VENIL AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

12,05 %

Current Ratio

0,02

Debt-to-Equity Ratio

2,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	132 000	134 000	134 000	134 000
Net Income	20 000	26 000	31 000	33 000
Total Assets	566 000	596 000	634 000	616 000
Total Equity	166 000	146 000	120 000	88 000

Income (NOK)	2022	2021	2020	2019
Revenue	132 000	134 000	134 000	134 000
Expenditure	89 000	85 000	70 000	64 000
Operating Profit	43 000	50 000	65 000	70 000
Financial Income	0	0	0	0
Financial Costs	17 000	16 000	25 000	27 000
Financial Balance	−17 000	−16 000	−25 000	−27 000
Earnings Before Tax	26 000	34 000	40 000	43 000
Tax	6 000	7 000	9 000	9 000
Net Income	20 000	26 000	31 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	565 000	581 000	598 000	615 000
Total Current Assets	1 000	15 000	36 000	2 000
Total Assets	566 000	596 000	634 000	616 000
Total Retained Equity	136 000	116 000	90 000	58 000
Total Equity	166 000	146 000	120 000	88 000
Total Long-Term Debt	335 000	413 000	486 000	520 000
Total Current Debt	65 000	37 000	28 000	8 000
Total Equity and Debt	566 000	596 000	634 000	616 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	132 000	134 000	134 000	134 000
Revenue	132 000	134 000	134 000	134 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	17 000	17 000	17 000	17 000
Impairment	0	0	0	0
Expenditure	89 000	85 000	70 000	64 000
Operating Profit	43 000	50 000	65 000	70 000
Financial Income	0	0	0	0
Financial Costs	17 000	16 000	25 000	27 000
Financial Balance	−17 000	−16 000	−25 000	−27 000
Dividends	0	0	0	0
Net Income	20 000	26 000	31 000	33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	565 000	581 000	598 000	615 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	565 000	581 000	598 000	615 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	565 000	581 000	598 000	615 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	2 000
Total Current Assets	1 000	15 000	36 000	2 000
Total Assets	566 000	596 000	634 000	616 000
Total Equity	166 000	146 000	120 000	88 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	335 000	413 000	486 000	520 000
Creditors	23 000	9 000	8 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	37 000	22 000	13 000	0
Total Current Debt	65 000	37 000	28 000	8 000
Total Equity and Debt	566 000	596 000	634 000	616 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,05 %	17,81 %	25,83 %	37,5 %
Debt-to-Equity Ratio	2,02	2,83	4,05	5,91
Operating Profit Margin	32,58 %	37,31 %	48,51 %	52,24 %
Current Ratio	0,02	0,41	1,29	0,25
Quick Ratio	0,02	0,41	1,29	0,25
Equity Ratio	0,29	0,24	0,19	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %