VELDE EIGEDOMSUTVIKLING AS

5576 ØVRE VATS

Finances

Share Ownership

Return on Equity

44,25 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	705 000	560 000	477 000	461 000
Net Income	412 000	295 000	127 000	136 000
Total Assets	1 099 000	1 113 000	1 168 000	1 689 000
Total Equity	931 000	975 000	1 028 000	1 306 000

Income (NOK)	2022	2021	2020	2019
Revenue	705 000	560 000	477 000	461 000
Expenditure	177 000	181 000	319 000	290 000
Operating Profit	528 000	378 000	159 000	170 000
Financial Income	0	0	5 000	5 000
Financial Costs	0	0	0	0
Financial Balance	0	0	5 000	5 000
Earnings Before Tax	528 000	378 000	163 000	175 000
Tax	116 000	83 000	36 000	38 000
Net Income	412 000	295 000	127 000	136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	930 000	1 012 000	1 092 000	1 188 000
Total Current Assets	169 000	101 000	76 000	501 000
Total Assets	1 099 000	1 113 000	1 168 000	1 689 000
Total Retained Equity	0	0	0	4 000
Total Equity	931 000	975 000	1 028 000	1 306 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	168 000	137 000	140 000	383 000
Total Equity and Debt	1 099 000	1 113 000	1 168 000	1 689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	5 000
Other Income	705 000	560 000	477 000	456 000
Revenue	705 000	560 000	477 000	461 000
Cost of Goods Sold	0	0	4 000	0
Salary Costs	0	0	0	0
Depreciation	94 000	94 000	100 000	105 000
Impairment	0	0	0	0
Expenditure	177 000	181 000	319 000	290 000
Operating Profit	528 000	378 000	159 000	170 000
Financial Income	0	0	5 000	5 000
Financial Costs	0	0	0	0
Financial Balance	0	0	5 000	5 000
Dividends	0	0	0	240 000
Net Income	412 000	295 000	127 000	136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	134 000	122 000	107 000	98 000
Real Eastate	796 000	890 000	985 000	1 082 000
Machinery and Plant Facilities	0	0	0	8 000
Fixtures	0	0	0	0
Total Tangible Assets	796 000	890 000	985 000	1 090 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	930 000	1 012 000	1 092 000	1 188 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	90 000	33 000	61 000	333 000
Total Current Assets	169 000	101 000	76 000	501 000
Total Assets	1 099 000	1 113 000	1 168 000	1 689 000
Total Equity	931 000	975 000	1 028 000	1 306 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	6 000	19 000	6 000
Unpaid Taxes	168 000	131 000	76 000	83 000
Dividends	0	0	0	240 000
Other Current Debt	0	0	0	0
Total Current Debt	168 000	137 000	140 000	383 000
Total Equity and Debt	1 099 000	1 113 000	1 168 000	1 689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,25 %	30,26 %	12,35 %	10,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	74,89 %	67,5 %	33,33 %	36,88 %
Current Ratio	1,01	0,74	0,54	1,31
Quick Ratio	1,01	0,74	0,54	1,31
Equity Ratio	0,85	0,88	0,88	0,77
Gross Profit Margin	100 %	100 %	99,16 %	100 %