VELLE KRAFT AS

6220 STRAUMGJERDE

Finances

Share Ownership

Return on Equity

−12,22 %

Current Ratio

0,67

Debt-to-Equity Ratio

2,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	355 000	578 000	216 000	650 000
Net Income	−61 000	132 000	−38 000	153 000
Total Assets	1 882 000	2 175 000	2 036 000	2 171 000
Total Equity	499 000	561 000	428 000	466 000

Income (NOK)	2022	2021	2020	2019
Revenue	355 000	578 000	216 000	650 000
Expenditure	369 000	368 000	228 000	401 000
Operating Profit	−14 000	210 000	−13 000	248 000
Financial Income	8 000	7 000	14 000	11 000
Financial Costs	56 000	48 000	50 000	62 000
Financial Balance	−48 000	−41 000	−36 000	−51 000
Earnings Before Tax	−61 000	170 000	−49 000	196 000
Tax	0	38 000	−11 000	43 000
Net Income	−61 000	132 000	−38 000	153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 626 000	1 698 000	1 769 000	1 841 000
Total Current Assets	256 000	476 000	267 000	330 000
Total Assets	1 882 000	2 175 000	2 036 000	2 171 000
Total Retained Equity	399 000	461 000	328 000	366 000
Total Equity	499 000	561 000	428 000	466 000
Total Long-Term Debt	1 002 000	1 146 000	1 230 000	1 295 000
Total Current Debt	381 000	468 000	378 000	410 000
Total Equity and Debt	1 882 000	2 175 000	2 036 000	2 171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	355 000	578 000	169 000	539 000
Other Income	0	0	46 000	111 000
Revenue	355 000	578 000	216 000	650 000
Cost of Goods Sold	126 000	138 000	64 000	100 000
Salary Costs	0	0	0	0
Depreciation	72 000	74 000	74 000	74 000
Impairment	0	0	0	0
Expenditure	369 000	368 000	228 000	401 000
Operating Profit	−14 000	210 000	−13 000	248 000
Financial Income	8 000	7 000	14 000	11 000
Financial Costs	56 000	48 000	50 000	62 000
Financial Balance	−48 000	−41 000	−36 000	−51 000
Dividends	0	0	0	0
Net Income	−61 000	132 000	−38 000	153 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	12 000	8 000	6 000
Real Eastate	335 000	342 000	349 000	357 000
Machinery and Plant Facilities	1 279 000	1 332 000	1 385 000	1 437 000
Fixtures	0	12 000	26 000	41 000
Total Tangible Assets	1 614 000	1 686 000	1 761 000	1 835 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 626 000	1 698 000	1 769 000	1 841 000
Stock	0	0	0	0
Total Investments	1 000	1 000	1 000	1 000
Cash, Bank	79 000	264 000	1 000	138 000
Total Current Assets	256 000	476 000	267 000	330 000
Total Assets	1 882 000	2 175 000	2 036 000	2 171 000
Total Equity	499 000	561 000	428 000	466 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 002 000	1 146 000	1 230 000	1 295 000
Creditors	19 000	16 000	31 000	46 000
Unpaid Taxes	59 000	119 000	27 000	134 000
Dividends	0	0	0	0
Other Current Debt	303 000	292 000	319 000	186 000
Total Current Debt	381 000	468 000	378 000	410 000
Total Equity and Debt	1 882 000	2 175 000	2 036 000	2 171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,22 %	23,53 %	−8,88 %	32,83 %
Debt-to-Equity Ratio	2,01	2,04	2,87	2,78
Operating Profit Margin	−3,94 %	36,33 %	−6,02 %	38,15 %
Current Ratio	0,67	1,02	0,71	0,8
Quick Ratio	0,67	1,02	0,71	0,8
Equity Ratio	0,27	0,26	0,21	0,21
Gross Profit Margin	64,51 %	76,12 %	70,37 %	84,62 %