VELCO EIENDOM AS

1443 DRØBAK

Finances

Share Ownership

Return on Equity

−3,63 %

Current Ratio

2,65

Debt-to-Equity Ratio

1,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	320 000	314 000	360 000	276 000
Net Income	−129 000	−33 000	53 000	−84 000
Total Assets	8 294 000	8 434 000	8 431 000	8 287 000
Total Equity	3 552 000	3 680 000	3 713 000	3 660 000

Income (NOK)	2022	2021	2020	2019
Revenue	320 000	314 000	360 000	276 000
Expenditure	211 000	159 000	122 000	226 000
Operating Profit	108 000	154 000	238 000	50 000
Financial Income	0	0	0	0
Financial Costs	237 000	187 000	184 000	134 000
Financial Balance	−237 000	−187 000	−184 000	−134 000
Earnings Before Tax	−129 000	−33 000	53 000	−84 000
Tax	0	0	0	0
Net Income	−129 000	−33 000	53 000	−84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 994 000	7 994 000	7 994 000	7 994 000
Total Current Assets	299 000	439 000	437 000	293 000
Total Assets	8 294 000	8 434 000	8 431 000	8 287 000
Total Retained Equity	−108 000	21 000	53 000	0
Total Equity	3 552 000	3 680 000	3 713 000	3 660 000
Total Long-Term Debt	4 628 000	4 650 000	4 640 000	4 627 000
Total Current Debt	113 000	103 000	78 000	0
Total Equity and Debt	8 294 000	8 434 000	8 431 000	8 287 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	320 000	314 000	360 000	276 000
Revenue	320 000	314 000	360 000	276 000
Cost of Goods Sold	119 000	109 000	81 000	193 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	211 000	159 000	122 000	226 000
Operating Profit	108 000	154 000	238 000	50 000
Financial Income	0	0	0	0
Financial Costs	237 000	187 000	184 000	134 000
Financial Balance	−237 000	−187 000	−184 000	−134 000
Dividends	0	0	0	0
Net Income	−129 000	−33 000	53 000	−84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 994 000	7 994 000	7 994 000	7 994 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 994 000	7 994 000	7 994 000	7 994 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 994 000	7 994 000	7 994 000	7 994 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	299 000	439 000	437 000	0
Total Current Assets	299 000	439 000	437 000	293 000
Total Assets	8 294 000	8 434 000	8 431 000	8 287 000
Total Equity	3 552 000	3 680 000	3 713 000	3 660 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 628 000	4 650 000	4 640 000	4 627 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	113 000	103 000	78 000	0
Total Current Debt	113 000	103 000	78 000	0
Total Equity and Debt	8 294 000	8 434 000	8 431 000	8 287 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,63 %	−0,9 %	1,43 %	−2,3 %
Debt-to-Equity Ratio	1,3	1,26	1,25	1,26
Operating Profit Margin	33,75 %	49,04 %	66,11 %	18,12 %
Current Ratio	2,65	4,26	5,6	-
Quick Ratio	2,65	4,26	5,6	-
Equity Ratio	0,43	0,44	0,44	0,44
Gross Profit Margin	62,81 %	65,29 %	77,5 %	30,07 %