VENNESLA EIENDOMSUTVIKLING AS

4610 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

11 150 %

Current Ratio

2,69

Debt-to-Equity Ratio

−224,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 000	102 000	76 000	45 000
Net Income	−669 000	−12 000	−57 000	−123 000
Total Assets	2 133 000	2 431 000	2 426 000	2 453 000
Total Equity	−6 000	403 000	415 000	473 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 000	102 000	76 000	45 000
Expenditure	37 000	32 000	40 000	62 000
Operating Profit	−655 000	70 000	37 000	−18 000
Financial Income	0	0	0	0
Financial Costs	87 000	83 000	94 000	105 000
Financial Balance	−87 000	−83 000	−94 000	−105 000
Earnings Before Tax	−742 000	−12 000	−57 000	−123 000
Tax	−73 000	0	0	0
Net Income	−669 000	−12 000	−57 000	−123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 133 000	2 431 000	2 426 000	2 453 000
Total Assets	2 133 000	2 431 000	2 426 000	2 453 000
Total Retained Equity	−571 000	−161 000	−149 000	−91 000
Total Equity	−6 000	403 000	415 000	473 000
Total Long-Term Debt	1 346 000	1 466 000	1 651 000	1 798 000
Total Current Debt	794 000	562 000	359 000	182 000
Total Equity and Debt	2 133 000	2 431 000	2 426 000	2 453 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	42 000	102 000	76 000	45 000
Revenue	42 000	102 000	76 000	45 000
Cost of Goods Sold	0	0	0	6 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	37 000	32 000	40 000	62 000
Operating Profit	−655 000	70 000	37 000	−18 000
Financial Income	0	0	0	0
Financial Costs	87 000	83 000	94 000	105 000
Financial Balance	−87 000	−83 000	−94 000	−105 000
Dividends	0	0	0	0
Net Income	−669 000	−12 000	−57 000	−123 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	1 800 000	2 424 000	2 424 000	2 424 000
Total Investments	0	0	0	0
Cash, Bank	0	7 000	0	29 000
Total Current Assets	2 133 000	2 431 000	2 426 000	2 453 000
Total Assets	2 133 000	2 431 000	2 426 000	2 453 000
Total Equity	−6 000	403 000	415 000	473 000
Short-Term Group Debt	787 000	472 000	330 000	178 000
Total Long-Term Debt	1 346 000	1 466 000	1 651 000	1 798 000
Creditors	0	32 000	21 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	59 000	8 000	1 000
Total Current Debt	794 000	562 000	359 000	182 000
Total Equity and Debt	2 133 000	2 431 000	2 426 000	2 453 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11 150 %	−2,98 %	−13,73 %	−26 %
Debt-to-Equity Ratio	−224,33	3,64	3,98	3,8
Operating Profit Margin	−1 559,52 %	68,63 %	48,68 %	−40 %
Current Ratio	2,69	4,33	6,76	13,48
Quick Ratio	−2,12	−1,31	−1,17	−1,09
Equity Ratio	−0	0,17	0,17	0,19
Gross Profit Margin	100 %	100 %	100 %	86,67 %