VERKSGT 12 AS

4013 STAVANGER

Finances

Share Ownership

Return on Equity

3,19 %

Current Ratio

34,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 454 000	1 921 000	1 973 000	2 077 000
Net Income	1 103 000	166 000	−561 000	−105 000
Total Assets	34 750 000	32 605 000	31 771 000	32 348 000
Total Equity	34 555 000	32 510 000	−4 076 000	−3 515 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 454 000	1 921 000	1 973 000	2 077 000
Expenditure	1 105 000	1 113 000	1 088 000	1 146 000
Operating Profit	1 348 000	808 000	884 000	931 000
Financial Income	66 000	0	3 000	5 000
Financial Costs	0	595 000	1 607 000	1 071 000
Financial Balance	66 000	−595 000	−1 604 000	−1 066 000
Earnings Before Tax	1 414 000	213 000	−720 000	−135 000
Tax	311 000	47 000	−158 000	−30 000
Net Income	1 103 000	166 000	−561 000	−105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 051 000	29 403 000	30 428 000	30 927 000
Total Current Assets	6 699 000	3 202 000	1 343 000	1 420 000
Total Assets	34 750 000	32 605 000	31 771 000	32 348 000
Total Retained Equity	1 103 000	0	−4 226 000	−3 665 000
Total Equity	34 555 000	32 510 000	−4 076 000	−3 515 000
Total Long-Term Debt	0	13 000	35 713 000	35 713 000
Total Current Debt	195 000	82 000	134 000	150 000
Total Equity and Debt	34 750 000	32 605 000	31 771 000	32 348 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 408 000	1 876 000	1 856 000	2 077 000
Other Income	46 000	45 000	116 000	0
Revenue	2 454 000	1 921 000	1 973 000	2 077 000
Cost of Goods Sold	249 000	211 000	248 000	235 000
Salary Costs	0	0	0	0
Depreciation	775 000	775 000	774 000	773 000
Impairment	0	0	0	0
Expenditure	1 105 000	1 113 000	1 088 000	1 146 000
Operating Profit	1 348 000	808 000	884 000	931 000
Financial Income	66 000	0	3 000	5 000
Financial Costs	0	595 000	1 607 000	1 071 000
Financial Balance	66 000	−595 000	−1 604 000	−1 066 000
Dividends	0	0	0	0
Net Income	1 103 000	166 000	−561 000	−105 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	251 000	827 000	1 077 000	919 000
Real Eastate	25 487 000	25 894 000	26 301 000	26 590 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 313 000	2 682 000	3 050 000	3 419 000
Total Tangible Assets	27 801 000	28 576 000	29 351 000	30 009 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 051 000	29 403 000	30 428 000	30 927 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 055 000	2 081 000	1 059 000	1 130 000
Total Current Assets	6 699 000	3 202 000	1 343 000	1 420 000
Total Assets	34 750 000	32 605 000	31 771 000	32 348 000
Total Equity	34 555 000	32 510 000	−4 076 000	−3 515 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	13 000	35 713 000	35 713 000
Creditors	82 000	14 000	68 000	52 000
Unpaid Taxes	113 000	68 000	66 000	63 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	35 000
Total Current Debt	195 000	82 000	134 000	150 000
Total Equity and Debt	34 750 000	32 605 000	31 771 000	32 348 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,19 %	0,51 %	13,76 %	2,99 %
Debt-to-Equity Ratio	0	0	−8,76	−10,16
Operating Profit Margin	54,93 %	42,06 %	44,8 %	44,82 %
Current Ratio	34,35	39,05	10,02	9,47
Quick Ratio	34,35	39,05	10,02	9,47
Equity Ratio	0,99	1	−0,13	−0,11
Gross Profit Margin	89,85 %	89,02 %	87,43 %	88,69 %