VENTUM DYNAMICS GROUP AS

4031 STAVANGER

Finances

Share Ownership

Return on Equity

−11,69 %

Current Ratio

104,96

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2021	2020	2019
Revenue	52 000	0	0
Net Income	−3 055 000	−2 779 000	−2 047 000
Total Assets	26 672 000	2 919 000	4 309 000
Total Equity	26 142 000	2 197 000	−2 024 000

Income (NOK)	2021	2020	2019
Revenue	52 000	0	0
Expenditure	3 027 000	2 750 000	2 047 000
Operating Profit	−2 975 000	−2 751 000	−2 047 000
Financial Income	6 000	0	0
Financial Costs	86 000	29 000	0
Financial Balance	−80 000	−29 000	0
Earnings Before Tax	−3 055 000	−2 779 000	−2 047 000
Tax	0	0	0
Net Income	−3 055 000	−2 779 000	−2 047 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	7 886 000	401 000	0
Total Current Assets	18 787 000	2 518 000	4 309 000
Total Assets	26 672 000	2 919 000	4 309 000
Total Retained Equity	−7 888 000	−4 826 000	−2 047 000
Total Equity	26 142 000	2 197 000	−2 024 000
Total Long-Term Debt	351 000	0	0
Total Current Debt	179 000	722 000	6 333 000
Total Equity and Debt	26 672 000	2 919 000	4 309 000

Cash flow (NOK)	2021	2020	2019
Sales Income	52 000	0	0
Other Income	0	0	0
Revenue	52 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	805 000	1 295 000	1 167 000
Depreciation	380 000	19 000	0
Impairment	0	0	0
Expenditure	3 027 000	2 750 000	2 047 000
Operating Profit	−2 975 000	−2 751 000	−2 047 000
Financial Income	6 000	0	0
Financial Costs	86 000	29 000	0
Financial Balance	−80 000	−29 000	0
Dividends	0	0	0
Net Income	−3 055 000	−2 779 000	−2 047 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	7 060 000	357 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	526 000	44 000	0
Total Tangible Assets	526 000	44 000	0
Total Fiancial Fixed Assets	300 000	0	0
Total Fixed Assets	7 886 000	401 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	3 334 000	828 000	371 000
Total Current Assets	18 787 000	2 518 000	4 309 000
Total Assets	26 672 000	2 919 000	4 309 000
Total Equity	26 142 000	2 197 000	−2 024 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	351 000	0	0
Creditors	44 000	97 000	41 000
Unpaid Taxes	61 000	510 000	492 000
Dividends	0	0	0
Other Current Debt	74 000	114 000	0
Total Current Debt	179 000	722 000	6 333 000
Total Equity and Debt	26 672 000	2 919 000	4 309 000

Financial indicators	2021	2020	2019
Return on Equity	−11,69 %	−126,49 %	101,14 %
Debt-to-Equity Ratio	0,01	0	−0
Operating Profit Margin	−5 721,15 %	-	-
Current Ratio	104,96	3,49	0,68
Quick Ratio	104,96	3,49	0,68
Equity Ratio	0,98	0,75	−0,47
Gross Profit Margin	100 %	-	-