VENTEC AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

10,79 %

Current Ratio

1,87

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	89 632 000	61 574 000	70 806 000	75 676 000
Net Income	1 605 000	821 000	5 788 000	5 206 000
Total Assets	28 988 000	34 447 000	34 261 000	28 162 000
Total Equity	14 877 000	20 272 000	22 810 000	17 022 000

Income (NOK)	2022	2021	2020	2019
Revenue	89 632 000	61 574 000	70 806 000	75 676 000
Expenditure	87 565 000	60 524 000	63 359 000	68 996 000
Operating Profit	2 067 000	1 049 000	7 446 000	6 681 000
Financial Income	4 000	33 000	20 000	30 000
Financial Costs	4 000	23 000	38 000	32 000
Financial Balance	0	10 000	−18 000	−2 000
Earnings Before Tax	2 067 000	1 059 000	7 429 000	6 679 000
Tax	461 000	238 000	1 641 000	1 473 000
Net Income	1 605 000	821 000	5 788 000	5 206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 187 000	2 326 000	2 646 000	2 653 000
Total Current Assets	25 801 000	32 121 000	31 615 000	25 509 000
Total Assets	28 988 000	34 447 000	34 261 000	28 162 000
Total Retained Equity	14 524 000	19 919 000	22 457 000	16 669 000
Total Equity	14 877 000	20 272 000	22 810 000	17 022 000
Total Long-Term Debt	320 000	61 000	1 474 000	685 000
Total Current Debt	13 790 000	14 114 000	9 977 000	10 455 000
Total Equity and Debt	28 988 000	34 447 000	34 261 000	28 162 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	89 632 000	61 553 000	70 672 000	75 676 000
Other Income	0	21 000	134 000	0
Revenue	89 632 000	61 574 000	70 806 000	75 676 000
Cost of Goods Sold	49 194 000	29 362 000	32 618 000	41 392 000
Salary Costs	29 706 000	24 375 000	24 056 000	22 600 000
Depreciation	509 000	451 000	456 000	407 000
Impairment	0	0	0	0
Expenditure	87 565 000	60 524 000	63 359 000	68 996 000
Operating Profit	2 067 000	1 049 000	7 446 000	6 681 000
Financial Income	4 000	33 000	20 000	30 000
Financial Costs	4 000	23 000	38 000	32 000
Financial Balance	0	10 000	−18 000	−2 000
Dividends	0	0	0	0
Net Income	1 605 000	821 000	5 788 000	5 206 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 266 000	1 345 000	1 424 000	1 503 000
Machinery and Plant Facilities	775 000	713 000	980 000	851 000
Fixtures	868 000	152 000	190 000	241 000
Total Tangible Assets	2 909 000	2 210 000	2 594 000	2 595 000
Total Fiancial Fixed Assets	278 000	115 000	52 000	58 000
Total Fixed Assets	3 187 000	2 326 000	2 646 000	2 653 000
Stock	3 994 000	3 008 000	1 909 000	1 752 000
Total Investments	0	0	0	0
Cash, Bank	3 331 000	3 541 000	7 886 000	13 188 000
Total Current Assets	25 801 000	32 121 000	31 615 000	25 509 000
Total Assets	28 988 000	34 447 000	34 261 000	28 162 000
Total Equity	14 877 000	20 272 000	22 810 000	17 022 000
Short-Term Group Debt	682 000	4 306 000	0	0
Total Long-Term Debt	320 000	61 000	1 474 000	685 000
Creditors	5 783 000	2 305 000	1 694 000	2 452 000
Unpaid Taxes	2 921 000	3 046 000	3 444 000	2 770 000
Dividends	0	0	0	0
Other Current Debt	4 203 000	3 754 000	3 986 000	3 908 000
Total Current Debt	13 790 000	14 114 000	9 977 000	10 455 000
Total Equity and Debt	28 988 000	34 447 000	34 261 000	28 162 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,79 %	4,05 %	25,37 %	30,58 %
Debt-to-Equity Ratio	0,02	0	0,06	0,04
Operating Profit Margin	2,31 %	1,7 %	10,52 %	8,83 %
Current Ratio	1,87	2,28	3,17	2,44
Quick Ratio	2,63	2,89	3,92	2,93
Equity Ratio	0,51	0,59	0,67	0,6
Gross Profit Margin	45,12 %	52,31 %	53,93 %	45,3 %