VELFORENINGEN ELVEHAVN BRYGGE

7042 TRONDHEIM

Finances

Share Ownership

Return on Equity

−33,96 %

Current Ratio

3,45

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 186 000	1 215 000	1 174 000	848 000
Net Income	−162 000	247 000	−99 000	51 000
Total Assets	672 000	749 000	607 000	625 000
Total Equity	477 000	638 000	392 000	490 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 186 000	1 215 000	1 174 000	848 000
Expenditure	1 351 000	972 000	1 282 000	804 000
Operating Profit	−165 000	242 000	−109 000	44 000
Financial Income	3 000	5 000	10 000	7 000
Financial Costs	0	0	0	0
Financial Balance	3 000	5 000	10 000	7 000
Earnings Before Tax	−162 000	247 000	−99 000	51 000
Tax	0	0	0	0
Net Income	−162 000	247 000	−99 000	51 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	672 000	749 000	607 000	625 000
Total Assets	672 000	749 000	607 000	625 000
Total Retained Equity	477 000	638 000	392 000	490 000
Total Equity	477 000	638 000	392 000	490 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	195 000	111 000	215 000	135 000
Total Equity and Debt	672 000	749 000	607 000	625 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	1 186 000	1 215 000	1 174 000	848 000
Revenue	1 186 000	1 215 000	1 174 000	848 000
Cost of Goods Sold	0	0	0	0
Salary Costs	80 000	68 000	68 000	46 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 351 000	972 000	1 282 000	804 000
Operating Profit	−165 000	242 000	−109 000	44 000
Financial Income	3 000	5 000	10 000	7 000
Financial Costs	0	0	0	0
Financial Balance	3 000	5 000	10 000	7 000
Dividends	0	0	0	0
Net Income	−162 000	247 000	−99 000	51 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	672 000	732 000	607 000	617 000
Total Current Assets	672 000	749 000	607 000	625 000
Total Assets	672 000	749 000	607 000	625 000
Total Equity	477 000	638 000	392 000	490 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	67 000	28 000	84 000	58 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	128 000	82 000	131 000	77 000
Total Current Debt	195 000	111 000	215 000	135 000
Total Equity and Debt	672 000	749 000	607 000	625 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−33,96 %	38,71 %	−25,26 %	10,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−13,91 %	19,92 %	−9,28 %	5,19 %
Current Ratio	3,45	6,75	2,82	4,63
Quick Ratio	3,45	6,75	2,82	4,63
Equity Ratio	0,71	0,85	0,65	0,78
Gross Profit Margin	100 %	100 %	100 %	100 %