VENI ENERGY GROUP AS

3015 DRAMMEN

Finances

Return on Equity

470,03 %

Current Ratio

0,93

Debt-to-Equity Ratio

19,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 945 811 000	1 162 518 000	746 044 000	892 281 000
Net Income	101 874 000	71 955 000	−54 886 000	−1 892 000
Total Assets	1 728 339 000	1 205 597 000	878 064 000	1 091 202 000
Total Equity	21 674 000	37 354 000	42 070 000	64 103 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 945 811 000	1 162 518 000	746 044 000	892 281 000
Expenditure	1 740 957 000	1 044 063 000	666 809 000	831 922 000
Operating Profit	204 854 000	118 455 000	79 235 000	60 359 000
Financial Income	41 423 000	21 293 000	23 447 000	18 501 000
Financial Costs	29 280 000	22 842 000	133 829 000	43 263 000
Financial Balance	12 143 000	−1 549 000	−110 382 000	−24 762 000
Earnings Before Tax	216 997 000	116 906 000	−31 147 000	35 597 000
Tax	115 123 000	44 951 000	23 739 000	37 489 000
Net Income	101 874 000	71 955 000	−54 886 000	−1 892 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	548 573 000	665 850 000	701 865 000	810 524 000
Total Current Assets	1 179 766 000	539 747 000	176 199 000	280 678 000
Total Assets	1 728 339 000	1 205 597 000	878 064 000	1 091 202 000
Total Retained Equity	−119 789 000	−103 846 000	−99 130 000	−77 097 000
Total Equity	21 674 000	37 354 000	42 070 000	64 103 000
Total Long-Term Debt	432 112 000	516 796 000	635 081 000	702 020 000
Total Current Debt	1 274 553 000	651 448 000	200 915 000	325 080 000
Total Equity and Debt	1 728 339 000	1 205 598 000	878 066 000	1 091 203 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 938 246 000	1 160 871 000	746 044 000	892 281 000
Other Income	7 565 000	1 647 000	0	0
Revenue	1 945 811 000	1 162 518 000	746 044 000	892 281 000
Cost of Goods Sold	1 301 295 000	665 969 000	312 234 000	489 523 000
Salary Costs	233 887 000	163 975 000	158 211 000	159 654 000
Depreciation	136 178 000	130 851 000	129 181 000	127 408 000
Impairment	3 073 000	47 000	0	0
Expenditure	1 740 957 000	1 044 063 000	666 809 000	831 922 000
Operating Profit	204 854 000	118 455 000	79 235 000	60 359 000
Financial Income	41 423 000	21 293 000	23 447 000	18 501 000
Financial Costs	29 280 000	22 842 000	133 829 000	43 263 000
Financial Balance	12 143 000	−1 549 000	−110 382 000	−24 762 000
Dividends	0	0	0	0
Net Income	101 874 000	71 955 000	−54 886 000	−1 892 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	511 123 000	629 158 000	668 312 000	778 483 000
Total Intangible Assets	529 998 000	645 425 000	681 699 000	792 644 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 575 000	20 425 000	20 025 000	17 880 000
Total Tangible Assets	18 575 000	20 425 000	20 025 000	17 880 000
Total Fiancial Fixed Assets	0	0	141 000	0
Total Fixed Assets	548 573 000	665 850 000	701 865 000	810 524 000
Stock	9 968 000	3 687 000	1 621 000	1 498 000
Total Investments	0	0	0	0
Cash, Bank	501 414 000	45 585 000	1 354 000	82 818 000
Total Current Assets	1 179 766 000	539 747 000	176 199 000	280 678 000
Total Assets	1 728 339 000	1 205 597 000	878 064 000	1 091 202 000
Total Equity	21 674 000	37 354 000	42 070 000	64 103 000
Short-Term Group Debt	209 705 000	62 867 000	0	0
Total Long-Term Debt	432 112 000	516 796 000	635 081 000	702 020 000
Creditors	298 425 000	119 750 000	13 750 000	81 632 000
Unpaid Taxes	2 830 000	7 541 000	29 776 000	18 795 000
Dividends	0	0	0	0
Other Current Debt	690 681 000	441 261 000	129 747 000	144 799 000
Total Current Debt	1 274 553 000	651 448 000	200 915 000	325 080 000
Total Equity and Debt	1 728 339 000	1 205 598 000	878 066 000	1 091 203 000

Financial indicators	2022	2021	2020	2019
Return on Equity	470,03 %	192,63 %	−130,46 %	−2,95 %
Debt-to-Equity Ratio	19,94	13,84	15,1	10,95
Operating Profit Margin	10,53 %	10,19 %	10,62 %	6,76 %
Current Ratio	0,93	0,83	0,88	0,86
Quick Ratio	0,93	0,83	0,88	0,87
Equity Ratio	0,01	0,03	0,05	0,06
Gross Profit Margin	33,12 %	42,71 %	58,15 %	45,14 %