VENAVIND AS

2635 TRETTEN

Finances

Share Ownership

Return on Equity

−290,91 %

Current Ratio

0,53

Debt-to-Equity Ratio

10,79

Key figures (NOK)	2022	2021	2020
Revenue	1 571 000	1 234 000	517 000
Net Income	−96 000	−88 000	128 000
Total Assets	790 000	368 000	289 000
Total Equity	33 000	65 000	152 000

Income (NOK)	2022	2021	2020
Revenue	1 571 000	1 234 000	517 000
Expenditure	1 681 000	1 346 000	353 000
Operating Profit	−110 000	−112 000	164 000
Financial Income	0	0	0
Financial Costs	12 000	0	1 000
Financial Balance	−12 000	0	−1 000
Earnings Before Tax	−121 000	−113 000	163 000
Tax	−25 000	−25 000	35 000
Net Income	−96 000	−88 000	128 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	579 000	125 000	39 000
Total Current Assets	211 000	243 000	250 000
Total Assets	790 000	368 000	289 000
Total Retained Equity	−62 000	35 000	128 000
Total Equity	33 000	65 000	152 000
Total Long-Term Debt	356 000	0	2 000
Total Current Debt	401 000	303 000	135 000
Total Equity and Debt	790 000	368 000	289 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 571 000	1 234 000	457 000
Other Income	0	0	60 000
Revenue	1 571 000	1 234 000	517 000
Cost of Goods Sold	489 000	392 000	103 000
Salary Costs	620 000	544 000	0
Depreciation	60 000	18 000	3 000
Impairment	0	0	0
Expenditure	1 681 000	1 346 000	353 000
Operating Profit	−110 000	−112 000	164 000
Financial Income	0	0	0
Financial Costs	12 000	0	1 000
Financial Balance	−12 000	0	−1 000
Dividends	0	0	0
Net Income	−96 000	−88 000	128 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	48 000	23 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	531 000	102 000	39 000
Total Tangible Assets	531 000	102 000	39 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	579 000	125 000	39 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	153 000	195 000	181 000
Total Current Assets	211 000	243 000	250 000
Total Assets	790 000	368 000	289 000
Total Equity	33 000	65 000	152 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	356 000	0	2 000
Creditors	57 000	9 000	27 000
Unpaid Taxes	13 000	30 000	0
Dividends	0	0	0
Other Current Debt	332 000	263 000	75 000
Total Current Debt	401 000	303 000	135 000
Total Equity and Debt	790 000	368 000	289 000

Financial indicators	2022	2021	2020
Return on Equity	−290,91 %	−135,38 %	84,21 %
Debt-to-Equity Ratio	10,79	0	0,01
Operating Profit Margin	−7 %	−9,08 %	31,72 %
Current Ratio	0,53	0,8	1,85
Quick Ratio	0,53	0,8	1,85
Equity Ratio	0,04	0,18	0,53
Gross Profit Margin	68,87 %	68,23 %	80,08 %