VELODU AS

1337 SANDVIKA

Finances

Share Ownership

Return on Equity

84,37 %

Current Ratio

2,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 406 000	1 639 000	1 486 000	0
Net Income	367 000	222 000	316 000	0
Total Assets	783 000	831 000	599 000	23 000
Total Equity	435 000	568 000	346 000	30 000

Income (NOK)	2022	2021	2020
Revenue	1 406 000	1 639 000	1 486 000
Expenditure	936 000	1 325 000	1 081 000
Operating Profit	470 000	314 000	405 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	470 000	314 000	405 000
Tax	103 000	92 000	89 000
Net Income	367 000	222 000	316 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	783 000	831 000	599 000	23 000
Total Assets	783 000	831 000	599 000	23 000
Total Retained Equity	405 000	538 000	316 000	0
Total Equity	435 000	568 000	346 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	349 000	263 000	252 000	0
Total Equity and Debt	783 000	831 000	599 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 406 000	1 639 000	1 486 000
Other Income	0	0	0
Revenue	1 406 000	1 639 000	1 486 000
Cost of Goods Sold	0	0	0
Salary Costs	910 000	1 250 000	1 067 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	936 000	1 325 000	1 081 000
Operating Profit	470 000	314 000	405 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	500 000	0	0
Net Income	367 000	222 000	316 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	23 000
Cash, Bank	577 000	654 000	599 000	0
Total Current Assets	783 000	831 000	599 000	23 000
Total Assets	783 000	831 000	599 000	23 000
Total Equity	435 000	568 000	346 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	138 000	26 000	47 000	0
Dividends	500 000	0	0	0
Other Current Debt	110 000	148 000	117 000	0
Total Current Debt	349 000	263 000	252 000	0
Total Equity and Debt	783 000	831 000	599 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,37 %	39,08 %	91,33 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	33,43 %	19,16 %	27,25 %	-
Current Ratio	2,24	3,16	2,38	-
Quick Ratio	2,24	3,16	2,38	-
Equity Ratio	0,56	0,68	0,58	1,3
Gross Profit Margin	100 %	100 %	100 %	-