VENNESLA TREVAREFABRIKK AS

4707 VENNESLA

Finances

Share Ownership

Return on Equity

197,33 %

Current Ratio

3,42

Debt-to-Equity Ratio

−5,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 036 000	1 904 000	1 983 000	2 060 000
Net Income	−148 000	−424 000	−239 000	−26 000
Total Assets	431 000	796 000	1 000 000	921 000
Total Equity	−75 000	74 000	−352 000	−113 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 036 000	1 904 000	1 983 000	2 060 000
Expenditure	1 158 000	2 358 000	2 317 000	2 138 000
Operating Profit	−122 000	−411 000	−226 000	−16 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	27 000	14 000	14 000	11 000
Financial Balance	−27 000	−13 000	−13 000	−10 000
Earnings Before Tax	−148 000	−424 000	−239 000	−26 000
Tax	0	0	0	0
Net Income	−148 000	−424 000	−239 000	−26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	431 000	796 000	1 000 000	921 000
Total Assets	431 000	796 000	1 000 000	921 000
Total Retained Equity	−175 000	−26 000	−452 000	−213 000
Total Equity	−75 000	74 000	−352 000	−113 000
Total Long-Term Debt	380 000	283 000	914 000	675 000
Total Current Debt	126 000	440 000	438 000	359 000
Total Equity and Debt	431 000	796 000	1 000 000	921 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 036 000	1 904 000	1 983 000	2 060 000
Other Income	0	0	0	0
Revenue	1 036 000	1 904 000	1 983 000	2 060 000
Cost of Goods Sold	568 000	855 000	854 000	797 000
Salary Costs	252 000	969 000	1 062 000	945 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 158 000	2 358 000	2 317 000	2 138 000
Operating Profit	−122 000	−411 000	−226 000	−16 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	27 000	14 000	14 000	11 000
Financial Balance	−27 000	−13 000	−13 000	−10 000
Dividends	0	0	0	0
Net Income	−148 000	−424 000	−239 000	−26 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	182 000	291 000	237 000	262 000
Total Investments	0	0	0	0
Cash, Bank	154 000	94 000	256 000	366 000
Total Current Assets	431 000	796 000	1 000 000	921 000
Total Assets	431 000	796 000	1 000 000	921 000
Total Equity	−75 000	74 000	−352 000	−113 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	380 000	283 000	914 000	675 000
Creditors	22 000	111 000	75 000	61 000
Unpaid Taxes	32 000	163 000	202 000	153 000
Dividends	0	0	0	0
Other Current Debt	72 000	165 000	161 000	144 000
Total Current Debt	126 000	440 000	438 000	359 000
Total Equity and Debt	431 000	796 000	1 000 000	921 000

Financial indicators	2022	2021	2020	2019
Return on Equity	197,33 %	−572,97 %	67,9 %	23,01 %
Debt-to-Equity Ratio	−5,07	3,82	−2,6	−5,97
Operating Profit Margin	−11,78 %	−21,59 %	−11,4 %	−0,78 %
Current Ratio	3,42	1,81	2,28	2,57
Quick Ratio	−7,7	5,34	4,98	9,49
Equity Ratio	−0,17	0,09	−0,35	−0,12
Gross Profit Margin	45,17 %	55,09 %	56,93 %	61,31 %