VELØY BORETTSLAG

3211 SANDEFJORD

Finances

Share Ownership

Return on Equity

26,68 %

Current Ratio

4,71

Debt-to-Equity Ratio

7,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 049 000	1 014 000	1 017 000	988 000
Net Income	305 000	362 000	279 000	226 000
Total Assets	9 334 000	9 319 000	9 266 000	9 322 000
Total Equity	1 143 000	839 000	477 000	198 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 049 000	1 014 000	1 017 000	988 000
Expenditure	554 000	522 000	575 000	581 000
Operating Profit	495 000	492 000	443 000	407 000
Financial Income	7 000	0	1 000	4 000
Financial Costs	197 000	131 000	165 000	184 000
Financial Balance	−190 000	−131 000	−164 000	−180 000
Earnings Before Tax	305 000	362 000	279 000	226 000
Tax	0	0	0	0
Net Income	305 000	362 000	279 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 548 000	8 548 000	8 549 000	8 549 000
Total Current Assets	786 000	771 000	716 000	773 000
Total Assets	9 334 000	9 319 000	9 266 000	9 322 000
Total Retained Equity	1 142 000	837 000	475 000	197 000
Total Equity	1 143 000	839 000	477 000	198 000
Total Long-Term Debt	8 024 000	8 290 000	8 565 000	8 803 000
Total Current Debt	167 000	190 000	224 000	321 000
Total Equity and Debt	9 334 000	9 319 000	9 266 000	9 322 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 049 000	1 014 000	1 017 000	988 000
Revenue	1 049 000	1 014 000	1 017 000	988 000
Cost of Goods Sold	0	0	0	0
Salary Costs	28 000	22 000	33 000	34 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	554 000	522 000	575 000	581 000
Operating Profit	495 000	492 000	443 000	407 000
Financial Income	7 000	0	1 000	4 000
Financial Costs	197 000	131 000	165 000	184 000
Financial Balance	−190 000	−131 000	−164 000	−180 000
Dividends	0	0	0	0
Net Income	305 000	362 000	279 000	226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 548 000	8 548 000	8 548 000	8 548 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 548 000	8 548 000	8 548 000	8 548 000
Total Fiancial Fixed Assets	0	0	1 000	1 000
Total Fixed Assets	8 548 000	8 548 000	8 549 000	8 549 000
Stock	0	0	0	0
Total Investments	0	0	0	183 000
Cash, Bank	577 000	623 000	565 000	430 000
Total Current Assets	786 000	771 000	716 000	773 000
Total Assets	9 334 000	9 319 000	9 266 000	9 322 000
Total Equity	1 143 000	839 000	477 000	198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 024 000	8 290 000	8 565 000	8 803 000
Creditors	97 000	145 000	164 000	114 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	70 000	45 000	59 000	207 000
Total Current Debt	167 000	190 000	224 000	321 000
Total Equity and Debt	9 334 000	9 319 000	9 266 000	9 322 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,68 %	43,15 %	58,49 %	114,14 %
Debt-to-Equity Ratio	7,02	9,88	17,96	44,46
Operating Profit Margin	47,19 %	48,52 %	43,56 %	41,19 %
Current Ratio	4,71	4,06	3,2	2,41
Quick Ratio	4,71	4,06	3,2	2,41
Equity Ratio	0,12	0,09	0,05	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %