VELETA AS

7717 STEINKJER

Finances

Return on Equity

13,74 %

Current Ratio

14,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	535 000	70 000	2 096 000	2 023 000
Net Income	3 267 000	3 714 000	3 505 000	3 727 000
Total Assets	24 207 000	20 837 000	19 435 000	15 961 000
Total Equity	23 785 000	20 519 000	17 805 000	14 300 000

Income (NOK)	2022	2021	2020	2019
Revenue	535 000	70 000	2 096 000	2 023 000
Expenditure	698 000	902 000	1 400 000	586 000
Operating Profit	−162 000	−833 000	696 000	1 438 000
Financial Income	4 234 000	4 489 000	3 089 000	2 691 000
Financial Costs	806 000	106 000	114 000	93 000
Financial Balance	3 428 000	4 383 000	2 975 000	2 598 000
Earnings Before Tax	3 266 000	3 550 000	3 671 000	4 035 000
Tax	−1 000	−164 000	166 000	308 000
Net Income	3 267 000	3 714 000	3 505 000	3 727 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 185 000	15 355 000	10 358 000	10 646 000
Total Current Assets	6 022 000	5 482 000	9 077 000	5 315 000
Total Assets	24 207 000	20 837 000	19 435 000	15 961 000
Total Retained Equity	23 685 000	20 419 000	17 705 000	14 200 000
Total Equity	23 785 000	20 519 000	17 805 000	14 300 000
Total Long-Term Debt	0	0	1 144 000	1 110 000
Total Current Debt	422 000	318 000	486 000	552 000
Total Equity and Debt	24 207 000	20 837 000	19 435 000	15 961 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	535 000	70 000	2 096 000	1 946 000
Other Income	0	0	0	77 000
Revenue	535 000	70 000	2 096 000	2 023 000
Cost of Goods Sold	0	0	536 000	0
Salary Costs	235 000	504 000	504 000	189 000
Depreciation	113 000	89 000	85 000	102 000
Impairment	0	0	0	0
Expenditure	698 000	902 000	1 400 000	586 000
Operating Profit	−162 000	−833 000	696 000	1 438 000
Financial Income	4 234 000	4 489 000	3 089 000	2 691 000
Financial Costs	806 000	106 000	114 000	93 000
Financial Balance	3 428 000	4 383 000	2 975 000	2 598 000
Dividends	0	0	0	0
Net Income	3 267 000	3 714 000	3 505 000	3 727 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	107 000	107 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	609 000	722 000	0	0
Fixtures	0	0	585 000	670 000
Total Tangible Assets	609 000	722 000	585 000	670 000
Total Fiancial Fixed Assets	17 469 000	14 527 000	9 772 000	9 976 000
Total Fixed Assets	18 185 000	15 355 000	10 358 000	10 646 000
Stock	0	0	0	0
Total Investments	702 000	790 000	565 000	577 000
Cash, Bank	4 637 000	4 557 000	8 331 000	3 270 000
Total Current Assets	6 022 000	5 482 000	9 077 000	5 315 000
Total Assets	24 207 000	20 837 000	19 435 000	15 961 000
Total Equity	23 785 000	20 519 000	17 805 000	14 300 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 144 000	1 110 000
Creditors	24 000	11 000	30 000	5 000
Unpaid Taxes	226 000	228 000	219 000	218 000
Dividends	0	0	0	0
Other Current Debt	172 000	78 000	75 000	46 000
Total Current Debt	422 000	318 000	486 000	552 000
Total Equity and Debt	24 207 000	20 837 000	19 435 000	15 961 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,74 %	18,1 %	19,69 %	26,06 %
Debt-to-Equity Ratio	0	0	0,06	0,08
Operating Profit Margin	−30,28 %	−1 190 %	33,21 %	71,08 %
Current Ratio	14,27	17,24	18,68	9,63
Quick Ratio	14,27	17,24	18,68	9,63
Equity Ratio	0,98	0,98	0,92	0,9
Gross Profit Margin	100 %	100 %	74,43 %	100 %