VELØYVEIEN 1 AS

3234 SANDEFJORD

Finances

Share Ownership

Return on Equity

24,51 %

Current Ratio

1,39

Debt-to-Equity Ratio

1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	706 000	878 000	774 000	500 000
Net Income	285 000	345 000	327 000	245 000
Total Assets	3 138 000	3 209 000	3 252 000	3 450 000
Total Equity	1 163 000	877 000	1 032 000	1 205 000

Income (NOK)	2022	2021	2020	2019
Revenue	706 000	878 000	774 000	500 000
Expenditure	275 000	374 000	281 000	103 000
Operating Profit	431 000	504 000	493 000	398 000
Financial Income	2 000	2 000	0	0
Financial Costs	66 000	57 000	69 000	80 000
Financial Balance	−64 000	−55 000	−69 000	−80 000
Earnings Before Tax	367 000	449 000	424 000	318 000
Tax	82 000	103 000	97 000	73 000
Net Income	285 000	345 000	327 000	245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 633 000	2 666 000	2 742 000	2 819 000
Total Current Assets	506 000	543 000	510 000	631 000
Total Assets	3 138 000	3 209 000	3 252 000	3 450 000
Total Retained Equity	1 063 000	777 000	932 000	1 105 000
Total Equity	1 163 000	877 000	1 032 000	1 205 000
Total Long-Term Debt	1 612 000	1 743 000	1 875 000	2 008 000
Total Current Debt	364 000	588 000	345 000	236 000
Total Equity and Debt	3 138 000	3 209 000	3 252 000	3 450 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	706 000	878 000	774 000	500 000
Revenue	706 000	878 000	774 000	500 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	63 000	77 000	77 000	77 000
Impairment	0	0	0	0
Expenditure	275 000	374 000	281 000	103 000
Operating Profit	431 000	504 000	493 000	398 000
Financial Income	2 000	2 000	0	0
Financial Costs	66 000	57 000	69 000	80 000
Financial Balance	−64 000	−55 000	−69 000	−80 000
Dividends	0	0	0	0
Net Income	285 000	345 000	327 000	245 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 603 000	2 656 000	2 708 000	2 761 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	10 000	34 000	58 000
Total Tangible Assets	2 633 000	2 666 000	2 742 000	2 819 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 633 000	2 666 000	2 742 000	2 819 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	506 000	191 000	460 000	631 000
Total Current Assets	506 000	543 000	510 000	631 000
Total Assets	3 138 000	3 209 000	3 252 000	3 450 000
Total Equity	1 163 000	877 000	1 032 000	1 205 000
Short-Term Group Debt	0	0	0	53 000
Total Long-Term Debt	1 612 000	1 743 000	1 875 000	2 008 000
Creditors	162 000	336 000	102 000	0
Unpaid Taxes	120 000	149 000	146 000	122 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	364 000	588 000	345 000	236 000
Total Equity and Debt	3 138 000	3 209 000	3 252 000	3 450 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,51 %	39,34 %	31,69 %	20,33 %
Debt-to-Equity Ratio	1,39	1,99	1,82	1,67
Operating Profit Margin	61,05 %	57,4 %	63,7 %	79,6 %
Current Ratio	1,39	0,92	1,48	2,67
Quick Ratio	1,39	0,92	1,48	2,67
Equity Ratio	0,37	0,27	0,32	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %