VELBYGD AS

5525 HAUGESUND

Finances

Return on Equity

−34,53 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 010 000	17 159 000	17 296 000	27 399 000
Net Income	−1 712 000	−5 552 000	−4 912 000	−2 827 000
Total Assets	14 760 000	17 339 000	10 553 000	18 164 000
Total Equity	4 958 000	6 671 000	6 409 000	7 489 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 010 000	17 159 000	17 296 000	27 399 000
Expenditure	41 162 000	24 270 000	23 631 000	31 303 000
Operating Profit	−2 152 000	−7 110 000	−6 335 000	−3 905 000
Financial Income	11 000	9 000	36 000	5 000
Financial Costs	54 000	17 000	1 000	74 000
Financial Balance	−43 000	−8 000	35 000	−69 000
Earnings Before Tax	−2 195 000	−7 118 000	−6 300 000	−3 974 000
Tax	−483 000	−1 566 000	−1 388 000	−1 147 000
Net Income	−1 712 000	−5 552 000	−4 912 000	−2 827 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 403 000	829 000	499 000	709 000
Total Current Assets	13 357 000	16 510 000	10 054 000	17 455 000
Total Assets	14 760 000	17 339 000	10 553 000	18 164 000
Total Retained Equity	0	0	0	0
Total Equity	4 958 000	6 671 000	6 409 000	7 489 000
Total Long-Term Debt	0	0	0	169 000
Total Current Debt	9 801 000	10 668 000	4 145 000	10 506 000
Total Equity and Debt	14 760 000	17 339 000	10 553 000	18 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 010 000	17 079 000	17 022 000	27 399 000
Other Income	0	80 000	274 000	0
Revenue	39 010 000	17 159 000	17 296 000	27 399 000
Cost of Goods Sold	25 063 000	9 995 000	11 274 000	19 675 000
Salary Costs	10 787 000	9 092 000	7 579 000	6 131 000
Depreciation	271 000	211 000	247 000	334 000
Impairment	0	0	0	0
Expenditure	41 162 000	24 270 000	23 631 000	31 303 000
Operating Profit	−2 152 000	−7 110 000	−6 335 000	−3 905 000
Financial Income	11 000	9 000	36 000	5 000
Financial Costs	54 000	17 000	1 000	74 000
Financial Balance	−43 000	−8 000	35 000	−69 000
Dividends	0	0	0	0
Net Income	−1 712 000	−5 552 000	−4 912 000	−2 827 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	547 000	64 000	138 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	856 000	764 000	361 000	709 000
Total Tangible Assets	856 000	764 000	361 000	709 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 403 000	829 000	499 000	709 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 260 000	642 000	1 545 000	1 256 000
Total Current Assets	13 357 000	16 510 000	10 054 000	17 455 000
Total Assets	14 760 000	17 339 000	10 553 000	18 164 000
Total Equity	4 958 000	6 671 000	6 409 000	7 489 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	169 000
Creditors	5 139 000	3 239 000	751 000	3 584 000
Unpaid Taxes	1 655 000	1 251 000	682 000	1 153 000
Dividends	0	0	0	0
Other Current Debt	3 007 000	6 178 000	2 712 000	5 769 000
Total Current Debt	9 801 000	10 668 000	4 145 000	10 506 000
Total Equity and Debt	14 760 000	17 339 000	10 553 000	18 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,53 %	−83,23 %	−76,64 %	−37,75 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	−5,52 %	−41,44 %	−36,63 %	−14,25 %
Current Ratio	1,36	1,55	2,43	1,66
Quick Ratio	1,36	1,55	2,43	1,66
Equity Ratio	0,34	0,38	0,61	0,41
Gross Profit Margin	35,75 %	41,75 %	34,82 %	28,19 %