VELICO AGDER AS

4612 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

402 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 824 000	8 212 000	10 734 000	9 595 000
Net Income	402 000	372 000	606 000	519 000
Total Assets	1 867 000	1 826 000	2 745 000	3 106 000
Total Equity	100 000	100 000	100 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 824 000	8 212 000	10 734 000	9 595 000
Expenditure	7 307 000	7 735 000	9 952 000	8 928 000
Operating Profit	517 000	478 000	782 000	667 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	5 000	3 000
Financial Balance	−1 000	−1 000	−5 000	−2 000
Earnings Before Tax	516 000	477 000	777 000	666 000
Tax	113 000	105 000	171 000	147 000
Net Income	402 000	372 000	606 000	519 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 000	28 000	39 000	84 000
Total Current Assets	1 797 000	1 798 000	2 706 000	3 022 000
Total Assets	1 867 000	1 826 000	2 745 000	3 106 000
Total Retained Equity	0	0	0	0
Total Equity	100 000	100 000	100 000	100 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 767 000	1 726 000	2 645 000	3 006 000
Total Equity and Debt	1 867 000	1 826 000	2 745 000	3 106 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 824 000	8 212 000	10 734 000	9 595 000
Other Income	0	0	0	0
Revenue	7 824 000	8 212 000	10 734 000	9 595 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 539 000	6 374 000	8 570 000	7 215 000
Depreciation	4 000	4 000	43 000	40 000
Impairment	0	0	0	0
Expenditure	7 307 000	7 735 000	9 952 000	8 928 000
Operating Profit	517 000	478 000	782 000	667 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	5 000	3 000
Financial Balance	−1 000	−1 000	−5 000	−2 000
Dividends	402 000	372 000	606 000	519 000
Net Income	402 000	372 000	606 000	519 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	28 000	35 000	37 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	0	4 000	47 000
Total Tangible Assets	50 000	0	4 000	47 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	70 000	28 000	39 000	84 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 188 000	907 000	800 000	2 342 000
Total Current Assets	1 797 000	1 798 000	2 706 000	3 022 000
Total Assets	1 867 000	1 826 000	2 745 000	3 106 000
Total Equity	100 000	100 000	100 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	345 000	66 000	61 000	1 063 000
Unpaid Taxes	265 000	562 000	896 000	385 000
Dividends	402 000	372 000	606 000	519 000
Other Current Debt	649 000	628 000	914 000	899 000
Total Current Debt	1 767 000	1 726 000	2 645 000	3 006 000
Total Equity and Debt	1 867 000	1 826 000	2 745 000	3 106 000

Financial indicators	2022	2021	2020	2019
Return on Equity	402 %	372 %	606 %	519 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,61 %	5,82 %	7,29 %	6,95 %
Current Ratio	1,02	1,04	1,02	1,01
Quick Ratio	1,02	1,04	1,02	1,01
Equity Ratio	0,05	0,05	0,04	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %