VENÅSEN EIENDOM AS

3514 HØNEFOSS

Finances

Return on Equity

43,6 %

Current Ratio

9,36

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 734 000	3 020 000	6 240 000	19 561 000
Net Income	38 122 000	7 202 000	977 000	17 991 000
Total Assets	108 673 000	94 360 000	71 416 000	79 316 000
Total Equity	87 434 000	52 921 000	47 691 000	47 860 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 734 000	3 020 000	6 240 000	19 561 000
Expenditure	1 750 000	2 249 000	3 917 000	3 171 000
Operating Profit	984 000	772 000	2 324 000	16 390 000
Financial Income	38 103 000	6 582 000	1 154 000	5 264 000
Financial Costs	652 000	540 000	2 181 000	1 129 000
Financial Balance	37 451 000	6 042 000	−1 027 000	4 135 000
Earnings Before Tax	38 434 000	6 814 000	1 296 000	20 525 000
Tax	312 000	−388 000	319 000	2 534 000
Net Income	38 122 000	7 202 000	977 000	17 991 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 745 000	45 595 000	67 688 000	68 160 000
Total Current Assets	60 928 000	48 765 000	3 728 000	11 156 000
Total Assets	108 673 000	94 360 000	71 416 000	79 316 000
Total Retained Equity	84 933 000	50 419 000	45 189 000	45 358 000
Total Equity	87 434 000	52 921 000	47 691 000	47 860 000
Total Long-Term Debt	14 733 000	36 533 000	19 797 000	25 711 000
Total Current Debt	6 506 000	4 906 000	3 928 000	5 745 000
Total Equity and Debt	108 673 000	94 360 000	71 416 000	79 316 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 734 000	3 020 000	6 240 000	19 561 000
Revenue	2 734 000	3 020 000	6 240 000	19 561 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	236 000	227 000	472 000	475 000
Impairment	0	0	0	0
Expenditure	1 750 000	2 249 000	3 917 000	3 171 000
Operating Profit	984 000	772 000	2 324 000	16 390 000
Financial Income	38 103 000	6 582 000	1 154 000	5 264 000
Financial Costs	652 000	540 000	2 181 000	1 129 000
Financial Balance	37 451 000	6 042 000	−1 027 000	4 135 000
Dividends	0	0	0	0
Net Income	38 122 000	7 202 000	977 000	17 991 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	25 444 000	25 267 000	47 545 000	48 008 000
Machinery and Plant Facilities	26 000	34 000	0	0
Fixtures	8 000	17 000	26 000	36 000
Total Tangible Assets	25 478 000	25 318 000	47 571 000	48 043 000
Total Fiancial Fixed Assets	22 267 000	20 276 000	20 116 000	20 116 000
Total Fixed Assets	47 745 000	45 595 000	67 688 000	68 160 000
Stock	0	0	0	0
Total Investments	0	103 000	103 000	4 829 000
Cash, Bank	34 053 000	3 177 000	1 686 000	2 832 000
Total Current Assets	60 928 000	48 765 000	3 728 000	11 156 000
Total Assets	108 673 000	94 360 000	71 416 000	79 316 000
Total Equity	87 434 000	52 921 000	47 691 000	47 860 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 733 000	36 533 000	19 797 000	25 711 000
Creditors	235 000	363 000	254 000	254 000
Unpaid Taxes	0	60 000	37 000	53 000
Dividends	0	0	0	0
Other Current Debt	6 271 000	4 430 000	3 424 000	4 919 000
Total Current Debt	6 506 000	4 906 000	3 928 000	5 745 000
Total Equity and Debt	108 673 000	94 360 000	71 416 000	79 316 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,6 %	13,61 %	2,05 %	37,59 %
Debt-to-Equity Ratio	0,17	0,69	0,42	0,54
Operating Profit Margin	35,99 %	25,56 %	37,24 %	83,79 %
Current Ratio	9,36	9,94	0,95	1,94
Quick Ratio	9,36	9,94	0,95	1,94
Equity Ratio	0,8	0,56	0,67	0,6
Gross Profit Margin	100 %	100 %	100 %	100 %