VELDE FJELLBORING AS

4308 SANDNES

Finances

Share Ownership

Return on Equity

175,58 %

Current Ratio

0,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	68 222 000	85 779 000	60 705 000	12 178 000
Net Income	5 234 000	7 602 000	3 356 000	−171 000
Total Assets	30 257 000	37 053 000	21 751 000	14 705 000
Total Equity	2 981 000	9 639 000	5 037 000	3 681 000

Income (NOK)	2022	2021	2020	2019
Revenue	68 222 000	85 779 000	60 705 000	12 178 000
Expenditure	61 007 000	75 918 000	56 166 000	12 205 000
Operating Profit	7 215 000	9 861 000	4 540 000	−27 000
Financial Income	79 000	0	2 000	0
Financial Costs	574 000	122 000	247 000	190 000
Financial Balance	−495 000	−122 000	−245 000	−190 000
Earnings Before Tax	6 720 000	9 740 000	4 295 000	−216 000
Tax	1 486 000	2 137 000	939 000	−45 000
Net Income	5 234 000	7 602 000	3 356 000	−171 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 460 000	4 919 000	185 000	63 000
Total Current Assets	24 797 000	32 134 000	21 566 000	14 642 000
Total Assets	30 257 000	37 053 000	21 751 000	14 705 000
Total Retained Equity	2 461 000	9 119 000	4 517 000	3 161 000
Total Equity	2 981 000	9 639 000	5 037 000	3 681 000
Total Long-Term Debt	0	281 000	134 000	414 000
Total Current Debt	27 276 000	27 133 000	16 580 000	10 610 000
Total Equity and Debt	30 257 000	37 053 000	21 751 000	14 705 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	68 222 000	85 779 000	60 705 000	12 178 000
Other Income	0	0	0	0
Revenue	68 222 000	85 779 000	60 705 000	12 178 000
Cost of Goods Sold	55 288 000	70 616 000	50 877 000	8 398 000
Salary Costs	0	20 000	18 000	9 000
Depreciation	1 086 000	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	61 007 000	75 918 000	56 166 000	12 205 000
Operating Profit	7 215 000	9 861 000	4 540 000	−27 000
Financial Income	79 000	0	2 000	0
Financial Costs	574 000	122 000	247 000	190 000
Financial Balance	−495 000	−122 000	−245 000	−190 000
Dividends	5 607 000	3 000 000	2 000 000	0
Net Income	5 234 000	7 602 000	3 356 000	−171 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 454 000	4 919 000	185 000	63 000
Fixtures	0	0	0	0
Total Tangible Assets	5 454 000	4 919 000	185 000	63 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 460 000	4 919 000	185 000	63 000
Stock	500 000	500 000	500 000	7 425 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	24 797 000	32 134 000	21 566 000	14 642 000
Total Assets	30 257 000	37 053 000	21 751 000	14 705 000
Total Equity	2 981 000	9 639 000	5 037 000	3 681 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	281 000	134 000	414 000
Creditors	14 551 000	24 662 000	13 511 000	1 799 000
Unpaid Taxes	0	0	0	0
Dividends	5 607 000	3 000 000	2 000 000	0
Other Current Debt	12 118 000	480 000	1 850 000	8 811 000
Total Current Debt	27 276 000	27 133 000	16 580 000	10 610 000
Total Equity and Debt	30 257 000	37 053 000	21 751 000	14 705 000

Financial indicators	2022	2021	2020	2019
Return on Equity	175,58 %	78,87 %	66,63 %	−4,65 %
Debt-to-Equity Ratio	0	0,03	0,03	0,11
Operating Profit Margin	10,58 %	11,5 %	7,48 %	−0,22 %
Current Ratio	0,91	1,18	1,3	1,38
Quick Ratio	0,93	1,21	1,34	4,6
Equity Ratio	0,1	0,26	0,23	0,25
Gross Profit Margin	18,96 %	17,68 %	16,19 %	31,04 %