VELTELIA VANNVERK AS

3524 NES I ÅDAL

Finances

Share Ownership

Return on Equity

2,73 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	72 000	85 000	86 000	57 000
Net Income	3 000	25 000	51 000	−36 000
Total Assets	132 000	137 000	106 000	70 000
Total Equity	110 000	107 000	82 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	72 000	85 000	86 000	57 000
Expenditure	68 000	52 000	31 000	93 000
Operating Profit	4 000	32 000	55 000	−36 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	4 000	32 000	55 000	−36 000
Tax	1 000	7 000	4 000	0
Net Income	3 000	25 000	51 000	−36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	132 000	137 000	106 000	70 000
Total Assets	132 000	137 000	106 000	70 000
Total Retained Equity	80 000	77 000	52 000	0
Total Equity	110 000	107 000	82 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 000	30 000	25 000	40 000
Total Equity and Debt	132 000	137 000	106 000	70 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 000	85 000	86 000	57 000
Other Income	0	0	0	0
Revenue	72 000	85 000	86 000	57 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	68 000	52 000	31 000	93 000
Operating Profit	4 000	32 000	55 000	−36 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	3 000	25 000	51 000	−36 000

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	131 000	136 000	105 000	61 000
Total Current Assets	132 000	137 000	106 000	70 000
Total Assets	132 000	137 000	106 000	70 000
Total Equity	110 000	107 000	82 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 000	13 000	6 000	40 000
Unpaid Taxes	2 000	9 000	14 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	22 000	30 000	25 000	40 000
Total Equity and Debt	132 000	137 000	106 000	70 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,73 %	23,36 %	62,2 %	−120 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,56 %	37,65 %	63,95 %	−63,16 %
Current Ratio	6	4,57	4,24	1,75
Quick Ratio	6	4,57	4,24	1,75
Equity Ratio	0,83	0,78	0,77	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %