VELDEN AS

4276 VEAVÅGEN

Finances

Return on Equity

−2,1 %

Current Ratio

0,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−13 000	−12 000	52 000	−9 000
Total Assets	2 116 000	2 547 000	4 225 000	3 218 000
Total Equity	619 000	632 000	2 544 000	2 506 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	17 000	16 000	14 000	11 000
Operating Profit	−17 000	−16 000	−14 000	−11 000
Financial Income	0	0	63 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	63 000	0
Earnings Before Tax	−17 000	−16 000	49 000	−11 000
Tax	−4 000	−4 000	−3 000	−2 000
Net Income	−13 000	−12 000	52 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	890 000	886 000	883 000	894 000
Total Current Assets	1 226 000	1 661 000	3 343 000	2 324 000
Total Assets	2 116 000	2 547 000	4 225 000	3 218 000
Total Retained Equity	47 000	60 000	1 972 000	1 934 000
Total Equity	619 000	632 000	2 544 000	2 506 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 497 000	1 915 000	1 681 000	712 000
Total Equity and Debt	2 116 000	2 547 000	4 225 000	3 218 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	17 000	16 000	14 000	11 000
Operating Profit	−17 000	−16 000	−14 000	−11 000
Financial Income	0	0	63 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	63 000	0
Dividends	0	0	0	0
Net Income	−13 000	−12 000	52 000	−9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	4 000	0	11 000
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	883 000	883 000	883 000	883 000
Total Fixed Assets	890 000	886 000	883 000	894 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	4 000	8 000	5 000
Total Current Assets	1 226 000	1 661 000	3 343 000	2 324 000
Total Assets	2 116 000	2 547 000	4 225 000	3 218 000
Total Equity	619 000	632 000	2 544 000	2 506 000
Short-Term Group Debt	0	0	1 168 000	200 000
Total Long-Term Debt	0	0	0	0
Creditors	3 000	3 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 494 000	1 912 000	512 000	512 000
Total Current Debt	1 497 000	1 915 000	1 681 000	712 000
Total Equity and Debt	2 116 000	2 547 000	4 225 000	3 218 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,1 %	−1,9 %	2,04 %	−0,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,82	0,87	1,99	3,26
Quick Ratio	0,82	0,87	1,99	3,26
Equity Ratio	0,29	0,25	0,6	0,78
Gross Profit Margin	-	-	-	-