VENNESLAGÅRDEN II BORETTSLAG

4700 VENNESLA

Finances

Share Ownership

Return on Equity

1,89 %

Current Ratio

2,1

Debt-to-Equity Ratio

1,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	388 000	379 000	376 000	374 000
Net Income	40 000	123 000	123 000	120 000
Total Assets	5 959 000	6 013 000	6 028 000	6 037 000
Total Equity	2 117 000	2 077 000	1 954 000	1 831 000

Income (NOK)	2022	2021	2020	2019
Revenue	388 000	379 000	376 000	374 000
Expenditure	326 000	222 000	214 000	210 000
Operating Profit	62 000	156 000	163 000	164 000
Financial Income	0	0	0	1 000
Financial Costs	22 000	33 000	40 000	45 000
Financial Balance	−22 000	−33 000	−40 000	−44 000
Earnings Before Tax	40 000	123 000	123 000	120 000
Tax	0	0	0	0
Net Income	40 000	123 000	123 000	120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 831 000	5 848 000	5 865 000	5 882 000
Total Current Assets	128 000	164 000	163 000	154 000
Total Assets	5 959 000	6 013 000	6 028 000	6 037 000
Total Retained Equity	2 116 000	2 076 000	1 954 000	1 830 000
Total Equity	2 117 000	2 077 000	1 954 000	1 831 000
Total Long-Term Debt	3 782 000	3 932 000	4 071 000	4 203 000
Total Current Debt	61 000	3 000	3 000	2 000
Total Equity and Debt	5 959 000	6 013 000	6 028 000	6 037 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	388 000	379 000	376 000	374 000
Revenue	388 000	379 000	376 000	374 000
Cost of Goods Sold	0	0	0	0
Salary Costs	42 000	43 000	36 000	29 000
Depreciation	17 000	17 000	17 000	13 000
Impairment	0	0	0	0
Expenditure	326 000	222 000	214 000	210 000
Operating Profit	62 000	156 000	163 000	164 000
Financial Income	0	0	0	1 000
Financial Costs	22 000	33 000	40 000	45 000
Financial Balance	−22 000	−33 000	−40 000	−44 000
Dividends	0	0	0	0
Net Income	40 000	123 000	123 000	120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 810 000	5 810 000	5 810 000	5 810 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	21 000	38 000	55 000	72 000
Total Tangible Assets	5 831 000	5 848 000	5 865 000	5 882 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 831 000	5 848 000	5 865 000	5 882 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	113 000	136 000	136 000	142 000
Total Current Assets	128 000	164 000	163 000	154 000
Total Assets	5 959 000	6 013 000	6 028 000	6 037 000
Total Equity	2 117 000	2 077 000	1 954 000	1 831 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 782 000	3 932 000	4 071 000	4 203 000
Creditors	53 000	2 000	3 000	2 000
Unpaid Taxes	1 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	1 000	0	0
Total Current Debt	61 000	3 000	3 000	2 000
Total Equity and Debt	5 959 000	6 013 000	6 028 000	6 037 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,89 %	5,92 %	6,29 %	6,55 %
Debt-to-Equity Ratio	1,79	1,89	2,08	2,3
Operating Profit Margin	15,98 %	41,16 %	43,35 %	43,85 %
Current Ratio	2,1	54,67	54,33	77
Quick Ratio	2,1	54,67	54,33	77
Equity Ratio	0,36	0,35	0,32	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %