VELVEIEN 1 AS

3117 TØNSBERG

Finances

Share Ownership

Return on Equity

2,32 %

Current Ratio

0,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	756 000	892 000	867 000	851 000
Net Income	162 000	171 000	74 000	−35 000
Total Assets	7 717 000	7 856 000	7 822 000	8 042 000
Total Equity	6 995 000	7 107 000	6 979 000	101 000

Income (NOK)	2022	2021	2020	2019
Revenue	756 000	892 000	867 000	851 000
Expenditure	507 000	624 000	548 000	631 000
Operating Profit	249 000	268 000	318 000	220 000
Financial Income	7 000	0	0	0
Financial Costs	0	1 000	175 000	225 000
Financial Balance	7 000	−1 000	−175 000	−225 000
Earnings Before Tax	256 000	267 000	143 000	−4 000
Tax	94 000	97 000	69 000	31 000
Net Income	162 000	171 000	74 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 054 000	7 226 000	7 398 000	7 570 000
Total Current Assets	663 000	630 000	425 000	472 000
Total Assets	7 717 000	7 856 000	7 822 000	8 042 000
Total Retained Equity	0	0	3 000	0
Total Equity	6 995 000	7 107 000	6 979 000	101 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	721 000	749 000	843 000	7 941 000
Total Equity and Debt	7 717 000	7 856 000	7 822 000	8 042 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	756 000	892 000	867 000	851 000
Revenue	756 000	892 000	867 000	851 000
Cost of Goods Sold	0	0	0	0
Salary Costs	64 000	119 000	97 000	155 000
Depreciation	172 000	172 000	172 000	172 000
Impairment	0	0	0	0
Expenditure	507 000	624 000	548 000	631 000
Operating Profit	249 000	268 000	318 000	220 000
Financial Income	7 000	0	0	0
Financial Costs	0	1 000	175 000	225 000
Financial Balance	7 000	−1 000	−175 000	−225 000
Dividends	0	0	0	0
Net Income	162 000	171 000	74 000	−35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 054 000	7 226 000	7 398 000	7 570 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 054 000	7 226 000	7 398 000	7 570 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 054 000	7 226 000	7 398 000	7 570 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 000	98 000	94 000	48 000
Total Current Assets	663 000	630 000	425 000	472 000
Total Assets	7 717 000	7 856 000	7 822 000	8 042 000
Total Equity	6 995 000	7 107 000	6 979 000	101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	7 000	10 000	21 000
Unpaid Taxes	29 000	12 000	8 000	7 000
Dividends	0	0	0	0
Other Current Debt	676 000	730 000	824 000	7 913 000
Total Current Debt	721 000	749 000	843 000	7 941 000
Total Equity and Debt	7 717 000	7 856 000	7 822 000	8 042 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,32 %	2,41 %	1,06 %	−34,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	32,94 %	30,04 %	36,68 %	25,85 %
Current Ratio	0,92	0,84	0,5	0,06
Quick Ratio	0,92	0,84	0,5	0,06
Equity Ratio	0,91	0,9	0,89	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %