VERNING AS

6727 BREMANGER

Finances

Share Ownership

Return on Equity

3,77 %

Current Ratio

1,82

Debt-to-Equity Ratio

1,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 276 000	3 836 000	4 896 000	4 781 000
Net Income	301 000	−84 000	208 000	359 000
Total Assets	17 431 000	17 255 000	18 243 000	17 427 000
Total Equity	7 979 000	7 636 000	7 720 000	7 513 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 276 000	3 836 000	4 896 000	4 781 000
Expenditure	4 550 000	3 690 000	4 324 000	3 960 000
Operating Profit	726 000	146 000	571 000	822 000
Financial Income	5 000	9 000	9 000	7 000
Financial Costs	345 000	263 000	314 000	368 000
Financial Balance	−340 000	−254 000	−305 000	−361 000
Earnings Before Tax	386 000	−108 000	266 000	461 000
Tax	85 000	−24 000	59 000	102 000
Net Income	301 000	−84 000	208 000	359 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 601 000	15 870 000	16 337 000	16 015 000
Total Current Assets	1 830 000	1 385 000	1 907 000	1 411 000
Total Assets	17 431 000	17 255 000	18 243 000	17 427 000
Total Retained Equity	1 064 000	764 000	848 000	640 000
Total Equity	7 979 000	7 636 000	7 720 000	7 513 000
Total Long-Term Debt	8 449 000	9 005 000	9 602 000	9 412 000
Total Current Debt	1 003 000	613 000	921 000	501 000
Total Equity and Debt	17 431 000	17 255 000	18 243 000	17 427 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 276 000	3 836 000	4 931 000	4 141 000
Other Income	0	0	−36 000	640 000
Revenue	5 276 000	3 836 000	4 896 000	4 781 000
Cost of Goods Sold	559 000	519 000	595 000	737 000
Salary Costs	2 628 000	1 889 000	2 514 000	2 237 000
Depreciation	490 000	467 000	444 000	401 000
Impairment	0	0	0	0
Expenditure	4 550 000	3 690 000	4 324 000	3 960 000
Operating Profit	726 000	146 000	571 000	822 000
Financial Income	5 000	9 000	9 000	7 000
Financial Costs	345 000	263 000	314 000	368 000
Financial Balance	−340 000	−254 000	−305 000	−361 000
Dividends	0	0	0	0
Net Income	301 000	−84 000	208 000	359 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 250 000	11 250 000	11 250 000	11 250 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	168 000	267 000	366 000	355 000
Total Tangible Assets	4 351 000	4 620 000	5 087 000	4 765 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 601 000	15 870 000	16 337 000	16 015 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 768 000	1 246 000	1 749 000	753 000
Total Current Assets	1 830 000	1 385 000	1 907 000	1 411 000
Total Assets	17 431 000	17 255 000	18 243 000	17 427 000
Total Equity	7 979 000	7 636 000	7 720 000	7 513 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 449 000	9 005 000	9 602 000	9 412 000
Creditors	137 000	120 000	162 000	87 000
Unpaid Taxes	527 000	297 000	458 000	138 000
Dividends	0	0	0	0
Other Current Debt	329 000	196 000	300 000	277 000
Total Current Debt	1 003 000	613 000	921 000	501 000
Total Equity and Debt	17 431 000	17 255 000	18 243 000	17 427 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,77 %	−1,1 %	2,69 %	4,78 %
Debt-to-Equity Ratio	1,06	1,18	1,24	1,25
Operating Profit Margin	13,76 %	3,81 %	11,66 %	17,19 %
Current Ratio	1,82	2,26	2,07	2,82
Quick Ratio	1,82	2,26	2,07	2,82
Equity Ratio	0,46	0,44	0,42	0,43
Gross Profit Margin	89,4 %	86,47 %	87,85 %	84,58 %