VERKSTEDBAKKEN 4 6 8 NARVIK AS

8515 NARVIK

Finances

Share Ownership

Return on Equity

29,52 %

Current Ratio

0,94

Debt-to-Equity Ratio

8,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 530 000	1 457 000	1 306 000	615 000
Net Income	575 000	736 000	424 000	183 000
Total Assets	18 393 000	11 825 000	11 372 000	11 413 000
Total Equity	1 948 000	1 373 000	636 000	213 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 530 000	1 457 000	1 306 000	615 000
Expenditure	614 000	445 000	556 000	225 000
Operating Profit	916 000	1 013 000	750 000	390 000
Financial Income	20 000	0	0	0
Financial Costs	198 000	69 000	206 000	156 000
Financial Balance	−178 000	−69 000	−206 000	−156 000
Earnings Before Tax	738 000	944 000	543 000	234 000
Tax	162 000	208 000	120 000	52 000
Net Income	575 000	736 000	424 000	183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 158 000	10 729 000	10 951 000	11 223 000
Total Current Assets	235 000	1 096 000	421 000	190 000
Total Assets	18 393 000	11 825 000	11 372 000	11 413 000
Total Retained Equity	1 918 000	1 343 000	606 000	183 000
Total Equity	1 948 000	1 373 000	636 000	213 000
Total Long-Term Debt	16 197 000	10 286 000	10 719 000	11 188 000
Total Current Debt	249 000	166 000	16 000	13 000
Total Equity and Debt	18 393 000	11 825 000	11 372 000	11 413 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 000	0	0	0
Other Income	1 526 000	1 457 000	1 306 000	615 000
Revenue	1 530 000	1 457 000	1 306 000	615 000
Cost of Goods Sold	0	6 000	57 000	0
Salary Costs	5 000	0	0	0
Depreciation	285 000	273 000	272 000	79 000
Impairment	0	0	0	0
Expenditure	614 000	445 000	556 000	225 000
Operating Profit	916 000	1 013 000	750 000	390 000
Financial Income	20 000	0	0	0
Financial Costs	198 000	69 000	206 000	156 000
Financial Balance	−178 000	−69 000	−206 000	−156 000
Dividends	0	0	0	0
Net Income	575 000	736 000	424 000	183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 158 000	10 729 000	10 951 000	11 223 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 158 000	10 729 000	10 951 000	11 223 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 158 000	10 729 000	10 951 000	11 223 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	213 000	1 068 000	394 000	181 000
Total Current Assets	235 000	1 096 000	421 000	190 000
Total Assets	18 393 000	11 825 000	11 372 000	11 413 000
Total Equity	1 948 000	1 373 000	636 000	213 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 197 000	10 286 000	10 719 000	11 188 000
Creditors	49 000	9 000	9 000	10 000
Unpaid Taxes	6 000	17 000	0	−14 000
Dividends	0	0	0	0
Other Current Debt	136 000	0	7 000	17 000
Total Current Debt	249 000	166 000	16 000	13 000
Total Equity and Debt	18 393 000	11 825 000	11 372 000	11 413 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,52 %	53,61 %	66,67 %	85,92 %
Debt-to-Equity Ratio	8,31	7,49	16,85	52,53
Operating Profit Margin	59,87 %	69,53 %	57,43 %	63,41 %
Current Ratio	0,94	6,6	26,31	14,62
Quick Ratio	0,94	6,6	26,31	14,62
Equity Ratio	0,11	0,12	0,06	0,02
Gross Profit Margin	100 %	99,59 %	95,64 %	100 %