VENCE INVEST AS

5239 RÅDAL

Finances

Return on Equity

−10,46 %

Current Ratio

28,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−5 143 000	52 090 000	2 084 000	1 015 000
Total Assets	50 732 000	56 845 000	5 470 000	4 496 000
Total Equity	49 150 000	55 756 000	4 666 000	4 482 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	501 000	398 000	81 000	24 000
Operating Profit	−501 000	−398 000	−81 000	−24 000
Financial Income	485 000	52 757 000	2 178 000	1 041 000
Financial Costs	5 354 000	275 000	20 000	0
Financial Balance	−4 869 000	52 482 000	2 158 000	1 041 000
Earnings Before Tax	−5 370 000	52 084 000	2 077 000	1 017 000
Tax	−227 000	−6 000	−7 000	3 000
Net Income	−5 143 000	52 090 000	2 084 000	1 015 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 589 000	5 362 000	4 775 000	3 125 000
Total Current Assets	45 144 000	51 483 000	696 000	1 370 000
Total Assets	50 732 000	56 845 000	5 470 000	4 496 000
Total Retained Equity	49 063 000	55 706 000	4 616 000	4 432 000
Total Equity	49 150 000	55 756 000	4 666 000	4 482 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 582 000	1 088 000	804 000	13 000
Total Equity and Debt	50 732 000	56 845 000	5 470 000	4 496 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	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	501 000	398 000	81 000	24 000
Operating Profit	−501 000	−398 000	−81 000	−24 000
Financial Income	485 000	52 757 000	2 178 000	1 041 000
Financial Costs	5 354 000	275 000	20 000	0
Financial Balance	−4 869 000	52 482 000	2 158 000	1 041 000
Dividends	1 500 000	1 000 000	1 900 000	100 000
Net Income	−5 143 000	52 090 000	2 084 000	1 015 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	233 000	6 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 356 000	5 356 000	4 775 000	3 125 000
Total Fixed Assets	5 589 000	5 362 000	4 775 000	3 125 000
Stock	0	0	0	0
Total Investments	45 080 000	49 428 000	165 000	164 000
Cash, Bank	63 000	73 000	488 000	1 112 000
Total Current Assets	45 144 000	51 483 000	696 000	1 370 000
Total Assets	50 732 000	56 845 000	5 470 000	4 496 000
Total Equity	49 150 000	55 756 000	4 666 000	4 482 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	14 000	4 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	1 500 000	1 000 000	1 900 000	100 000
Other Current Debt	1 566 000	1 075 000	800 000	0
Total Current Debt	1 582 000	1 088 000	804 000	13 000
Total Equity and Debt	50 732 000	56 845 000	5 470 000	4 496 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,46 %	93,42 %	44,66 %	22,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	28,54	47,32	0,87	105,38
Quick Ratio	28,54	47,32	0,87	105,38
Equity Ratio	0,97	0,98	0,85	1
Gross Profit Margin	-	-	-	-