VERKSKROA AS

4827 FROLANDS VERK

Finances

Share Ownership

Return on Equity

−30,06 %

Current Ratio

0,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 444 000	3 253 000	2 683 000	2 761 000
Net Income	−52 000	−75 000	−133 000	75 000
Total Assets	519 000	534 000	524 000	686 000
Total Equity	173 000	225 000	300 000	433 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 444 000	3 253 000	2 683 000	2 761 000
Expenditure	3 510 000	3 349 000	2 854 000	2 664 000
Operating Profit	−66 000	−96 000	−171 000	97 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−66 000	−96 000	−171 000	97 000
Tax	−15 000	−21 000	−38 000	21 000
Net Income	−52 000	−75 000	−133 000	75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	236 000	256 000	226 000	255 000
Total Current Assets	283 000	278 000	298 000	431 000
Total Assets	519 000	534 000	524 000	686 000
Total Retained Equity	143 000	195 000	270 000	403 000
Total Equity	173 000	225 000	300 000	433 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	346 000	309 000	224 000	253 000
Total Equity and Debt	519 000	534 000	524 000	686 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 444 000	3 253 000	2 677 000	2 761 000
Other Income	0	0	7 000	0
Revenue	3 444 000	3 253 000	2 683 000	2 761 000
Cost of Goods Sold	1 201 000	1 124 000	897 000	885 000
Salary Costs	1 807 000	1 743 000	1 209 000	1 319 000
Depreciation	34 000	34 000	30 000	37 000
Impairment	0	0	0	0
Expenditure	3 510 000	3 349 000	2 854 000	2 664 000
Operating Profit	−66 000	−96 000	−171 000	97 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−52 000	−75 000	−133 000	75 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	25 000	4 000	2 000
Real Eastate	160 000	175 000	189 000	204 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	36 000	56 000	33 000	48 000
Total Tangible Assets	196 000	230 000	222 000	252 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	236 000	256 000	226 000	255 000
Stock	72 000	41 000	30 000	25 000
Total Investments	0	0	0	0
Cash, Bank	200 000	228 000	259 000	398 000
Total Current Assets	283 000	278 000	298 000	431 000
Total Assets	519 000	534 000	524 000	686 000
Total Equity	173 000	225 000	300 000	433 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	14 000	0	0
Unpaid Taxes	118 000	90 000	111 000	65 000
Dividends	0	0	0	0
Other Current Debt	211 000	205 000	150 000	164 000
Total Current Debt	346 000	309 000	224 000	253 000
Total Equity and Debt	519 000	534 000	524 000	686 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,06 %	−33,33 %	−44,33 %	17,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,92 %	−2,95 %	−6,37 %	3,51 %
Current Ratio	0,82	0,9	1,33	1,7
Quick Ratio	1,03	1,04	1,54	1,89
Equity Ratio	0,33	0,42	0,57	0,63
Gross Profit Margin	65,13 %	65,45 %	66,57 %	67,95 %