VELDE MASKIN AS

5576 ØVRE VATS

Finances

Share Ownership

Return on Equity

20,32 %

Current Ratio

1,47

Debt-to-Equity Ratio

1,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 715 000	39 109 000	42 598 000	36 326 000
Net Income	522 000	359 000	60 000	1 409 000
Total Assets	18 393 000	15 815 000	11 202 000	11 779 000
Total Equity	2 569 000	2 048 000	1 689 000	1 635 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 715 000	39 109 000	42 598 000	36 326 000
Expenditure	48 560 000	38 433 000	42 389 000	34 329 000
Operating Profit	1 155 000	675 000	209 000	1 997 000
Financial Income	102 000	61 000	134 000	16 000
Financial Costs	588 000	276 000	265 000	207 000
Financial Balance	−486 000	−215 000	−131 000	−191 000
Earnings Before Tax	669 000	460 000	78 000	1 806 000
Tax	147 000	101 000	18 000	397 000
Net Income	522 000	359 000	60 000	1 409 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	305 000	382 000	466 000	467 000
Total Current Assets	18 087 000	15 433 000	10 736 000	11 312 000
Total Assets	18 393 000	15 815 000	11 202 000	11 779 000
Total Retained Equity	2 269 000	1 748 000	1 389 000	1 335 000
Total Equity	2 569 000	2 048 000	1 689 000	1 635 000
Total Long-Term Debt	3 487 000	4 091 000	1 999 000	1 991 000
Total Current Debt	12 336 000	9 676 000	7 513 000	8 154 000
Total Equity and Debt	18 393 000	15 815 000	11 202 000	11 779 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 715 000	39 109 000	42 333 000	36 286 000
Other Income	0	0	265 000	40 000
Revenue	49 715 000	39 109 000	42 598 000	36 326 000
Cost of Goods Sold	38 817 000	29 687 000	34 674 000	28 951 000
Salary Costs	6 199 000	5 617 000	4 601 000	3 573 000
Depreciation	131 000	133 000	118 000	23 000
Impairment	0	0	0	0
Expenditure	48 560 000	38 433 000	42 389 000	34 329 000
Operating Profit	1 155 000	675 000	209 000	1 997 000
Financial Income	102 000	61 000	134 000	16 000
Financial Costs	588 000	276 000	265 000	207 000
Financial Balance	−486 000	−215 000	−131 000	−191 000
Dividends	0	0	0	50 000
Net Income	522 000	359 000	60 000	1 409 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	59 000	101 000	149 000	196 000
Total Intangible Assets	74 000	107 000	149 000	214 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	149 000	157 000	208 000	149 000
Fixtures	83 000	118 000	109 000	104 000
Total Tangible Assets	232 000	275 000	317 000	253 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	305 000	382 000	466 000	467 000
Stock	13 126 000	11 534 000	5 971 000	5 036 000
Total Investments	0	0	0	0
Cash, Bank	269 000	218 000	184 000	1 996 000
Total Current Assets	18 087 000	15 433 000	10 736 000	11 312 000
Total Assets	18 393 000	15 815 000	11 202 000	11 779 000
Total Equity	2 569 000	2 048 000	1 689 000	1 635 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 487 000	4 091 000	1 999 000	1 991 000
Creditors	6 341 000	6 553 000	4 928 000	5 086 000
Unpaid Taxes	1 077 000	516 000	885 000	725 000
Dividends	0	0	0	50 000
Other Current Debt	1 076 000	974 000	795 000	674 000
Total Current Debt	12 336 000	9 676 000	7 513 000	8 154 000
Total Equity and Debt	18 393 000	15 815 000	11 202 000	11 779 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,32 %	17,53 %	3,55 %	86,18 %
Debt-to-Equity Ratio	1,36	2	1,18	1,22
Operating Profit Margin	2,32 %	1,73 %	0,49 %	5,5 %
Current Ratio	1,47	1,59	1,43	1,39
Quick Ratio	−22,89	−8,31	6,96	3,63
Equity Ratio	0,14	0,13	0,15	0,14
Gross Profit Margin	21,92 %	24,09 %	18,6 %	20,3 %