VENUSVEIEN 8B AS

7657 VERDAL

Finances

Share Ownership

Return on Equity

145,4 %

Current Ratio

0,36

Debt-to-Equity Ratio

20,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	600 000	500 000	0	0
Net Income	253 000	218 000	27 000	−106 000
Total Assets	4 889 000	4 744 000	3 644 000	2 718 000
Total Equity	174 000	821 000	603 000	54 000

Income (NOK)	2022	2021	2020	2019
Revenue	600 000	500 000	0	0
Expenditure	100 000	80 000	39 000	28 000
Operating Profit	500 000	420 000	−39 000	−28 000
Financial Income	19 000	0	0	23 000
Financial Costs	190 000	141 000	81 000	101 000
Financial Balance	−171 000	−141 000	−81 000	−78 000
Earnings Before Tax	329 000	279 000	−120 000	−106 000
Tax	76 000	61 000	−147 000	0
Net Income	253 000	218 000	27 000	−106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 475 000	2 924 000	2 937 000	2 718 000
Total Current Assets	414 000	1 820 000	707 000	1 000
Total Assets	4 889 000	4 744 000	3 644 000	2 718 000
Total Retained Equity	74 000	218 000	0	−531 000
Total Equity	174 000	821 000	603 000	54 000
Total Long-Term Debt	3 552 000	3 820 000	3 039 000	2 650 000
Total Current Debt	1 164 000	102 000	1 000	15 000
Total Equity and Debt	4 889 000	4 744 000	3 644 000	2 718 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	600 000	500 000	0	0
Other Income	0	0	0	0
Revenue	600 000	500 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	34 000	12 000	0	0
Impairment	0	0	0	0
Expenditure	100 000	80 000	39 000	28 000
Operating Profit	500 000	420 000	−39 000	−28 000
Financial Income	19 000	0	0	23 000
Financial Costs	190 000	141 000	81 000	101 000
Financial Balance	−171 000	−141 000	−81 000	−78 000
Dividends	900 000	0	0	0
Net Income	253 000	218 000	27 000	−106 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 890 000	2 924 000	2 937 000	2 718 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 890 000	2 924 000	2 937 000	2 718 000
Total Fiancial Fixed Assets	1 585 000	0	0	0
Total Fixed Assets	4 475 000	2 924 000	2 937 000	2 718 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	102 000	101 000	37 000	1 000
Total Current Assets	414 000	1 820 000	707 000	1 000
Total Assets	4 889 000	4 744 000	3 644 000	2 718 000
Total Equity	174 000	821 000	603 000	54 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 552 000	3 820 000	3 039 000	2 650 000
Creditors	16 000	8 000	1 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	900 000	0	0	0
Other Current Debt	170 000	34 000	0	12 000
Total Current Debt	1 164 000	102 000	1 000	15 000
Total Equity and Debt	4 889 000	4 744 000	3 644 000	2 718 000

Financial indicators	2022	2021	2020	2019
Return on Equity	145,4 %	26,55 %	4,48 %	−196,3 %
Debt-to-Equity Ratio	20,41	4,65	5,04	49,07
Operating Profit Margin	83,33 %	84 %	-	-
Current Ratio	0,36	17,84	707	0,07
Quick Ratio	0,36	17,84	707	0,07
Equity Ratio	0,04	0,17	0,17	0,02
Gross Profit Margin	100 %	100 %	-	-