VELICO TØNSBERG AS

3112 TØNSBERG

Finances

Share Ownership

Return on Equity

293 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 122 000	7 037 000	9 113 000	7 166 000
Net Income	293 000	249 000	945 000	597 000
Total Assets	1 785 000	1 502 000	2 978 000	2 048 000
Total Equity	100 000	100 000	100 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 122 000	7 037 000	9 113 000	7 166 000
Expenditure	5 746 000	6 717 000	7 900 000	6 399 000
Operating Profit	376 000	320 000	1 212 000	767 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	1 000	2 000	2 000
Financial Balance	−1 000	−1 000	−1 000	−1 000
Earnings Before Tax	375 000	319 000	1 211 000	766 000
Tax	82 000	70 000	266 000	168 000
Net Income	293 000	249 000	945 000	597 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 000	56 000	8 000	10 000
Total Current Assets	1 730 000	1 445 000	2 970 000	2 038 000
Total Assets	1 785 000	1 502 000	2 978 000	2 048 000
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	1 685 000	1 402 000	2 878 000	1 948 000
Total Equity and Debt	1 785 000	1 502 000	2 978 000	2 048 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 122 000	7 037 000	9 113 000	7 166 000
Other Income	0	0	0	0
Revenue	6 122 000	7 037 000	9 113 000	7 166 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 176 000	5 245 000	6 475 000	4 972 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 746 000	6 717 000	7 900 000	6 399 000
Operating Profit	376 000	320 000	1 212 000	767 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	1 000	2 000	2 000
Financial Balance	−1 000	−1 000	−1 000	−1 000
Dividends	293 000	249 000	945 000	597 000
Net Income	293 000	249 000	945 000	597 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	6 000	8 000	10 000
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	50 000	50 000	0	0
Total Fixed Assets	55 000	56 000	8 000	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	870 000	528 000	1 522 000	1 441 000
Total Current Assets	1 730 000	1 445 000	2 970 000	2 038 000
Total Assets	1 785 000	1 502 000	2 978 000	2 048 000
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	319 000	90 000	423 000	312 000
Unpaid Taxes	347 000	376 000	522 000	375 000
Dividends	293 000	249 000	945 000	597 000
Other Current Debt	646 000	618 000	724 000	497 000
Total Current Debt	1 685 000	1 402 000	2 878 000	1 948 000
Total Equity and Debt	1 785 000	1 502 000	2 978 000	2 048 000

Financial indicators	2022	2021	2020	2019
Return on Equity	293 %	249 %	945 %	597 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,14 %	4,55 %	13,3 %	10,7 %
Current Ratio	1,03	1,03	1,03	1,05
Quick Ratio	1,03	1,03	1,03	1,05
Equity Ratio	0,06	0,07	0,03	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %