VELIT OUTDOOR AS

1461 LØRENSKOG

Finances

Share Ownership

Return on Equity

9,47 %

Current Ratio

15,84

Debt-to-Equity Ratio

14,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	289 000	1 091 000	1 808 000	2 194 000
Net Income	18 000	−108 000	185 000	−158 000
Total Assets	3 105 000	3 103 000	2 736 000	3 133 000
Total Equity	190 000	172 000	280 000	95 000

Income (NOK)	2022	2021	2020	2019
Revenue	289 000	1 091 000	1 808 000	2 194 000
Expenditure	271 000	1 199 000	1 562 000	2 295 000
Operating Profit	18 000	−108 000	246 000	−101 000
Financial Income	0	0	1 000	0
Financial Costs	0	1 000	30 000	50 000
Financial Balance	0	−1 000	−29 000	−50 000
Earnings Before Tax	18 000	−108 000	217 000	−151 000
Tax	0	0	32 000	7 000
Net Income	18 000	−108 000	185 000	−158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 105 000	3 103 000	2 736 000	3 133 000
Total Assets	3 105 000	3 103 000	2 736 000	3 133 000
Total Retained Equity	90 000	72 000	180 000	−5 000
Total Equity	190 000	172 000	280 000	95 000
Total Long-Term Debt	2 720 000	2 720 000	2 160 000	2 084 000
Total Current Debt	196 000	212 000	295 000	954 000
Total Equity and Debt	3 105 000	3 103 000	2 736 000	3 133 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	289 000	1 091 000	1 808 000	2 187 000
Other Income	0	0	0	7 000
Revenue	289 000	1 091 000	1 808 000	2 194 000
Cost of Goods Sold	173 000	815 000	1 293 000	1 958 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	45 000
Impairment	0	0	0	6 000
Expenditure	271 000	1 199 000	1 562 000	2 295 000
Operating Profit	18 000	−108 000	246 000	−101 000
Financial Income	0	0	1 000	0
Financial Costs	0	1 000	30 000	50 000
Financial Balance	0	−1 000	−29 000	−50 000
Dividends	0	0	0	0
Net Income	18 000	−108 000	185 000	−158 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0	0	0
Stock	2 561 000	2 617 000	2 735 000	3 112 000
Total Investments	0	0	0	0
Cash, Bank	510 000	452 000	1 000	1 000
Total Current Assets	3 105 000	3 103 000	2 736 000	3 133 000
Total Assets	3 105 000	3 103 000	2 736 000	3 133 000
Total Equity	190 000	172 000	280 000	95 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 720 000	2 720 000	2 160 000	2 084 000
Creditors	4 000	20 000	29 000	0
Unpaid Taxes	0	0	21 000	33 000
Dividends	0	0	0	0
Other Current Debt	192 000	192 000	213 000	921 000
Total Current Debt	196 000	212 000	295 000	954 000
Total Equity and Debt	3 105 000	3 103 000	2 736 000	3 133 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,47 %	−62,79 %	66,07 %	−166,32 %
Debt-to-Equity Ratio	14,32	15,81	7,71	21,94
Operating Profit Margin	6,23 %	−9,9 %	13,61 %	−4,6 %
Current Ratio	15,84	14,64	9,27	3,28
Quick Ratio	−1,31	−1,29	−1,12	−1,45
Equity Ratio	0,06	0,06	0,1	0,03
Gross Profit Margin	40,14 %	25,3 %	28,48 %	10,76 %