VELLE UTVIKLING AS

3112 TØNSBERG

Finances

Share Ownership

Return on Equity

515,64 %

Current Ratio

1,68

Debt-to-Equity Ratio

−31,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 345 000	62 895 000	60 058 000	61 034 000
Net Income	−3 857 000	−542 000	268 000	−880 000
Total Assets	34 569 000	36 793 000	40 554 000	36 617 000
Total Equity	−748 000	3 109 000	3 651 000	−1 627 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 345 000	62 895 000	60 058 000	61 034 000
Expenditure	71 217 000	61 891 000	58 213 000	60 762 000
Operating Profit	−3 432 000	19 000	1 108 000	111 000
Financial Income	259 000	301 000	12 000	1 000
Financial Costs	685 000	861 000	852 000	992 000
Financial Balance	−426 000	−560 000	−840 000	−991 000
Earnings Before Tax	−3 857 000	−542 000	268 000	−880 000
Tax	0	0	0	0
Net Income	−3 857 000	−542 000	268 000	−880 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 024 000	14 887 000	13 675 000	16 148 000
Total Current Assets	19 545 000	21 905 000	26 879 000	20 469 000
Total Assets	34 569 000	36 793 000	40 554 000	36 617 000
Total Retained Equity	−5 788 000	−1 931 000	−1 389 000	−1 657 000
Total Equity	−748 000	3 109 000	3 651 000	−1 627 000
Total Long-Term Debt	23 707 000	1 976 000	2 543 000	3 089 000
Total Current Debt	11 610 000	31 707 000	34 360 000	35 155 000
Total Equity and Debt	34 569 000	36 793 000	40 554 000	36 617 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	67 345 000	62 895 000	60 058 000	60 970 000
Other Income	0	0	0	63 000
Revenue	67 345 000	62 895 000	60 058 000	61 034 000
Cost of Goods Sold	8 571 000	6 648 000	9 397 000	10 898 000
Salary Costs	47 473 000	40 786 000	36 286 000	37 449 000
Depreciation	3 102 000	2 813 000	2 971 000	2 507 000
Impairment	0	0	0	0
Expenditure	71 217 000	61 891 000	58 213 000	60 762 000
Operating Profit	−3 432 000	19 000	1 108 000	111 000
Financial Income	259 000	301 000	12 000	1 000
Financial Costs	685 000	861 000	852 000	992 000
Financial Balance	−426 000	−560 000	−840 000	−991 000
Dividends	0	0	0	0
Net Income	−3 857 000	−542 000	268 000	−880 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	275 000	0	0	0
Total Intangible Assets	360 000	0	2 000	171 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	8 846 000	7 521 000	8 242 000	7 033 000
Fixtures	5 633 000	5 184 000	5 245 000	8 758 000
Total Tangible Assets	14 479 000	12 705 000	13 487 000	15 791 000
Total Fiancial Fixed Assets	186 000	2 183 000	186 000	186 000
Total Fixed Assets	15 024 000	14 887 000	13 675 000	16 148 000
Stock	6 800 000	6 126 000	5 900 000	7 179 000
Total Investments	0	0	0	0
Cash, Bank	2 491 000	5 809 000	7 668 000	2 693 000
Total Current Assets	19 545 000	21 905 000	26 879 000	20 469 000
Total Assets	34 569 000	36 793 000	40 554 000	36 617 000
Total Equity	−748 000	3 109 000	3 651 000	−1 627 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 707 000	1 976 000	2 543 000	3 089 000
Creditors	5 896 000	3 250 000	2 905 000	4 584 000
Unpaid Taxes	1 952 000	2 105 000	3 007 000	2 942 000
Dividends	0	0	0	0
Other Current Debt	3 762 000	26 352 000	28 448 000	27 630 000
Total Current Debt	11 610 000	31 707 000	34 360 000	35 155 000
Total Equity and Debt	34 569 000	36 793 000	40 554 000	36 617 000

Financial indicators	2022	2021	2020	2019
Return on Equity	515,64 %	−17,43 %	7,34 %	54,09 %
Debt-to-Equity Ratio	−31,69	0,64	0,7	−1,9
Operating Profit Margin	−5,1 %	0,03 %	1,84 %	0,18 %
Current Ratio	1,68	0,69	0,78	0,58
Quick Ratio	4,06	0,86	0,94	0,73
Equity Ratio	−0,02	0,08	0,09	−0,04
Gross Profit Margin	87,27 %	89,43 %	84,35 %	82,14 %