VELDEN EIENDOM AS

4276 VEAVÅGEN

Finances

Share Ownership

Return on Equity

29,59 %

Current Ratio

0,42

Debt-to-Equity Ratio

17,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	480 000	480 000	480 000	480 000
Net Income	79 000	107 000	198 000	−1 000
Total Assets	7 026 000	7 359 000	8 133 000	7 718 000
Total Equity	267 000	276 000	275 000	139 000

Income (NOK)	2022	2021	2020	2019
Revenue	480 000	480 000	480 000	480 000
Expenditure	221 000	218 000	47 000	265 000
Operating Profit	259 000	262 000	433 000	215 000
Financial Income	6 000	3 000	8 000	13 000
Financial Costs	164 000	128 000	188 000	229 000
Financial Balance	−158 000	−125 000	−180 000	−216 000
Earnings Before Tax	101 000	137 000	253 000	−1 000
Tax	22 000	30 000	56 000	0
Net Income	79 000	107 000	198 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 181 000	6 375 000	6 571 000	6 647 000
Total Current Assets	845 000	984 000	1 562 000	1 071 000
Total Assets	7 026 000	7 359 000	8 133 000	7 718 000
Total Retained Equity	128 000	137 000	136 000	0
Total Equity	267 000	276 000	275 000	139 000
Total Long-Term Debt	4 750 000	3 750 000	4 500 000	5 500 000
Total Current Debt	2 009 000	3 333 000	3 357 000	2 079 000
Total Equity and Debt	7 026 000	7 359 000	8 133 000	7 718 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	480 000	480 000	480 000	480 000
Revenue	480 000	480 000	480 000	480 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	196 000	196 000	38 000	246 000
Impairment	0	0	0	0
Expenditure	221 000	218 000	47 000	265 000
Operating Profit	259 000	262 000	433 000	215 000
Financial Income	6 000	3 000	8 000	13 000
Financial Costs	164 000	128 000	188 000	229 000
Financial Balance	−158 000	−125 000	−180 000	−216 000
Dividends	0	0	0	0
Net Income	79 000	107 000	198 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	7 000	7 000	45 000
Real Eastate	6 172 000	6 368 000	6 564 000	6 602 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 172 000	6 368 000	6 564 000	6 602 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 181 000	6 375 000	6 571 000	6 647 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	839 000	979 000	1 562 000	871 000
Total Current Assets	845 000	984 000	1 562 000	1 071 000
Total Assets	7 026 000	7 359 000	8 133 000	7 718 000
Total Equity	267 000	276 000	275 000	139 000
Short-Term Group Debt	2 001 000	3 326 000	3 351 000	2 072 000
Total Long-Term Debt	4 750 000	3 750 000	4 500 000	5 500 000
Creditors	3 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	7 000	7 000	7 000
Total Current Debt	2 009 000	3 333 000	3 357 000	2 079 000
Total Equity and Debt	7 026 000	7 359 000	8 133 000	7 718 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,59 %	38,77 %	72 %	−0,72 %
Debt-to-Equity Ratio	17,79	13,59	16,36	39,57
Operating Profit Margin	53,96 %	54,58 %	90,21 %	44,79 %
Current Ratio	0,42	0,3	0,47	0,52
Quick Ratio	0,42	0,3	0,47	0,52
Equity Ratio	0,04	0,04	0,03	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %