OLAV VENNATRØ AS

7512 STJØRDAL

Finances

Share Ownership

Return on Equity

−3,32 %

Current Ratio

4,17

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 844 000	2 354 000	2 057 000	2 045 000
Net Income	−45 000	262 000	424 000	346 000
Total Assets	2 105 000	2 501 000	2 083 000	999 000
Total Equity	1 355 000	1 399 000	1 105 000	999 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 844 000	2 354 000	2 057 000	2 045 000
Expenditure	1 931 000	1 985 000	1 259 000	1 681 000
Operating Profit	−87 000	369 000	798 000	364 000
Financial Income	0	0	0	0
Financial Costs	31 000	32 000	47 000	19 000
Financial Balance	−31 000	−32 000	−47 000	−19 000
Earnings Before Tax	−119 000	336 000	750 000	346 000
Tax	−74 000	74 000	326 000	0
Net Income	−45 000	262 000	424 000	346 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	779 000	1 026 000	1 000 000	635 000
Total Current Assets	1 326 000	1 475 000	1 082 000	363 000
Total Assets	2 105 000	2 501 000	2 083 000	999 000
Total Retained Equity	1 255 000	1 299 000	294 000	0
Total Equity	1 355 000	1 399 000	1 105 000	999 000
Total Long-Term Debt	432 000	662 000	885 000	0
Total Current Debt	318 000	440 000	93 000	0
Total Equity and Debt	2 105 000	2 501 000	2 083 000	999 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 844 000	2 354 000	2 057 000	2 045 000
Other Income	0	0	0	0
Revenue	1 844 000	2 354 000	2 057 000	2 045 000
Cost of Goods Sold	533 000	647 000	501 000	545 000
Salary Costs	733 000	551 000	463 000	333 000
Depreciation	248 000	212 000	282 000	159 000
Impairment	0	0	0	0
Expenditure	1 931 000	1 985 000	1 259 000	1 681 000
Operating Profit	−87 000	369 000	798 000	364 000
Financial Income	0	0	0	0
Financial Costs	31 000	32 000	47 000	19 000
Financial Balance	−31 000	−32 000	−47 000	−19 000
Dividends	0	0	0	0
Net Income	−45 000	262 000	424 000	346 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	178 000	226 000	1 000 000	635 000
Fixtures	600 000	800 000	0	0
Total Tangible Assets	779 000	1 026 000	1 000 000	635 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	779 000	1 026 000	1 000 000	635 000
Stock	6 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	939 000	1 259 000	811 000	355 000
Total Current Assets	1 326 000	1 475 000	1 082 000	363 000
Total Assets	2 105 000	2 501 000	2 083 000	999 000
Total Equity	1 355 000	1 399 000	1 105 000	999 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	432 000	662 000	885 000	0
Creditors	387 000	247 000	0	0
Unpaid Taxes	43 000	61 000	93 000	0
Dividends	0	0	0	0
Other Current Debt	8 000	112 000	0	0
Total Current Debt	318 000	440 000	93 000	0
Total Equity and Debt	2 105 000	2 501 000	2 083 000	999 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,32 %	18,73 %	38,37 %	34,63 %
Debt-to-Equity Ratio	0,32	0,47	0,8	0
Operating Profit Margin	−4,72 %	15,68 %	38,79 %	17,8 %
Current Ratio	4,17	3,35	11,63	-
Quick Ratio	4,25	3,35	11,63	-
Equity Ratio	0,64	0,56	0,53	1
Gross Profit Margin	71,1 %	72,51 %	75,64 %	73,35 %