VENNESLA BLIKKENSLAGERVERKSTED AS

4706 VENNESLA

Finances

Share Ownership

Return on Equity

16,94 %

Current Ratio

2,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 159 000	5 438 000	4 926 000	4 902 000
Net Income	238 000	494 000	206 000	450 000
Total Assets	2 607 000	2 096 000	2 850 000	2 412 000
Total Equity	1 405 000	1 207 000	1 713 000	1 582 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 159 000	5 438 000	4 926 000	4 902 000
Expenditure	5 856 000	4 785 000	4 667 000	4 324 000
Operating Profit	302 000	653 000	259 000	578 000
Financial Income	1 000	3 000	5 000	9 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	1 000	2 000	4 000	8 000
Earnings Before Tax	303 000	655 000	263 000	586 000
Tax	65 000	161 000	57 000	135 000
Net Income	238 000	494 000	206 000	450 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 000	7 000	192 000	418 000
Total Current Assets	2 559 000	2 089 000	2 659 000	1 993 000
Total Assets	2 607 000	2 096 000	2 850 000	2 412 000
Total Retained Equity	1 105 000	907 000	1 413 000	1 282 000
Total Equity	1 405 000	1 207 000	1 713 000	1 582 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 202 000	890 000	1 138 000	830 000
Total Equity and Debt	2 607 000	2 096 000	2 850 000	2 412 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 158 000	5 438 000	4 745 000	4 893 000
Other Income	0	0	181 000	10 000
Revenue	6 159 000	5 438 000	4 926 000	4 902 000
Cost of Goods Sold	1 826 000	1 322 000	1 328 000	1 428 000
Salary Costs	2 776 000	2 311 000	2 041 000	1 959 000
Depreciation	9 000	51 000	189 000	166 000
Impairment	0	0	0	0
Expenditure	5 856 000	4 785 000	4 667 000	4 324 000
Operating Profit	302 000	653 000	259 000	578 000
Financial Income	1 000	3 000	5 000	9 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	1 000	2 000	4 000	8 000
Dividends	0	0	75 000	50 000
Net Income	238 000	494 000	206 000	450 000

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	49 000	7 000	192 000	418 000
Total Tangible Assets	49 000	7 000	192 000	418 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	49 000	7 000	192 000	418 000
Stock	28 000	28 000	28 000	29 000
Total Investments	0	0	0	0
Cash, Bank	1 952 000	1 476 000	1 676 000	919 000
Total Current Assets	2 559 000	2 089 000	2 659 000	1 993 000
Total Assets	2 607 000	2 096 000	2 850 000	2 412 000
Total Equity	1 405 000	1 207 000	1 713 000	1 582 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	440 000	92 000	220 000	49 000
Unpaid Taxes	338 000	265 000	291 000	177 000
Dividends	0	0	75 000	50 000
Other Current Debt	360 000	372 000	495 000	418 000
Total Current Debt	1 202 000	890 000	1 138 000	830 000
Total Equity and Debt	2 607 000	2 096 000	2 850 000	2 412 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,94 %	40,93 %	12,03 %	28,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,9 %	12,01 %	5,26 %	11,79 %
Current Ratio	2,13	2,35	2,34	2,4
Quick Ratio	2,18	2,42	2,4	2,49
Equity Ratio	0,54	0,58	0,6	0,66
Gross Profit Margin	70,35 %	75,69 %	73,04 %	70,87 %