VENO OPTIMAL AS

5257 KOKSTAD

Finances

Return on Equity

118,73 %

Current Ratio

0,63

Debt-to-Equity Ratio

−0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 587 000	8 499 000	7 748 000	8 067 000
Net Income	−1 008 000	103 000	−88 000	107 000
Total Assets	3 652 000	4 507 000	3 777 000	2 968 000
Total Equity	−849 000	159 000	56 000	144 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 587 000	8 499 000	7 748 000	8 067 000
Expenditure	6 692 000	8 293 000	7 752 000	7 774 000
Operating Profit	−1 105 000	206 000	−4 000	293 000
Financial Income	19 000	114 000	96 000	80 000
Financial Costs	206 000	185 000	202 000	234 000
Financial Balance	−187 000	−71 000	−106 000	−154 000
Earnings Before Tax	−1 292 000	135 000	−110 000	139 000
Tax	−284 000	31 000	−23 000	32 000
Net Income	−1 008 000	103 000	−88 000	107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 175 000	1 000 000	1 029 000	654 000
Total Current Assets	2 477 000	3 507 000	2 748 000	2 314 000
Total Assets	3 652 000	4 507 000	3 777 000	2 968 000
Total Retained Equity	−879 000	129 000	26 000	114 000
Total Equity	−849 000	159 000	56 000	144 000
Total Long-Term Debt	583 000	589 000	590 000	489 000
Total Current Debt	3 918 000	3 759 000	3 132 000	2 335 000
Total Equity and Debt	3 652 000	4 507 000	3 777 000	2 968 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 579 000	8 498 000	7 748 000	7 982 000
Other Income	8 000	2 000	0	84 000
Revenue	5 587 000	8 499 000	7 748 000	8 067 000
Cost of Goods Sold	6 000	19 000	30 000	252 000
Salary Costs	5 938 000	7 208 000	6 626 000	6 412 000
Depreciation	56 000	55 000	20 000	20 000
Impairment	0	0	0	0
Expenditure	6 692 000	8 293 000	7 752 000	7 774 000
Operating Profit	−1 105 000	206 000	−4 000	293 000
Financial Income	19 000	114 000	96 000	80 000
Financial Costs	206 000	185 000	202 000	234 000
Financial Balance	−187 000	−71 000	−106 000	−154 000
Dividends	0	0	0	0
Net Income	−1 008 000	103 000	−88 000	107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	431 000	154 000	174 000	167 000
Real Eastate	0	12 000	0	0
Machinery and Plant Facilities	296 000	327 000	364 000	0
Fixtures	3 000	11 000	19 000	27 000
Total Tangible Assets	299 000	349 000	383 000	27 000
Total Fiancial Fixed Assets	444 000	497 000	473 000	460 000
Total Fixed Assets	1 175 000	1 000 000	1 029 000	654 000
Stock	2 120 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	102 000	238 000	194 000	172 000
Total Current Assets	2 477 000	3 507 000	2 748 000	2 314 000
Total Assets	3 652 000	4 507 000	3 777 000	2 968 000
Total Equity	−849 000	159 000	56 000	144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	583 000	589 000	590 000	489 000
Creditors	2 081 000	174 000	119 000	201 000
Unpaid Taxes	318 000	2 146 000	1 713 000	698 000
Dividends	0	0	0	0
Other Current Debt	934 000	1 123 000	1 019 000	908 000
Total Current Debt	3 918 000	3 759 000	3 132 000	2 335 000
Total Equity and Debt	3 652 000	4 507 000	3 777 000	2 968 000

Financial indicators	2022	2021	2020	2019
Return on Equity	118,73 %	64,78 %	−157,14 %	74,31 %
Debt-to-Equity Ratio	−0,69	3,7	10,54	3,4
Operating Profit Margin	−19,78 %	2,42 %	−0,05 %	3,63 %
Current Ratio	0,63	0,93	0,88	0,99
Quick Ratio	1,38	0,93	0,88	0,99
Equity Ratio	−0,23	0,04	0,01	0,05
Gross Profit Margin	99,89 %	99,78 %	99,61 %	96,88 %