VELFJORD EIENDOMSSELSKAP AS

8960 VELFJORD

Finances

Share Ownership

Return on Equity

3,72 %

Current Ratio

1,42

Debt-to-Equity Ratio

1,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	286 000	242 000	237 000	247 000
Net Income	40 000	−49 000	72 000	59 000
Total Assets	2 639 000	2 349 000	2 517 000	2 547 000
Total Equity	1 076 000	886 000	935 000	863 000

Income (NOK)	2022	2021	2020	2019
Revenue	286 000	242 000	237 000	247 000
Expenditure	182 000	248 000	113 000	129 000
Operating Profit	104 000	−5 000	125 000	118 000
Financial Income	0	0	1 000	2 000
Financial Costs	65 000	44 000	53 000	60 000
Financial Balance	−65 000	−44 000	−52 000	−58 000
Earnings Before Tax	40 000	−49 000	72 000	59 000
Tax	0	0	0	0
Net Income	40 000	−49 000	72 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 269 000	2 264 000	2 295 000	2 330 000
Total Current Assets	370 000	85 000	222 000	217 000
Total Assets	2 639 000	2 349 000	2 517 000	2 547 000
Total Retained Equity	−2 572 000	−2 612 000	−2 563 000	−2 635 000
Total Equity	1 076 000	886 000	935 000	863 000
Total Long-Term Debt	1 302 000	1 368 000	1 498 000	1 601 000
Total Current Debt	261 000	95 000	84 000	83 000
Total Equity and Debt	2 639 000	2 349 000	2 517 000	2 547 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	216 000	214 000	27 000	42 000
Other Income	70 000	28 000	210 000	205 000
Revenue	286 000	242 000	237 000	247 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	43 000	31 000	36 000	37 000
Impairment	0	0	0	0
Expenditure	182 000	248 000	113 000	129 000
Operating Profit	104 000	−5 000	125 000	118 000
Financial Income	0	0	1 000	2 000
Financial Costs	65 000	44 000	53 000	60 000
Financial Balance	−65 000	−44 000	−52 000	−58 000
Dividends	0	0	0	0
Net Income	40 000	−49 000	72 000	59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 269 000	2 264 000	2 295 000	2 330 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 269 000	2 264 000	2 295 000	2 330 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 269 000	2 264 000	2 295 000	2 330 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	209 000	4 000	148 000	143 000
Total Current Assets	370 000	85 000	222 000	217 000
Total Assets	2 639 000	2 349 000	2 517 000	2 547 000
Total Equity	1 076 000	886 000	935 000	863 000
Short-Term Group Debt	114 000	0	0	0
Total Long-Term Debt	1 302 000	1 368 000	1 498 000	1 601 000
Creditors	47 000	25 000	4 000	17 000
Unpaid Taxes	30 000	10 000	21 000	7 000
Dividends	0	0	0	0
Other Current Debt	70 000	60 000	59 000	59 000
Total Current Debt	261 000	95 000	84 000	83 000
Total Equity and Debt	2 639 000	2 349 000	2 517 000	2 547 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,72 %	−5,53 %	7,7 %	6,84 %
Debt-to-Equity Ratio	1,21	1,54	1,6	1,86
Operating Profit Margin	36,36 %	−2,07 %	52,74 %	47,77 %
Current Ratio	1,42	0,89	2,64	2,61
Quick Ratio	1,42	0,89	2,64	2,61
Equity Ratio	0,41	0,38	0,37	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %