NORSK VERKTØYTEKNIKK AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

51,21 %

Current Ratio

1,32

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2021	2020	2019	2018
Revenue	9 921 000	10 227 000	8 468 000	8 643 000
Net Income	253 000	−2 332 000	466 000	592 000
Total Assets	3 748 000	4 133 000	6 830 000	4 783 000
Total Equity	494 000	241 000	2 572 000	2 107 000

Income (NOK)	2021	2020	2019	2018
Revenue	9 921 000	10 227 000	8 468 000	8 643 000
Expenditure	9 653 000	12 443 000	7 772 000	7 769 000
Operating Profit	268 000	−2 216 000	697 000	875 000
Financial Income	90 000	71 000	9 000	10 000
Financial Costs	105 000	186 000	79 000	33 000
Financial Balance	−15 000	−115 000	−70 000	−23 000
Earnings Before Tax	253 000	−2 332 000	628 000	852 000
Tax	0	0	162 000	261 000
Net Income	253 000	−2 332 000	466 000	592 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	174 000	198 000	221 000	60 000
Total Current Assets	3 574 000	3 935 000	6 609 000	4 723 000
Total Assets	3 748 000	4 133 000	6 830 000	4 783 000
Total Retained Equity	374 000	121 000	2 452 000	1 987 000
Total Equity	494 000	241 000	2 572 000	2 107 000
Total Long-Term Debt	544 000	−96 000	833 000	0
Total Current Debt	2 710 000	3 988 000	3 424 000	2 676 000
Total Equity and Debt	3 748 000	4 133 000	6 830 000	4 783 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	9 921 000	10 227 000	8 468 000	8 643 000
Other Income	0	0	0	0
Revenue	9 921 000	10 227 000	8 468 000	8 643 000
Cost of Goods Sold	3 368 000	6 286 000	3 297 000	4 136 000
Salary Costs	4 526 000	4 099 000	2 950 000	1 782 000
Depreciation	28 000	23 000	28 000	13 000
Impairment	0	0	0	0
Expenditure	9 653 000	12 443 000	7 772 000	7 769 000
Operating Profit	268 000	−2 216 000	697 000	875 000
Financial Income	90 000	71 000	9 000	10 000
Financial Costs	105 000	186 000	79 000	33 000
Financial Balance	−15 000	−115 000	−70 000	−23 000
Dividends	0	0	0	0
Net Income	253 000	−2 332 000	466 000	592 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	25 000	0	0	0
Fixtures	37 000	60 000	211 000	50 000
Total Tangible Assets	62 000	60 000	211 000	50 000
Total Fiancial Fixed Assets	112 000	138 000	10 000	10 000
Total Fixed Assets	174 000	198 000	221 000	60 000
Stock	2 834 000	2 397 000	3 589 000	2 485 000
Total Investments	0	0	0	0
Cash, Bank	173 000	181 000	126 000	69 000
Total Current Assets	3 574 000	3 935 000	6 609 000	4 723 000
Total Assets	3 748 000	4 133 000	6 830 000	4 783 000
Total Equity	494 000	241 000	2 572 000	2 107 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	544 000	−96 000	833 000	0
Creditors	729 000	1 344 000	1 436 000	1 008 000
Unpaid Taxes	1 377 000	2 166 000	1 053 000	556 000
Dividends	0	0	0	0
Other Current Debt	604 000	424 000	723 000	707 000
Total Current Debt	2 710 000	3 988 000	3 424 000	2 676 000
Total Equity and Debt	3 748 000	4 133 000	6 830 000	4 783 000

Financial indicators	2021	2020	2019	2018
Return on Equity	51,21 %	−967,63 %	18,12 %	28,1 %
Debt-to-Equity Ratio	1,1	−0,4	0,32	0
Operating Profit Margin	2,7 %	−21,67 %	8,23 %	10,12 %
Current Ratio	1,32	0,99	1,93	1,76
Quick Ratio	−28,82	2,47	−40,05	24,73
Equity Ratio	0,13	0,06	0,38	0,44
Gross Profit Margin	66,05 %	38,54 %	61,07 %	52,15 %