WARVIK MEK VERKSTED AS

6637 FLEMMA

Finances

Share Ownership

Return on Equity

22,9 %

Current Ratio

2,19

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 226 000	13 619 000	14 203 000	15 776 000
Net Income	1 711 000	1 659 000	777 000	1 378 000
Total Assets	11 922 000	12 089 000	10 009 000	9 964 000
Total Equity	7 472 000	6 761 000	7 102 000	6 325 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 226 000	13 619 000	14 203 000	15 776 000
Expenditure	17 447 000	11 337 000	13 460 000	14 065 000
Operating Profit	2 173 000	2 140 000	974 000	1 756 000
Financial Income	50 000	18 000	47 000	59 000
Financial Costs	42 000	44 000	55 000	61 000
Financial Balance	8 000	−26 000	−8 000	−2 000
Earnings Before Tax	2 180 000	2 114 000	966 000	1 754 000
Tax	470 000	455 000	189 000	376 000
Net Income	1 711 000	1 659 000	777 000	1 378 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 388 000	3 159 000	3 449 000	3 500 000
Total Current Assets	8 534 000	8 930 000	6 560 000	6 464 000
Total Assets	11 922 000	12 089 000	10 009 000	9 964 000
Total Retained Equity	7 122 000	6 411 000	6 752 000	5 975 000
Total Equity	7 472 000	6 761 000	7 102 000	6 325 000
Total Long-Term Debt	547 000	792 000	1 038 000	1 283 000
Total Current Debt	3 903 000	4 535 000	1 869 000	2 356 000
Total Equity and Debt	11 922 000	12 089 000	10 009 000	9 964 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 136 000	13 371 000	14 095 000	15 728 000
Other Income	90 000	249 000	108 000	48 000
Revenue	19 226 000	13 619 000	14 203 000	15 776 000
Cost of Goods Sold	8 496 000	4 606 000	5 536 000	5 389 000
Salary Costs	5 656 000	4 647 000	5 270 000	5 465 000
Depreciation	355 000	367 000	542 000	545 000
Impairment	0	0	0	0
Expenditure	17 447 000	11 337 000	13 460 000	14 065 000
Operating Profit	2 173 000	2 140 000	974 000	1 756 000
Financial Income	50 000	18 000	47 000	59 000
Financial Costs	42 000	44 000	55 000	61 000
Financial Balance	8 000	−26 000	−8 000	−2 000
Dividends	1 000 000	2 000 000	0	3 000 000
Net Income	1 711 000	1 659 000	777 000	1 378 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	296 000	308 000	291 000	282 000
Real Eastate	2 065 000	2 257 000	2 431 000	2 761 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	746 000	225 000	267 000	458 000
Total Tangible Assets	2 811 000	2 482 000	2 698 000	3 219 000
Total Fiancial Fixed Assets	280 000	369 000	460 000	0
Total Fixed Assets	3 388 000	3 159 000	3 449 000	3 500 000
Stock	1 507 000	1 378 000	1 445 000	1 561 000
Total Investments	0	0	0	0
Cash, Bank	3 101 000	3 832 000	3 290 000	1 880 000
Total Current Assets	8 534 000	8 930 000	6 560 000	6 464 000
Total Assets	11 922 000	12 089 000	10 009 000	9 964 000
Total Equity	7 472 000	6 761 000	7 102 000	6 325 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	547 000	792 000	1 038 000	1 283 000
Creditors	1 067 000	566 000	615 000	831 000
Unpaid Taxes	684 000	905 000	504 000	499 000
Dividends	1 000 000	2 000 000	0	3 000 000
Other Current Debt	694 000	593 000	551 000	583 000
Total Current Debt	3 903 000	4 535 000	1 869 000	2 356 000
Total Equity and Debt	11 922 000	12 089 000	10 009 000	9 964 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,9 %	24,54 %	10,94 %	21,79 %
Debt-to-Equity Ratio	0,07	0,12	0,15	0,2
Operating Profit Margin	11,3 %	15,71 %	6,86 %	11,13 %
Current Ratio	2,19	1,97	3,51	2,74
Quick Ratio	3,56	2,83	15,47	8,13
Equity Ratio	0,63	0,56	0,71	0,63
Gross Profit Margin	55,81 %	66,18 %	61,02 %	65,84 %