 000	27 734 000	17 603 000	20 062 000
Expenditure	31 437 000	27 605 000	17 492 000	20 826 000
Operating Profit	596 000	129 000	111 000	−764 000
Financial Income	0	0	2 000	0
Financial Costs	86 000	83 000	66 000	62 000
Financial Balance	−86 000	−83 000	−64 000	−62 000
Earnings Before Tax	509 000	47 000	47 000	−826 000
Tax	114 000	10 000	10 000	−182 000
Net Income	396 000	36 000	37 000	−644 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	830 000	1 292 000	1 059 000	830 000
Total Current Assets	8 355 000	6 095 000	4 232 000	3 574 000
Total Assets	9 185 000	7 387 000	5 291 000	4 404 000
Total Retained Equity	0	−203 000	−240 000	−276 000
Total Equity	610 000	597 000	560 000	524 000
Total Long-Term Debt	261 000	601 000	955 000	163 000
Total Current Debt	8 314 000	6 190 000	3 776 000	3 717 000
Total Equity and Debt	9 185 000	7 387 000	5 291 000	4 404 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 469 000	27 698 000	17 603 000	20 062 000
Other Income	564 000	36 000	0	0
Revenue	32 032 000	27 734 000	17 603 000	20 062 000
Cost of Goods Sold	18 743 000	16 732 000	10 658 000	15 936 000
Salary Costs	9 172 000	7 335 000	4 296 000	2 741 000
Depreciation	255 000	239 000	269 000	223 000
Impairment	0	0	0	0
Expenditure	31 437 000	27 605 000	17 492 000	20 826 000
Operating Profit	596 000	129 000	111 000	−764 000
Financial Income	0	0	2 000	0
Financial Costs	86 000	83 000	66 000	62 000
Financial Balance	−86 000	−83 000	−64 000	−62 000
Dividends	0	0	0	0
Net Income	396 000	36 000	37 000	−644 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	89 000	185 000	195 000	205 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	287 000	398 000	446 000	401 000
Fixtures	454 000	335 000	66 000	90 000
Total Tangible Assets	741 000	734 000	512 000	491 000
Total Fiancial Fixed Assets	0	374 000	352 000	134 000
Total Fixed Assets	830 000	1 292 000	1 059 000	830 000
Stock	50 000	50 000	50 000	50 000
Total Investments	0	0	0	0
Cash, Bank	124 000	113 000	79 000	84 000
Total Current Assets	8 355 000	6 095 000	4 232 000	3 574 000
Total Assets	9 185 000	7 387 000	5 291 000	4 404 000
Total Equity	610 000	597 000	560 000	524 000
Short-Term Group Debt	57 000	0	0	0
Total Long-Term Debt	261 000	601 000	955 000	163 000
Creditors	4 633 000	3 508 000	1 598 000	1 725 000
Unpaid Taxes	1 316 000	969 000	833 000	605 000
Dividends	0	0	0	0
Other Current Debt	1 461 000	1 394 000	773 000	557 000
Total Current Debt	8 314 000	6 190 000	3 776 000	3 717 000
Total Equity and Debt	9 185 000	7 387 000	5 291 000	4 404 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,92 %	6,03 %	6,61 %	−122,9 %
Debt-to-Equity Ratio	0,43	1,01	1,71	0,31
Operating Profit Margin	1,86 %	0,47 %	0,63 %	−3,81 %
Current Ratio	1	0,98	1,12	0,96
Quick Ratio	1,01	0,99	1,14	0,97
Equity Ratio	0,07	0,08	0,11	0,12
Gross Profit Margin	41,49 %	39,67 %	39,45 %	20,57 %