VENITHO AS

5392 STOREBØ

Finances

Share Ownership

Return on Equity

−21,04 %

Current Ratio

7,44

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 949 000	2 872 000	2 577 000	3 311 000
Net Income	−433 000	1 000	141 000	443 000
Total Assets	2 808 000	4 078 000	5 701 000	5 217 000
Total Equity	2 058 000	2 491 000	2 490 000	2 350 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 949 000	2 872 000	2 577 000	3 311 000
Expenditure	2 471 000	2 848 000	2 341 000	2 686 000
Operating Profit	−522 000	23 000	237 000	625 000
Financial Income	5 000	17 000	10 000	7 000
Financial Costs	39 000	39 000	66 000	63 000
Financial Balance	−34 000	−22 000	−56 000	−56 000
Earnings Before Tax	−555 000	1 000	180 000	568 000
Tax	−122 000	0	40 000	125 000
Net Income	−433 000	1 000	141 000	443 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 909 000	2 237 000	2 616 000	4 107 000
Total Current Assets	900 000	1 841 000	3 085 000	1 110 000
Total Assets	2 808 000	4 078 000	5 701 000	5 217 000
Total Retained Equity	2 028 000	2 461 000	2 460 000	2 320 000
Total Equity	2 058 000	2 491 000	2 490 000	2 350 000
Total Long-Term Debt	630 000	1 056 000	1 440 000	2 450 000
Total Current Debt	121 000	531 000	1 771 000	418 000
Total Equity and Debt	2 808 000	4 078 000	5 701 000	5 217 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 949 000	2 872 000	2 519 000	3 311 000
Other Income	0	0	58 000	0
Revenue	1 949 000	2 872 000	2 577 000	3 311 000
Cost of Goods Sold	114 000	139 000	159 000	172 000
Salary Costs	1 247 000	1 646 000	1 310 000	1 603 000
Depreciation	385 000	414 000	331 000	340 000
Impairment	0	0	0	0
Expenditure	2 471 000	2 848 000	2 341 000	2 686 000
Operating Profit	−522 000	23 000	237 000	625 000
Financial Income	5 000	17 000	10 000	7 000
Financial Costs	39 000	39 000	66 000	63 000
Financial Balance	−34 000	−22 000	−56 000	−56 000
Dividends	0	0	0	0
Net Income	−433 000	1 000	141 000	443 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	1 500 000
Total Intangible Assets	57 000	0	0	1 500 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	32 000	45 000	17 000	23 000
Total Tangible Assets	1 852 000	2 237 000	2 616 000	2 607 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 909 000	2 237 000	2 616 000	4 107 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	897 000	1 841 000	3 007 000	1 101 000
Total Current Assets	900 000	1 841 000	3 085 000	1 110 000
Total Assets	2 808 000	4 078 000	5 701 000	5 217 000
Total Equity	2 058 000	2 491 000	2 490 000	2 350 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	630 000	1 056 000	1 440 000	2 450 000
Creditors	0	77 000	1 572 000	7 000
Unpaid Taxes	111 000	375 000	180 000	277 000
Dividends	0	0	0	0
Other Current Debt	10 000	54 000	11 000	18 000
Total Current Debt	121 000	531 000	1 771 000	418 000
Total Equity and Debt	2 808 000	4 078 000	5 701 000	5 217 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,04 %	0,04 %	5,66 %	18,85 %
Debt-to-Equity Ratio	0,31	0,42	0,58	1,04
Operating Profit Margin	−26,78 %	0,8 %	9,2 %	18,88 %
Current Ratio	7,44	3,47	1,74	2,66
Quick Ratio	7,44	3,47	1,74	2,66
Equity Ratio	0,73	0,61	0,44	0,45
Gross Profit Margin	94,15 %	95,16 %	93,83 %	94,81 %