VENNESLAGÅRDEN BORETTSLAG

4700 VENNESLA

Finances

Share Ownership

Return on Equity

7,81 %

Current Ratio

10,46

Debt-to-Equity Ratio

1,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 152 000	1 832 000	1 823 000	1 814 000
Net Income	1 021 000	842 000	850 000	707 000
Total Assets	31 078 000	30 974 000	30 789 000	30 547 000
Total Equity	13 073 000	12 052 000	11 210 000	10 360 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 152 000	1 832 000	1 823 000	1 814 000
Expenditure	1 041 000	884 000	852 000	964 000
Operating Profit	1 111 000	948 000	971 000	850 000
Financial Income	3 000	1 000	6 000	2 000
Financial Costs	93 000	107 000	127 000	145 000
Financial Balance	−90 000	−106 000	−121 000	−143 000
Earnings Before Tax	1 021 000	842 000	850 000	707 000
Tax	0	0	0	0
Net Income	1 021 000	842 000	850 000	707 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 220 000	30 220 000	30 220 000	30 220 000
Total Current Assets	858 000	754 000	569 000	327 000
Total Assets	31 078 000	30 974 000	30 789 000	30 547 000
Total Retained Equity	13 070 000	12 049 000	11 207 000	10 357 000
Total Equity	13 073 000	12 052 000	11 210 000	10 360 000
Total Long-Term Debt	17 923 000	18 889 000	19 532 000	20 157 000
Total Current Debt	82 000	33 000	47 000	30 000
Total Equity and Debt	31 078 000	30 974 000	30 789 000	30 547 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 152 000	1 832 000	1 823 000	1 814 000
Revenue	2 152 000	1 832 000	1 823 000	1 814 000
Cost of Goods Sold	0	0	0	0
Salary Costs	49 000	51 000	42 000	46 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 041 000	884 000	852 000	964 000
Operating Profit	1 111 000	948 000	971 000	850 000
Financial Income	3 000	1 000	6 000	2 000
Financial Costs	93 000	107 000	127 000	145 000
Financial Balance	−90 000	−106 000	−121 000	−143 000
Dividends	0	0	0	0
Net Income	1 021 000	842 000	850 000	707 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	30 220 000	30 220 000	30 220 000	30 220 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	30 220 000	30 220 000	30 220 000	30 220 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 220 000	30 220 000	30 220 000	30 220 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	832 000	609 000	404 000	291 000
Total Current Assets	858 000	754 000	569 000	327 000
Total Assets	31 078 000	30 974 000	30 789 000	30 547 000
Total Equity	13 073 000	12 052 000	11 210 000	10 360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 923 000	18 889 000	19 532 000	20 157 000
Creditors	18 000	17 000	15 000	15 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	63 000	16 000	33 000	15 000
Total Current Debt	82 000	33 000	47 000	30 000
Total Equity and Debt	31 078 000	30 974 000	30 789 000	30 547 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,81 %	6,99 %	7,58 %	6,82 %
Debt-to-Equity Ratio	1,37	1,57	1,74	1,95
Operating Profit Margin	51,63 %	51,75 %	53,26 %	46,86 %
Current Ratio	10,46	22,85	12,11	10,9
Quick Ratio	10,46	22,85	12,11	10,9
Equity Ratio	0,42	0,39	0,36	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %