VELA-EIENDOM AS

1613 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

10,32 %

Current Ratio

1,4

Debt-to-Equity Ratio

5,82

Key figures (NOK)	2022	2021	2020
Revenue	538 000	424 000	39 000
Net Income	126 000	134 000	−28 000
Total Assets	8 393 000	8 373 000	5 235 000
Total Equity	1 221 000	1 094 000	960 000

Income (NOK)	2022	2021	2020
Revenue	538 000	424 000	39 000
Expenditure	113 000	84 000	52 000
Operating Profit	426 000	339 000	−14 000
Financial Income	0	0	4 000
Financial Costs	263 000	179 000	19 000
Financial Balance	−263 000	−179 000	−15 000
Earnings Before Tax	162 000	160 000	−28 000
Tax	36 000	27 000	0
Net Income	126 000	134 000	−28 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	8 305 000	8 281 000	5 205 000
Total Current Assets	88 000	92 000	30 000
Total Assets	8 393 000	8 373 000	5 235 000
Total Retained Equity	232 000	106 000	−28 000
Total Equity	1 221 000	1 094 000	960 000
Total Long-Term Debt	7 110 000	7 238 000	4 275 000
Total Current Debt	63 000	41 000	0
Total Equity and Debt	8 393 000	8 373 000	5 235 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	538 000	424 000	39 000
Revenue	538 000	424 000	39 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	113 000	84 000	52 000
Operating Profit	426 000	339 000	−14 000
Financial Income	0	0	4 000
Financial Costs	263 000	179 000	19 000
Financial Balance	−263 000	−179 000	−15 000
Dividends	0	0	0
Net Income	126 000	134 000	−28 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	8 305 000	8 281 000	5 205 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	8 305 000	8 281 000	5 205 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	8 305 000	8 281 000	5 205 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	86 000	90 000	28 000
Total Current Assets	88 000	92 000	30 000
Total Assets	8 393 000	8 373 000	5 235 000
Total Equity	1 221 000	1 094 000	960 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	7 110 000	7 238 000	4 275 000
Creditors	3 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	24 000	14 000	0
Total Current Debt	63 000	41 000	0
Total Equity and Debt	8 393 000	8 373 000	5 235 000

Financial indicators	2022	2021	2020
Return on Equity	10,32 %	12,25 %	−2,92 %
Debt-to-Equity Ratio	5,82	6,62	4,45
Operating Profit Margin	79,18 %	79,95 %	−35,9 %
Current Ratio	1,4	2,24	-
Quick Ratio	1,4	2,24	-
Equity Ratio	0,15	0,13	0,18
Gross Profit Margin	100 %	100 %	100 %