VENNELSBORG HOLDING AS

3408 TRANBY

Finances

Return on Equity

1,29 %

Current Ratio

26,06

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	297 000	384 000	17 253 000	673 000
Net Income	269 000	23 449 000	402 000	−264 000
Total Assets	30 832 000	25 202 000	24 371 000	15 257 000
Total Equity	20 802 000	20 532 000	10 084 000	9 682 000

Income (NOK)	2022	2021	2020	2019
Revenue	297 000	384 000	17 253 000	673 000
Expenditure	457 000	828 000	16 346 000	838 000
Operating Profit	−160 000	−443 000	907 000	−165 000
Financial Income	1 401 000	24 240 000	0	9 000
Financial Costs	972 000	349 000	444 000	109 000
Financial Balance	429 000	23 891 000	−444 000	−100 000
Earnings Before Tax	269 000	23 449 000	464 000	−264 000
Tax	0	0	62 000	0
Net Income	269 000	23 449 000	402 000	−264 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 480 000	9 314 000	11 771 000	14 988 000
Total Current Assets	12 352 000	15 888 000	12 600 000	269 000
Total Assets	30 832 000	25 202 000	24 371 000	15 257 000
Total Retained Equity	20 669 000	20 399 000	9 951 000	9 549 000
Total Equity	20 802 000	20 532 000	10 084 000	9 682 000
Total Long-Term Debt	9 556 000	4 138 000	13 732 000	5 300 000
Total Current Debt	474 000	531 000	555 000	275 000
Total Equity and Debt	30 832 000	25 202 000	24 371 000	15 257 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	195 000	17 170 000	570 000
Other Income	297 000	189 000	83 000	103 000
Revenue	297 000	384 000	17 253 000	673 000
Cost of Goods Sold	0	0	0	0
Salary Costs	−9 000	474 000	511 000	564 000
Depreciation	52 000	52 000	13 000	3 000
Impairment	0	0	0	0
Expenditure	457 000	828 000	16 346 000	838 000
Operating Profit	−160 000	−443 000	907 000	−165 000
Financial Income	1 401 000	24 240 000	0	9 000
Financial Costs	972 000	349 000	444 000	109 000
Financial Balance	429 000	23 891 000	−444 000	−100 000
Dividends	0	0	0	0
Net Income	269 000	23 449 000	402 000	−264 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 534 000	8 383 000	7 082 000	10 286 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	220 000	206 000	0	13 000
Total Tangible Assets	17 755 000	8 589 000	7 082 000	10 299 000
Total Fiancial Fixed Assets	725 000	725 000	4 688 000	4 688 000
Total Fixed Assets	18 480 000	9 314 000	11 771 000	14 988 000
Stock	0	0	0	0
Total Investments	0	13 867 000	0	0
Cash, Bank	12 344 000	1 111 000	541 000	249 000
Total Current Assets	12 352 000	15 888 000	12 600 000	269 000
Total Assets	30 832 000	25 202 000	24 371 000	15 257 000
Total Equity	20 802 000	20 532 000	10 084 000	9 682 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 556 000	4 138 000	13 732 000	5 300 000
Creditors	35 000	83 000	134 000	49 000
Unpaid Taxes	0	57 000	169 000	168 000
Dividends	0	0	0	0
Other Current Debt	439 000	391 000	190 000	58 000
Total Current Debt	474 000	531 000	555 000	275 000
Total Equity and Debt	30 832 000	25 202 000	24 371 000	15 257 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,29 %	114,21 %	3,99 %	−2,73 %
Debt-to-Equity Ratio	0,46	0,2	1,36	0,55
Operating Profit Margin	−53,87 %	−115,36 %	5,26 %	−24,52 %
Current Ratio	26,06	29,92	22,7	0,98
Quick Ratio	26,06	29,92	22,7	0,98
Equity Ratio	0,67	0,81	0,41	0,63
Gross Profit Margin	100 %	100 %	100 %	100 %