VENO FORSIKRINGSMEGLING AS

6150 ØRSTA

Finances

Share Ownership

Return on Equity

140,65 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 547 000	37 669 000	32 874 000	28 511 000
Net Income	8 837 000	7 671 000	6 142 000	4 073 000
Total Assets	22 873 000	20 042 000	16 745 000	12 556 000
Total Equity	6 283 000	5 636 000	5 063 000	5 941 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 547 000	37 669 000	32 874 000	28 511 000
Expenditure	28 923 000	27 432 000	24 705 000	23 131 000
Operating Profit	11 623 000	10 237 000	8 169 000	5 380 000
Financial Income	179 000	38 000	36 000	68 000
Financial Costs	19 000	46 000	15 000	18 000
Financial Balance	160 000	−8 000	21 000	50 000
Earnings Before Tax	11 783 000	10 229 000	8 190 000	5 430 000
Tax	2 946 000	2 558 000	2 048 000	1 358 000
Net Income	8 837 000	7 671 000	6 142 000	4 073 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	213 000	171 000	199 000	136 000
Total Current Assets	22 660 000	19 870 000	16 546 000	12 419 000
Total Assets	22 873 000	20 042 000	16 745 000	12 556 000
Total Retained Equity	5 883 000	5 236 000	4 663 000	5 541 000
Total Equity	6 283 000	5 636 000	5 063 000	5 941 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 590 000	14 406 000	11 682 000	6 615 000
Total Equity and Debt	22 873 000	20 042 000	16 745 000	12 556 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 530 000	37 654 000	32 869 000	28 492 000
Other Income	17 000	14 000	5 000	19 000
Revenue	40 547 000	37 669 000	32 874 000	28 511 000
Cost of Goods Sold	0	0	0	0
Salary Costs	22 563 000	21 117 000	19 562 000	17 677 000
Depreciation	64 000	65 000	64 000	65 000
Impairment	0	0	0	0
Expenditure	28 923 000	27 432 000	24 705 000	23 131 000
Operating Profit	11 623 000	10 237 000	8 169 000	5 380 000
Financial Income	179 000	38 000	36 000	68 000
Financial Costs	19 000	46 000	15 000	18 000
Financial Balance	160 000	−8 000	21 000	50 000
Dividends	0	0	0	0
Net Income	8 837 000	7 671 000	6 142 000	4 073 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	96 000	43 000	44 000	48 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	65 000	129 000	155 000	88 000
Total Tangible Assets	65 000	129 000	155 000	88 000
Total Fiancial Fixed Assets	52 000	0	0	0
Total Fixed Assets	213 000	171 000	199 000	136 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 131 000	9 093 000	8 312 000	3 197 000
Total Current Assets	22 660 000	19 870 000	16 546 000	12 419 000
Total Assets	22 873 000	20 042 000	16 745 000	12 556 000
Total Equity	6 283 000	5 636 000	5 063 000	5 941 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 484 000	907 000	634 000	773 000
Unpaid Taxes	1 702 000	1 713 000	1 582 000	1 559 000
Dividends	0	0	0	0
Other Current Debt	12 716 000	11 231 000	9 402 000	3 363 000
Total Current Debt	16 590 000	14 406 000	11 682 000	6 615 000
Total Equity and Debt	22 873 000	20 042 000	16 745 000	12 556 000

Financial indicators	2022	2021	2020	2019
Return on Equity	140,65 %	136,11 %	121,31 %	68,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,67 %	27,18 %	24,85 %	18,87 %
Current Ratio	1,37	1,38	1,42	1,88
Quick Ratio	1,37	1,38	1,42	1,88
Equity Ratio	0,27	0,28	0,3	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %