VELLE GRUPPEN AS

3112 TØNSBERG

Finances

Return on Equity

−3,93 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 466 000	117 424 000	110 655 000	110 745 000
Net Income	−1 798 000	2 055 000	1 952 000	966 000
Total Assets	75 249 000	78 416 000	79 190 000	73 780 000
Total Equity	45 795 000	47 593 000	45 538 000	43 433 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 466 000	117 424 000	110 655 000	110 745 000
Expenditure	127 532 000	113 881 000	107 234 000	108 872 000
Operating Profit	−1 359 000	2 559 000	2 683 000	1 713 000
Financial Income	252 000	40 000	31 000	9 000
Financial Costs	355 000	333 000	512 000	376 000
Financial Balance	−103 000	−293 000	−481 000	−367 000
Earnings Before Tax	−1 463 000	2 265 000	2 203 000	1 346 000
Tax	335 000	211 000	251 000	380 000
Net Income	−1 798 000	2 055 000	1 952 000	966 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 299 000	39 417 000	41 594 000	36 314 000
Total Current Assets	34 950 000	38 999 000	37 596 000	37 466 000
Total Assets	75 249 000	78 416 000	79 190 000	73 780 000
Total Retained Equity	44 855 000	46 653 000	44 598 000	42 493 000
Total Equity	45 795 000	47 593 000	45 538 000	43 433 000
Total Long-Term Debt	10 454 000	12 426 000	14 391 000	10 019 000
Total Current Debt	18 999 000	18 397 000	19 261 000	20 328 000
Total Equity and Debt	75 249 000	78 416 000	79 190 000	73 780 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	67 447 000	117 424 000	60 021 000	61 161 000
Other Income	19 000	0	50 634 000	49 584 000
Revenue	67 466 000	117 424 000	110 655 000	110 745 000
Cost of Goods Sold	9 411 000	7 384 000	9 760 000	11 403 000
Salary Costs	98 769 000	85 564 000	78 205 000	78 909 000
Depreciation	4 440 000	4 222 000	4 242 000	3 392 000
Impairment	0	0	0	0
Expenditure	127 532 000	113 881 000	107 234 000	108 872 000
Operating Profit	−1 359 000	2 559 000	2 683 000	1 713 000
Financial Income	252 000	40 000	31 000	9 000
Financial Costs	355 000	333 000	512 000	376 000
Financial Balance	−103 000	−293 000	−481 000	−367 000
Dividends	0	0	0	0
Net Income	−1 798 000	2 055 000	1 952 000	966 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	360 000	0	2 000	171 000
Real Eastate	23 403 000	24 154 000	25 032 000	17 173 000
Machinery and Plant Facilities	8 846 000	7 521 000	8 242 000	7 033 000
Fixtures	7 504 000	7 557 000	8 133 000	11 751 000
Total Tangible Assets	39 753 000	39 231 000	41 407 000	35 957 000
Total Fiancial Fixed Assets	186 000	186 000	186 000	186 000
Total Fixed Assets	40 299 000	39 417 000	41 594 000	36 314 000
Stock	6 800 000	6 126 000	5 900 000	7 179 000
Total Investments	0	0	0	0
Cash, Bank	12 584 000	21 882 000	21 601 000	19 101 000
Total Current Assets	34 950 000	38 999 000	37 596 000	37 466 000
Total Assets	75 249 000	78 416 000	79 190 000	73 780 000
Total Equity	45 795 000	47 593 000	45 538 000	43 433 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 454 000	12 426 000	14 391 000	10 019 000
Creditors	8 038 000	3 910 000	3 324 000	5 146 000
Unpaid Taxes	2 410 000	5 317 000	4 504 000	4 276 000
Dividends	0	0	0	0
Other Current Debt	8 228 000	8 961 000	11 201 000	10 764 000
Total Current Debt	18 999 000	18 397 000	19 261 000	20 328 000
Total Equity and Debt	75 249 000	78 416 000	79 190 000	73 780 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,93 %	4,32 %	4,29 %	2,22 %
Debt-to-Equity Ratio	0,23	0,26	0,32	0,23
Operating Profit Margin	−2,01 %	2,18 %	2,42 %	1,55 %
Current Ratio	1,84	2,12	1,95	1,84
Quick Ratio	2,86	3,18	2,81	2,85
Equity Ratio	0,61	0,61	0,58	0,59
Gross Profit Margin	86,05 %	93,71 %	91,18 %	89,7 %