VERRASUNDET SKJELL AS

7796 FOLLAFOSS

Finances

Share Ownership

Return on Equity

143,9 %

Current Ratio

2,34

Debt-to-Equity Ratio

1,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 880 000	663 000	1 604 000	994 000
Net Income	767 000	−706 000	420 000	96 000
Total Assets	2 063 000	1 363 000	1 433 000	1 507 000
Total Equity	533 000	−234 000	471 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 880 000	663 000	1 604 000	994 000
Expenditure	2 061 000	1 316 000	1 135 000	848 000
Operating Profit	819 000	−652 000	468 000	146 000
Financial Income	0	0	0	0
Financial Costs	52 000	53 000	49 000	50 000
Financial Balance	−52 000	−53 000	−49 000	−50 000
Earnings Before Tax	767 000	−706 000	420 000	96 000
Tax	0	0	0	0
Net Income	767 000	−706 000	420 000	96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	381 000	502 000	648 000	740 000
Total Current Assets	1 683 000	861 000	786 000	767 000
Total Assets	2 063 000	1 363 000	1 433 000	1 507 000
Total Retained Equity	133 000	−634 000	71 000	−348 000
Total Equity	533 000	−234 000	471 000	52 000
Total Long-Term Debt	811 000	936 000	176 000	217 000
Total Current Debt	720 000	662 000	786 000	1 239 000
Total Equity and Debt	2 063 000	1 363 000	1 433 000	1 507 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 880 000	663 000	1 604 000	994 000
Other Income	0	0	0	0
Revenue	2 880 000	663 000	1 604 000	994 000
Cost of Goods Sold	1 211 000	698 000	540 000	179 000
Salary Costs	61 000	36 000	50 000	79 000
Depreciation	121 000	146 000	153 000	159 000
Impairment	0	0	0	0
Expenditure	2 061 000	1 316 000	1 135 000	848 000
Operating Profit	819 000	−652 000	468 000	146 000
Financial Income	0	0	0	0
Financial Costs	52 000	53 000	49 000	50 000
Financial Balance	−52 000	−53 000	−49 000	−50 000
Dividends	0	0	0	0
Net Income	767 000	−706 000	420 000	96 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 000	52 000	52 000	52 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	67 000	89 000	114 000	141 000
Fixtures	60 000	86 000	119 000	91 000
Total Tangible Assets	329 000	450 000	596 000	688 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	381 000	502 000	648 000	740 000
Stock	796 000	796 000	700 000	615 000
Total Investments	0	0	0	0
Cash, Bank	400 000	6 000	6 000	6 000
Total Current Assets	1 683 000	861 000	786 000	767 000
Total Assets	2 063 000	1 363 000	1 433 000	1 507 000
Total Equity	533 000	−234 000	471 000	52 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	811 000	936 000	176 000	217 000
Creditors	385 000	102 000	153 000	241 000
Unpaid Taxes	3 000	16 000	21 000	3 000
Dividends	0	0	0	0
Other Current Debt	332 000	424 000	527 000	924 000
Total Current Debt	720 000	662 000	786 000	1 239 000
Total Equity and Debt	2 063 000	1 363 000	1 433 000	1 507 000

Financial indicators	2022	2021	2020	2019
Return on Equity	143,9 %	301,71 %	89,17 %	184,62 %
Debt-to-Equity Ratio	1,52	−4	0,37	4,17
Operating Profit Margin	28,44 %	−98,34 %	29,18 %	14,69 %
Current Ratio	2,34	1,3	1	0,62
Quick Ratio	−22,14	−6,43	9,14	1,23
Equity Ratio	0,26	−0,17	0,33	0,03
Gross Profit Margin	57,95 %	−5,28 %	66,33 %	81,99 %