MORTEN VENEMYR AS

4844 ARENDAL

Finances

Return on Equity

−2,2 %

Current Ratio

0,88

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−102 000	1 891 000	917 000	908 000
Total Assets	9 946 000	11 951 000	10 028 000	9 152 000
Total Equity	4 640 000	6 092 000	5 211 000	4 695 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	16 000	15 000	5 000	26 000
Operating Profit	−16 000	−15 000	−5 000	−26 000
Financial Income	0	2 000 000	1 000 000	1 000 000
Financial Costs	115 000	108 000	102 000	83 000
Financial Balance	−115 000	1 892 000	898 000	917 000
Earnings Before Tax	−131 000	1 877 000	893 000	891 000
Tax	−29 000	−14 000	−24 000	−17 000
Net Income	−102 000	1 891 000	917 000	908 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 099 000	6 071 000	6 057 000	6 033 000
Total Current Assets	3 847 000	5 880 000	3 971 000	3 119 000
Total Assets	9 946 000	11 951 000	10 028 000	9 152 000
Total Retained Equity	4 190 000	5 642 000	4 761 000	4 245 000
Total Equity	4 640 000	6 092 000	5 211 000	4 695 000
Total Long-Term Debt	944 000	944 000	969 000	988 000
Total Current Debt	4 361 000	4 914 000	3 847 000	3 470 000
Total Equity and Debt	9 946 000	11 951 000	10 028 000	9 152 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	16 000	15 000	5 000	26 000
Operating Profit	−16 000	−15 000	−5 000	−26 000
Financial Income	0	2 000 000	1 000 000	1 000 000
Financial Costs	115 000	108 000	102 000	83 000
Financial Balance	−115 000	1 892 000	898 000	917 000
Dividends	0	0	0	0
Net Income	−102 000	1 891 000	917 000	908 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	77 000	48 000	34 000	11 000
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	6 022 000	6 022 000	6 022 000	6 022 000
Total Fixed Assets	6 099 000	6 071 000	6 057 000	6 033 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	75 000	108 000	189 000	29 000
Total Current Assets	3 847 000	5 880 000	3 971 000	3 119 000
Total Assets	9 946 000	11 951 000	10 028 000	9 152 000
Total Equity	4 640 000	6 092 000	5 211 000	4 695 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	944 000	944 000	969 000	988 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 361 000	4 914 000	3 847 000	3 470 000
Total Current Debt	4 361 000	4 914 000	3 847 000	3 470 000
Total Equity and Debt	9 946 000	11 951 000	10 028 000	9 152 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,2 %	31,04 %	17,6 %	19,34 %
Debt-to-Equity Ratio	0,2	0,15	0,19	0,21
Operating Profit Margin	-	-	-	-
Current Ratio	0,88	1,2	1,03	0,9
Quick Ratio	0,88	1,2	1,03	0,9
Equity Ratio	0,47	0,51	0,52	0,51
Gross Profit Margin	-	-	-	-