VELIPE AS

5382 SKOGSVÅG

Finances

Return on Equity

21,12 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 588 000	1 098 000	1 011 000	262 000
Net Income	2 179 000	1 251 000	786 000	743 000
Total Assets	12 258 000	18 577 000	19 547 000	15 590 000
Total Equity	10 318 000	10 155 000	8 903 000	8 117 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 588 000	1 098 000	1 011 000	262 000
Expenditure	214 000	1 027 000	765 000	2 000
Operating Profit	1 374 000	72 000	246 000	260 000
Financial Income	1 168 000	1 301 000	688 000	627 000
Financial Costs	97 000	57 000	89 000	76 000
Financial Balance	1 071 000	1 244 000	599 000	551 000
Earnings Before Tax	2 445 000	1 316 000	845 000	812 000
Tax	266 000	65 000	60 000	69 000
Net Income	2 179 000	1 251 000	786 000	743 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 038 000	18 486 000	19 186 000	12 123 000
Total Current Assets	3 220 000	91 000	361 000	3 468 000
Total Assets	12 258 000	18 577 000	19 547 000	15 590 000
Total Retained Equity	10 287 000	9 124 000	7 872 000	7 087 000
Total Equity	10 318 000	10 155 000	8 903 000	8 117 000
Total Long-Term Debt	38 000	6 156 000	9 006 000	4 943 000
Total Current Debt	1 902 000	2 266 000	1 637 000	2 530 000
Total Equity and Debt	12 258 000	18 577 000	19 547 000	15 590 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 161 000	1 098 000	1 011 000	262 000
Other Income	426 000	0	0	0
Revenue	1 588 000	1 098 000	1 011 000	262 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	700 000	460 000	0
Impairment	0	0	0	0
Expenditure	214 000	1 027 000	765 000	2 000
Operating Profit	1 374 000	72 000	246 000	260 000
Financial Income	1 168 000	1 301 000	688 000	627 000
Financial Costs	97 000	57 000	89 000	76 000
Financial Balance	1 071 000	1 244 000	599 000	551 000
Dividends	2 016 000	0	0	0
Net Income	2 179 000	1 251 000	786 000	743 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	6 954 000	7 654 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	6 954 000	7 654 000	0
Total Fiancial Fixed Assets	9 038 000	11 532 000	11 532 000	12 123 000
Total Fixed Assets	9 038 000	18 486 000	19 186 000	12 123 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 220 000	91 000	361 000	3 468 000
Total Current Assets	3 220 000	91 000	361 000	3 468 000
Total Assets	12 258 000	18 577 000	19 547 000	15 590 000
Total Equity	10 318 000	10 155 000	8 903 000	8 117 000
Short-Term Group Debt	0	74 000	73 000	0
Total Long-Term Debt	38 000	6 156 000	9 006 000	4 943 000
Creditors	0	0	0	0
Unpaid Taxes	19 000	27 000	1 000	66 000
Dividends	2 016 000	0	0	0
Other Current Debt	1 655 000	2 093 000	1 514 000	2 396 000
Total Current Debt	1 902 000	2 266 000	1 637 000	2 530 000
Total Equity and Debt	12 258 000	18 577 000	19 547 000	15 590 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,12 %	12,32 %	8,83 %	9,15 %
Debt-to-Equity Ratio	0	0,61	1,01	0,61
Operating Profit Margin	86,52 %	6,56 %	24,33 %	99,24 %
Current Ratio	1,69	0,04	0,22	1,37
Quick Ratio	1,69	0,04	0,22	1,37
Equity Ratio	0,84	0,55	0,46	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %