VELLE AS

4513 MANDAL

Finances

Return on Equity

97,49 %

Current Ratio

8,21

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 420 000	3 155 000	3 000 000	2 700 000
Net Income	4 121 000	3 854 000	3 348 000	2 192 000
Total Assets	4 806 000	3 610 000	5 201 000	5 142 000
Total Equity	4 227 000	310 000	3 484 000	2 336 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 420 000	3 155 000	3 000 000	2 700 000
Expenditure	1 624 000	1 547 000	1 785 000	1 621 000
Operating Profit	1 796 000	1 607 000	1 215 000	1 079 000
Financial Income	2 720 000	2 600 000	2 400 000	1 350 000
Financial Costs	0	1 000	0	0
Financial Balance	2 720 000	2 599 000	2 400 000	1 350 000
Earnings Before Tax	4 516 000	4 207 000	3 615 000	2 430 000
Tax	395 000	354 000	267 000	238 000
Net Income	4 121 000	3 854 000	3 348 000	2 192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	342 000	342 000	1 242 000	1 330 000
Total Current Assets	4 464 000	3 268 000	3 959 000	3 812 000
Total Assets	4 806 000	3 610 000	5 201 000	5 142 000
Total Retained Equity	4 121 000	204 000	3 378 000	2 230 000
Total Equity	4 227 000	310 000	3 484 000	2 336 000
Total Long-Term Debt	35 000	44 000	54 000	37 000
Total Current Debt	544 000	3 256 000	1 663 000	2 769 000
Total Equity and Debt	4 806 000	3 610 000	5 201 000	5 142 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 420 000	3 150 000	3 000 000	2 700 000
Other Income	0	5 000	0	0
Revenue	3 420 000	3 155 000	3 000 000	2 700 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 538 000	1 506 000	1 582 000	1 448 000
Depreciation	0	0	88 000	34 000
Impairment	0	0	0	0
Expenditure	1 624 000	1 547 000	1 785 000	1 621 000
Operating Profit	1 796 000	1 607 000	1 215 000	1 079 000
Financial Income	2 720 000	2 600 000	2 400 000	1 350 000
Financial Costs	0	1 000	0	0
Financial Balance	2 720 000	2 599 000	2 400 000	1 350 000
Dividends	0	0	0	0
Net Income	4 121 000	3 854 000	3 348 000	2 192 000

Balance details (NOK)	2022	2021	2020	2019
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	900 000	988 000
Total Tangible Assets	0	0	900 000	988 000
Total Fiancial Fixed Assets	342 000	342 000	342 000	342 000
Total Fixed Assets	342 000	342 000	1 242 000	1 330 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	135 000	317 000	170 000	131 000
Total Current Assets	4 464 000	3 268 000	3 959 000	3 812 000
Total Assets	4 806 000	3 610 000	5 201 000	5 142 000
Total Equity	4 227 000	310 000	3 484 000	2 336 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 000	44 000	54 000	37 000
Creditors	0	36 000	38 000	44 000
Unpaid Taxes	57 000	508 000	133 000	102 000
Dividends	0	0	0	0
Other Current Debt	83 000	2 349 000	1 242 000	2 422 000
Total Current Debt	544 000	3 256 000	1 663 000	2 769 000
Total Equity and Debt	4 806 000	3 610 000	5 201 000	5 142 000

Financial indicators	2022	2021	2020	2019
Return on Equity	97,49 %	1 243,23 %	96,1 %	93,84 %
Debt-to-Equity Ratio	0,01	0,14	0,02	0,02
Operating Profit Margin	52,51 %	50,94 %	40,5 %	39,96 %
Current Ratio	8,21	1	2,38	1,38
Quick Ratio	8,21	1	2,38	1,38
Equity Ratio	0,88	0,09	0,67	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %