VELICO AS

4612 KRISTIANSAND S

Finances

Return on Equity

39,86 %

Current Ratio

0,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 984 000	31 465 000	35 661 000	32 128 000
Net Income	2 735 000	2 481 000	4 008 000	4 019 000
Total Assets	14 430 000	15 624 000	16 899 000	12 796 000
Total Equity	6 861 000	6 861 000	6 861 000	6 861 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 984 000	31 465 000	35 661 000	32 128 000
Expenditure	32 773 000	29 752 000	33 610 000	29 370 000
Operating Profit	2 210 000	1 712 000	2 052 000	2 757 000
Financial Income	1 139 000	1 297 000	2 791 000	1 945 000
Financial Costs	166 000	197 000	387 000	86 000
Financial Balance	973 000	1 100 000	2 404 000	1 859 000
Earnings Before Tax	3 183 000	2 812 000	4 456 000	4 616 000
Tax	448 000	331 000	448 000	597 000
Net Income	2 735 000	2 481 000	4 008 000	4 019 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 950 000	6 950 000	6 950 000	6 975 000
Total Current Assets	7 480 000	8 674 000	9 949 000	5 822 000
Total Assets	14 430 000	15 624 000	16 899 000	12 796 000
Total Retained Equity	0	0	0	0
Total Equity	6 861 000	6 861 000	6 861 000	6 861 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 569 000	8 763 000	10 038 000	5 935 000
Total Equity and Debt	14 430 000	15 624 000	16 899 000	12 796 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 984 000	31 465 000	35 661 000	32 116 000
Other Income	0	0	0	12 000
Revenue	34 984 000	31 465 000	35 661 000	32 128 000
Cost of Goods Sold	25 719 000	23 781 000	27 479 000	24 237 000
Salary Costs	5 515 000	2 288 000	2 379 000	2 285 000
Depreciation	0	0	8 000	57 000
Impairment	0	0	0	0
Expenditure	32 773 000	29 752 000	33 610 000	29 370 000
Operating Profit	2 210 000	1 712 000	2 052 000	2 757 000
Financial Income	1 139 000	1 297 000	2 791 000	1 945 000
Financial Costs	166 000	197 000	387 000	86 000
Financial Balance	973 000	1 100 000	2 404 000	1 859 000
Dividends	2 735 000	2 481 000	4 008 000	4 019 000
Net Income	2 735 000	2 481 000	4 008 000	4 019 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	8 000
Total Tangible Assets	0	0	0	8 000
Total Fiancial Fixed Assets	6 950 000	6 950 000	6 950 000	6 954 000
Total Fixed Assets	6 950 000	6 950 000	6 950 000	6 975 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	953 000	68 000	94 000	284 000
Total Current Assets	7 480 000	8 674 000	9 949 000	5 822 000
Total Assets	14 430 000	15 624 000	16 899 000	12 796 000
Total Equity	6 861 000	6 861 000	6 861 000	6 861 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 383 000	2 676 000	2 219 000	52 000
Unpaid Taxes	1 688 000	438 000	341 000	916 000
Dividends	2 735 000	2 481 000	4 008 000	4 019 000
Other Current Debt	315 000	2 517 000	357 000	398 000
Total Current Debt	7 569 000	8 763 000	10 038 000	5 935 000
Total Equity and Debt	14 430 000	15 624 000	16 899 000	12 796 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,86 %	36,16 %	58,42 %	58,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,32 %	5,44 %	5,75 %	8,58 %
Current Ratio	0,99	0,99	0,99	0,98
Quick Ratio	0,99	0,99	0,99	0,98
Equity Ratio	0,48	0,44	0,41	0,54
Gross Profit Margin	26,48 %	24,42 %	22,94 %	24,56 %