VELO CITY AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

55,98 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 854 000	13 745 000	13 730 000	8 638 000
Net Income	1 124 000	1 428 000	1 016 000	−1 051 000
Total Assets	5 236 000	4 035 000	3 830 000	1 202 000
Total Equity	2 008 000	885 000	−543 000	−1 859 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 854 000	13 745 000	13 730 000	8 638 000
Expenditure	15 730 000	12 317 000	12 628 000	9 660 000
Operating Profit	1 125 000	1 427 000	1 102 000	−1 022 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	86 000	29 000
Financial Balance	0	0	−85 000	−29 000
Earnings Before Tax	1 125 000	1 428 000	1 016 000	−1 051 000
Tax	1 000	0	0	0
Net Income	1 124 000	1 428 000	1 016 000	−1 051 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	16 000	27 000	51 000
Total Current Assets	5 226 000	4 019 000	3 803 000	1 151 000
Total Assets	5 236 000	4 035 000	3 830 000	1 202 000
Total Retained Equity	−161 000	−1 285 000	−2 712 000	−3 729 000
Total Equity	2 008 000	885 000	−543 000	−1 859 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 227 000	3 150 000	4 373 000	3 062 000
Total Equity and Debt	5 236 000	4 035 000	3 830 000	1 202 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 841 000	13 745 000	13 722 000	8 618 000
Other Income	12 000	0	8 000	20 000
Revenue	16 854 000	13 745 000	13 730 000	8 638 000
Cost of Goods Sold	11 008 000	8 575 000	8 730 000	6 094 000
Salary Costs	3 168 000	2 499 000	2 675 000	2 336 000
Depreciation	7 000	11 000	24 000	77 000
Impairment	0	0	0	0
Expenditure	15 730 000	12 317 000	12 628 000	9 660 000
Operating Profit	1 125 000	1 427 000	1 102 000	−1 022 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	86 000	29 000
Financial Balance	0	0	−85 000	−29 000
Dividends	0	0	0	0
Net Income	1 124 000	1 428 000	1 016 000	−1 051 000

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	9 000	16 000	27 000	51 000
Total Tangible Assets	9 000	16 000	27 000	51 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 000	16 000	27 000	51 000
Stock	3 410 000	2 964 000	2 172 000	854 000
Total Investments	0	0	0	0
Cash, Bank	1 390 000	773 000	1 197 000	256 000
Total Current Assets	5 226 000	4 019 000	3 803 000	1 151 000
Total Assets	5 236 000	4 035 000	3 830 000	1 202 000
Total Equity	2 008 000	885 000	−543 000	−1 859 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 316 000	2 543 000	3 614 000	2 558 000
Unpaid Taxes	370 000	134 000	326 000	181 000
Dividends	0	0	0	0
Other Current Debt	541 000	473 000	432 000	323 000
Total Current Debt	3 227 000	3 150 000	4 373 000	3 062 000
Total Equity and Debt	5 236 000	4 035 000	3 830 000	1 202 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,98 %	161,36 %	−187,11 %	56,54 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	6,67 %	10,38 %	8,03 %	−11,83 %
Current Ratio	1,62	1,28	0,87	0,38
Quick Ratio	−28,56	21,61	1,73	0,52
Equity Ratio	0,38	0,22	−0,14	−1,55
Gross Profit Margin	34,69 %	37,61 %	36,42 %	29,45 %