VENNESLA ELEKTROMARKED AS

4700 VENNESLA

Finances

Share Ownership

Return on Equity

−32,24 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 776 000	18 373 000	18 153 000	17 176 000
Net Income	−981 000	262 000	643 000	389 000
Total Assets	6 234 000	5 516 000	5 869 000	5 547 000
Total Equity	3 043 000	4 024 000	4 062 000	4 019 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 776 000	18 373 000	18 153 000	17 176 000
Expenditure	18 723 000	18 100 000	17 322 000	16 659 000
Operating Profit	−948 000	273 000	832 000	517 000
Financial Income	7 000	77 000	3 000	2 000
Financial Costs	41 000	19 000	22 000	25 000
Financial Balance	−34 000	58 000	−19 000	−23 000
Earnings Before Tax	−981 000	331 000	812 000	494 000
Tax	0	69 000	169 000	105 000
Net Income	−981 000	262 000	643 000	389 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 160 000	565 000	581 000	631 000
Total Current Assets	5 074 000	4 951 000	5 288 000	4 916 000
Total Assets	6 234 000	5 516 000	5 869 000	5 547 000
Total Retained Equity	2 943 000	3 924 000	3 962 000	3 919 000
Total Equity	3 043 000	4 024 000	4 062 000	4 019 000
Total Long-Term Debt	0	0	50 000	0
Total Current Debt	3 192 000	1 492 000	1 757 000	1 528 000
Total Equity and Debt	6 234 000	5 516 000	5 869 000	5 547 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 757 000	18 340 000	18 141 000	17 110 000
Other Income	19 000	34 000	13 000	65 000
Revenue	17 776 000	18 373 000	18 153 000	17 176 000
Cost of Goods Sold	13 793 000	13 256 000	12 970 000	12 382 000
Salary Costs	2 847 000	3 070 000	2 724 000	2 503 000
Depreciation	88 000	5 000	13 000	15 000
Impairment	0	0	0	0
Expenditure	18 723 000	18 100 000	17 322 000	16 659 000
Operating Profit	−948 000	273 000	832 000	517 000
Financial Income	7 000	77 000	3 000	2 000
Financial Costs	41 000	19 000	22 000	25 000
Financial Balance	−34 000	58 000	−19 000	−23 000
Dividends	0	300 000	0	0
Net Income	−981 000	262 000	643 000	389 000

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	602 000	6 000	11 000	24 000
Total Tangible Assets	602 000	6 000	11 000	24 000
Total Fiancial Fixed Assets	559 000	559 000	570 000	607 000
Total Fixed Assets	1 160 000	565 000	581 000	631 000
Stock	3 855 000	3 536 000	3 604 000	3 168 000
Total Investments	0	0	0	0
Cash, Bank	93 000	898 000	1 249 000	1 217 000
Total Current Assets	5 074 000	4 951 000	5 288 000	4 916 000
Total Assets	6 234 000	5 516 000	5 869 000	5 547 000
Total Equity	3 043 000	4 024 000	4 062 000	4 019 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	50 000	0
Creditors	1 987 000	432 000	574 000	747 000
Unpaid Taxes	357 000	286 000	268 000	372 000
Dividends	0	300 000	0	0
Other Current Debt	635 000	405 000	346 000	303 000
Total Current Debt	3 192 000	1 492 000	1 757 000	1 528 000
Total Equity and Debt	6 234 000	5 516 000	5 869 000	5 547 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,24 %	6,51 %	15,83 %	9,68 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	−5,33 %	1,49 %	4,58 %	3,01 %
Current Ratio	1,59	3,32	3,01	3,22
Quick Ratio	−7,65	−2,42	−2,86	−3
Equity Ratio	0,49	0,73	0,69	0,72
Gross Profit Margin	22,41 %	27,85 %	28,55 %	27,91 %