VERKSGATA 54 AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

−300,68 %

Current Ratio

0,03

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 030 000	1 293 000	1 550 000	1 568 000
Net Income	−439 000	36 000	190 000	219 000
Total Assets	12 540 000	12 878 000	13 502 000	13 526 000
Total Equity	146 000	585 000	548 000	359 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 030 000	1 293 000	1 550 000	1 568 000
Expenditure	1 255 000	911 000	907 000	818 000
Operating Profit	−226 000	383 000	643 000	750 000
Financial Income	3 000	0	0	0
Financial Costs	322 000	336 000	399 000	469 000
Financial Balance	−319 000	−336 000	−399 000	−469 000
Earnings Before Tax	−546 000	47 000	244 000	280 000
Tax	−106 000	10 000	54 000	62 000
Net Income	−439 000	36 000	190 000	219 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 147 000	12 315 000	12 517 000	12 726 000
Total Current Assets	393 000	563 000	985 000	800 000
Total Assets	12 540 000	12 878 000	13 502 000	13 526 000
Total Retained Equity	46 000	485 000	448 000	259 000
Total Equity	146 000	585 000	548 000	359 000
Total Long-Term Debt	29 000	12 069 000	12 406 000	12 516 000
Total Current Debt	12 365 000	224 000	548 000	651 000
Total Equity and Debt	12 540 000	12 878 000	13 502 000	13 526 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	1 568 000
Other Income	1 030 000	1 293 000	1 550 000	0
Revenue	1 030 000	1 293 000	1 550 000	1 568 000
Cost of Goods Sold	431 000	0	0	561 000
Salary Costs	0	0	0	0
Depreciation	239 000	203 000	209 000	209 000
Impairment	0	0	0	0
Expenditure	1 255 000	911 000	907 000	818 000
Operating Profit	−226 000	383 000	643 000	750 000
Financial Income	3 000	0	0	0
Financial Costs	322 000	336 000	399 000	469 000
Financial Balance	−319 000	−336 000	−399 000	−469 000
Dividends	0	0	0	0
Net Income	−439 000	36 000	190 000	219 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 147 000	12 315 000	12 515 000	12 716 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	2 000	10 000
Total Tangible Assets	12 147 000	12 315 000	12 517 000	12 726 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 147 000	12 315 000	12 517 000	12 726 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	97 000	356 000	219 000
Total Current Assets	393 000	563 000	985 000	800 000
Total Assets	12 540 000	12 878 000	13 502 000	13 526 000
Total Equity	146 000	585 000	548 000	359 000
Short-Term Group Debt	11 804 000	0	0	0
Total Long-Term Debt	29 000	12 069 000	12 406 000	12 516 000
Creditors	49 000	70 000	8 000	60 000
Unpaid Taxes	43 000	0	36 000	43 000
Dividends	0	0	0	0
Other Current Debt	470 000	155 000	504 000	547 000
Total Current Debt	12 365 000	224 000	548 000	651 000
Total Equity and Debt	12 540 000	12 878 000	13 502 000	13 526 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−300,68 %	6,15 %	34,67 %	61 %
Debt-to-Equity Ratio	0,2	20,63	22,64	34,86
Operating Profit Margin	−21,94 %	29,62 %	41,48 %	47,83 %
Current Ratio	0,03	2,51	1,8	1,23
Quick Ratio	0,03	2,51	1,8	1,23
Equity Ratio	0,01	0,05	0,04	0,03
Gross Profit Margin	58,16 %	100 %	100 %	64,22 %