VERKSGATEN 24 AS

4006 STAVANGER

Finances

Return on Equity

67,22 %

Current Ratio

0,45

Debt-to-Equity Ratio

14,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 103 000	3 834 000	3 601 000	3 174 000
Net Income	1 089 000	775 000	2 266 000	−2 588 000
Total Assets	27 936 000	29 770 000	32 191 000	31 974 000
Total Equity	1 620 000	1 620 000	1 620 000	12 052 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 103 000	3 834 000	3 601 000	3 174 000
Expenditure	1 937 000	2 419 000	1 429 000	782 000
Operating Profit	2 166 000	1 415 000	2 172 000	2 393 000
Financial Income	3 000	72 000	15 000	20 000
Financial Costs	772 000	493 000	−477 000	4 575 000
Financial Balance	−769 000	−421 000	492 000	−4 555 000
Earnings Before Tax	1 396 000	994 000	2 664 000	−2 162 000
Tax	307 000	219 000	398 000	426 000
Net Income	1 089 000	775 000	2 266 000	−2 588 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 619 000	27 027 000	31 266 000	30 878 000
Total Current Assets	1 317 000	2 743 000	925 000	1 096 000
Total Assets	27 936 000	29 770 000	32 191 000	31 974 000
Total Retained Equity	0	0	0	0
Total Equity	1 620 000	1 620 000	1 620 000	12 052 000
Total Long-Term Debt	23 356 000	24 422 000	25 481 000	16 132 000
Total Current Debt	2 959 000	3 728 000	5 090 000	3 790 000
Total Equity and Debt	27 936 000	29 770 000	32 191 000	31 974 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 103 000	3 834 000	3 601 000	3 174 000
Revenue	4 103 000	3 834 000	3 601 000	3 174 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	477 000	470 000	469 000	469 000
Impairment	0	0	0	0
Expenditure	1 937 000	2 419 000	1 429 000	782 000
Operating Profit	2 166 000	1 415 000	2 172 000	2 393 000
Financial Income	3 000	72 000	15 000	20 000
Financial Costs	772 000	493 000	−477 000	4 575 000
Financial Balance	−769 000	−421 000	492 000	−4 555 000
Dividends	1 089 000	775 000	12 698 000	3 000 000
Net Income	1 089 000	775 000	2 266 000	−2 588 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 602 000	19 024 000	19 186 000	19 650 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	3 000	7 000	11 000
Total Tangible Assets	18 619 000	19 027 000	19 193 000	19 662 000
Total Fiancial Fixed Assets	8 000 000	8 000 000	12 073 000	11 216 000
Total Fixed Assets	26 619 000	27 027 000	31 266 000	30 878 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	0	0	783 000
Total Current Assets	1 317 000	2 743 000	925 000	1 096 000
Total Assets	27 936 000	29 770 000	32 191 000	31 974 000
Total Equity	1 620 000	1 620 000	1 620 000	12 052 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 356 000	24 422 000	25 481 000	16 132 000
Creditors	167 000	466 000	174 000	144 000
Unpaid Taxes	178 000	0	99 000	0
Dividends	1 089 000	775 000	12 698 000	3 000 000
Other Current Debt	1 204 000	1 171 000	961 000	226 000
Total Current Debt	2 959 000	3 728 000	5 090 000	3 790 000
Total Equity and Debt	27 936 000	29 770 000	32 191 000	31 974 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,22 %	47,84 %	139,88 %	−21,47 %
Debt-to-Equity Ratio	14,42	15,08	15,73	1,34
Operating Profit Margin	52,79 %	36,91 %	60,32 %	75,39 %
Current Ratio	0,45	0,74	0,18	0,29
Quick Ratio	0,45	0,74	0,18	0,29
Equity Ratio	0,06	0,05	0,05	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %