VELU HOLDING AS

1181 OSLO

Finances

Return on Equity

−5,53 %

Current Ratio

74,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 000	0	15 000 000	0
Net Income	−662 000	669 000	15 131 000	−180 000
Total Assets	12 083 000	14 125 000	18 081 000	17 000
Total Equity	11 962 000	14 124 000	13 456 000	−175 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 000	0	15 000 000	0
Expenditure	388 000	507 000	86 000	179 000
Operating Profit	−346 000	−507 000	14 914 000	−180 000
Financial Income	−231 000	1 192 000	3 343 000	0
Financial Costs	86 000	16 000	0	0
Financial Balance	−317 000	1 176 000	3 343 000	0
Earnings Before Tax	−662 000	669 000	18 256 000	−180 000
Tax	0	0	3 126 000	0
Net Income	−662 000	669 000	15 131 000	−180 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 102 000	0	0	16 000
Total Current Assets	8 981 000	14 125 000	18 081 000	1 000
Total Assets	12 083 000	14 125 000	18 081 000	17 000
Total Retained Equity	11 862 000	14 024 000	13 356 000	−275 000
Total Equity	11 962 000	14 124 000	13 456 000	−175 000
Total Long-Term Debt	0	0	0	5 000
Total Current Debt	121 000	0	4 626 000	186 000
Total Equity and Debt	12 083 000	14 125 000	18 081 000	17 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 000	0	0	0
Other Income	0	0	15 000 000	0
Revenue	42 000	0	15 000 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	2 000	3 000
Depreciation	0	0	0	3 000
Impairment	0	0	0	0
Expenditure	388 000	507 000	86 000	179 000
Operating Profit	−346 000	−507 000	14 914 000	−180 000
Financial Income	−231 000	1 192 000	3 343 000	0
Financial Costs	86 000	16 000	0	0
Financial Balance	−317 000	1 176 000	3 343 000	0
Dividends	0	0	1 500 000	0
Net Income	−662 000	669 000	15 131 000	−180 000

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	3 102 000	0	0	16 000
Total Fixed Assets	3 102 000	0	0	16 000
Stock	0	0	0	0
Total Investments	5 309 000	8 397 000	0	0
Cash, Bank	2 793 000	5 495 000	17 299 000	1 000
Total Current Assets	8 981 000	14 125 000	18 081 000	1 000
Total Assets	12 083 000	14 125 000	18 081 000	17 000
Total Equity	11 962 000	14 124 000	13 456 000	−175 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	5 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	1 000
Dividends	0	0	1 500 000	0
Other Current Debt	122 000	0	1 500 000	186 000
Total Current Debt	121 000	0	4 626 000	186 000
Total Equity and Debt	12 083 000	14 125 000	18 081 000	17 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,53 %	4,74 %	112,45 %	102,86 %
Debt-to-Equity Ratio	0	0	0	−0,03
Operating Profit Margin	−823,81 %	-	99,43 %	-
Current Ratio	74,22	-	3,91	0,01
Quick Ratio	74,22	-	3,91	0,01
Equity Ratio	0,99	1	0,74	−10,29
Gross Profit Margin	100 %	-	100 %	-