VETTUG AS

4325 SANDNES

Finances

Share Ownership

Return on Equity

20,36 %

Current Ratio

4,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 511 000	1 548 000	1 598 000	1 707 000
Net Income	224 000	187 000	285 000	376 000
Total Assets	1 451 000	1 288 000	1 227 000	1 208 000
Total Equity	1 100 000	950 000	845 000	657 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 511 000	1 548 000	1 598 000	1 707 000
Expenditure	1 232 000	1 310 000	1 237 000	1 228 000
Operating Profit	279 000	238 000	361 000	478 000
Financial Income	9 000	3 000	5 000	4 000
Financial Costs	0	0	1 000	0
Financial Balance	9 000	3 000	4 000	4 000
Earnings Before Tax	288 000	241 000	365 000	482 000
Tax	63 000	53 000	80 000	106 000
Net Income	224 000	187 000	285 000	376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	2 000	2 000	2 000
Total Current Assets	1 451 000	1 286 000	1 225 000	1 206 000
Total Assets	1 451 000	1 288 000	1 227 000	1 208 000
Total Retained Equity	1 050 000	900 000	795 000	607 000
Total Equity	1 100 000	950 000	845 000	657 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	351 000	338 000	382 000	551 000
Total Equity and Debt	1 451 000	1 288 000	1 227 000	1 208 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 509 000	1 548 000	1 598 000	1 707 000
Other Income	2 000	0	0	0
Revenue	1 511 000	1 548 000	1 598 000	1 707 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 165 000	1 188 000	1 165 000	1 172 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 232 000	1 310 000	1 237 000	1 228 000
Operating Profit	279 000	238 000	361 000	478 000
Financial Income	9 000	3 000	5 000	4 000
Financial Costs	0	0	1 000	0
Financial Balance	9 000	3 000	4 000	4 000
Dividends	75 000	82 000	97 000	175 000
Net Income	224 000	187 000	285 000	376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 000	2 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	2 000	2 000	2 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 318 000	1 148 000	1 126 000	860 000
Total Current Assets	1 451 000	1 286 000	1 225 000	1 206 000
Total Assets	1 451 000	1 288 000	1 227 000	1 208 000
Total Equity	1 100 000	950 000	845 000	657 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	1 000	5 000	0
Unpaid Taxes	80 000	86 000	86 000	156 000
Dividends	75 000	82 000	97 000	175 000
Other Current Debt	119 000	116 000	114 000	114 000
Total Current Debt	351 000	338 000	382 000	551 000
Total Equity and Debt	1 451 000	1 288 000	1 227 000	1 208 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,36 %	19,68 %	33,73 %	57,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,46 %	15,37 %	22,59 %	28 %
Current Ratio	4,13	3,8	3,21	2,19
Quick Ratio	4,13	3,8	3,21	2,19
Equity Ratio	0,76	0,74	0,69	0,54
Gross Profit Margin	100 %	100 %	100 %	100 %