VELA AS

7604 LEVANGER

Finances

Return on Equity

33,7 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 329 000	45 142 000	31 627 000	38 212 000
Net Income	3 229 000	2 615 000	1 187 000	1 202 000
Total Assets	41 591 000	19 171 000	14 940 000	15 434 000
Total Equity	9 581 000	6 352 000	9 737 000	8 550 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 329 000	45 142 000	31 627 000	38 212 000
Expenditure	41 527 000	40 996 000	29 666 000	36 451 000
Operating Profit	4 802 000	3 782 000	1 159 000	2 187 000
Financial Income	1 247 000	312 000	1 533 000	−37 000
Financial Costs	1 909 000	742 000	1 167 000	603 000
Financial Balance	−662 000	−430 000	366 000	−640 000
Earnings Before Tax	4 140 000	3 352 000	1 525 000	1 548 000
Tax	911 000	738 000	338 000	346 000
Net Income	3 229 000	2 615 000	1 187 000	1 202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 000	41 000	46 000	55 000
Total Current Assets	41 552 000	19 130 000	14 894 000	15 380 000
Total Assets	41 591 000	19 171 000	14 940 000	15 434 000
Total Retained Equity	8 906 000	5 677 000	9 062 000	7 875 000
Total Equity	9 581 000	6 352 000	9 737 000	8 550 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	32 010 000	12 818 000	5 202 000	6 884 000
Total Equity and Debt	41 591 000	19 171 000	14 940 000	15 434 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 329 000	45 142 000	31 627 000	38 212 000
Other Income	0	0	0	0
Revenue	46 329 000	45 142 000	31 627 000	38 212 000
Cost of Goods Sold	30 481 000	31 099 000	18 608 000	27 857 000
Salary Costs	6 644 000	6 084 000	5 483 000	4 533 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	41 527 000	40 996 000	29 666 000	36 451 000
Operating Profit	4 802 000	3 782 000	1 159 000	2 187 000
Financial Income	1 247 000	312 000	1 533 000	−37 000
Financial Costs	1 909 000	742 000	1 167 000	603 000
Financial Balance	−662 000	−430 000	366 000	−640 000
Dividends	0	0	0	0
Net Income	3 229 000	2 615 000	1 187 000	1 202 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	41 000	43 000	45 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	4 000	10 000
Total Fixed Assets	39 000	41 000	46 000	55 000
Stock	6 501 000	3 757 000	3 250 000	3 953 000
Total Investments	0	0	0	0
Cash, Bank	8 497 000	4 784 000	4 596 000	2 283 000
Total Current Assets	41 552 000	19 130 000	14 894 000	15 380 000
Total Assets	41 591 000	19 171 000	14 940 000	15 434 000
Total Equity	9 581 000	6 352 000	9 737 000	8 550 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 943 000	4 893 000	1 319 000	1 952 000
Unpaid Taxes	1 557 000	1 431 000	1 067 000	2 122 000
Dividends	0	0	0	0
Other Current Debt	26 600 000	5 758 000	2 481 000	2 457 000
Total Current Debt	32 010 000	12 818 000	5 202 000	6 884 000
Total Equity and Debt	41 591 000	19 171 000	14 940 000	15 434 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,7 %	41,17 %	12,19 %	14,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,36 %	8,38 %	3,66 %	5,72 %
Current Ratio	1,3	1,49	2,86	2,23
Quick Ratio	1,63	2,11	7,63	5,25
Equity Ratio	0,23	0,33	0,65	0,55
Gross Profit Margin	34,21 %	31,11 %	41,16 %	27,1 %