VELIO AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

74,4 %

Current Ratio

0,52

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	506 000	228 000	129 000
Net Income	−93 000	−58 000	−4 000
Total Assets	136 000	108 000	160 000
Total Equity	−125 000	−32 000	26 000

Income (NOK)	2022	2021	2020
Revenue	506 000	228 000	129 000
Expenditure	599 000	286 000	133 000
Operating Profit	−93 000	−58 000	−4 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−93 000	−58 000	−4 000
Tax	0	0	0
Net Income	−93 000	−58 000	−4 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	136 000	108 000	160 000
Total Assets	136 000	108 000	160 000
Total Retained Equity	−155 000	−62 000	−4 000
Total Equity	−125 000	−32 000	26 000
Total Long-Term Debt	0	0	0
Total Current Debt	261 000	140 000	135 000
Total Equity and Debt	136 000	108 000	160 000

Cash flow (NOK)	2022	2021	2020
Sales Income	506 000	228 000	129 000
Other Income	0	0	0
Revenue	506 000	228 000	129 000
Cost of Goods Sold	354 000	180 000	72 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	599 000	286 000	133 000
Operating Profit	−93 000	−58 000	−4 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−93 000	−58 000	−4 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	110 000	95 000	109 000
Total Investments	0	0	0
Cash, Bank	15 000	0	16 000
Total Current Assets	136 000	108 000	160 000
Total Assets	136 000	108 000	160 000
Total Equity	−125 000	−32 000	26 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	43 000	16 000	45 000
Unpaid Taxes	38 000	2 000	0
Dividends	0	0	0
Other Current Debt	181 000	122 000	90 000
Total Current Debt	261 000	140 000	135 000
Total Equity and Debt	136 000	108 000	160 000

Financial indicators	2022	2021	2020
Return on Equity	74,4 %	181,25 %	−15,38 %
Debt-to-Equity Ratio	−0	−0	0
Operating Profit Margin	−18,38 %	−25,44 %	−3,1 %
Current Ratio	0,52	0,77	1,19
Quick Ratio	0,9	2,4	6,15
Equity Ratio	−0,92	−0,3	0,16
Gross Profit Margin	30,04 %	21,05 %	44,19 %