VELBYGD ØSTLANDET AS

5525 HAUGESUND

Finances

Share Ownership

Return on Equity

11,21 %

Current Ratio

1,1

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	106 665 000	4 000	75 000	70 000
Net Income	1 700 000	−755 000	−74 000	−25 000
Total Assets	167 602 000	68 623 000	37 725 000	33 650 000
Total Equity	15 165 000	13 465 000	14 220 000	14 294 000

Income (NOK)	2022	2021	2020	2019
Revenue	106 665 000	4 000	75 000	70 000
Expenditure	104 372 000	724 000	−407 000	95 000
Operating Profit	2 294 000	−721 000	482 000	−26 000
Financial Income	29 000	0	3 000	0
Financial Costs	375 000	35 000	559 000	0
Financial Balance	−346 000	−35 000	−556 000	0
Earnings Before Tax	1 947 000	−755 000	−74 000	−25 000
Tax	247 000	0	0	0
Net Income	1 700 000	−755 000	−74 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	586 000	756 000	0	33 637 000
Total Current Assets	167 016 000	67 867 000	37 725 000	13 000
Total Assets	167 602 000	68 623 000	37 725 000	33 650 000
Total Retained Equity	15 105 000	13 405 000	14 160 000	14 234 000
Total Equity	15 165 000	13 465 000	14 220 000	14 294 000
Total Long-Term Debt	877 000	38 696 000	21 000 000	0
Total Current Debt	151 559 000	16 462 000	2 505 000	19 356 000
Total Equity and Debt	167 602 000	68 623 000	37 725 000	33 650 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	106 665 000	0	0	48 000
Other Income	0	4 000	75 000	22 000
Revenue	106 665 000	4 000	75 000	70 000
Cost of Goods Sold	102 046 000	26 000	−559 000	0
Salary Costs	936 000	478 000	0	0
Depreciation	170 000	52 000	0	0
Impairment	0	0	0	0
Expenditure	104 372 000	724 000	−407 000	95 000
Operating Profit	2 294 000	−721 000	482 000	−26 000
Financial Income	29 000	0	3 000	0
Financial Costs	375 000	35 000	559 000	0
Financial Balance	−346 000	−35 000	−556 000	0
Dividends	0	0	0	0
Net Income	1 700 000	−755 000	−74 000	−25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	31 776 000
Machinery and Plant Facilities	0	0	0	1 861 000
Fixtures	586 000	756 000	0	0
Total Tangible Assets	586 000	756 000	0	33 637 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	586 000	756 000	0	33 637 000
Stock	54 840 000	67 526 000	36 954 000	0
Total Investments	0	0	0	0
Cash, Bank	800 000	308 000	760 000	15 000
Total Current Assets	167 016 000	67 867 000	37 725 000	13 000
Total Assets	167 602 000	68 623 000	37 725 000	33 650 000
Total Equity	15 165 000	13 465 000	14 220 000	14 294 000
Short-Term Group Debt	0	12 145 000	1 850 000	19 300 000
Total Long-Term Debt	877 000	38 696 000	21 000 000	0
Creditors	4 677 000	4 098 000	95 000	56 000
Unpaid Taxes	44 000	81 000	0	0
Dividends	0	0	0	0
Other Current Debt	20 304 000	137 000	560 000	0
Total Current Debt	151 559 000	16 462 000	2 505 000	19 356 000
Total Equity and Debt	167 602 000	68 623 000	37 725 000	33 650 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,21 %	−5,61 %	−0,52 %	−0,17 %
Debt-to-Equity Ratio	0,06	2,87	1,48	0
Operating Profit Margin	2,15 %	−18 025 %	642,67 %	−37,14 %
Current Ratio	1,1	4,12	15,06	0
Quick Ratio	1,73	−1,33	−1,1	0
Equity Ratio	0,09	0,2	0,38	0,42
Gross Profit Margin	4,33 %	−550 %	845,33 %	100 %