VELVÆRESALONGEN EGERSUND AS

4370 EGERSUND

Finances

Share Ownership

Return on Equity

−28,89 %

Current Ratio

0,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 203 000	1 174 000	1 682 000	2 183 000
Net Income	−13 000	−10 000	47 000	197 000
Total Assets	290 000	293 000	334 000	305 000
Total Equity	45 000	58 000	68 000	20 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 203 000	1 174 000	1 682 000	2 183 000
Expenditure	1 218 000	1 181 000	1 619 000	1 982 000
Operating Profit	−15 000	−8 000	64 000	200 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Earnings Before Tax	−15 000	−9 000	64 000	199 000
Tax	−3 000	1 000	16 000	2 000
Net Income	−13 000	−10 000	47 000	197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	76 000	91 000	74 000
Total Current Assets	226 000	217 000	243 000	230 000
Total Assets	290 000	293 000	334 000	305 000
Total Retained Equity	15 000	28 000	38 000	0
Total Equity	45 000	58 000	68 000	20 000
Total Long-Term Debt	0	3 000	1 000	2 000
Total Current Debt	244 000	233 000	265 000	282 000
Total Equity and Debt	290 000	293 000	334 000	305 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 221 000	1 174 000	1 657 000	2 183 000
Other Income	−18 000	0	25 000	0
Revenue	1 203 000	1 174 000	1 682 000	2 183 000
Cost of Goods Sold	216 000	205 000	375 000	482 000
Salary Costs	625 000	542 000	758 000	1 086 000
Depreciation	12 000	15 000	14 000	10 000
Impairment	0	0	0	0
Expenditure	1 218 000	1 181 000	1 619 000	1 982 000
Operating Profit	−15 000	−8 000	64 000	200 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−13 000	−10 000	47 000	197 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	33 000	64 000	72 000	48 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	31 000	12 000	19 000	26 000
Total Tangible Assets	64 000	76 000	91 000	74 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	64 000	76 000	91 000	74 000
Stock	83 000	95 000	101 000	124 000
Total Investments	0	0	0	0
Cash, Bank	143 000	119 000	136 000	83 000
Total Current Assets	226 000	217 000	243 000	230 000
Total Assets	290 000	293 000	334 000	305 000
Total Equity	45 000	58 000	68 000	20 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	1 000	2 000
Creditors	16 000	38 000	31 000	28 000
Unpaid Taxes	87 000	104 000	126 000	148 000
Dividends	0	0	0	0
Other Current Debt	142 000	91 000	91 000	106 000
Total Current Debt	244 000	233 000	265 000	282 000
Total Equity and Debt	290 000	293 000	334 000	305 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,89 %	−17,24 %	69,12 %	985 %
Debt-to-Equity Ratio	0	0,05	0,01	0,1
Operating Profit Margin	−1,25 %	−0,68 %	3,8 %	9,16 %
Current Ratio	0,93	0,93	0,92	0,82
Quick Ratio	1,4	1,57	1,48	1,46
Equity Ratio	0,16	0,2	0,2	0,07
Gross Profit Margin	82,04 %	82,54 %	77,71 %	77,92 %