VENNESLAMOEN BORETTSLAG

4700 VENNESLA

Finances

Share Ownership

Return on Equity

10,86 %

Current Ratio

4,84

Debt-to-Equity Ratio

3,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 164 000	2 155 000	2 099 000	2 095 000
Net Income	911 000	931 000	732 000	936 000
Total Assets	41 486 000	41 347 000	41 242 000	41 286 000
Total Equity	8 388 000	7 477 000	6 546 000	5 814 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 164 000	2 155 000	2 099 000	2 095 000
Expenditure	851 000	805 000	929 000	704 000
Operating Profit	1 313 000	1 350 000	1 170 000	1 392 000
Financial Income	1 000	1 000	2 000	3 000
Financial Costs	403 000	420 000	439 000	459 000
Financial Balance	−402 000	−419 000	−437 000	−456 000
Earnings Before Tax	911 000	931 000	732 000	936 000
Tax	0	0	0	0
Net Income	911 000	931 000	732 000	936 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 760 000	40 760 000	40 760 000	40 760 000
Total Current Assets	726 000	587 000	482 000	526 000
Total Assets	41 486 000	41 347 000	41 242 000	41 286 000
Total Retained Equity	8 268 000	7 357 000	6 426 000	5 694 000
Total Equity	8 388 000	7 477 000	6 546 000	5 814 000
Total Long-Term Debt	32 948 000	33 773 000	34 579 000	35 366 000
Total Current Debt	150 000	97 000	117 000	107 000
Total Equity and Debt	41 486 000	41 347 000	41 242 000	41 286 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 164 000	2 155 000	2 099 000	2 095 000
Revenue	2 164 000	2 155 000	2 099 000	2 095 000
Cost of Goods Sold	0	0	0	0
Salary Costs	60 000	60 000	55 000	46 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	851 000	805 000	929 000	704 000
Operating Profit	1 313 000	1 350 000	1 170 000	1 392 000
Financial Income	1 000	1 000	2 000	3 000
Financial Costs	403 000	420 000	439 000	459 000
Financial Balance	−402 000	−419 000	−437 000	−456 000
Dividends	0	0	0	0
Net Income	911 000	931 000	732 000	936 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	40 760 000	40 760 000	40 760 000	40 760 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	40 760 000	40 760 000	40 760 000	40 760 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 760 000	40 760 000	40 760 000	40 760 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	596 000	477 000	379 000	424 000
Total Current Assets	726 000	587 000	482 000	526 000
Total Assets	41 486 000	41 347 000	41 242 000	41 286 000
Total Equity	8 388 000	7 477 000	6 546 000	5 814 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 948 000	33 773 000	34 579 000	35 366 000
Creditors	126 000	82 000	109 000	86 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	24 000	16 000	8 000	21 000
Total Current Debt	150 000	97 000	117 000	107 000
Total Equity and Debt	41 486 000	41 347 000	41 242 000	41 286 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,86 %	12,45 %	11,18 %	16,1 %
Debt-to-Equity Ratio	3,93	4,52	5,28	6,08
Operating Profit Margin	60,67 %	62,65 %	55,74 %	66,44 %
Current Ratio	4,84	6,05	4,12	4,92
Quick Ratio	4,84	6,05	4,12	4,92
Equity Ratio	0,2	0,18	0,16	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %