VENNESLA TIDENDE AS

4700 VENNESLA

Finances

Share Ownership

Return on Equity

19,64 %

Current Ratio

2,23

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 461 000	9 690 000	8 282 000	7 927 000
Net Income	701 000	288 000	107 000	−149 000
Total Assets	6 609 000	4 950 000	6 028 000	4 663 000
Total Equity	3 570 000	3 019 000	2 817 000	2 771 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 461 000	9 690 000	8 282 000	7 927 000
Expenditure	9 716 000	9 374 000	8 212 000	8 231 000
Operating Profit	745 000	316 000	71 000	−305 000
Financial Income	128 000	39 000	67 000	114 000
Financial Costs	14 000	3 000	0	0
Financial Balance	114 000	36 000	67 000	114 000
Earnings Before Tax	859 000	352 000	137 000	−190 000
Tax	157 000	64 000	30 000	−42 000
Net Income	701 000	288 000	107 000	−149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	867 000	32 000	84 000	63 000
Total Current Assets	5 743 000	4 918 000	5 945 000	4 600 000
Total Assets	6 609 000	4 950 000	6 028 000	4 663 000
Total Retained Equity	856 000	0	103 000	58 000
Total Equity	3 570 000	3 019 000	2 817 000	2 771 000
Total Long-Term Debt	469 000	0	0	0
Total Current Debt	2 570 000	1 931 000	3 211 000	1 892 000
Total Equity and Debt	6 609 000	4 950 000	6 028 000	4 663 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 612 000	9 005 000	7 632 000	7 341 000
Other Income	849 000	685 000	650 000	585 000
Revenue	10 461 000	9 690 000	8 282 000	7 927 000
Cost of Goods Sold	2 186 000	1 846 000	1 687 000	1 878 000
Salary Costs	3 019 000	3 283 000	3 284 000	3 690 000
Depreciation	163 000	190 000	37 000	19 000
Impairment	0	0	0	0
Expenditure	9 716 000	9 374 000	8 212 000	8 231 000
Operating Profit	745 000	316 000	71 000	−305 000
Financial Income	128 000	39 000	67 000	114 000
Financial Costs	14 000	3 000	0	0
Financial Balance	114 000	36 000	67 000	114 000
Dividends	0	0	0	0
Net Income	701 000	288 000	107 000	−149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	215 000	19 000	6 000	6 000
Real Eastate	625 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	13 000	50 000	37 000
Total Tangible Assets	636 000	13 000	50 000	37 000
Total Fiancial Fixed Assets	16 000	0	28 000	20 000
Total Fixed Assets	867 000	32 000	84 000	63 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	5 437 000	3 868 000
Total Current Assets	5 743 000	4 918 000	5 945 000	4 600 000
Total Assets	6 609 000	4 950 000	6 028 000	4 663 000
Total Equity	3 570 000	3 019 000	2 817 000	2 771 000
Short-Term Group Debt	0	85 000	0	0
Total Long-Term Debt	469 000	0	0	0
Creditors	152 000	153 000	1 610 000	106 000
Unpaid Taxes	236 000	261 000	200 000	100 000
Dividends	0	0	0	0
Other Current Debt	344 000	1 356 000	1 388 000	1 686 000
Total Current Debt	2 570 000	1 931 000	3 211 000	1 892 000
Total Equity and Debt	6 609 000	4 950 000	6 028 000	4 663 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,64 %	9,54 %	3,8 %	−5,38 %
Debt-to-Equity Ratio	0,13	0	0	0
Operating Profit Margin	7,12 %	3,26 %	0,86 %	−3,85 %
Current Ratio	2,23	2,55	1,85	2,43
Quick Ratio	2,23	2,55	1,85	2,43
Equity Ratio	0,54	0,61	0,47	0,59
Gross Profit Margin	79,1 %	80,95 %	79,63 %	76,31 %