VENTURE FACTORY AS

0560 OSLO

Finances

Return on Equity

−8,88 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	558 000	700 000	1 763 000	4 095 000
Net Income	−1 437 000	−34 385 000	−10 716 000	4 265 000
Total Assets	32 527 000	33 618 000	62 644 000	72 841 000
Total Equity	16 182 000	17 620 000	52 004 000	62 721 000

Income (NOK)	2022	2021	2020	2019
Revenue	558 000	700 000	1 763 000	4 095 000
Expenditure	3 348 000	4 134 000	4 991 000	5 466 000
Operating Profit	−2 789 000	−3 434 000	−3 228 000	−1 370 000
Financial Income	16 758 000	1 614 000	2 948 000	8 750 000
Financial Costs	15 406 000	32 564 000	10 436 000	3 115 000
Financial Balance	1 352 000	−30 950 000	−7 488 000	5 635 000
Earnings Before Tax	−1 437 000	−34 385 000	−10 716 000	4 265 000
Tax	0	0	0	0
Net Income	−1 437 000	−34 385 000	−10 716 000	4 265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 649 000	24 562 000	51 892 000	45 004 000
Total Current Assets	8 878 000	9 057 000	10 752 000	27 837 000
Total Assets	32 527 000	33 618 000	62 644 000	72 841 000
Total Retained Equity	−63 485 000	−62 048 000	−27 663 000	−16 947 000
Total Equity	16 182 000	17 620 000	52 004 000	62 721 000
Total Long-Term Debt	11 484 000	10 781 000	9 983 000	6 867 000
Total Current Debt	4 861 000	5 218 000	657 000	3 253 000
Total Equity and Debt	32 527 000	33 618 000	62 644 000	72 841 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	558 000	411 000	1 637 000	4 095 000
Other Income	0	289 000	125 000	0
Revenue	558 000	700 000	1 763 000	4 095 000
Cost of Goods Sold	635 000	214 000	146 000	600 000
Salary Costs	1 772 000	2 979 000	2 621 000	2 439 000
Depreciation	0	0	0	2 000
Impairment	0	0	0	0
Expenditure	3 348 000	4 134 000	4 991 000	5 466 000
Operating Profit	−2 789 000	−3 434 000	−3 228 000	−1 370 000
Financial Income	16 758 000	1 614 000	2 948 000	8 750 000
Financial Costs	15 406 000	32 564 000	10 436 000	3 115 000
Financial Balance	1 352 000	−30 950 000	−7 488 000	5 635 000
Dividends	0	0	0	0
Net Income	−1 437 000	−34 385 000	−10 716 000	4 265 000

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	23 649 000	24 562 000	51 892 000	45 004 000
Total Fixed Assets	23 649 000	24 562 000	51 892 000	45 004 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	321 000	2 441 000	1 727 000	1 256 000
Total Current Assets	8 878 000	9 057 000	10 752 000	27 837 000
Total Assets	32 527 000	33 618 000	62 644 000	72 841 000
Total Equity	16 182 000	17 620 000	52 004 000	62 721 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 484 000	10 781 000	9 983 000	6 867 000
Creditors	171 000	216 000	69 000	509 000
Unpaid Taxes	47 000	236 000	210 000	153 000
Dividends	0	0	0	0
Other Current Debt	4 643 000	4 766 000	377 000	2 591 000
Total Current Debt	4 861 000	5 218 000	657 000	3 253 000
Total Equity and Debt	32 527 000	33 618 000	62 644 000	72 841 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,88 %	−195,15 %	−20,61 %	6,8 %
Debt-to-Equity Ratio	0,71	0,61	0,19	0,11
Operating Profit Margin	−499,82 %	−490,57 %	−183,1 %	−33,46 %
Current Ratio	1,83	1,74	16,37	8,56
Quick Ratio	1,83	1,74	16,37	8,56
Equity Ratio	0,5	0,52	0,83	0,86
Gross Profit Margin	−13,8 %	69,43 %	91,72 %	85,35 %