VELDE HOLDING AS

4055 SOLA

Finances

Return on Equity

17,06 %

Current Ratio

8,38

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	851 000	180 000	146 000	400 000
Net Income	39 914 000	6 784 000	51 440 000	−21 493 000
Total Assets	426 230 000	386 084 000	260 161 000	184 521 000
Total Equity	233 894 000	197 980 000	125 079 000	73 639 000

Income (NOK)	2022	2021	2020	2019
Revenue	851 000	180 000	146 000	400 000
Expenditure	2 032 000	1 482 000	465 000	340 000
Operating Profit	−1 182 000	−1 302 000	−319 000	60 000
Financial Income	47 194 000	12 977 000	66 459 000	4 758 000
Financial Costs	6 098 000	4 892 000	14 700 000	26 311 000
Financial Balance	41 096 000	8 085 000	51 759 000	−21 553 000
Earnings Before Tax	39 914 000	6 784 000	51 440 000	−21 493 000
Tax	0	0	0	0
Net Income	39 914 000	6 784 000	51 440 000	−21 493 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	194 832 000	139 705 000	103 551 000	103 240 000
Total Current Assets	231 397 000	246 379 000	156 611 000	81 281 000
Total Assets	426 230 000	386 084 000	260 161 000	184 521 000
Total Retained Equity	173 966 000	138 053 000	115 061 000	63 621 000
Total Equity	233 894 000	197 980 000	125 079 000	73 639 000
Total Long-Term Debt	164 731 000	175 702 000	135 032 000	0
Total Current Debt	27 604 000	12 401 000	50 000	110 882 000
Total Equity and Debt	426 230 000	386 084 000	260 161 000	184 521 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	851 000	180 000	46 000	300 000
Other Income	0	0	100 000	100 000
Revenue	851 000	180 000	146 000	400 000
Cost of Goods Sold	10 000	11 000	18 000	0
Salary Costs	955 000	130 000	23 000	0
Depreciation	351 000	266 000	79 000	53 000
Impairment	0	0	0	0
Expenditure	2 032 000	1 482 000	465 000	340 000
Operating Profit	−1 182 000	−1 302 000	−319 000	60 000
Financial Income	47 194 000	12 977 000	66 459 000	4 758 000
Financial Costs	6 098 000	4 892 000	14 700 000	26 311 000
Financial Balance	41 096 000	8 085 000	51 759 000	−21 553 000
Dividends	4 000 000	20 000 000	0	0
Net Income	39 914 000	6 784 000	51 440 000	−21 493 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	905 000	905 000	905 000	905 000
Machinery and Plant Facilities	87 000	114 000	164 000	198 000
Fixtures	896 000	872 000	374 000	29 000
Total Tangible Assets	1 888 000	1 891 000	1 443 000	1 132 000
Total Fiancial Fixed Assets	192 944 000	137 814 000	102 108 000	102 108 000
Total Fixed Assets	194 832 000	139 705 000	103 551 000	103 240 000
Stock	0	0	0	0
Total Investments	230 247 000	198 293 000	154 353 000	80 833 000
Cash, Bank	362 000	47 918 000	1 491 000	56 000
Total Current Assets	231 397 000	246 379 000	156 611 000	81 281 000
Total Assets	426 230 000	386 084 000	260 161 000	184 521 000
Total Equity	233 894 000	197 980 000	125 079 000	73 639 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	164 731 000	175 702 000	135 032 000	0
Creditors	0	95 000	41 000	14 000
Unpaid Taxes	251 000	0	0	75 000
Dividends	4 000 000	20 000 000	0	0
Other Current Debt	27 354 000	12 307 000	9 000	0
Total Current Debt	27 604 000	12 401 000	50 000	110 882 000
Total Equity and Debt	426 230 000	386 084 000	260 161 000	184 521 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,06 %	3,43 %	41,13 %	−29,19 %
Debt-to-Equity Ratio	0,7	0,89	1,08	0
Operating Profit Margin	−138,9 %	−723,33 %	−218,49 %	15 %
Current Ratio	8,38	19,87	3 132,22	0,73
Quick Ratio	8,38	19,87	3 132,22	0,73
Equity Ratio	0,55	0,51	0,48	0,4
Gross Profit Margin	98,82 %	93,89 %	87,67 %	100 %