VENES BYGG AS

8624 MO I RANA

Finances

Share Ownership

Return on Equity

59,24 %

Current Ratio

3,23

Debt-to-Equity Ratio

2,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 304 000	2 141 000	2 026 000	2 050 000
Net Income	497 000	231 000	295 000	231 000
Total Assets	3 253 000	3 385 000	3 594 000	3 752 000
Total Equity	839 000	758 000	951 000	923 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 304 000	2 141 000	2 026 000	2 050 000
Expenditure	1 607 000	1 807 000	1 601 000	1 697 000
Operating Profit	697 000	335 000	425 000	353 000
Financial Income	13 000	11 000	12 000	12 000
Financial Costs	71 000	50 000	58 000	69 000
Financial Balance	−58 000	−39 000	−46 000	−57 000
Earnings Before Tax	639 000	296 000	378 000	296 000
Tax	142 000	65 000	83 000	65 000
Net Income	497 000	231 000	295 000	231 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 298 000	2 555 000	2 828 000	3 116 000
Total Current Assets	955 000	830 000	766 000	636 000
Total Assets	3 253 000	3 385 000	3 594 000	3 752 000
Total Retained Equity	625 000	545 000	737 000	709 000
Total Equity	839 000	758 000	951 000	923 000
Total Long-Term Debt	2 118 000	2 261 000	2 413 000	2 576 000
Total Current Debt	296 000	366 000	229 000	254 000
Total Equity and Debt	3 253 000	3 385 000	3 594 000	3 752 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 304 000	2 141 000	2 026 000	2 050 000
Revenue	2 304 000	2 141 000	2 026 000	2 050 000
Cost of Goods Sold	0	0	0	0
Salary Costs	82 000	75 000	81 000	88 000
Depreciation	293 000	307 000	327 000	354 000
Impairment	0	0	0	0
Expenditure	1 607 000	1 807 000	1 601 000	1 697 000
Operating Profit	697 000	335 000	425 000	353 000
Financial Income	13 000	11 000	12 000	12 000
Financial Costs	71 000	50 000	58 000	69 000
Financial Balance	−58 000	−39 000	−46 000	−57 000
Dividends	416 000	424 000	266 000	194 000
Net Income	497 000	231 000	295 000	231 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	193 000	157 000	123 000	84 000
Real Eastate	2 051 000	2 312 000	2 587 000	2 882 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	54 000	86 000	118 000	150 000
Total Tangible Assets	2 105 000	2 398 000	2 705 000	3 032 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 298 000	2 555 000	2 828 000	3 116 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	916 000	591 000	722 000	601 000
Total Current Assets	955 000	830 000	766 000	636 000
Total Assets	3 253 000	3 385 000	3 594 000	3 752 000
Total Equity	839 000	758 000	951 000	923 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 118 000	2 261 000	2 413 000	2 576 000
Creditors	11 000	−4 000	0	37 000
Unpaid Taxes	1 000	1 000	1 000	2 000
Dividends	416 000	424 000	266 000	194 000
Other Current Debt	106 000	270 000	107 000	109 000
Total Current Debt	296 000	366 000	229 000	254 000
Total Equity and Debt	3 253 000	3 385 000	3 594 000	3 752 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,24 %	30,47 %	31,02 %	25,03 %
Debt-to-Equity Ratio	2,52	2,98	2,54	2,79
Operating Profit Margin	30,25 %	15,65 %	20,98 %	17,22 %
Current Ratio	3,23	2,27	3,34	2,5
Quick Ratio	3,23	2,27	3,34	2,5
Equity Ratio	0,26	0,22	0,26	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %