OLAV VELDE AS

1362 HOSLE

Finances

Share Ownership

Return on Equity

29,87 %

Current Ratio

12,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	283 000	283 000	283 000	283 000
Net Income	204 000	196 000	183 000	173 000
Total Assets	740 000	534 000	334 000	327 000
Total Equity	683 000	479 000	100 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	283 000	283 000	283 000	283 000
Expenditure	28 000	32 000	50 000	62 000
Operating Profit	255 000	251 000	233 000	221 000
Financial Income	6 000	0	1 000	3 000
Financial Costs	0	0	0	1 000
Financial Balance	6 000	0	1 000	2 000
Earnings Before Tax	261 000	251 000	234 000	223 000
Tax	57 000	55 000	52 000	49 000
Net Income	204 000	196 000	183 000	173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	5 000	5 000	5 000
Total Current Assets	736 000	530 000	330 000	322 000
Total Assets	740 000	534 000	334 000	327 000
Total Retained Equity	583 000	379 000	0	0
Total Equity	683 000	479 000	100 000	100 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	57 000	55 000	234 000	227 000
Total Equity and Debt	740 000	534 000	334 000	327 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	283 000	283 000	283 000	283 000
Other Income	0	0	0	0
Revenue	283 000	283 000	283 000	283 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	28 000	32 000	50 000	62 000
Operating Profit	255 000	251 000	233 000	221 000
Financial Income	6 000	0	1 000	3 000
Financial Costs	0	0	0	1 000
Financial Balance	6 000	0	1 000	2 000
Dividends	0	0	183 000	178 000
Net Income	204 000	196 000	183 000	173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 000	5 000	5 000	5 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 000	5 000	5 000	5 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	5 000	5 000	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	736 000	530 000	330 000	322 000
Total Current Assets	736 000	530 000	330 000	322 000
Total Assets	740 000	534 000	334 000	327 000
Total Equity	683 000	479 000	100 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	183 000	178 000
Other Current Debt	0	0	0	0
Total Current Debt	57 000	55 000	234 000	227 000
Total Equity and Debt	740 000	534 000	334 000	327 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,87 %	40,92 %	183 %	173 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	90,11 %	88,69 %	82,33 %	78,09 %
Current Ratio	12,91	9,64	1,41	1,42
Quick Ratio	12,91	9,64	1,41	1,42
Equity Ratio	0,92	0,9	0,3	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %