VENEHALLE AS

3540 NESBYEN

Finances

Share Ownership

Return on Equity

15,35 %

Current Ratio

12,09

Debt-to-Equity Ratio

2,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 187 000	145 000	130 000	135 000
Net Income	273 000	−166 000	−163 000	−65 000
Total Assets	6 626 000	5 000 000	4 973 000	5 335 000
Total Equity	1 779 000	1 606 000	1 772 000	1 935 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 187 000	145 000	130 000	135 000
Expenditure	679 000	250 000	231 000	200 000
Operating Profit	508 000	−105 000	−102 000	−65 000
Financial Income	0	0	2 000	2 000
Financial Costs	157 000	108 000	109 000	20 000
Financial Balance	−157 000	−108 000	−107 000	−18 000
Earnings Before Tax	351 000	−213 000	−209 000	−83 000
Tax	78 000	−47 000	−46 000	−18 000
Net Income	273 000	−166 000	−163 000	−65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 233 000	4 153 000	4 116 000	4 154 000
Total Current Assets	2 393 000	847 000	857 000	1 181 000
Total Assets	6 626 000	5 000 000	4 973 000	5 335 000
Total Retained Equity	429 000	256 000	422 000	585 000
Total Equity	1 779 000	1 606 000	1 772 000	1 935 000
Total Long-Term Debt	4 650 000	3 309 000	3 060 000	3 200 000
Total Current Debt	198 000	85 000	141 000	199 000
Total Equity and Debt	6 626 000	5 000 000	4 973 000	5 335 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 042 000	14 000	9 000	0
Other Income	145 000	131 000	121 000	135 000
Revenue	1 187 000	145 000	130 000	135 000
Cost of Goods Sold	340 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	73 000	51 000	74 000	31 000
Impairment	0	0	0	0
Expenditure	679 000	250 000	231 000	200 000
Operating Profit	508 000	−105 000	−102 000	−65 000
Financial Income	0	0	2 000	2 000
Financial Costs	157 000	108 000	109 000	20 000
Financial Balance	−157 000	−108 000	−107 000	−18 000
Dividends	100 000	0	0	100 000
Net Income	273 000	−166 000	−163 000	−65 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 860 000	3 880 000	3 900 000	3 920 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	373 000	273 000	216 000	234 000
Total Tangible Assets	4 233 000	4 153 000	4 116 000	4 154 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 233 000	4 153 000	4 116 000	4 154 000
Stock	1 524 000	824 000	632 000	581 000
Total Investments	0	0	0	0
Cash, Bank	803 000	18 000	204 000	593 000
Total Current Assets	2 393 000	847 000	857 000	1 181 000
Total Assets	6 626 000	5 000 000	4 973 000	5 335 000
Total Equity	1 779 000	1 606 000	1 772 000	1 935 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 650 000	3 309 000	3 060 000	3 200 000
Creditors	16 000	5 000	51 000	96 000
Unpaid Taxes	0	0	0	0
Dividends	100 000	0	0	100 000
Other Current Debt	19 000	79 000	90 000	3 000
Total Current Debt	198 000	85 000	141 000	199 000
Total Equity and Debt	6 626 000	5 000 000	4 973 000	5 335 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,35 %	−10,34 %	−9,2 %	−3,36 %
Debt-to-Equity Ratio	2,61	2,06	1,73	1,65
Operating Profit Margin	42,8 %	−72,41 %	−78,46 %	−48,15 %
Current Ratio	12,09	9,96	6,08	5,93
Quick Ratio	−1,8	−1,15	−1,75	−3,09
Equity Ratio	0,27	0,32	0,36	0,36
Gross Profit Margin	71,36 %	100 %	100 %	100 %