VERKSTEDVEIEN EIENDOM AS

9602 HAMMERFEST

Finances

Share Ownership

Return on Equity

1,34 %

Current Ratio

3,02

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	800 000	789 000	669 000	638 000
Net Income	24 000	17 000	33 000	−50 000
Total Assets	2 875 000	3 013 000	3 112 000	3 052 000
Total Equity	1 786 000	1 761 000	1 744 000	1 712 000

Income (NOK)	2022	2021	2020	2019
Revenue	800 000	789 000	669 000	638 000
Expenditure	734 000	734 000	590 000	631 000
Operating Profit	66 000	56 000	79 000	6 000
Financial Income	5 000	1 000	3 000	6 000
Financial Costs	35 000	32 000	39 000	46 000
Financial Balance	−30 000	−31 000	−36 000	−40 000
Earnings Before Tax	35 000	25 000	43 000	−34 000
Tax	11 000	8 000	11 000	15 000
Net Income	24 000	17 000	33 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 699 000	1 798 000	1 898 000	1 997 000
Total Current Assets	1 176 000	1 215 000	1 214 000	1 055 000
Total Assets	2 875 000	3 013 000	3 112 000	3 052 000
Total Retained Equity	1 683 000	1 659 000	1 642 000	1 609 000
Total Equity	1 786 000	1 761 000	1 744 000	1 712 000
Total Long-Term Debt	700 000	840 000	980 000	1 120 000
Total Current Debt	389 000	411 000	387 000	221 000
Total Equity and Debt	2 875 000	3 013 000	3 112 000	3 052 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	319 000	36 000	0	0
Other Income	481 000	753 000	669 000	638 000
Revenue	800 000	789 000	669 000	638 000
Cost of Goods Sold	0	0	0	0
Salary Costs	457 000	480 000	344 000	339 000
Depreciation	100 000	100 000	100 000	150 000
Impairment	0	0	0	0
Expenditure	734 000	734 000	590 000	631 000
Operating Profit	66 000	56 000	79 000	6 000
Financial Income	5 000	1 000	3 000	6 000
Financial Costs	35 000	32 000	39 000	46 000
Financial Balance	−30 000	−31 000	−36 000	−40 000
Dividends	0	0	0	0
Net Income	24 000	17 000	33 000	−50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 699 000	1 798 000	1 898 000	1 997 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 699 000	1 798 000	1 898 000	1 997 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 699 000	1 798 000	1 898 000	1 997 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 125 000	1 181 000	1 194 000	1 040 000
Total Current Assets	1 176 000	1 215 000	1 214 000	1 055 000
Total Assets	2 875 000	3 013 000	3 112 000	3 052 000
Total Equity	1 786 000	1 761 000	1 744 000	1 712 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	700 000	840 000	980 000	1 120 000
Creditors	13 000	10 000	9 000	0
Unpaid Taxes	263 000	289 000	174 000	176 000
Dividends	0	0	0	0
Other Current Debt	102 000	104 000	194 000	42 000
Total Current Debt	389 000	411 000	387 000	221 000
Total Equity and Debt	2 875 000	3 013 000	3 112 000	3 052 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,34 %	0,97 %	1,89 %	−2,92 %
Debt-to-Equity Ratio	0,39	0,48	0,56	0,65
Operating Profit Margin	8,25 %	7,1 %	11,81 %	0,94 %
Current Ratio	3,02	2,96	3,14	4,77
Quick Ratio	3,02	2,96	3,14	4,77
Equity Ratio	0,62	0,58	0,56	0,56
Gross Profit Margin	100 %	100 %	100 %	100 %