BJARNES VENNER SA

8984 VEGA

Finances

Share Ownership

Return on Equity

N/A

Current Ratio

0,33

Debt-to-Equity Ratio

N/A

Key figures (NOK)	2020	2019	2018	2017
Revenue	370 000	577 000	164 000	225 000
Net Income	4 000	−68 000	0	61 000
Total Assets	16 000	12 000	224 000	80 000
Total Equity	0	−4 000	62 000	62 000

Income (NOK)	2020	2019	2018	2017
Revenue	370 000	577 000	164 000	225 000
Expenditure	361 000	645 000	164 000	157 000
Operating Profit	9 000	−68 000	0	68 000
Financial Income	0	0	0	0
Financial Costs	5 000	0	0	5 000
Financial Balance	−5 000	0	0	−5 000
Earnings Before Tax	4 000	−68 000	0	63 000
Tax	0	0	0	2 000
Net Income	4 000	−68 000	0	61 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	11 000	11 000	11 000	11 000
Total Current Assets	5 000	1 000	213 000	69 000
Total Assets	16 000	12 000	224 000	80 000
Total Retained Equity	−58 000	−62 000	6 000	6 000
Total Equity	0	−4 000	62 000	62 000
Total Long-Term Debt	0	0	−2 000	0
Total Current Debt	15 000	15 000	164 000	17 000
Total Equity and Debt	16 000	12 000	224 000	80 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	0	0	0	0
Other Income	370 000	577 000	164 000	225 000
Revenue	370 000	577 000	164 000	225 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	361 000	645 000	164 000	157 000
Operating Profit	9 000	−68 000	0	68 000
Financial Income	0	0	0	0
Financial Costs	5 000	0	0	5 000
Financial Balance	−5 000	0	0	−5 000
Dividends	0	0	0	0
Net Income	4 000	−68 000	0	61 000

Balance details (NOK)	2020	2019	2018	2017
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 000	10 000	10 000	10 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 000	10 000	10 000	10 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	11 000	11 000	11 000	11 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	1 000	213 000	69 000
Total Current Assets	5 000	1 000	213 000	69 000
Total Assets	16 000	12 000	224 000	80 000
Total Equity	0	−4 000	62 000	62 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	−2 000	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	146 000	0
Total Current Debt	15 000	15 000	164 000	17 000
Total Equity and Debt	16 000	12 000	224 000	80 000

Financial indicators	2020	2019	2018	2017
Return on Equity	-	1 700 %	0 %	98,39 %
Debt-to-Equity Ratio	-	−0	−0,03	0
Operating Profit Margin	2,43 %	−11,79 %	0 %	30,22 %
Current Ratio	0,33	0,07	1,3	4,06
Quick Ratio	0,33	0,07	1,3	4,06
Equity Ratio	0	−0,33	0,28	0,78
Gross Profit Margin	100 %	100 %	100 %	100 %