VERKET MAT AS

1353 BÆRUMS VERK

Finances

Share Ownership

Return on Equity

−75,51 %

Current Ratio

1,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 070 000	11 374 000	11 544 000	10 277 000
Net Income	−3 028 000	−2 853 000	−1 949 000	−2 559 000
Total Assets	8 099 000	4 429 000	3 382 000	4 237 000
Total Equity	4 010 000	988 000	992 000	1 011 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 070 000	11 374 000	11 544 000	10 277 000
Expenditure	14 836 000	14 977 000	13 984 000	13 465 000
Operating Profit	−3 766 000	−3 603 000	−2 440 000	−3 187 000
Financial Income	0	0	0	0
Financial Costs	116 000	53 000	59 000	93 000
Financial Balance	−116 000	−53 000	−59 000	−93 000
Earnings Before Tax	−3 882 000	−3 656 000	−2 499 000	−3 281 000
Tax	−854 000	−803 000	−550 000	−722 000
Net Income	−3 028 000	−2 853 000	−1 949 000	−2 559 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	315 000	192 000	188 000	191 000
Total Current Assets	7 784 000	4 237 000	3 193 000	4 046 000
Total Assets	8 099 000	4 429 000	3 382 000	4 237 000
Total Retained Equity	910 000	888 000	892 000	911 000
Total Equity	4 010 000	988 000	992 000	1 011 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 088 000	3 441 000	2 390 000	3 226 000
Total Equity and Debt	8 098 000	4 429 000	3 382 000	4 237 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 070 000	11 374 000	11 544 000	10 277 000
Other Income	0	0	0	0
Revenue	11 070 000	11 374 000	11 544 000	10 277 000
Cost of Goods Sold	5 182 000	5 737 000	5 972 000	5 112 000
Salary Costs	6 362 000	6 139 000	5 426 000	5 503 000
Depreciation	65 000	69 000	92 000	103 000
Impairment	0	0	0	0
Expenditure	14 836 000	14 977 000	13 984 000	13 465 000
Operating Profit	−3 766 000	−3 603 000	−2 440 000	−3 187 000
Financial Income	0	0	0	0
Financial Costs	116 000	53 000	59 000	93 000
Financial Balance	−116 000	−53 000	−59 000	−93 000
Dividends	0	0	0	0
Net Income	−3 028 000	−2 853 000	−1 949 000	−2 559 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	29 000	29 000	24 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	271 000	134 000	111 000	104 000
Fixtures	21 000	29 000	48 000	63 000
Total Tangible Assets	292 000	163 000	159 000	167 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	315 000	192 000	188 000	191 000
Stock	509 000	473 000	362 000	549 000
Total Investments	0	0	0	0
Cash, Bank	75 000	32 000	36 000	56 000
Total Current Assets	7 784 000	4 237 000	3 193 000	4 046 000
Total Assets	8 099 000	4 429 000	3 382 000	4 237 000
Total Equity	4 010 000	988 000	992 000	1 011 000
Short-Term Group Debt	2 045 000	1 256 000	518 000	1 471 000
Total Long-Term Debt	0	0	0	0
Creditors	457 000	661 000	657 000	558 000
Unpaid Taxes	805 000	653 000	636 000	624 000
Dividends	0	0	0	0
Other Current Debt	781 000	871 000	579 000	572 000
Total Current Debt	4 088 000	3 441 000	2 390 000	3 226 000
Total Equity and Debt	8 098 000	4 429 000	3 382 000	4 237 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−75,51 %	−288,77 %	−196,47 %	−253,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−34,02 %	−31,68 %	−21,14 %	−31,01 %
Current Ratio	1,9	1,23	1,34	1,25
Quick Ratio	2,17	1,43	1,57	1,51
Equity Ratio	0,5	0,22	0,29	0,24
Gross Profit Margin	53,19 %	49,56 %	48,27 %	50,26 %