VERKSTEDVEIEN 2B AS

6517 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

14,16 %

Current Ratio

0,42

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020
Revenue	1 295 000	1 238 000	302 000
Net Income	534 000	448 000	−40 000
Total Assets	6 346 000	6 389 000	6 779 000
Total Equity	3 770 000	3 985 000	4 137 000

Income (NOK)	2022	2021	2020
Revenue	1 295 000	1 238 000	302 000
Expenditure	545 000	611 000	361 000
Operating Profit	750 000	627 000	−59 000
Financial Income	0	0	0
Financial Costs	63 000	52 000	33 000
Financial Balance	−63 000	−52 000	−33 000
Earnings Before Tax	686 000	575 000	−93 000
Tax	152 000	126 000	−52 000
Net Income	534 000	448 000	−40 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 936 000	6 141 000	6 404 000
Total Current Assets	410 000	248 000	375 000
Total Assets	6 346 000	6 389 000	6 779 000
Total Retained Equity	0	0	−40 000
Total Equity	3 770 000	3 985 000	4 137 000
Total Long-Term Debt	1 608 000	1 698 000	2 336 000
Total Current Debt	968 000	705 000	306 000
Total Equity and Debt	6 346 000	6 389 000	6 779 000

Cash flow (NOK)	2022	2021	2020
Sales Income	146 000	0	302 000
Other Income	1 149 000	1 238 000	0
Revenue	1 295 000	1 238 000	302 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	220 000	220 000	110 000
Impairment	0	0	0
Expenditure	545 000	611 000	361 000
Operating Profit	750 000	627 000	−59 000
Financial Income	0	0	0
Financial Costs	63 000	52 000	33 000
Financial Balance	−63 000	−52 000	−33 000
Dividends	750 000	600 000	0
Net Income	534 000	448 000	−40 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	25 000	10 000	52 000
Real Eastate	5 891 000	6 101 000	6 311 000
Machinery and Plant Facilities	0	0	0
Fixtures	20 000	31 000	41 000
Total Tangible Assets	5 911 000	6 131 000	6 352 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	5 936 000	6 141 000	6 404 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	349 000	201 000	331 000
Total Current Assets	410 000	248 000	375 000
Total Assets	6 346 000	6 389 000	6 779 000
Total Equity	3 770 000	3 985 000	4 137 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 608 000	1 698 000	2 336 000
Creditors	44 000	17 000	24 000
Unpaid Taxes	0	0	0
Dividends	750 000	600 000	0
Other Current Debt	7 000	4 000	282 000
Total Current Debt	968 000	705 000	306 000
Total Equity and Debt	6 346 000	6 389 000	6 779 000

Financial indicators	2022	2021	2020
Return on Equity	14,16 %	11,24 %	−0,97 %
Debt-to-Equity Ratio	0,43	0,43	0,56
Operating Profit Margin	57,92 %	50,65 %	−19,54 %
Current Ratio	0,42	0,35	1,23
Quick Ratio	0,42	0,35	1,23
Equity Ratio	0,59	0,62	0,61
Gross Profit Margin	100 %	100 %	100 %