VELOXIT AS

0254 OSLO

Finances

Return on Equity

16,03 %

Current Ratio

4,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 931 000	2 388 000	2 425 000	2 857 000
Net Income	459 000	272 000	83 000	−82 000
Total Assets	3 369 000	2 901 000	2 521 000	2 662 000
Total Equity	2 863 000	2 404 000	2 132 000	2 048 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 931 000	2 388 000	2 425 000	2 857 000
Expenditure	2 430 000	2 115 000	2 341 000	2 788 000
Operating Profit	501 000	272 000	83 000	70 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	1 000
Earnings Before Tax	499 000	272 000	83 000	71 000
Tax	41 000	0	0	153 000
Net Income	459 000	272 000	83 000	−82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	851 000	1 043 000	1 237 000	1 431 000
Total Current Assets	2 518 000	1 859 000	1 284 000	1 231 000
Total Assets	3 369 000	2 901 000	2 521 000	2 662 000
Total Retained Equity	2 773 000	2 314 000	2 042 000	1 958 000
Total Equity	2 863 000	2 404 000	2 132 000	2 048 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	507 000	497 000	389 000	614 000
Total Equity and Debt	3 369 000	2 901 000	2 521 000	2 662 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 931 000	2 378 000	2 425 000	2 863 000
Other Income	0	10 000	0	−6 000
Revenue	2 931 000	2 388 000	2 425 000	2 857 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 014 000	1 717 000	1 919 000	2 302 000
Depreciation	192 000	194 000	194 000	168 000
Impairment	0	0	0	0
Expenditure	2 430 000	2 115 000	2 341 000	2 788 000
Operating Profit	501 000	272 000	83 000	70 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	1 000
Dividends	0	0	0	0
Net Income	459 000	272 000	83 000	−82 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	826 000	991 000	1 156 000	1 321 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	27 000	56 000	85 000
Total Tangible Assets	0	27 000	56 000	85 000
Total Fiancial Fixed Assets	25 000	25 000	25 000	25 000
Total Fixed Assets	851 000	1 043 000	1 237 000	1 431 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 832 000	1 201 000	896 000	799 000
Total Current Assets	2 518 000	1 859 000	1 284 000	1 231 000
Total Assets	3 369 000	2 901 000	2 521 000	2 662 000
Total Equity	2 863 000	2 404 000	2 132 000	2 048 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	2 000	6 000	11 000
Unpaid Taxes	239 000	214 000	203 000	260 000
Dividends	0	0	0	0
Other Current Debt	218 000	282 000	180 000	343 000
Total Current Debt	507 000	497 000	389 000	614 000
Total Equity and Debt	3 369 000	2 901 000	2 521 000	2 662 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,03 %	11,31 %	3,89 %	−4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,09 %	11,39 %	3,42 %	2,45 %
Current Ratio	4,97	3,74	3,3	2
Quick Ratio	4,97	3,74	3,3	2
Equity Ratio	0,85	0,83	0,85	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %