VENUS BOATS AS

4515 MANDAL

Finances

Share Ownership

Return on Equity

17,98 %

Current Ratio

4,94

Debt-to-Equity Ratio

6,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 744 000	3 563 000	695 000	436 000
Net Income	57 000	313 000	−64 000	170 000
Total Assets	2 576 000	1 642 000	695 000	379 000
Total Equity	317 000	261 000	−52 000	−238 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 744 000	3 563 000	695 000	436 000
Expenditure	4 688 000	3 250 000	759 000	265 000
Operating Profit	55 000	313 000	−64 000	170 000
Financial Income	2 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	2 000	0	0	0
Earnings Before Tax	57 000	313 000	−64 000	170 000
Tax	0	0	0	0
Net Income	57 000	313 000	−64 000	170 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	926 000	916 000	623 000	147 000
Total Current Assets	1 650 000	726 000	71 000	232 000
Total Assets	2 576 000	1 642 000	695 000	379 000
Total Retained Equity	−33 000	−89 000	−402 000	−338 000
Total Equity	317 000	261 000	−52 000	−238 000
Total Long-Term Debt	1 924 000	1 164 000	375 000	585 000
Total Current Debt	334 000	217 000	372 000	32 000
Total Equity and Debt	2 576 000	1 642 000	695 000	379 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 494 000	3 563 000	695 000	436 000
Other Income	250 000	0	0	0
Revenue	4 744 000	3 563 000	695 000	436 000
Cost of Goods Sold	3 333 000	2 587 000	600 000	128 000
Salary Costs	545 000	319 000	0	0
Depreciation	15 000	21 000	15 000	12 000
Impairment	0	0	0	0
Expenditure	4 688 000	3 250 000	759 000	265 000
Operating Profit	55 000	313 000	−64 000	170 000
Financial Income	2 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	2 000	0	0	0
Dividends	0	0	0	0
Net Income	57 000	313 000	−64 000	170 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	115 000	115 000	115 000	115 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	22 000	0	0	0
Fixtures	789 000	801 000	508 000	32 000
Total Tangible Assets	811 000	801 000	508 000	32 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	926 000	916 000	623 000	147 000
Stock	1 177 000	540 000	37 000	37 000
Total Investments	0	0	0	0
Cash, Bank	109 000	73 000	11 000	29 000
Total Current Assets	1 650 000	726 000	71 000	232 000
Total Assets	2 576 000	1 642 000	695 000	379 000
Total Equity	317 000	261 000	−52 000	−238 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 924 000	1 164 000	375 000	585 000
Creditors	279 000	101 000	52 000	32 000
Unpaid Taxes	31 000	74 000	0	0
Dividends	0	0	0	0
Other Current Debt	24 000	42 000	320 000	0
Total Current Debt	334 000	217 000	372 000	32 000
Total Equity and Debt	2 576 000	1 642 000	695 000	379 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,98 %	119,92 %	123,08 %	−71,43 %
Debt-to-Equity Ratio	6,07	4,46	−7,21	−2,46
Operating Profit Margin	1,16 %	8,78 %	−9,21 %	38,99 %
Current Ratio	4,94	3,35	0,19	7,25
Quick Ratio	−1,96	−2,25	0,21	−46,4
Equity Ratio	0,12	0,16	−0,07	−0,63
Gross Profit Margin	29,74 %	27,39 %	13,67 %	70,64 %