VENTURE ENGINE AS

0658 OSLO

Finances

Return on Equity

−5,25 %

Current Ratio

21,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	2 292 000	0	0
Net Income	−1 615 000	11 301 000	64 000	2 082 000
Total Assets	32 049 000	35 996 000	24 125 000	24 132 000
Total Equity	30 775 000	32 390 000	24 089 000	24 025 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	2 292 000	0	0
Expenditure	424 000	518 000	214 000	147 000
Operating Profit	−424 000	1 774 000	−214 000	−147 000
Financial Income	30 000	10 033 000	270 000	3 739 000
Financial Costs	1 221 000	3 000	0	1 478 000
Financial Balance	−1 191 000	10 030 000	270 000	2 261 000
Earnings Before Tax	−1 615 000	11 805 000	56 000	2 114 000
Tax	0	504 000	−8 000	32 000
Net Income	−1 615 000	11 301 000	64 000	2 082 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 060 000	3 057 000	3 060 000	3 060 000
Total Current Assets	27 989 000	32 938 000	21 065 000	21 072 000
Total Assets	32 049 000	35 996 000	24 125 000	24 132 000
Total Retained Equity	30 745 000	32 360 000	24 059 000	23 995 000
Total Equity	30 775 000	32 390 000	24 089 000	24 025 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 274 000	3 606 000	36 000	106 000
Total Equity and Debt	32 049 000	35 996 000	24 125 000	24 132 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	2 292 000	0	0
Other Income	0	0	0	0
Revenue	0	2 292 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	424 000	518 000	214 000	147 000
Operating Profit	−424 000	1 774 000	−214 000	−147 000
Financial Income	30 000	10 033 000	270 000	3 739 000
Financial Costs	1 221 000	3 000	0	1 478 000
Financial Balance	−1 191 000	10 030 000	270 000	2 261 000
Dividends	0	3 000 000	0	100 000
Net Income	−1 615 000	11 301 000	64 000	2 082 000

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	128 000	128 000	128 000	128 000
Total Tangible Assets	128 000	128 000	128 000	128 000
Total Fiancial Fixed Assets	3 932 000	2 930 000	2 932 000	2 932 000
Total Fixed Assets	4 060 000	3 057 000	3 060 000	3 060 000
Stock	0	0	0	0
Total Investments	24 640 000	20 859 000	9 712 000	9 190 000
Cash, Bank	3 245 000	11 976 000	8 518 000	10 458 000
Total Current Assets	27 989 000	32 938 000	21 065 000	21 072 000
Total Assets	32 049 000	35 996 000	24 125 000	24 132 000
Total Equity	30 775 000	32 390 000	24 089 000	24 025 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	5 000	25 000
Unpaid Taxes	0	0	0	0
Dividends	0	3 000 000	0	100 000
Other Current Debt	1 274 000	3 102 000	31 000	49 000
Total Current Debt	1 274 000	3 606 000	36 000	106 000
Total Equity and Debt	32 049 000	35 996 000	24 125 000	24 132 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,25 %	34,89 %	0,27 %	8,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	77,4 %	-	-
Current Ratio	21,97	9,13	585,14	198,79
Quick Ratio	21,97	9,13	585,14	198,79
Equity Ratio	0,96	0,9	1	1
Gross Profit Margin	-	100 %	-	-