VELOCIPEDE HOLDING AS

4316 SANDNES

Finances

Return on Equity

4,91 %

Current Ratio

2,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	550 000	384 000	605 000	1 329 000
Net Income	348 000	427 000	642 000	−49 000
Total Assets	7 221 000	7 362 000	8 254 000	9 348 000
Total Equity	7 094 000	7 346 000	7 418 000	6 776 000

Income (NOK)	2022	2021	2020	2019
Revenue	550 000	384 000	605 000	1 329 000
Expenditure	111 000	144 000	245 000	1 399 000
Operating Profit	439 000	239 000	359 000	−69 000
Financial Income	8 000	275 000	417 000	95 000
Financial Costs	0	15 000	46 000	44 000
Financial Balance	8 000	260 000	371 000	51 000
Earnings Before Tax	447 000	500 000	730 000	−19 000
Tax	98 000	72 000	87 000	30 000
Net Income	348 000	427 000	642 000	−49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 881 000	6 979 000	7 777 000	8 608 000
Total Current Assets	340 000	382 000	477 000	740 000
Total Assets	7 221 000	7 362 000	8 254 000	9 348 000
Total Retained Equity	6 813 000	7 064 000	7 137 000	6 495 000
Total Equity	7 094 000	7 346 000	7 418 000	6 776 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	127 000	16 000	836 000	2 572 000
Total Equity and Debt	7 221 000	7 362 000	8 254 000	9 348 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	550 000	384 000	605 000	1 329 000
Other Income	0	0	0	0
Revenue	550 000	384 000	605 000	1 329 000
Cost of Goods Sold	0	37 000	13 000	106 000
Salary Costs	0	0	89 000	988 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	111 000	144 000	245 000	1 399 000
Operating Profit	439 000	239 000	359 000	−69 000
Financial Income	8 000	275 000	417 000	95 000
Financial Costs	0	15 000	46 000	44 000
Financial Balance	8 000	260 000	371 000	51 000
Dividends	600 000	0	0	0
Net Income	348 000	427 000	642 000	−49 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	95 000	193 000	266 000	353 000
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	6 786 000	6 786 000	7 512 000	8 255 000
Total Fixed Assets	6 881 000	6 979 000	7 777 000	8 608 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	330 000	229 000	456 000	645 000
Total Current Assets	340 000	382 000	477 000	740 000
Total Assets	7 221 000	7 362 000	8 254 000	9 348 000
Total Equity	7 094 000	7 346 000	7 418 000	6 776 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	27 000	12 000	2 000	117 000
Unpaid Taxes	0	0	3 000	79 000
Dividends	600 000	0	0	0
Other Current Debt	0	4 000	831 000	2 376 000
Total Current Debt	127 000	16 000	836 000	2 572 000
Total Equity and Debt	7 221 000	7 362 000	8 254 000	9 348 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,91 %	5,81 %	8,65 %	−0,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	79,82 %	62,24 %	59,34 %	−5,19 %
Current Ratio	2,68	23,88	0,57	0,29
Quick Ratio	2,68	23,88	0,57	0,29
Equity Ratio	0,98	1	0,9	0,72
Gross Profit Margin	100 %	90,36 %	97,85 %	92,02 %