VELOCITY AS

1359 EIKSMARKA

Finances

Share Ownership

Return on Equity

35,29 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 484 000	1 692 000	829 000	696 000
Net Income	54 000	26 000	15 000	3 000
Total Assets	569 000	441 000	79 000	187 000
Total Equity	153 000	99 000	73 000	58 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 484 000	1 692 000	829 000	696 000
Expenditure	2 421 000	1 659 000	811 000	691 000
Operating Profit	62 000	33 000	18 000	6 000
Financial Income	7 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	7 000	0	0	0
Earnings Before Tax	70 000	33 000	19 000	6 000
Tax	15 000	7 000	4 000	3 000
Net Income	54 000	26 000	15 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	569 000	441 000	79 000	187 000
Total Assets	569 000	441 000	79 000	187 000
Total Retained Equity	123 000	69 000	43 000	28 000
Total Equity	153 000	99 000	73 000	58 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	415 000	342 000	6 000	129 000
Total Equity and Debt	569 000	441 000	79 000	187 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 484 000	1 692 000	829 000	696 000
Other Income	0	0	0	0
Revenue	2 484 000	1 692 000	829 000	696 000
Cost of Goods Sold	2 418 000	1 656 000	809 000	679 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 421 000	1 659 000	811 000	691 000
Operating Profit	62 000	33 000	18 000	6 000
Financial Income	7 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	7 000	0	0	0
Dividends	0	0	0	0
Net Income	54 000	26 000	15 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	156 000	101 000	79 000	62 000
Total Current Assets	569 000	441 000	79 000	187 000
Total Assets	569 000	441 000	79 000	187 000
Total Equity	153 000	99 000	73 000	58 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	393 000	332 000	0	124 000
Unpaid Taxes	7 000	3 000	2 000	1 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	415 000	342 000	6 000	129 000
Total Equity and Debt	569 000	441 000	79 000	187 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,29 %	26,26 %	20,55 %	5,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,5 %	1,95 %	2,17 %	0,86 %
Current Ratio	1,37	1,29	13,17	1,45
Quick Ratio	1,37	1,29	13,17	1,45
Equity Ratio	0,27	0,22	0,92	0,31
Gross Profit Margin	2,66 %	2,13 %	2,41 %	2,44 %