VELICO KRISTIANSAND AS

4612 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

340 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 075 000	7 906 000	8 174 000	7 477 000
Net Income	340 000	676 000	1 240 000	827 000
Total Assets	2 474 000	3 394 000	3 419 000	2 925 000
Total Equity	100 000	100 000	100 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 075 000	7 906 000	8 174 000	7 477 000
Expenditure	8 638 000	7 038 000	6 583 000	6 416 000
Operating Profit	437 000	868 000	1 592 000	1 061 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	2 000	1 000
Financial Balance	−1 000	−1 000	−2 000	0
Earnings Before Tax	436 000	867 000	1 590 000	1 060 000
Tax	96 000	191 000	350 000	233 000
Net Income	340 000	676 000	1 240 000	827 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	15 000	21 000	30 000
Total Current Assets	2 463 000	3 378 000	3 399 000	2 895 000
Total Assets	2 474 000	3 394 000	3 419 000	2 925 000
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	2 374 000	3 294 000	3 319 000	2 825 000
Total Equity and Debt	2 474 000	3 394 000	3 419 000	2 925 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 075 000	7 906 000	8 174 000	7 477 000
Other Income	0	0	0	0
Revenue	9 075 000	7 906 000	8 174 000	7 477 000
Cost of Goods Sold	89 000	217 000	173 000	292 000
Salary Costs	7 148 000	5 669 000	5 982 000	5 491 000
Depreciation	3 000	3 000	3 000	30 000
Impairment	0	0	0	0
Expenditure	8 638 000	7 038 000	6 583 000	6 416 000
Operating Profit	437 000	868 000	1 592 000	1 061 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	2 000	1 000
Financial Balance	−1 000	−1 000	−2 000	0
Dividends	340 000	676 000	1 240 000	827 000
Net Income	340 000	676 000	1 240 000	827 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	11 000	13 000	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	4 000	8 000	11 000
Total Tangible Assets	1 000	4 000	8 000	11 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 000	15 000	21 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 562 000	1 274 000	2 162 000	2 095 000
Total Current Assets	2 463 000	3 378 000	3 399 000	2 895 000
Total Assets	2 474 000	3 394 000	3 419 000	2 925 000
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	213 000	88 000	279 000	378 000
Unpaid Taxes	620 000	747 000	690 000	646 000
Dividends	340 000	676 000	1 240 000	827 000
Other Current Debt	1 107 000	1 594 000	766 000	740 000
Total Current Debt	2 374 000	3 294 000	3 319 000	2 825 000
Total Equity and Debt	2 474 000	3 394 000	3 419 000	2 925 000

Financial indicators	2022	2021	2020	2019
Return on Equity	340 %	676 %	1 240 %	827 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,82 %	10,98 %	19,48 %	14,19 %
Current Ratio	1,04	1,03	1,02	1,02
Quick Ratio	1,04	1,03	1,02	1,02
Equity Ratio	0,04	0,03	0,03	0,03
Gross Profit Margin	99,02 %	97,26 %	97,88 %	96,09 %