VENÅS SERVICE AS

4985 VEGÅRSHEI

Finances

Share Ownership

Return on Equity

10,99 %

Current Ratio

2,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	271 000	93 000	50 000	130 000
Net Income	31 000	34 000	3 000	3 000
Total Assets	384 000	310 000	257 000	238 000
Total Equity	282 000	251 000	217 000	214 000

Income (NOK)	2022	2021	2020	2019
Revenue	271 000	93 000	50 000	130 000
Expenditure	230 000	50 000	47 000	126 000
Operating Profit	40 000	43 000	3 000	4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	40 000	43 000	3 000	4 000
Tax	9 000	10 000	1 000	1 000
Net Income	31 000	34 000	3 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 000	0	0	0
Total Current Assets	296 000	310 000	257 000	238 000
Total Assets	384 000	310 000	257 000	238 000
Total Retained Equity	182 000	151 000	117 000	114 000
Total Equity	282 000	251 000	217 000	214 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	101 000	59 000	40 000	23 000
Total Equity and Debt	384 000	310 000	257 000	238 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	264 000	93 000	50 000	130 000
Other Income	7 000	0	0	0
Revenue	271 000	93 000	50 000	130 000
Cost of Goods Sold	133 000	18 000	8 000	73 000
Salary Costs	4 000	0	0	0
Depreciation	20 000	0	0	4 000
Impairment	0	0	0	0
Expenditure	230 000	50 000	47 000	126 000
Operating Profit	40 000	43 000	3 000	4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	31 000	34 000	3 000	3 000

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	88 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	88 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	88 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	223 000	298 000	202 000	182 000
Total Current Assets	296 000	310 000	257 000	238 000
Total Assets	384 000	310 000	257 000	238 000
Total Equity	282 000	251 000	217 000	214 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	1 000	10 000	0
Unpaid Taxes	2 000	16 000	5 000	10 000
Dividends	0	0	0	0
Other Current Debt	84 000	33 000	24 000	11 000
Total Current Debt	101 000	59 000	40 000	23 000
Total Equity and Debt	384 000	310 000	257 000	238 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,99 %	13,55 %	1,38 %	1,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,76 %	46,24 %	6 %	3,08 %
Current Ratio	2,93	5,25	6,43	10,35
Quick Ratio	2,93	5,25	6,43	10,35
Equity Ratio	0,73	0,81	0,84	0,9
Gross Profit Margin	50,92 %	80,65 %	84 %	43,85 %