VERKSTEDBAKKEN 41 AS

8517 NARVIK

Finances

Share Ownership

Return on Equity

−32,61 %

Current Ratio

2,48

Debt-to-Equity Ratio

7,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	353 000	266 000	2 016 000	2 288 000
Net Income	−316 000	−344 000	1 016 000	1 245 000
Total Assets	8 523 000	8 402 000	8 541 000	9 254 000
Total Equity	969 000	1 285 000	1 628 000	1 558 000

Income (NOK)	2022	2021	2020	2019
Revenue	353 000	266 000	2 016 000	2 288 000
Expenditure	520 000	494 000	553 000	503 000
Operating Profit	−167 000	−228 000	1 462 000	1 785 000
Financial Income	0	0	0	0
Financial Costs	237 000	212 000	160 000	188 000
Financial Balance	−237 000	−212 000	−160 000	−188 000
Earnings Before Tax	−404 000	−440 000	1 303 000	1 597 000
Tax	−89 000	−97 000	287 000	351 000
Net Income	−316 000	−344 000	1 016 000	1 245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 366 000	8 371 000	8 484 000	8 597 000
Total Current Assets	156 000	31 000	57 000	657 000
Total Assets	8 523 000	8 402 000	8 541 000	9 254 000
Total Retained Equity	−31 000	285 000	628 000	558 000
Total Equity	969 000	1 285 000	1 628 000	1 558 000
Total Long-Term Debt	7 491 000	7 073 000	5 611 000	5 520 000
Total Current Debt	63 000	45 000	1 301 000	2 177 000
Total Equity and Debt	8 523 000	8 402 000	8 541 000	9 254 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	353 000	266 000	2 016 000	2 288 000
Revenue	353 000	266 000	2 016 000	2 288 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	115 000	113 000	113 000	113 000
Impairment	0	0	0	0
Expenditure	520 000	494 000	553 000	503 000
Operating Profit	−167 000	−228 000	1 462 000	1 785 000
Financial Income	0	0	0	0
Financial Costs	237 000	212 000	160 000	188 000
Financial Balance	−237 000	−212 000	−160 000	−188 000
Dividends	0	0	0	0
Net Income	−316 000	−344 000	1 016 000	1 245 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 366 000	8 371 000	8 484 000	8 597 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 366 000	8 371 000	8 484 000	8 597 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 366 000	8 371 000	8 484 000	8 597 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	8 000	4 000	7 000
Total Current Assets	156 000	31 000	57 000	657 000
Total Assets	8 523 000	8 402 000	8 541 000	9 254 000
Total Equity	969 000	1 285 000	1 628 000	1 558 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 491 000	7 073 000	5 611 000	5 520 000
Creditors	46 000	36 000	78 000	16 000
Unpaid Taxes	16 000	9 000	11 000	137 000
Dividends	0	0	0	0
Other Current Debt	0	0	1 212 000	2 023 000
Total Current Debt	63 000	45 000	1 301 000	2 177 000
Total Equity and Debt	8 523 000	8 402 000	8 541 000	9 254 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,61 %	−26,77 %	62,41 %	79,91 %
Debt-to-Equity Ratio	7,73	5,5	3,45	3,54
Operating Profit Margin	−47,31 %	−85,71 %	72,52 %	78,02 %
Current Ratio	2,48	0,69	0,04	0,3
Quick Ratio	2,48	0,69	0,04	0,3
Equity Ratio	0,11	0,15	0,19	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %