VERVIK & YNDESTAD AS

5135 FLAKTVEIT

Finances

Share Ownership

Return on Equity

75,46 %

Current Ratio

1,41

Debt-to-Equity Ratio

2,22

Key figures (NOK)	2022	2021	2020
Revenue	1 103 000	221 000	133 000
Net Income	203 000	53 000	−15 000
Total Assets	997 000	38 000	538 000
Total Equity	269 000	68 000	15 000

Income (NOK)	2022	2021	2020
Revenue	1 103 000	221 000	133 000
Expenditure	835 000	153 000	143 000
Operating Profit	267 000	67 000	−10 000
Financial Income	0	0	0
Financial Costs	12 000	15 000	5 000
Financial Balance	−12 000	−15 000	−5 000
Earnings Before Tax	255 000	53 000	−15 000
Tax	52 000	0	0
Net Income	203 000	53 000	−15 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	812 000	0	429 000
Total Current Assets	185 000	38 000	109 000
Total Assets	997 000	38 000	538 000
Total Retained Equity	239 000	38 000	−15 000
Total Equity	269 000	68 000	15 000
Total Long-Term Debt	596 000	−45 000	445 000
Total Current Debt	131 000	14 000	77 000
Total Equity and Debt	997 000	38 000	538 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 103 000	137 000	133 000
Other Income	0	84 000	0
Revenue	1 103 000	221 000	133 000
Cost of Goods Sold	456 000	16 000	16 000
Salary Costs	18 000	0	0
Depreciation	58 000	78 000	39 000
Impairment	0	0	0
Expenditure	835 000	153 000	143 000
Operating Profit	267 000	67 000	−10 000
Financial Income	0	0	0
Financial Costs	12 000	15 000	5 000
Financial Balance	−12 000	−15 000	−5 000
Dividends	0	0	0
Net Income	203 000	53 000	−15 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	812 000	0	429 000
Total Tangible Assets	812 000	0	429 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	812 000	0	429 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	184 000	68 000	139 000
Total Current Assets	185 000	38 000	109 000
Total Assets	997 000	38 000	538 000
Total Equity	269 000	68 000	15 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	596 000	−45 000	445 000
Creditors	28 000	40 000	39 000
Unpaid Taxes	14 000	4 000	4 000
Dividends	0	0	0
Other Current Debt	37 000	−30 000	34 000
Total Current Debt	131 000	14 000	77 000
Total Equity and Debt	997 000	38 000	538 000

Financial indicators	2022	2021	2020
Return on Equity	75,46 %	77,94 %	−100 %
Debt-to-Equity Ratio	2,22	−0,66	29,67
Operating Profit Margin	24,21 %	30,32 %	−7,52 %
Current Ratio	1,41	2,71	1,42
Quick Ratio	1,41	2,71	1,42
Equity Ratio	0,27	1,79	0,03
Gross Profit Margin	58,66 %	92,76 %	87,97 %