VENNER I HAGEN AS

5525 HAUGESUND

Finances

Share Ownership

Return on Equity

20,78 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	209 000	108 000	133 000	41 000
Net Income	32 000	11 000	73 000	10 000
Total Assets	156 000	119 000	139 000	42 000
Total Equity	154 000	123 000	112 000	40 000

Income (NOK)	2022	2021	2020	2019
Revenue	209 000	108 000	133 000	41 000
Expenditure	168 000	94 000	40 000	29 000
Operating Profit	41 000	14 000	93 000	12 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	41 000	14 000	93 000	12 000
Tax	9 000	3 000	20 000	3 000
Net Income	32 000	11 000	73 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	156 000	119 000	139 000	42 000
Total Assets	156 000	119 000	139 000	42 000
Total Retained Equity	124 000	93 000	82 000	10 000
Total Equity	154 000	123 000	112 000	40 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 000	−3 000	27 000	3 000
Total Equity and Debt	156 000	119 000	139 000	42 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	209 000	108 000	133 000	41 000
Other Income	0	0	0	0
Revenue	209 000	108 000	133 000	41 000
Cost of Goods Sold	17 000	10 000	0	0
Salary Costs	14 000	5 000	0	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	168 000	94 000	40 000	29 000
Operating Profit	41 000	14 000	93 000	12 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	32 000	11 000	73 000	10 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	156 000	119 000	139 000	38 000
Total Current Assets	156 000	119 000	139 000	42 000
Total Assets	156 000	119 000	139 000	42 000
Total Equity	154 000	123 000	112 000	40 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−3 000	0	0	0
Unpaid Taxes	−5 000	−6 000	7 000	0
Dividends	0	0	0	0
Other Current Debt	1 000	0	0	0
Total Current Debt	2 000	−3 000	27 000	3 000
Total Equity and Debt	156 000	119 000	139 000	42 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,78 %	8,94 %	65,18 %	25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,62 %	12,96 %	69,92 %	29,27 %
Current Ratio	78	−39,67	5,15	14
Quick Ratio	78	−39,67	5,15	14
Equity Ratio	0,99	1,03	0,81	0,95
Gross Profit Margin	91,87 %	90,74 %	100 %	100 %