VERKSTEDBAKKEN 16 AS

8520 ANKENES

Finances

Share Ownership

Return on Equity

12,75 %

Current Ratio

1,69

Debt-to-Equity Ratio

15,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	952 000	503 000	482 000	0
Net Income	52 000	−70 000	120 000	2 000
Total Assets	7 089 000	7 236 000	869 000	668 000
Total Equity	408 000	290 000	153 000	33 000

Income (NOK)	2022	2021	2020	2019
Revenue	952 000	503 000	482 000	0
Expenditure	592 000	388 000	312 000	0
Operating Profit	360 000	115 000	171 000	0
Financial Income	0	0	0	0
Financial Costs	293 000	205 000	17 000	0
Financial Balance	−293 000	−205 000	−17 000	0
Earnings Before Tax	67 000	−90 000	153 000	0
Tax	15 000	−20 000	34 000	−2 000
Net Income	52 000	−70 000	120 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 751 000	6 762 000	0	2 000
Total Current Assets	338 000	474 000	869 000	666 000
Total Assets	7 089 000	7 236 000	869 000	668 000
Total Retained Equity	103 000	51 000	122 000	2 000
Total Equity	408 000	290 000	153 000	33 000
Total Long-Term Debt	6 482 000	4 789 000	0	0
Total Current Debt	200 000	2 156 000	716 000	635 000
Total Equity and Debt	7 089 000	7 236 000	869 000	668 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 022 000	503 000	410 000	0
Other Income	−70 000	0	72 000	0
Revenue	952 000	503 000	482 000	0
Cost of Goods Sold	293 000	21 000	0	0
Salary Costs	0	0	0	0
Depreciation	149 000	133 000	0	0
Impairment	0	0	0	0
Expenditure	592 000	388 000	312 000	0
Operating Profit	360 000	115 000	171 000	0
Financial Income	0	0	0	0
Financial Costs	293 000	205 000	17 000	0
Financial Balance	−293 000	−205 000	−17 000	0
Dividends	0	0	0	0
Net Income	52 000	−70 000	120 000	2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 000
Real Eastate	6 751 000	6 762 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 751 000	6 762 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 751 000	6 762 000	0	2 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	23 000	130 000	88 000	34 000
Total Current Assets	338 000	474 000	869 000	666 000
Total Assets	7 089 000	7 236 000	869 000	668 000
Total Equity	408 000	290 000	153 000	33 000
Short-Term Group Debt	0	2 125 000	557 000	0
Total Long-Term Debt	6 482 000	4 789 000	0	0
Creditors	177 000	24 000	125 000	634 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	23 000	8 000	1 000	1 000
Total Current Debt	200 000	2 156 000	716 000	635 000
Total Equity and Debt	7 089 000	7 236 000	869 000	668 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,75 %	−24,14 %	78,43 %	6,06 %
Debt-to-Equity Ratio	15,89	16,51	0	0
Operating Profit Margin	37,82 %	22,86 %	35,48 %	-
Current Ratio	1,69	0,22	1,21	1,05
Quick Ratio	1,69	0,22	1,21	1,05
Equity Ratio	0,06	0,04	0,18	0,05
Gross Profit Margin	69,22 %	95,83 %	100 %	-