VELLE EIENDOM AS

3112 TØNSBERG

Finances

Share Ownership

Return on Equity

15,45 %

Current Ratio

9,52

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	750 000	750 000	313 000	489 000
Net Income	390 000	380 000	−35 000	121 000
Total Assets	3 855 000	3 395 000	2 817 000	2 610 000
Total Equity	2 524 000	2 134 000	1 754 000	1 365 000

Income (NOK)	2022	2021	2020	2019
Revenue	750 000	750 000	313 000	489 000
Expenditure	326 000	335 000	335 000	301 000
Operating Profit	424 000	414 000	−22 000	188 000
Financial Income	3 000	0	0	0
Financial Costs	37 000	35 000	13 000	33 000
Financial Balance	−34 000	−35 000	−13 000	−33 000
Earnings Before Tax	390 000	380 000	−35 000	155 000
Tax	0	0	0	34 000
Net Income	390 000	380 000	−35 000	121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 208 000	2 323 000	2 436 000	2 413 000
Total Current Assets	1 647 000	1 071 000	381 000	196 000
Total Assets	3 855 000	3 395 000	2 817 000	2 610 000
Total Retained Equity	2 139 000	1 749 000	1 369 000	980 000
Total Equity	2 524 000	2 134 000	1 754 000	1 365 000
Total Long-Term Debt	1 158 000	1 097 000	1 026 000	1 065 000
Total Current Debt	173 000	164 000	37 000	180 000
Total Equity and Debt	3 855 000	3 395 000	2 817 000	2 610 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	750 000	750 000	313 000	489 000
Revenue	750 000	750 000	313 000	489 000
Cost of Goods Sold	0	0	1 000	0
Salary Costs	0	0	0	0
Depreciation	114 000	114 000	107 000	120 000
Impairment	0	0	0	0
Expenditure	326 000	335 000	335 000	301 000
Operating Profit	424 000	414 000	−22 000	188 000
Financial Income	3 000	0	0	0
Financial Costs	37 000	35 000	13 000	33 000
Financial Balance	−34 000	−35 000	−13 000	−33 000
Dividends	0	0	0	0
Net Income	390 000	380 000	−35 000	121 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 104 000	2 205 000	2 306 000	2 413 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	104 000	118 000	130 000	0
Total Tangible Assets	2 208 000	2 323 000	2 436 000	2 413 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 208 000	2 323 000	2 436 000	2 413 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	709 000	1 071 000	0	29 000
Total Current Assets	1 647 000	1 071 000	381 000	196 000
Total Assets	3 855 000	3 395 000	2 817 000	2 610 000
Total Equity	2 524 000	2 134 000	1 754 000	1 365 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 158 000	1 097 000	1 026 000	1 065 000
Creditors	0	0	37 000	7 000
Unpaid Taxes	173 000	164 000	0	116 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	3 000
Total Current Debt	173 000	164 000	37 000	180 000
Total Equity and Debt	3 855 000	3 395 000	2 817 000	2 610 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,45 %	17,81 %	−2 %	8,86 %
Debt-to-Equity Ratio	0,46	0,51	0,58	0,78
Operating Profit Margin	56,53 %	55,2 %	−7,03 %	38,45 %
Current Ratio	9,52	6,53	10,3	1,09
Quick Ratio	9,52	6,53	10,3	1,09
Equity Ratio	0,65	0,63	0,62	0,52
Gross Profit Margin	100 %	100 %	99,68 %	100 %