VENNESLA BILTEKNIKK AS

4700 VENNESLA

Finances

Share Ownership

Return on Equity

14,64 %

Current Ratio

8,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 440 000	9 073 000	9 007 000	8 449 000
Net Income	2 076 000	2 137 000	2 441 000	1 982 000
Total Assets	15 796 000	15 582 000	14 501 000	11 862 000
Total Equity	14 178 000	12 102 000	11 966 000	10 524 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 440 000	9 073 000	9 007 000	8 449 000
Expenditure	6 851 000	6 394 000	5 954 000	6 007 000
Operating Profit	2 588 000	2 679 000	3 052 000	2 442 000
Financial Income	76 000	55 000	69 000	82 000
Financial Costs	0	0	0	0
Financial Balance	76 000	55 000	69 000	82 000
Earnings Before Tax	2 664 000	2 735 000	3 120 000	2 524 000
Tax	588 000	598 000	679 000	542 000
Net Income	2 076 000	2 137 000	2 441 000	1 982 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 399 000	1 482 000	1 443 000	1 502 000
Total Current Assets	14 397 000	14 100 000	13 058 000	10 360 000
Total Assets	15 796 000	15 582 000	14 501 000	11 862 000
Total Retained Equity	14 078 000	12 002 000	11 866 000	10 424 000
Total Equity	14 178 000	12 102 000	11 966 000	10 524 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 618 000	3 480 000	2 535 000	1 337 000
Total Equity and Debt	15 796 000	15 582 000	14 501 000	11 862 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 440 000	9 073 000	9 007 000	8 449 000
Other Income	0	0	0	0
Revenue	9 440 000	9 073 000	9 007 000	8 449 000
Cost of Goods Sold	3 003 000	2 649 000	2 576 000	2 376 000
Salary Costs	2 742 000	2 714 000	2 529 000	2 628 000
Depreciation	143 000	127 000	100 000	88 000
Impairment	0	0	0	0
Expenditure	6 851 000	6 394 000	5 954 000	6 007 000
Operating Profit	2 588 000	2 679 000	3 052 000	2 442 000
Financial Income	76 000	55 000	69 000	82 000
Financial Costs	0	0	0	0
Financial Balance	76 000	55 000	69 000	82 000
Dividends	0	2 000 000	1 000 000	0
Net Income	2 076 000	2 137 000	2 441 000	1 982 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 244 000	1 223 000	1 252 000	1 281 000
Machinery and Plant Facilities	0	0	0	65 000
Fixtures	156 000	259 000	191 000	156 000
Total Tangible Assets	1 399 000	1 482 000	1 443 000	1 502 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 399 000	1 482 000	1 443 000	1 502 000
Stock	32 000	34 000	36 000	30 000
Total Investments	0	0	0	0
Cash, Bank	13 111 000	12 830 000	11 493 000	9 057 000
Total Current Assets	14 397 000	14 100 000	13 058 000	10 360 000
Total Assets	15 796 000	15 582 000	14 501 000	11 862 000
Total Equity	14 178 000	12 102 000	11 966 000	10 524 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	323 000	166 000	206 000	119 000
Unpaid Taxes	431 000	434 000	409 000	438 000
Dividends	0	2 000 000	1 000 000	0
Other Current Debt	276 000	1 282 000	241 000	237 000
Total Current Debt	1 618 000	3 480 000	2 535 000	1 337 000
Total Equity and Debt	15 796 000	15 582 000	14 501 000	11 862 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,64 %	17,66 %	20,4 %	18,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,42 %	29,53 %	33,88 %	28,9 %
Current Ratio	8,9	4,05	5,15	7,75
Quick Ratio	9,08	4,09	5,23	7,93
Equity Ratio	0,9	0,78	0,83	0,89
Gross Profit Margin	68,19 %	70,8 %	71,4 %	71,88 %