VENTEX AS

4307 SANDNES

Finances

Share Ownership

Return on Equity

35,01 %

Current Ratio

2,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 596 000	4 369 000	4 031 000	3 813 000
Net Income	342 000	560 000	661 000	−150 000
Total Assets	1 670 000	1 483 000	1 774 000	1 289 000
Total Equity	977 000	631 000	571 000	411 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 596 000	4 369 000	4 031 000	3 813 000
Expenditure	3 169 000	3 656 000	3 214 000	3 953 000
Operating Profit	427 000	714 000	818 000	−140 000
Financial Income	7 000	7 000	10 000	18 000
Financial Costs	0	0	31 000	27 000
Financial Balance	7 000	7 000	−21 000	−9 000
Earnings Before Tax	434 000	720 000	796 000	−150 000
Tax	92 000	160 000	135 000	0
Net Income	342 000	560 000	661 000	−150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	188 000	121 000	159 000
Total Current Assets	1 657 000	1 295 000	1 653 000	1 130 000
Total Assets	1 670 000	1 483 000	1 774 000	1 289 000
Total Retained Equity	925 000	580 000	520 000	359 000
Total Equity	977 000	631 000	571 000	411 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	693 000	852 000	1 203 000	879 000
Total Equity and Debt	1 670 000	1 483 000	1 774 000	1 289 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 596 000	4 369 000	4 031 000	3 813 000
Other Income	0	0	0	0
Revenue	3 596 000	4 369 000	4 031 000	3 813 000
Cost of Goods Sold	1 740 000	1 977 000	1 889 000	1 807 000
Salary Costs	855 000	1 013 000	723 000	1 219 000
Depreciation	42 000	93 000	38 000	27 000
Impairment	0	0	0	0
Expenditure	3 169 000	3 656 000	3 214 000	3 953 000
Operating Profit	427 000	714 000	818 000	−140 000
Financial Income	7 000	7 000	10 000	18 000
Financial Costs	0	0	31 000	27 000
Financial Balance	7 000	7 000	−21 000	−9 000
Dividends	0	500 000	500 000	0
Net Income	342 000	560 000	661 000	−150 000

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	13 000	188 000	121 000	159 000
Total Tangible Assets	13 000	188 000	121 000	159 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	188 000	121 000	159 000
Stock	856 000	719 000	773 000	809 000
Total Investments	0	0	0	0
Cash, Bank	730 000	501 000	765 000	214 000
Total Current Assets	1 657 000	1 295 000	1 653 000	1 130 000
Total Assets	1 670 000	1 483 000	1 774 000	1 289 000
Total Equity	977 000	631 000	571 000	411 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	403 000	288 000	283 000	742 000
Unpaid Taxes	109 000	204 000	212 000	−10 000
Dividends	0	500 000	500 000	0
Other Current Debt	90 000	199 000	74 000	147 000
Total Current Debt	693 000	852 000	1 203 000	879 000
Total Equity and Debt	1 670 000	1 483 000	1 774 000	1 289 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,01 %	88,75 %	115,76 %	−36,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,87 %	16,34 %	20,29 %	−3,67 %
Current Ratio	2,39	1,52	1,37	1,29
Quick Ratio	−10,17	9,74	3,84	16,14
Equity Ratio	0,59	0,43	0,32	0,32
Gross Profit Margin	51,61 %	54,75 %	53,14 %	52,61 %