FRONT HOLDING VELO AS

3511 HØNEFOSS

Finances

Return on Equity

18,51 %

Current Ratio

N/A

Debt-to-Equity Ratio

10,55

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	270 000	363 000	−5 000
Total Assets	16 857 000	9 669 000	8 769 000
Total Equity	1 459 000	1 188 000	1 189 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	326 000	0	0
Operating Profit	−326 000	0	0
Financial Income	596 000	501 000	0
Financial Costs	0	138 000	5 000
Financial Balance	596 000	363 000	−5 000
Earnings Before Tax	270 000	363 000	−5 000
Tax	0	0	0
Net Income	270 000	363 000	−5 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	16 221 000	8 991 000	7 593 000
Total Current Assets	636 000	678 000	1 176 000
Total Assets	16 857 000	9 669 000	8 769 000
Total Retained Equity	270 000	0	−11 000
Total Equity	1 459 000	1 188 000	1 189 000
Total Long-Term Debt	15 398 000	8 117 000	7 580 000
Total Current Debt	0	363 000	0
Total Equity and Debt	16 857 000	9 669 000	8 769 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	326 000	0	0
Operating Profit	−326 000	0	0
Financial Income	596 000	501 000	0
Financial Costs	0	138 000	5 000
Financial Balance	596 000	363 000	−5 000
Dividends	0	363 000	0
Net Income	270 000	363 000	−5 000

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	16 221 000	8 991 000	7 593 000
Total Fixed Assets	16 221 000	8 991 000	7 593 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	636 000	678 000	1 176 000
Total Current Assets	636 000	678 000	1 176 000
Total Assets	16 857 000	9 669 000	8 769 000
Total Equity	1 459 000	1 188 000	1 189 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	15 398 000	8 117 000	7 580 000
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	363 000	0
Other Current Debt	0	0	0
Total Current Debt	0	363 000	0
Total Equity and Debt	16 857 000	9 669 000	8 769 000

Financial indicators	2022	2021	2020
Return on Equity	18,51 %	30,56 %	−0,42 %
Debt-to-Equity Ratio	10,55	6,83	6,38
Operating Profit Margin	-	-	-
Current Ratio	-	1,87	-
Quick Ratio	-	1,87	-
Equity Ratio	0,09	0,12	0,14
Gross Profit Margin	-	-	-