VENETO AS

5537 HAUGESUND

Finances

Share Ownership

Return on Equity

35,66 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020
Revenue	8 246 000	7 107 000	4 182 000
Net Income	459 000	520 000	401 000
Total Assets	3 168 000	2 229 000	1 651 000
Total Equity	1 287 000	828 000	318 000

Income (NOK)	2022	2021	2020
Revenue	8 246 000	7 107 000	4 182 000
Expenditure	7 636 000	6 416 000	3 621 000
Operating Profit	610 000	691 000	561 000
Financial Income	21 000	7 000	2 000
Financial Costs	41 000	31 000	49 000
Financial Balance	−20 000	−24 000	−47 000
Earnings Before Tax	590 000	667 000	515 000
Tax	130 000	147 000	113 000
Net Income	459 000	520 000	401 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	323 000	417 000	505 000
Total Current Assets	2 844 000	1 812 000	1 146 000
Total Assets	3 168 000	2 229 000	1 651 000
Total Retained Equity	1 187 000	728 000	218 000
Total Equity	1 287 000	828 000	318 000
Total Long-Term Debt	323 000	432 000	542 000
Total Current Debt	1 558 000	969 000	791 000
Total Equity and Debt	3 168 000	2 229 000	1 651 000

Cash flow (NOK)	2022	2021	2020
Sales Income	8 246 000	7 107 000	4 182 000
Other Income	0	0	0
Revenue	8 246 000	7 107 000	4 182 000
Cost of Goods Sold	5 596 000	4 592 000	2 480 000
Salary Costs	1 397 000	1 127 000	714 000
Depreciation	93 000	106 000	36 000
Impairment	0	0	0
Expenditure	7 636 000	6 416 000	3 621 000
Operating Profit	610 000	691 000	561 000
Financial Income	21 000	7 000	2 000
Financial Costs	41 000	31 000	49 000
Financial Balance	−20 000	−24 000	−47 000
Dividends	0	0	0
Net Income	459 000	520 000	401 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	323 000	417 000	505 000
Total Tangible Assets	323 000	417 000	505 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	323 000	417 000	505 000
Stock	1 787 000	186 000	212 000
Total Investments	0	0	0
Cash, Bank	807 000	1 573 000	930 000
Total Current Assets	2 844 000	1 812 000	1 146 000
Total Assets	3 168 000	2 229 000	1 651 000
Total Equity	1 287 000	828 000	318 000
Short-Term Group Debt	0	441 000	428 000
Total Long-Term Debt	323 000	432 000	542 000
Creditors	943 000	153 000	135 000
Unpaid Taxes	104 000	103 000	73 000
Dividends	0	0	0
Other Current Debt	376 000	123 000	120 000
Total Current Debt	1 558 000	969 000	791 000
Total Equity and Debt	3 168 000	2 229 000	1 651 000

Financial indicators	2022	2021	2020
Return on Equity	35,66 %	62,8 %	126,1 %
Debt-to-Equity Ratio	0,25	0,52	1,7
Operating Profit Margin	7,4 %	9,72 %	13,41 %
Current Ratio	1,83	1,87	1,45
Quick Ratio	−12,42	2,31	1,98
Equity Ratio	0,41	0,37	0,19
Gross Profit Margin	32,14 %	35,39 %	40,7 %