VELLEVEIEN 60 AS

3153 TOLVSRØD

Finances

Share Ownership

Return on Equity

27,92 %

Current Ratio

2,15

Debt-to-Equity Ratio

11,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	312 000	284 000	238 000	224 000
Net Income	74 000	62 000	−13 000	92 000
Total Assets	3 397 000	3 462 000	3 507 000	3 612 000
Total Equity	265 000	192 000	129 000	142 000

Income (NOK)	2022	2021	2020	2019
Revenue	312 000	284 000	238 000	224 000
Expenditure	125 000	135 000	170 000	68 000
Operating Profit	187 000	149 000	68 000	156 000
Financial Income	0	0	1 000	0
Financial Costs	93 000	69 000	86 000	38 000
Financial Balance	−93 000	−69 000	−85 000	−38 000
Earnings Before Tax	94 000	80 000	−16 000	118 000
Tax	21 000	18 000	−4 000	26 000
Net Income	74 000	62 000	−13 000	92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 281 000	3 092 000	3 173 000	3 254 000
Total Current Assets	116 000	369 000	333 000	358 000
Total Assets	3 397 000	3 462 000	3 507 000	3 612 000
Total Retained Equity	215 000	142 000	79 000	92 000
Total Equity	265 000	192 000	129 000	142 000
Total Long-Term Debt	3 078 000	3 235 000	3 365 000	3 440 000
Total Current Debt	54 000	35 000	13 000	29 000
Total Equity and Debt	3 397 000	3 462 000	3 507 000	3 612 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	312 000	284 000	238 000	224 000
Revenue	312 000	284 000	238 000	224 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	81 000	81 000	81 000	27 000
Impairment	0	0	0	0
Expenditure	125 000	135 000	170 000	68 000
Operating Profit	187 000	149 000	68 000	156 000
Financial Income	0	0	1 000	0
Financial Costs	93 000	69 000	86 000	38 000
Financial Balance	−93 000	−69 000	−85 000	−38 000
Dividends	0	0	0	0
Net Income	74 000	62 000	−13 000	92 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 011 000	3 092 000	3 173 000	3 254 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 011 000	3 092 000	3 173 000	3 254 000
Total Fiancial Fixed Assets	270 000	0	0	0
Total Fixed Assets	3 281 000	3 092 000	3 173 000	3 254 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	116 000	369 000	330 000	358 000
Total Current Assets	116 000	369 000	333 000	358 000
Total Assets	3 397 000	3 462 000	3 507 000	3 612 000
Total Equity	265 000	192 000	129 000	142 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 078 000	3 235 000	3 365 000	3 440 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	31 000	16 000	13 000	16 000
Total Current Debt	54 000	35 000	13 000	29 000
Total Equity and Debt	3 397 000	3 462 000	3 507 000	3 612 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,92 %	32,29 %	−10,08 %	64,79 %
Debt-to-Equity Ratio	11,62	16,85	26,09	24,23
Operating Profit Margin	59,94 %	52,46 %	28,57 %	69,64 %
Current Ratio	2,15	10,54	25,62	12,34
Quick Ratio	2,15	10,54	25,62	12,34
Equity Ratio	0,08	0,06	0,04	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %