VELG MED HJERTET AS

2540 TOLGA

Finances

Share Ownership

Return on Equity

56,31 %

Current Ratio

2,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 205 000	1 137 000	782 000	1 415 000
Net Income	290 000	94 000	58 000	6 000
Total Assets	869 000	656 000	349 000	551 000
Total Equity	515 000	311 000	217 000	160 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 205 000	1 137 000	782 000	1 415 000
Expenditure	840 000	1 017 000	725 000	1 407 000
Operating Profit	364 000	120 000	57 000	8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	364 000	120 000	57 000	8 000
Tax	74 000	26 000	−1 000	2 000
Net Income	290 000	94 000	58 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	0	17 000	50 000
Total Current Assets	769 000	656 000	332 000	501 000
Total Assets	869 000	656 000	349 000	551 000
Total Retained Equity	290 000	0	112 000	0
Total Equity	515 000	311 000	217 000	160 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	354 000	346 000	132 000	391 000
Total Equity and Debt	869 000	656 000	349 000	551 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 161 000	1 063 000	782 000	1 415 000
Other Income	44 000	74 000	0	0
Revenue	1 205 000	1 137 000	782 000	1 415 000
Cost of Goods Sold	739 000	937 000	638 000	1 098 000
Salary Costs	0	0	0	0
Depreciation	0	17 000	33 000	33 000
Impairment	0	0	0	0
Expenditure	840 000	1 017 000	725 000	1 407 000
Operating Profit	364 000	120 000	57 000	8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	290 000	94 000	58 000	6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	100 000	0	17 000	50 000
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	100 000	0	17 000	50 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	352 000	60 000	93 000	327 000
Total Current Assets	769 000	656 000	332 000	501 000
Total Assets	869 000	656 000	349 000	551 000
Total Equity	515 000	311 000	217 000	160 000
Short-Term Group Debt	0	69 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	244 000	238 000	56 000	0
Unpaid Taxes	36 000	39 000	33 000	−53 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	428 000
Total Current Debt	354 000	346 000	132 000	391 000
Total Equity and Debt	869 000	656 000	349 000	551 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,31 %	30,23 %	26,73 %	3,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,21 %	10,55 %	7,29 %	0,57 %
Current Ratio	2,17	1,9	2,52	1,28
Quick Ratio	2,17	1,9	2,52	1,28
Equity Ratio	0,59	0,47	0,62	0,29
Gross Profit Margin	38,67 %	17,59 %	18,41 %	22,4 %