VELTEC INDUSTRIAL SERVICES

5954 MONGSTAD

Finances

Share Ownership

Return on Equity

23,97 %

Current Ratio

6,87

Debt-to-Equity Ratio

0,02

Key figures (DKK)	2022	2021	2020	2019
Revenue	292 784 000	142 815 000	168 157 000	356 575 000
Net Income	35 705 000	2 932 000	−4 763 000	50 090 000
Total Assets	178 552 000	131 263 000	130 518 000	150 831 000
Total Equity	148 957 000	113 252 000	110 320 000	115 084 000

Income (DKK)	2022	2021	2020	2019
Revenue	292 784 000	142 815 000	168 157 000	356 575 000
Expenditure	247 009 000	139 056 000	174 264 000	292 357 000
Operating Profit	45 776 000	3 759 000	−6 107 000	64 218 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	45 776 000	3 759 000	−6 107 000	64 218 000
Tax	10 071 000	827 000	−1 343 000	14 128 000
Net Income	35 705 000	2 932 000	−4 763 000	50 090 000

Balance (DKK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	178 552 000	131 263 000	130 518 000	150 831 000
Total Assets	178 552 000	131 263 000	130 518 000	150 831 000
Total Retained Equity	148 957 000	113 252 000	110 320 000	115 084 000
Total Equity	148 957 000	113 252 000	110 320 000	115 084 000
Total Long-Term Debt	3 588 000	1 250 000	3 298 000	14 627 000
Total Current Debt	26 007 000	16 761 000	16 899 000	21 121 000
Total Equity and Debt	178 552 000	131 263 000	130 518 000	150 831 000

Cash flow (DKK)	2022	2021	2020	2019
Sales Income	292 784 000	142 815 000	168 157 000	356 575 000
Other Income	0	0	0	0
Revenue	292 784 000	142 815 000	168 157 000	356 575 000
Cost of Goods Sold	183 678 000	81 290 000	90 023 000	220 634 000
Salary Costs	31 752 000	34 919 000	28 752 000	63 274 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	247 009 000	139 056 000	174 264 000	292 357 000
Operating Profit	45 776 000	3 759 000	−6 107 000	64 218 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	35 705 000	2 932 000	−4 763 000	50 090 000

Balance details (DKK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	178 552 000	131 263 000	130 518 000	150 831 000
Total Assets	178 552 000	131 263 000	130 518 000	150 831 000
Total Equity	148 957 000	113 252 000	110 320 000	115 084 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 588 000	1 250 000	3 298 000	14 627 000
Creditors	13 348 000	6 866 000	2 260 000	2 075 000
Unpaid Taxes	4 927 000	7 020 000	4 654 000	16 531 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	26 007 000	16 761 000	16 899 000	21 121 000
Total Equity and Debt	178 552 000	131 263 000	130 518 000	150 831 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,97 %	2,59 %	−4,32 %	43,52 %
Debt-to-Equity Ratio	0,02	0,01	0,03	0,13
Operating Profit Margin	15,63 %	2,63 %	−3,63 %	18,01 %
Current Ratio	6,87	7,83	7,72	7,14
Quick Ratio	6,87	7,83	7,72	7,14
Equity Ratio	0,83	0,86	0,85	0,76
Gross Profit Margin	37,27 %	43,08 %	46,46 %	38,12 %