VELTRENT AS

3120 NØTTERØY

Finances

Share Ownership

Return on Equity

94,74 %

Current Ratio

0,76

Debt-to-Equity Ratio

−0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 126 000	846 000	626 000	366 000
Net Income	−108 000	55 000	−52 000	−39 000
Total Assets	78 000	91 000	71 000	47 000
Total Equity	−114 000	−6 000	−61 000	−9 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 126 000	846 000	626 000	366 000
Expenditure	1 228 000	791 000	677 000	405 000
Operating Profit	−102 000	55 000	−52 000	−39 000
Financial Income	0	0	0	0
Financial Costs	6 000	0	0	0
Financial Balance	−6 000	0	0	0
Earnings Before Tax	−108 000	55 000	−52 000	−39 000
Tax	0	0	0	0
Net Income	−108 000	55 000	−52 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	14 000
Total Current Assets	78 000	91 000	71 000	33 000
Total Assets	78 000	91 000	71 000	47 000
Total Retained Equity	−108 000	55 000	−91 000	−39 000
Total Equity	−114 000	−6 000	−61 000	−9 000
Total Long-Term Debt	90 000	0	0	0
Total Current Debt	102 000	97 000	132 000	55 000
Total Equity and Debt	78 000	91 000	71 000	47 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 126 000	846 000	626 000	366 000
Other Income	0	0	0	0
Revenue	1 126 000	846 000	626 000	366 000
Cost of Goods Sold	32 000	0	0	0
Salary Costs	725 000	490 000	471 000	315 000
Depreciation	0	0	14 000	6 000
Impairment	0	0	0	0
Expenditure	1 228 000	791 000	677 000	405 000
Operating Profit	−102 000	55 000	−52 000	−39 000
Financial Income	0	0	0	0
Financial Costs	6 000	0	0	0
Financial Balance	−6 000	0	0	0
Dividends	0	0	0	0
Net Income	−108 000	55 000	−52 000	−39 000

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	14 000
Total Tangible Assets	0	0	0	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	14 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	48 000	58 000	53 000	23 000
Total Current Assets	78 000	91 000	71 000	33 000
Total Assets	78 000	91 000	71 000	47 000
Total Equity	−114 000	−6 000	−61 000	−9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	90 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	36 000	50 000	132 000	21 000
Dividends	0	0	0	0
Other Current Debt	67 000	47 000	0	34 000
Total Current Debt	102 000	97 000	132 000	55 000
Total Equity and Debt	78 000	91 000	71 000	47 000

Financial indicators	2022	2021	2020	2019
Return on Equity	94,74 %	−916,67 %	85,25 %	433,33 %
Debt-to-Equity Ratio	−0,79	−0	−0	−0
Operating Profit Margin	−9,06 %	6,5 %	−8,31 %	−10,66 %
Current Ratio	0,76	0,94	0,54	0,6
Quick Ratio	0,76	0,94	0,54	0,6
Equity Ratio	−1,46	−0,07	−0,86	−0,19
Gross Profit Margin	97,16 %	100 %	100 %	100 %