VELTMANÅ HOLDING AS

2830 RAUFOSS

Finances

Return on Equity

2,48 %

Current Ratio

17,66

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	312 000	754 000	219 000	0
Net Income	51 000	275 000	352 000	967 000
Total Assets	2 698 000	3 302 000	3 297 000	3 314 000
Total Equity	2 055 000	2 504 000	2 529 000	3 297 000

Income (NOK)	2022	2021	2020	2019
Revenue	312 000	754 000	219 000	0
Expenditure	778 000	369 000	167 000	27 000
Operating Profit	−466 000	385 000	52 000	−27 000
Financial Income	553 000	4 000	402 000	1 019 000
Financial Costs	36 000	34 000	90 000	20 000
Financial Balance	517 000	−30 000	312 000	999 000
Earnings Before Tax	51 000	355 000	365 000	972 000
Tax	0	80 000	12 000	5 000
Net Income	51 000	275 000	352 000	967 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 462 000	1 672 000	2 367 000	3 188 000
Total Current Assets	1 236 000	1 630 000	930 000	126 000
Total Assets	2 698 000	3 302 000	3 297 000	3 314 000
Total Retained Equity	2 025 000	2 474 000	2 499 000	3 267 000
Total Equity	2 055 000	2 504 000	2 529 000	3 297 000
Total Long-Term Debt	573 000	636 000	699 000	0
Total Current Debt	70 000	162 000	69 000	17 000
Total Equity and Debt	2 698 000	3 302 000	3 297 000	3 314 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−17 000	244 000	219 000	0
Other Income	329 000	510 000	0	0
Revenue	312 000	754 000	219 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	679 000	267 000	0	0
Depreciation	10 000	60 000	55 000	0
Impairment	0	0	0	0
Expenditure	778 000	369 000	167 000	27 000
Operating Profit	−466 000	385 000	52 000	−27 000
Financial Income	553 000	4 000	402 000	1 019 000
Financial Costs	36 000	34 000	90 000	20 000
Financial Balance	517 000	−30 000	312 000	999 000
Dividends	500 000	300 000	1 120 000	400 000
Net Income	51 000	275 000	352 000	967 000

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	185 000	245 000	0
Total Tangible Assets	0	185 000	245 000	0
Total Fiancial Fixed Assets	1 462 000	1 487 000	2 122 000	3 188 000
Total Fixed Assets	1 462 000	1 672 000	2 367 000	3 188 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 230 000	1 598 000	775 000	122 000
Total Current Assets	1 236 000	1 630 000	930 000	126 000
Total Assets	2 698 000	3 302 000	3 297 000	3 314 000
Total Equity	2 055 000	2 504 000	2 529 000	3 297 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	573 000	636 000	699 000	0
Creditors	2 000	0	3 000	2 000
Unpaid Taxes	12 000	60 000	5 000	0
Dividends	500 000	300 000	1 120 000	400 000
Other Current Debt	55 000	22 000	50 000	10 000
Total Current Debt	70 000	162 000	69 000	17 000
Total Equity and Debt	2 698 000	3 302 000	3 297 000	3 314 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,48 %	10,98 %	13,92 %	29,33 %
Debt-to-Equity Ratio	0,28	0,25	0,28	0
Operating Profit Margin	−149,36 %	51,06 %	23,74 %	-
Current Ratio	17,66	10,06	13,48	7,41
Quick Ratio	17,66	10,06	13,48	7,41
Equity Ratio	0,76	0,76	0,77	0,99
Gross Profit Margin	100 %	100 %	100 %	-