VERKSTEDSERVICE AS

7042 TRONDHEIM

Finances

Share Ownership

Return on Equity

44,24 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 257 000	2 174 000	3 540 000	3 810 000
Net Income	261 000	141 000	117 000	135 000
Total Assets	1 360 000	1 073 000	955 000	941 000
Total Equity	590 000	579 000	438 000	321 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 257 000	2 174 000	3 540 000	3 810 000
Expenditure	1 923 000	1 993 000	3 388 000	3 637 000
Operating Profit	335 000	182 000	152 000	174 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	1 000	1 000	0
Financial Balance	0	−1 000	0	1 000
Earnings Before Tax	334 000	180 000	152 000	174 000
Tax	74 000	40 000	34 000	38 000
Net Income	261 000	141 000	117 000	135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	203 000	236 000	203 000	18 000
Total Current Assets	1 158 000	837 000	752 000	922 000
Total Assets	1 360 000	1 073 000	955 000	941 000
Total Retained Equity	560 000	549 000	408 000	291 000
Total Equity	590 000	579 000	438 000	321 000
Total Long-Term Debt	0	0	1 000	1 000
Total Current Debt	771 000	494 000	517 000	620 000
Total Equity and Debt	1 360 000	1 073 000	955 000	941 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 236 000	2 173 000	3 525 000	3 810 000
Other Income	21 000	1 000	15 000	0
Revenue	2 257 000	2 174 000	3 540 000	3 810 000
Cost of Goods Sold	242 000	310 000	1 750 000	2 052 000
Salary Costs	1 051 000	1 028 000	1 058 000	963 000
Depreciation	39 000	38 000	25 000	2 000
Impairment	0	0	0	0
Expenditure	1 923 000	1 993 000	3 388 000	3 637 000
Operating Profit	335 000	182 000	152 000	174 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	1 000	1 000	0
Financial Balance	0	−1 000	0	1 000
Dividends	250 000	0	0	0
Net Income	261 000	141 000	117 000	135 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	0	0	0
Real Eastate	160 000	181 000	131 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	55 000	72 000	18 000
Total Tangible Assets	197 000	236 000	203 000	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	203 000	236 000	203 000	18 000
Stock	101 000	115 000	105 000	95 000
Total Investments	0	0	0	0
Cash, Bank	649 000	467 000	384 000	622 000
Total Current Assets	1 158 000	837 000	752 000	922 000
Total Assets	1 360 000	1 073 000	955 000	941 000
Total Equity	590 000	579 000	438 000	321 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	1 000
Creditors	34 000	175 000	93 000	25 000
Unpaid Taxes	205 000	129 000	127 000	228 000
Dividends	250 000	0	0	0
Other Current Debt	203 000	150 000	262 000	329 000
Total Current Debt	771 000	494 000	517 000	620 000
Total Equity and Debt	1 360 000	1 073 000	955 000	941 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,24 %	24,35 %	26,71 %	42,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,84 %	8,37 %	4,29 %	4,57 %
Current Ratio	1,5	1,69	1,45	1,49
Quick Ratio	1,73	2,21	1,83	1,76
Equity Ratio	0,43	0,54	0,46	0,34
Gross Profit Margin	89,28 %	85,74 %	50,56 %	46,14 %