VELVÆRESENTERET AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

31,82 %

Current Ratio

4,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 000	74 000	71 000	60 000
Net Income	7 000	16 000	−10 000	9 000
Total Assets	28 000	20 000	11 000	13 000
Total Equity	22 000	15 000	−1 000	10 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 000	74 000	71 000	60 000
Expenditure	73 000	58 000	81 000	51 000
Operating Profit	7 000	16 000	−10 000	9 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	7 000	16 000	−10 000	9 000
Tax	0	0	0	0
Net Income	7 000	16 000	−10 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	28 000	20 000	11 000	13 000
Total Assets	28 000	20 000	11 000	13 000
Total Retained Equity	−78 000	−85 000	−101 000	−90 000
Total Equity	22 000	15 000	−1 000	10 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 000	5 000	12 000	4 000
Total Equity and Debt	28 000	20 000	11 000	13 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	80 000	74 000	71 000	60 000
Other Income	0	0	0	0
Revenue	80 000	74 000	71 000	60 000
Cost of Goods Sold	0	0	0	0
Salary Costs	50 000	37 000	62 000	30 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	73 000	58 000	81 000	51 000
Operating Profit	7 000	16 000	−10 000	9 000
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	7 000	16 000	−10 000	9 000

Balance details (NOK)	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	28 000	20 000	11 000	13 000
Total Current Assets	28 000	20 000	11 000	13 000
Total Assets	28 000	20 000	11 000	13 000
Total Equity	22 000	15 000	−1 000	10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	4 000	1 000
Dividends	0	0	0	0
Other Current Debt	6 000	4 000	7 000	3 000
Total Current Debt	6 000	5 000	12 000	4 000
Total Equity and Debt	28 000	20 000	11 000	13 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,82 %	106,67 %	1 000 %	90 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	8,75 %	21,62 %	−14,08 %	15 %
Current Ratio	4,67	4	0,92	3,25
Quick Ratio	4,67	4	0,92	3,25
Equity Ratio	0,79	0,75	−0,09	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %