VENÅS AS

6386 MÅNDALEN

Finances

Return on Equity

−21,82 %

Current Ratio

0,86

Debt-to-Equity Ratio

1,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 096 000	44 592 000	45 287 000	43 893 000
Net Income	−1 072 000	706 000	511 000	376 000
Total Assets	21 037 000	19 827 000	19 737 000	18 419 000
Total Equity	4 912 000	5 984 000	5 277 000	4 767 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 096 000	44 592 000	45 287 000	43 893 000
Expenditure	50 007 000	43 384 000	44 290 000	43 075 000
Operating Profit	−910 000	1 207 000	997 000	817 000
Financial Income	33 000	3 000	17 000	5 000
Financial Costs	488 000	266 000	333 000	318 000
Financial Balance	−455 000	−263 000	−316 000	−313 000
Earnings Before Tax	−1 365 000	944 000	681 000	504 000
Tax	−293 000	238 000	171 000	127 000
Net Income	−1 072 000	706 000	511 000	376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 470 000	12 214 000	9 734 000	8 031 000
Total Current Assets	6 567 000	7 613 000	10 003 000	10 388 000
Total Assets	21 037 000	19 827 000	19 737 000	18 419 000
Total Retained Equity	4 812 000	5 884 000	5 177 000	4 667 000
Total Equity	4 912 000	5 984 000	5 277 000	4 767 000
Total Long-Term Debt	8 447 000	7 426 000	6 934 000	5 324 000
Total Current Debt	7 678 000	6 418 000	7 526 000	8 329 000
Total Equity and Debt	21 037 000	19 827 000	19 737 000	18 419 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 074 000	42 758 000	43 956 000	42 682 000
Other Income	22 000	1 834 000	1 331 000	1 211 000
Revenue	49 096 000	44 592 000	45 287 000	43 893 000
Cost of Goods Sold	6 457 000	3 882 000	7 406 000	7 760 000
Salary Costs	13 324 000	12 544 000	12 045 000	11 316 000
Depreciation	2 799 000	2 287 000	2 032 000	1 923 000
Impairment	0	0	0	0
Expenditure	50 007 000	43 384 000	44 290 000	43 075 000
Operating Profit	−910 000	1 207 000	997 000	817 000
Financial Income	33 000	3 000	17 000	5 000
Financial Costs	488 000	266 000	333 000	318 000
Financial Balance	−455 000	−263 000	−316 000	−313 000
Dividends	0	0	0	0
Net Income	−1 072 000	706 000	511 000	376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 850 000	4 744 000	3 551 000	2 648 000
Machinery and Plant Facilities	457 000	421 000	391 000	602 000
Fixtures	7 713 000	6 712 000	5 313 000	4 570 000
Total Tangible Assets	14 021 000	11 877 000	9 256 000	7 819 000
Total Fiancial Fixed Assets	450 000	338 000	478 000	212 000
Total Fixed Assets	14 470 000	12 214 000	9 734 000	8 031 000
Stock	83 000	83 000	83 000	140 000
Total Investments	0	0	0	0
Cash, Bank	754 000	880 000	1 865 000	1 623 000
Total Current Assets	6 567 000	7 613 000	10 003 000	10 388 000
Total Assets	21 037 000	19 827 000	19 737 000	18 419 000
Total Equity	4 912 000	5 984 000	5 277 000	4 767 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 447 000	7 426 000	6 934 000	5 324 000
Creditors	3 334 000	3 117 000	3 717 000	4 902 000
Unpaid Taxes	2 111 000	1 503 000	1 863 000	1 689 000
Dividends	0	0	0	0
Other Current Debt	2 233 000	1 790 000	1 876 000	1 666 000
Total Current Debt	7 678 000	6 418 000	7 526 000	8 329 000
Total Equity and Debt	21 037 000	19 827 000	19 737 000	18 419 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,82 %	11,8 %	9,68 %	7,89 %
Debt-to-Equity Ratio	1,72	1,24	1,31	1,12
Operating Profit Margin	−1,85 %	2,71 %	2,2 %	1,86 %
Current Ratio	0,86	1,19	1,33	1,25
Quick Ratio	0,86	1,2	1,34	1,27
Equity Ratio	0,23	0,3	0,27	0,26
Gross Profit Margin	86,85 %	91,29 %	83,65 %	82,32 %