VERKTØY & MASKIN AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

20,77 %

Current Ratio

2,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 181 000	5 894 000	7 382 000	8 107 000
Net Income	183 000	−203 000	303 000	−384 000
Total Assets	2 947 000	3 273 000	3 814 000	3 436 000
Total Equity	881 000	699 000	902 000	598 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 181 000	5 894 000	7 382 000	8 107 000
Expenditure	4 888 000	6 091 000	6 907 000	8 550 000
Operating Profit	293 000	−196 000	475 000	−443 000
Financial Income	20 000	16 000	7 000	23 000
Financial Costs	79 000	80 000	93 000	72 000
Financial Balance	−59 000	−64 000	−86 000	−49 000
Earnings Before Tax	234 000	−260 000	389 000	−493 000
Tax	52 000	−57 000	86 000	−108 000
Net Income	183 000	−203 000	303 000	−384 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 000	158 000	112 000	214 000
Total Current Assets	2 840 000	3 114 000	3 702 000	3 222 000
Total Assets	2 947 000	3 273 000	3 814 000	3 436 000
Total Retained Equity	531 000	349 000	552 000	248 000
Total Equity	881 000	699 000	902 000	598 000
Total Long-Term Debt	883 000	1 042 000	1 184 000	1 336 000
Total Current Debt	1 183 000	1 533 000	1 729 000	1 502 000
Total Equity and Debt	2 947 000	3 273 000	3 814 000	3 436 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 181 000	5 894 000	7 382 000	8 107 000
Other Income	0	0	0	0
Revenue	5 181 000	5 894 000	7 382 000	8 107 000
Cost of Goods Sold	2 652 000	2 918 000	3 303 000	4 148 000
Salary Costs	1 478 000	2 257 000	2 698 000	3 331 000
Depreciation	0	11 000	16 000	16 000
Impairment	0	0	0	0
Expenditure	4 888 000	6 091 000	6 907 000	8 550 000
Operating Profit	293 000	−196 000	475 000	−443 000
Financial Income	20 000	16 000	7 000	23 000
Financial Costs	79 000	80 000	93 000	72 000
Financial Balance	−59 000	−64 000	−86 000	−49 000
Dividends	0	0	0	0
Net Income	183 000	−203 000	303 000	−384 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	107 000	158 000	101 000	187 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	11 000	27 000
Total Tangible Assets	0	0	11 000	27 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	107 000	158 000	112 000	214 000
Stock	2 659 000	2 809 000	3 230 000	2 565 000
Total Investments	0	0	0	0
Cash, Bank	9 000	68 000	98 000	115 000
Total Current Assets	2 840 000	3 114 000	3 702 000	3 222 000
Total Assets	2 947 000	3 273 000	3 814 000	3 436 000
Total Equity	881 000	699 000	902 000	598 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	883 000	1 042 000	1 184 000	1 336 000
Creditors	438 000	671 000	990 000	630 000
Unpaid Taxes	172 000	177 000	189 000	239 000
Dividends	0	0	0	0
Other Current Debt	368 000	434 000	434 000	435 000
Total Current Debt	1 183 000	1 533 000	1 729 000	1 502 000
Total Equity and Debt	2 947 000	3 273 000	3 814 000	3 436 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,77 %	−29,04 %	33,59 %	−64,21 %
Debt-to-Equity Ratio	1	1,49	1,31	2,23
Operating Profit Margin	5,66 %	−3,33 %	6,43 %	−5,46 %
Current Ratio	2,4	2,03	2,14	2,15
Quick Ratio	−1,92	−2,44	−2,47	−3,03
Equity Ratio	0,3	0,21	0,24	0,17
Gross Profit Margin	48,81 %	50,49 %	55,26 %	48,83 %