VENCO AS

5221 NESTTUN

Finances

Share Ownership

Return on Equity

25,86 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 954 000	24 206 000	25 079 000	46 233 000
Net Income	393 000	931 000	449 000	757 000
Total Assets	8 274 000	8 748 000	7 564 000	13 353 000
Total Equity	1 520 000	1 627 000	2 196 000	1 746 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 954 000	24 206 000	25 079 000	46 233 000
Expenditure	23 429 000	22 998 000	24 486 000	45 246 000
Operating Profit	526 000	1 208 000	593 000	987 000
Financial Income	1 000	0	2 000	5 000
Financial Costs	4 000	4 000	6 000	5 000
Financial Balance	−3 000	−4 000	−4 000	0
Earnings Before Tax	523 000	1 204 000	589 000	987 000
Tax	130 000	273 000	140 000	229 000
Net Income	393 000	931 000	449 000	757 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	13 000	63 000	97 000
Total Current Assets	8 273 000	8 735 000	7 502 000	13 256 000
Total Assets	8 274 000	8 748 000	7 564 000	13 353 000
Total Retained Equity	1 420 000	1 527 000	2 096 000	1 646 000
Total Equity	1 520 000	1 627 000	2 196 000	1 746 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 755 000	7 121 000	5 369 000	11 607 000
Total Equity and Debt	8 274 000	8 748 000	7 564 000	13 353 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 954 000	24 114 000	25 079 000	46 233 000
Other Income	0	92 000	0	0
Revenue	23 954 000	24 206 000	25 079 000	46 233 000
Cost of Goods Sold	0	0	0	684 000
Salary Costs	22 303 000	21 907 000	23 592 000	41 990 000
Depreciation	12 000	20 000	34 000	40 000
Impairment	0	0	0	0
Expenditure	23 429 000	22 998 000	24 486 000	45 246 000
Operating Profit	526 000	1 208 000	593 000	987 000
Financial Income	1 000	0	2 000	5 000
Financial Costs	4 000	4 000	6 000	5 000
Financial Balance	−3 000	−4 000	−4 000	0
Dividends	500 000	1 500 000	0	1 000 000
Net Income	393 000	931 000	449 000	757 000

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	1 000	13 000	63 000	97 000
Total Tangible Assets	1 000	13 000	63 000	97 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 000	13 000	63 000	97 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 498 000	5 080 000	4 374 000	3 705 000
Total Current Assets	8 273 000	8 735 000	7 502 000	13 256 000
Total Assets	8 274 000	8 748 000	7 564 000	13 353 000
Total Equity	1 520 000	1 627 000	2 196 000	1 746 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	441 000	114 000	67 000	130 000
Unpaid Taxes	3 761 000	3 225 000	2 704 000	6 600 000
Dividends	500 000	1 500 000	0	1 000 000
Other Current Debt	2 423 000	3 509 000	2 457 000	4 148 000
Total Current Debt	6 755 000	7 121 000	5 369 000	11 607 000
Total Equity and Debt	8 274 000	8 748 000	7 564 000	13 353 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,86 %	57,22 %	20,45 %	43,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,2 %	4,99 %	2,36 %	2,13 %
Current Ratio	1,22	1,23	1,4	1,14
Quick Ratio	1,22	1,23	1,4	1,14
Equity Ratio	0,18	0,19	0,29	0,13
Gross Profit Margin	100 %	100 %	100 %	98,52 %