VERKSGATEN 11 AS

4013 STAVANGER

Finances

Share Ownership

Return on Equity

10,78 %

Current Ratio

0,07

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	676 000	526 000	691 000	647 000
Net Income	273 000	197 000	354 000	113 000
Total Assets	4 536 000	4 645 000	4 826 000	4 860 000
Total Equity	2 533 000	2 619 000	2 782 000	2 909 000

Income (NOK)	2022	2021	2020	2019
Revenue	676 000	526 000	691 000	647 000
Expenditure	325 000	270 000	228 000	487 000
Operating Profit	351 000	255 000	463 000	160 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	10 000	15 000
Financial Balance	0	−2 000	−10 000	−15 000
Earnings Before Tax	351 000	253 000	453 000	145 000
Tax	77 000	56 000	100 000	32 000
Net Income	273 000	197 000	354 000	113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 473 000	4 595 000	4 717 000	4 840 000
Total Current Assets	63 000	49 000	109 000	20 000
Total Assets	4 536 000	4 645 000	4 826 000	4 860 000
Total Retained Equity	−503 000	−416 000	−253 000	−127 000
Total Equity	2 533 000	2 619 000	2 782 000	2 909 000
Total Long-Term Debt	1 139 000	1 170 000	1 217 000	1 672 000
Total Current Debt	865 000	856 000	827 000	279 000
Total Equity and Debt	4 536 000	4 645 000	4 826 000	4 860 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	676 000	526 000	691 000	647 000
Revenue	676 000	526 000	691 000	647 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	122 000	122 000	122 000	122 000
Impairment	0	0	0	0
Expenditure	325 000	270 000	228 000	487 000
Operating Profit	351 000	255 000	463 000	160 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	10 000	15 000
Financial Balance	0	−2 000	−10 000	−15 000
Dividends	360 000	360 000	480 000	240 000
Net Income	273 000	197 000	354 000	113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 473 000	4 595 000	4 717 000	4 840 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 473 000	4 595 000	4 717 000	4 840 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 473 000	4 595 000	4 717 000	4 840 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	46 000	49 000	109 000	20 000
Total Current Assets	63 000	49 000	109 000	20 000
Total Assets	4 536 000	4 645 000	4 826 000	4 860 000
Total Equity	2 533 000	2 619 000	2 782 000	2 909 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 139 000	1 170 000	1 217 000	1 672 000
Creditors	0	25 000	2 000	26 000
Unpaid Taxes	0	0	0	0
Dividends	360 000	360 000	480 000	240 000
Other Current Debt	405 000	405 000	345 000	12 000
Total Current Debt	865 000	856 000	827 000	279 000
Total Equity and Debt	4 536 000	4 645 000	4 826 000	4 860 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,78 %	7,52 %	12,72 %	3,88 %
Debt-to-Equity Ratio	0,45	0,45	0,44	0,57
Operating Profit Margin	51,92 %	48,48 %	67 %	24,73 %
Current Ratio	0,07	0,06	0,13	0,07
Quick Ratio	0,07	0,06	0,13	0,07
Equity Ratio	0,56	0,56	0,58	0,6
Gross Profit Margin	100 %	100 %	100 %	100 %