VELDE GAARD AS

4130 HJELMELAND

Finances

Share Ownership

Return on Equity

−41,67 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 000	521 000	97 000	6 000
Net Income	−50 000	−73 000	−1 000	−3 000
Total Assets	120 000	240 000	195 000	230 000
Total Equity	120 000	170 000	195 000	230 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 000	521 000	97 000	6 000
Expenditure	55 000	594 000	98 000	8 000
Operating Profit	−50 000	−73 000	−1 000	−3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−50 000	−73 000	−1 000	−3 000
Tax	0	0	0	0
Net Income	−50 000	−73 000	−1 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	110 000	230 000	180 000	200 000
Total Current Assets	10 000	10 000	15 000	30 000
Total Assets	120 000	240 000	195 000	230 000
Total Retained Equity	90 000	140 000	165 000	200 000
Total Equity	120 000	170 000	195 000	230 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	0	70 000	0	0
Total Equity and Debt	120 000	240 000	195 000	230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 000	521 000	97 000	6 000
Other Income	0	0	0	0
Revenue	5 000	521 000	97 000	6 000
Cost of Goods Sold	5 000	574 000	98 000	8 000
Salary Costs	0	0	0	0
Depreciation	50 000	20 000	0	0
Impairment	0	0	0	0
Expenditure	55 000	594 000	98 000	8 000
Operating Profit	−50 000	−73 000	−1 000	−3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−50 000	−73 000	−1 000	−3 000

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	110 000	160 000	180 000	200 000
Fixtures	0	0	0	0
Total Tangible Assets	110 000	160 000	180 000	200 000
Total Fiancial Fixed Assets	0	70 000	0	0
Total Fixed Assets	110 000	230 000	180 000	200 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	10 000	15 000	30 000
Total Current Assets	10 000	10 000	15 000	30 000
Total Assets	120 000	240 000	195 000	230 000
Total Equity	120 000	170 000	195 000	230 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	70 000	0	0
Total Current Debt	0	70 000	0	0
Total Equity and Debt	120 000	240 000	195 000	230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,67 %	−42,94 %	−0,51 %	−1,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 000 %	−14,01 %	−1,03 %	−50 %
Current Ratio	-	0,14	-	-
Quick Ratio	-	0,14	-	-
Equity Ratio	1	0,71	1	1
Gross Profit Margin	0 %	−10,17 %	−1,03 %	−33,33 %