VEITVEDT UTVIKLING AS

1405 LANGHUS

Finances

Share Ownership

Return on Equity

−195,59 %

Current Ratio

0,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	4 000	74 000	88 000
Net Income	−577 000	−283 000	−183 000	−247 000
Total Assets	19 062 000	17 297 000	14 369 000	10 786 000
Total Equity	295 000	281 000	264 000	242 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	4 000	74 000	88 000
Expenditure	60 000	41 000	43 000	77 000
Operating Profit	−60 000	−37 000	31 000	11 000
Financial Income	25 000	25 000	0	0
Financial Costs	705 000	351 000	266 000	329 000
Financial Balance	−680 000	−326 000	−266 000	−329 000
Earnings Before Tax	−740 000	−363 000	−235 000	−317 000
Tax	−163 000	−80 000	−52 000	−70 000
Net Income	−577 000	−283 000	−183 000	−247 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 279 000	16 886 000	14 106 000	10 396 000
Total Current Assets	783 000	411 000	263 000	390 000
Total Assets	19 062 000	17 297 000	14 369 000	10 786 000
Total Retained Equity	0	0	0	0
Total Equity	295 000	281 000	264 000	242 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 767 000	17 015 000	14 105 000	10 544 000
Total Equity and Debt	19 062 000	17 297 000	14 369 000	10 786 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	61 000	74 000
Other Income	0	4 000	12 000	15 000
Revenue	0	4 000	74 000	88 000
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	60 000	41 000	43 000	77 000
Operating Profit	−60 000	−37 000	31 000	11 000
Financial Income	25 000	25 000	0	0
Financial Costs	705 000	351 000	266 000	329 000
Financial Balance	−680 000	−326 000	−266 000	−329 000
Dividends	0	0	0	0
Net Income	−577 000	−283 000	−183 000	−247 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	20 000	24 000	31 000
Real Eastate	18 263 000	16 866 000	14 082 000	10 365 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 263 000	16 866 000	14 082 000	10 365 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 279 000	16 886 000	14 106 000	10 396 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	783 000	411 000	263 000	390 000
Total Assets	19 062 000	17 297 000	14 369 000	10 786 000
Total Equity	295 000	281 000	264 000	242 000
Short-Term Group Debt	18 767 000	17 003 000	14 036 000	10 491 000
Total Long-Term Debt	0	0	0	0
Creditors	0	12 000	69 000	16 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	37 000
Total Current Debt	18 767 000	17 015 000	14 105 000	10 544 000
Total Equity and Debt	19 062 000	17 297 000	14 369 000	10 786 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−195,59 %	−100,71 %	−69,32 %	−102,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−925 %	41,89 %	12,5 %
Current Ratio	0,04	0,02	0,02	0,04
Quick Ratio	0,04	0,02	0,02	0,04
Equity Ratio	0,02	0,02	0,02	0,02
Gross Profit Margin	-	100 %	100 %	100 %