VENTURELAB AS

0276 OSLO

Finances

Return on Equity

36,66 %

Current Ratio

0,56

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 893 000	4 458 000	3 246 000	5 748 000
Net Income	272 000	1 464 000	−1 611 000	2 102 000
Total Assets	4 080 000	4 066 000	1 644 000	5 506 000
Total Equity	742 000	1 049 000	−415 000	1 196 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 893 000	4 458 000	3 246 000	5 748 000
Expenditure	1 730 000	5 231 000	2 385 000	3 353 000
Operating Profit	163 000	−773 000	861 000	2 395 000
Financial Income	161 000	2 288 000	156 000	202 000
Financial Costs	17 000	51 000	2 389 000	240 000
Financial Balance	144 000	2 237 000	−2 233 000	−38 000
Earnings Before Tax	308 000	1 464 000	−1 373 000	2 357 000
Tax	36 000	0	238 000	254 000
Net Income	272 000	1 464 000	−1 611 000	2 102 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 424 000	2 772 000	32 000	131 000
Total Current Assets	1 656 000	1 294 000	1 612 000	5 375 000
Total Assets	4 080 000	4 066 000	1 644 000	5 506 000
Total Retained Equity	272 000	579 000	−885 000	726 000
Total Equity	742 000	1 049 000	−415 000	1 196 000
Total Long-Term Debt	379 000	547 000	47 000	59 000
Total Current Debt	2 959 000	2 470 000	2 012 000	4 251 000
Total Equity and Debt	4 080 000	4 066 000	1 644 000	5 506 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 893 000	4 458 000	3 250 000	5 743 000
Other Income	0	0	−5 000	5 000
Revenue	1 893 000	4 458 000	3 246 000	5 748 000
Cost of Goods Sold	13 000	1 527 000	0	0
Salary Costs	245 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 730 000	5 231 000	2 385 000	3 353 000
Operating Profit	163 000	−773 000	861 000	2 395 000
Financial Income	161 000	2 288 000	156 000	202 000
Financial Costs	17 000	51 000	2 389 000	240 000
Financial Balance	144 000	2 237 000	−2 233 000	−38 000
Dividends	0	0	0	0
Net Income	272 000	1 464 000	−1 611 000	2 102 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	50 000	0	0
Fixtures	50 000	0	0	0
Total Tangible Assets	50 000	50 000	0	0
Total Fiancial Fixed Assets	2 374 000	2 722 000	32 000	131 000
Total Fixed Assets	2 424 000	2 772 000	32 000	131 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	302 000	94 000	136 000	64 000
Total Current Assets	1 656 000	1 294 000	1 612 000	5 375 000
Total Assets	4 080 000	4 066 000	1 644 000	5 506 000
Total Equity	742 000	1 049 000	−415 000	1 196 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	379 000	547 000	47 000	59 000
Creditors	1 372 000	1 396 000	447 000	38 000
Unpaid Taxes	17 000	22 000	23 000	1 377 000
Dividends	0	0	0	0
Other Current Debt	1 534 000	1 145 000	1 292 000	2 641 000
Total Current Debt	2 959 000	2 470 000	2 012 000	4 251 000
Total Equity and Debt	4 080 000	4 066 000	1 644 000	5 506 000

Financial indicators	2021	2020	2019	2018
Return on Equity	36,66 %	139,56 %	388,19 %	175,75 %
Debt-to-Equity Ratio	0,51	0,52	−0,11	0,05
Operating Profit Margin	8,61 %	−17,34 %	26,52 %	41,67 %
Current Ratio	0,56	0,52	0,8	1,26
Quick Ratio	0,56	0,52	0,8	1,26
Equity Ratio	0,18	0,26	−0,25	0,22
Gross Profit Margin	99,31 %	65,75 %	100 %	100 %