VENCO VERKTØYINDUSTRI AS

1763 HALDEN

Finances

Share Ownership

Return on Equity

−7,52 %

Current Ratio

1,26

Debt-to-Equity Ratio

2,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 517 000	11 764 000	9 624 000	10 874 000
Net Income	−71 000	704 000	−478 000	116 000
Total Assets	5 668 000	5 790 000	5 227 000	6 151 000
Total Equity	944 000	1 015 000	561 000	1 038 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 517 000	11 764 000	9 624 000	10 874 000
Expenditure	11 481 000	10 963 000	10 000 000	10 653 000
Operating Profit	36 000	801 000	−375 000	221 000
Financial Income	5 000	0	27 000	8 000
Financial Costs	112 000	97 000	129 000	113 000
Financial Balance	−107 000	−97 000	−102 000	−105 000
Earnings Before Tax	−71 000	704 000	−478 000	116 000
Tax	0	0	0	0
Net Income	−71 000	704 000	−478 000	116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 688 000	1 995 000	2 239 000	2 563 000
Total Current Assets	2 980 000	3 795 000	2 988 000	3 588 000
Total Assets	5 668 000	5 790 000	5 227 000	6 151 000
Total Retained Equity	352 000	423 000	−131 000	347 000
Total Equity	944 000	1 015 000	561 000	1 038 000
Total Long-Term Debt	2 366 000	2 156 000	2 521 000	2 866 000
Total Current Debt	2 358 000	2 620 000	2 145 000	2 246 000
Total Equity and Debt	5 668 000	5 790 000	5 227 000	6 151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 111 000	11 454 000	9 370 000	10 617 000
Other Income	406 000	311 000	254 000	256 000
Revenue	11 517 000	11 764 000	9 624 000	10 874 000
Cost of Goods Sold	4 212 000	4 049 000	3 273 000	3 828 000
Salary Costs	5 706 000	5 661 000	5 592 000	5 529 000
Depreciation	256 000	244 000	324 000	244 000
Impairment	0	0	0	0
Expenditure	11 481 000	10 963 000	10 000 000	10 653 000
Operating Profit	36 000	801 000	−375 000	221 000
Financial Income	5 000	0	27 000	8 000
Financial Costs	112 000	97 000	129 000	113 000
Financial Balance	−107 000	−97 000	−102 000	−105 000
Dividends	0	250 000	0	100 000
Net Income	−71 000	704 000	−478 000	116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 233 000	1 302 000	1 370 000	1 439 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 454 000	693 000	869 000	1 125 000
Total Tangible Assets	2 688 000	1 995 000	2 239 000	2 563 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 688 000	1 995 000	2 239 000	2 563 000
Stock	1 023 000	894 000	849 000	813 000
Total Investments	0	0	0	0
Cash, Bank	389 000	1 424 000	897 000	1 761 000
Total Current Assets	2 980 000	3 795 000	2 988 000	3 588 000
Total Assets	5 668 000	5 790 000	5 227 000	6 151 000
Total Equity	944 000	1 015 000	561 000	1 038 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 366 000	2 156 000	2 521 000	2 866 000
Creditors	826 000	886 000	643 000	778 000
Unpaid Taxes	704 000	804 000	723 000	588 000
Dividends	0	250 000	0	100 000
Other Current Debt	828 000	779 000	780 000	780 000
Total Current Debt	2 358 000	2 620 000	2 145 000	2 246 000
Total Equity and Debt	5 668 000	5 790 000	5 227 000	6 151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,52 %	69,36 %	−85,2 %	11,18 %
Debt-to-Equity Ratio	2,51	2,12	4,49	2,76
Operating Profit Margin	0,31 %	6,81 %	−3,9 %	2,03 %
Current Ratio	1,26	1,45	1,39	1,6
Quick Ratio	2,23	2,2	2,31	2,5
Equity Ratio	0,17	0,18	0,11	0,17
Gross Profit Margin	63,43 %	65,58 %	65,99 %	64,8 %