VERLO AS

6700 MÅLØY

Finances

Return on Equity

7,9 %

Current Ratio

1,66

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 443 000	58 245 000	61 525 000	58 330 000
Net Income	653 000	2 627 000	1 962 000	549 000
Total Assets	20 078 000	23 612 000	23 395 000	27 222 000
Total Equity	8 261 000	7 916 000	10 286 000	8 324 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 443 000	58 245 000	61 525 000	58 330 000
Expenditure	55 474 000	55 101 000	59 180 000	57 664 000
Operating Profit	969 000	3 143 000	2 345 000	666 000
Financial Income	177 000	515 000	343 000	262 000
Financial Costs	303 000	290 000	171 000	223 000
Financial Balance	−126 000	225 000	172 000	39 000
Earnings Before Tax	842 000	3 368 000	2 518 000	705 000
Tax	189 000	741 000	555 000	155 000
Net Income	653 000	2 627 000	1 962 000	549 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 175 000	1 973 000	6 408 000	3 403 000
Total Current Assets	17 903 000	21 639 000	16 987 000	23 819 000
Total Assets	20 078 000	23 612 000	23 395 000	27 222 000
Total Retained Equity	8 161 000	7 816 000	10 186 000	8 224 000
Total Equity	8 261 000	7 916 000	10 286 000	8 324 000
Total Long-Term Debt	1 000 000	0	0	0
Total Current Debt	10 817 000	15 696 000	13 109 000	18 898 000
Total Equity and Debt	20 078 000	23 612 000	23 395 000	27 222 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 443 000	58 197 000	61 522 000	58 330 000
Other Income	0	48 000	3 000	0
Revenue	56 443 000	58 245 000	61 525 000	58 330 000
Cost of Goods Sold	36 999 000	37 768 000	41 806 000	41 840 000
Salary Costs	10 042 000	9 635 000	10 265 000	9 040 000
Depreciation	347 000	392 000	232 000	194 000
Impairment	0	0	0	0
Expenditure	55 474 000	55 101 000	59 180 000	57 664 000
Operating Profit	969 000	3 143 000	2 345 000	666 000
Financial Income	177 000	515 000	343 000	262 000
Financial Costs	303 000	290 000	171 000	223 000
Financial Balance	−126 000	225 000	172 000	39 000
Dividends	0	0	0	275 000
Net Income	653 000	2 627 000	1 962 000	549 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	758 000	507 000	522 000	663 000
Real Eastate	113 000	150 000	0	0
Machinery and Plant Facilities	124 000	144 000	104 000	145 000
Fixtures	1 100 000	1 082 000	1 161 000	511 000
Total Tangible Assets	1 337 000	1 375 000	1 265 000	656 000
Total Fiancial Fixed Assets	80 000	90 000	4 621 000	2 084 000
Total Fixed Assets	2 175 000	1 973 000	6 408 000	3 403 000
Stock	11 957 000	9 869 000	8 462 000	7 239 000
Total Investments	0	0	0	0
Cash, Bank	484 000	294 000	173 000	205 000
Total Current Assets	17 903 000	21 639 000	16 987 000	23 819 000
Total Assets	20 078 000	23 612 000	23 395 000	27 222 000
Total Equity	8 261 000	7 916 000	10 286 000	8 324 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000 000	0	0	0
Creditors	3 602 000	4 123 000	4 425 000	9 188 000
Unpaid Taxes	1 309 000	1 439 000	2 831 000	2 371 000
Dividends	0	0	0	275 000
Other Current Debt	2 457 000	7 999 000	3 788 000	2 162 000
Total Current Debt	10 817 000	15 696 000	13 109 000	18 898 000
Total Equity and Debt	20 078 000	23 612 000	23 395 000	27 222 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,9 %	33,19 %	19,07 %	6,6 %
Debt-to-Equity Ratio	0,12	0	0	0
Operating Profit Margin	1,72 %	5,4 %	3,81 %	1,14 %
Current Ratio	1,66	1,38	1,3	1,26
Quick Ratio	−15,7	3,71	3,66	2,04
Equity Ratio	0,41	0,34	0,44	0,31
Gross Profit Margin	34,45 %	35,16 %	32,05 %	28,27 %