VELO GALVANISK ANLEGG AS

7037 TRONDHEIM

Finances

Share Ownership

Return on Equity

12,73 %

Current Ratio

2,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 184 000	8 531 000	9 068 000	12 311 000
Net Income	1 323 000	1 490 000	2 206 000	3 742 000
Total Assets	13 316 000	11 885 000	10 916 000	11 426 000
Total Equity	10 394 000	10 171 000	8 681 000	6 474 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 184 000	8 531 000	9 068 000	12 311 000
Expenditure	7 865 000	6 603 000	6 227 000	7 481 000
Operating Profit	1 345 000	1 927 000	2 842 000	4 831 000
Financial Income	363 000	7 000	5 000	11 000
Financial Costs	9 000	21 000	18 000	39 000
Financial Balance	354 000	−14 000	−13 000	−28 000
Earnings Before Tax	1 699 000	1 913 000	2 830 000	4 803 000
Tax	375 000	424 000	623 000	1 061 000
Net Income	1 323 000	1 490 000	2 206 000	3 742 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 311 000	2 000 000	2 144 000	2 390 000
Total Current Assets	6 005 000	9 885 000	8 772 000	9 035 000
Total Assets	13 316 000	11 885 000	10 916 000	11 426 000
Total Retained Equity	9 144 000	8 920 000	7 430 000	5 224 000
Total Equity	10 394 000	10 171 000	8 681 000	6 474 000
Total Long-Term Debt	30 000	113 000	571 000	641 000
Total Current Debt	2 892 000	1 602 000	1 664 000	4 310 000
Total Equity and Debt	13 316 000	11 885 000	10 916 000	11 426 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 064 000	8 074 000	9 068 000	12 292 000
Other Income	120 000	458 000	0	19 000
Revenue	9 184 000	8 531 000	9 068 000	12 311 000
Cost of Goods Sold	1 137 000	112 000	888 000	1 100 000
Salary Costs	4 524 000	3 935 000	3 131 000	3 952 000
Depreciation	311 000	412 000	504 000	418 000
Impairment	99 000	0	0	0
Expenditure	7 865 000	6 603 000	6 227 000	7 481 000
Operating Profit	1 345 000	1 927 000	2 842 000	4 831 000
Financial Income	363 000	7 000	5 000	11 000
Financial Costs	9 000	21 000	18 000	39 000
Financial Balance	354 000	−14 000	−13 000	−28 000
Dividends	0	0	0	0
Net Income	1 323 000	1 490 000	2 206 000	3 742 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	691 000	26 000	32 000	40 000
Fixtures	773 000	1 574 000	2 112 000	2 350 000
Total Tangible Assets	1 464 000	1 600 000	2 144 000	2 390 000
Total Fiancial Fixed Assets	5 833 000	400 000	0	0
Total Fixed Assets	7 311 000	2 000 000	2 144 000	2 390 000
Stock	833 000	1 473 000	1 046 000	1 005 000
Total Investments	0	0	0	0
Cash, Bank	3 636 000	6 831 000	6 150 000	3 788 000
Total Current Assets	6 005 000	9 885 000	8 772 000	9 035 000
Total Assets	13 316 000	11 885 000	10 916 000	11 426 000
Total Equity	10 394 000	10 171 000	8 681 000	6 474 000
Short-Term Group Debt	1 410 000	0	0	1 965 000
Total Long-Term Debt	30 000	113 000	571 000	641 000
Creditors	132 000	352 000	71 000	254 000
Unpaid Taxes	663 000	497 000	676 000	730 000
Dividends	0	0	0	0
Other Current Debt	525 000	372 000	291 000	333 000
Total Current Debt	2 892 000	1 602 000	1 664 000	4 310 000
Total Equity and Debt	13 316 000	11 885 000	10 916 000	11 426 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,73 %	14,65 %	25,41 %	57,8 %
Debt-to-Equity Ratio	0	0,01	0,07	0,1
Operating Profit Margin	14,65 %	22,59 %	31,34 %	39,24 %
Current Ratio	2,08	6,17	5,27	2,1
Quick Ratio	2,92	76,63	14,19	2,73
Equity Ratio	0,78	0,86	0,8	0,57
Gross Profit Margin	87,62 %	98,69 %	90,21 %	91,06 %