VENNESLA BOLIGSTIFTELSE FOR ERVERV OG DRIFT AV BOLIGER FOR VANSKELIGSTILTE BOLIGSØKERE

4700 VENNESLA

Finances

Share Ownership

Return on Equity

1,26 %

Current Ratio

5,4

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 198 000	6 782 000	5 410 000	5 125 000
Net Income	185 000	2 628 000	−290 000	−1 291 000
Total Assets	22 295 000	22 814 000	22 056 000	22 904 000
Total Equity	14 646 000	14 460 000	11 833 000	12 123 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 198 000	6 782 000	5 410 000	5 125 000
Expenditure	9 698 000	3 995 000	5 506 000	6 139 000
Operating Profit	349 000	2 787 000	−96 000	−1 013 000
Financial Income	7 000	1 000	9 000	7 000
Financial Costs	335 000	161 000	203 000	285 000
Financial Balance	−328 000	−160 000	−194 000	−278 000
Earnings Before Tax	371 000	2 628 000	−290 000	−1 291 000
Tax	0	0	0	0
Net Income	185 000	2 628 000	−290 000	−1 291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 802 000	20 428 000	21 057 000	21 357 000
Total Current Assets	2 493 000	2 386 000	999 000	1 548 000
Total Assets	22 295 000	22 814 000	22 056 000	22 904 000
Total Retained Equity	29 291 000	14 460 000	11 833 000	12 123 000
Total Equity	14 646 000	14 460 000	11 833 000	12 123 000
Total Long-Term Debt	7 187 000	7 926 000	8 757 000	9 851 000
Total Current Debt	462 000	427 000	1 466 000	930 000
Total Equity and Debt	22 295 000	22 814 000	22 056 000	22 904 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	10 396 000	6 782 000	5 410 000	5 125 000
Revenue	5 198 000	6 782 000	5 410 000	5 125 000
Cost of Goods Sold	0	0	0	0
Salary Costs	525 000	50 000	109 000	97 000
Depreciation	1 252 000	629 000	620 000	620 000
Impairment	0	0	0	0
Expenditure	9 698 000	3 995 000	5 506 000	6 139 000
Operating Profit	349 000	2 787 000	−96 000	−1 013 000
Financial Income	7 000	1 000	9 000	7 000
Financial Costs	335 000	161 000	203 000	285 000
Financial Balance	−328 000	−160 000	−194 000	−278 000
Dividends	0	0	0	0
Net Income	185 000	2 628 000	−290 000	−1 291 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	39 604 000	20 428 000	21 054 000	21 348 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	3 000	9 000
Total Tangible Assets	39 604 000	20 428 000	21 057 000	21 357 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 802 000	20 428 000	21 057 000	21 357 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 125 000	459 000	467 000	7 000
Total Current Assets	2 493 000	2 386 000	999 000	1 548 000
Total Assets	22 295 000	22 814 000	22 056 000	22 904 000
Total Equity	14 646 000	14 460 000	11 833 000	12 123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 187 000	7 926 000	8 757 000	9 851 000
Creditors	729 000	395 000	1 424 000	612 000
Unpaid Taxes	57 000	9 000	22 000	12 000
Dividends	0	0	0	0
Other Current Debt	139 000	23 000	20 000	306 000
Total Current Debt	462 000	427 000	1 466 000	930 000
Total Equity and Debt	22 295 000	22 814 000	22 056 000	22 904 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,26 %	18,17 %	−2,45 %	−10,65 %
Debt-to-Equity Ratio	0,49	0,55	0,74	0,81
Operating Profit Margin	6,71 %	41,09 %	−1,77 %	−19,77 %
Current Ratio	5,4	5,59	0,68	1,66
Quick Ratio	5,4	5,59	0,68	1,66
Equity Ratio	0,66	0,63	0,54	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %