VERKSTEDVEIEN 15 B AS

9404 HARSTAD

Finances

Share Ownership

Return on Equity

−67,78 %

Current Ratio

6,9

Debt-to-Equity Ratio

7,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 498 000	1 308 000	1 191 000	1 834 000
Net Income	−1 281 000	263 000	319 000	817 000
Total Assets	17 531 000	17 060 000	16 818 000	11 139 000
Total Equity	1 890 000	2 074 000	1 811 000	1 492 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 498 000	1 308 000	1 191 000	1 834 000
Expenditure	1 861 000	648 000	436 000	567 000
Operating Profit	−362 000	661 000	756 000	1 267 000
Financial Income	1 000	2 000	3 000	59 000
Financial Costs	805 000	325 000	351 000	279 000
Financial Balance	−804 000	−323 000	−348 000	−220 000
Earnings Before Tax	−1 166 000	337 000	409 000	1 048 000
Tax	115 000	74 000	90 000	230 000
Net Income	−1 281 000	263 000	319 000	817 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 619 000	16 083 000	15 722 000	8 133 000
Total Current Assets	9 912 000	976 000	1 096 000	3 006 000
Total Assets	17 531 000	17 060 000	16 818 000	11 139 000
Total Retained Equity	1 268 000	1 452 000	1 188 000	870 000
Total Equity	1 890 000	2 074 000	1 811 000	1 492 000
Total Long-Term Debt	14 204 000	14 689 000	14 828 000	8 375 000
Total Current Debt	1 437 000	297 000	179 000	1 272 000
Total Equity and Debt	17 531 000	17 060 000	16 818 000	11 139 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	175 000	75 000	65 000	0
Other Income	1 324 000	1 233 000	1 126 000	1 834 000
Revenue	1 498 000	1 308 000	1 191 000	1 834 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	172 000	172 000	171 000	171 000
Impairment	0	0	0	0
Expenditure	1 861 000	648 000	436 000	567 000
Operating Profit	−362 000	661 000	756 000	1 267 000
Financial Income	1 000	2 000	3 000	59 000
Financial Costs	805 000	325 000	351 000	279 000
Financial Balance	−804 000	−323 000	−348 000	−220 000
Dividends	0	0	0	0
Net Income	−1 281 000	263 000	319 000	817 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 619 000	7 790 000	7 962 000	8 133 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 619 000	7 790 000	7 962 000	8 133 000
Total Fiancial Fixed Assets	0	8 293 000	7 760 000	0
Total Fixed Assets	7 619 000	16 083 000	15 722 000	8 133 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	182 000	533 000	511 000	1 522 000
Total Current Assets	9 912 000	976 000	1 096 000	3 006 000
Total Assets	17 531 000	17 060 000	16 818 000	11 139 000
Total Equity	1 890 000	2 074 000	1 811 000	1 492 000
Short-Term Group Debt	984 000	0	0	959 000
Total Long-Term Debt	14 204 000	14 689 000	14 828 000	8 375 000
Creditors	113 000	175 000	42 000	12 000
Unpaid Taxes	−69 000	9 000	24 000	52 000
Dividends	0	0	0	0
Other Current Debt	409 000	50 000	39 000	248 000
Total Current Debt	1 437 000	297 000	179 000	1 272 000
Total Equity and Debt	17 531 000	17 060 000	16 818 000	11 139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−67,78 %	12,68 %	17,61 %	54,76 %
Debt-to-Equity Ratio	7,52	7,08	8,19	5,61
Operating Profit Margin	−24,17 %	50,54 %	63,48 %	69,08 %
Current Ratio	6,9	3,29	6,12	2,36
Quick Ratio	6,9	3,29	6,12	2,36
Equity Ratio	0,11	0,12	0,11	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %