VERKTØYEKSPERTEN AS

6531 AVERØY

Finances

Share Ownership

Return on Equity

18,11 %

Current Ratio

2,91

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 836 000	5 631 000	4 763 000	15 000
Net Income	207 000	401 000	381 000	−123 000
Total Assets	2 179 000	2 346 000	1 769 000	1 086 000
Total Equity	1 143 000	936 000	535 000	154 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 836 000	5 631 000	4 763 000	15 000
Expenditure	5 485 000	5 238 000	3 915 000	172 000
Operating Profit	281 000	516 000	495 000	−157 000
Financial Income	5 000	2 000	0	0
Financial Costs	20 000	4 000	7 000	2 000
Financial Balance	−15 000	−2 000	−7 000	−2 000
Earnings Before Tax	267 000	514 000	489 000	−159 000
Tax	59 000	113 000	108 000	−36 000
Net Income	207 000	401 000	381 000	−123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	219 000	182 000	228 000	286 000
Total Current Assets	1 960 000	2 163 000	1 541 000	800 000
Total Assets	2 179 000	2 346 000	1 769 000	1 086 000
Total Retained Equity	861 000	654 000	253 000	−128 000
Total Equity	1 143 000	936 000	535 000	154 000
Total Long-Term Debt	362 000	416 000	623 000	652 000
Total Current Debt	674 000	993 000	612 000	281 000
Total Equity and Debt	2 179 000	2 346 000	1 769 000	1 086 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 836 000	5 629 000	4 762 000	15 000
Other Income	0	3 000	1 000	0
Revenue	5 836 000	5 631 000	4 763 000	15 000
Cost of Goods Sold	3 350 000	3 304 000	2 578 000	9 000
Salary Costs	1 439 000	1 140 000	878 000	1 000
Depreciation	46 000	46 000	43 000	4 000
Impairment	0	0	0	0
Expenditure	5 485 000	5 238 000	3 915 000	172 000
Operating Profit	281 000	516 000	495 000	−157 000
Financial Income	5 000	2 000	0	0
Financial Costs	20 000	4 000	7 000	2 000
Financial Balance	−15 000	−2 000	−7 000	−2 000
Dividends	0	0	0	0
Net Income	207 000	401 000	381 000	−123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	36 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	136 000	182 000	228 000	250 000
Total Tangible Assets	136 000	182 000	228 000	250 000
Total Fiancial Fixed Assets	84 000	0	0	0
Total Fixed Assets	219 000	182 000	228 000	286 000
Stock	575 000	645 000	522 000	361 000
Total Investments	0	0	0	0
Cash, Bank	1 030 000	1 015 000	407 000	281 000
Total Current Assets	1 960 000	2 163 000	1 541 000	800 000
Total Assets	2 179 000	2 346 000	1 769 000	1 086 000
Total Equity	1 143 000	936 000	535 000	154 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	362 000	416 000	623 000	652 000
Creditors	199 000	285 000	236 000	185 000
Unpaid Taxes	202 000	202 000	125 000	0
Dividends	0	0	0	0
Other Current Debt	204 000	393 000	193 000	95 000
Total Current Debt	674 000	993 000	612 000	281 000
Total Equity and Debt	2 179 000	2 346 000	1 769 000	1 086 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,11 %	42,84 %	71,21 %	−79,87 %
Debt-to-Equity Ratio	0,32	0,44	1,16	4,23
Operating Profit Margin	4,81 %	9,16 %	10,39 %	−1 046,67 %
Current Ratio	2,91	2,18	2,52	2,85
Quick Ratio	19,8	6,22	17,12	−10
Equity Ratio	0,52	0,4	0,3	0,14
Gross Profit Margin	42,6 %	41,32 %	45,87 %	40 %