VELDE GULV AS

4308 SANDNES

Finances

Return on Equity

11,49 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	142 182 000	76 131 000	80 112 000	51 661 000
Net Income	2 368 000	4 774 000	569 000	−6 712 000
Total Assets	50 134 000	40 581 000	34 860 000	35 649 000
Total Equity	20 603 000	18 954 000	17 596 000	12 708 000

Income (NOK)	2022	2021	2020	2019
Revenue	142 182 000	76 131 000	80 112 000	51 661 000
Expenditure	139 359 000	70 745 000	79 147 000	59 423 000
Operating Profit	2 822 000	5 386 000	964 000	−8 179 000
Financial Income	60 000	11 000	6 000	4 000
Financial Costs	394 000	295 000	240 000	431 000
Financial Balance	−334 000	−284 000	−234 000	−427 000
Earnings Before Tax	2 489 000	5 102 000	730 000	−8 607 000
Tax	121 000	329 000	162 000	−1 894 000
Net Income	2 368 000	4 774 000	569 000	−6 712 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 128 000	4 464 000	4 831 000	7 861 000
Total Current Assets	42 006 000	36 117 000	30 029 000	27 788 000
Total Assets	50 134 000	40 581 000	34 860 000	35 649 000
Total Retained Equity	3 007 000	1 359 000	0	−772 000
Total Equity	20 603 000	18 954 000	17 596 000	12 708 000
Total Long-Term Debt	3 446 000	2 668 000	3 967 000	5 186 000
Total Current Debt	26 085 000	18 958 000	13 297 000	17 755 000
Total Equity and Debt	50 134 000	40 581 000	34 860 000	35 649 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	142 182 000	76 131 000	80 112 000	51 661 000
Other Income	0	0	0	0
Revenue	142 182 000	76 131 000	80 112 000	51 661 000
Cost of Goods Sold	105 737 000	51 566 000	50 478 000	27 575 000
Salary Costs	24 463 000	15 644 000	20 620 000	17 860 000
Depreciation	2 195 000	2 283 000	2 198 000	2 795 000
Impairment	0	0	0	0
Expenditure	139 359 000	70 745 000	79 147 000	59 423 000
Operating Profit	2 822 000	5 386 000	964 000	−8 179 000
Financial Income	60 000	11 000	6 000	4 000
Financial Costs	394 000	295 000	240 000	431 000
Financial Balance	−334 000	−284 000	−234 000	−427 000
Dividends	0	0	0	0
Net Income	2 368 000	4 774 000	569 000	−6 712 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	233 000	152 000	0	897 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 126 000	2 842 000	3 227 000	4 911 000
Fixtures	4 330 000	1 032 000	1 166 000	1 616 000
Total Tangible Assets	7 457 000	3 875 000	4 393 000	6 527 000
Total Fiancial Fixed Assets	438 000	438 000	438 000	438 000
Total Fixed Assets	8 128 000	4 464 000	4 831 000	7 861 000
Stock	0	221 000	0	564 000
Total Investments	0	0	0	0
Cash, Bank	837 000	504 000	562 000	995 000
Total Current Assets	42 006 000	36 117 000	30 029 000	27 788 000
Total Assets	50 134 000	40 581 000	34 860 000	35 649 000
Total Equity	20 603 000	18 954 000	17 596 000	12 708 000
Short-Term Group Debt	922 000	4 378 000	0	0
Total Long-Term Debt	3 446 000	2 668 000	3 967 000	5 186 000
Creditors	13 111 000	4 671 000	1 697 000	5 065 000
Unpaid Taxes	3 685 000	1 799 000	2 486 000	1 982 000
Dividends	0	0	0	0
Other Current Debt	8 367 000	8 111 000	9 113 000	10 708 000
Total Current Debt	26 085 000	18 958 000	13 297 000	17 755 000
Total Equity and Debt	50 134 000	40 581 000	34 860 000	35 649 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,49 %	25,19 %	3,23 %	−52,82 %
Debt-to-Equity Ratio	0,17	0,14	0,23	0,41
Operating Profit Margin	1,98 %	7,07 %	1,2 %	−15,83 %
Current Ratio	1,61	1,91	2,26	1,57
Quick Ratio	1,61	1,93	2,26	1,62
Equity Ratio	0,41	0,47	0,5	0,36
Gross Profit Margin	25,63 %	32,27 %	36,99 %	46,62 %