VERNINGEN BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

5,26 %

Current Ratio

4,11

Debt-to-Equity Ratio

3,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	627 000	600 000	578 000	570 000
Net Income	95 000	326 000	330 000	184 000
Total Assets	7 873 000	7 821 000	7 759 000	7 676 000
Total Equity	1 807 000	1 711 000	1 385 000	1 055 000

Income (NOK)	2022	2021	2020	2019
Revenue	627 000	600 000	578 000	570 000
Expenditure	420 000	193 000	151 000	266 000
Operating Profit	172 000	371 000	387 000	271 000
Financial Income	0	0	0	0
Financial Costs	77 000	45 000	57 000	88 000
Financial Balance	−77 000	−45 000	−57 000	−88 000
Earnings Before Tax	131 000	362 000	369 000	217 000
Tax	0	0	0	0
Net Income	95 000	326 000	330 000	184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 762 000	7 762 000	7 639 000	7 639 000
Total Current Assets	111 000	59 000	120 000	37 000
Total Assets	7 873 000	7 821 000	7 759 000	7 676 000
Total Retained Equity	1 777 000	1 681 000	1 355 000	1 025 000
Total Equity	1 807 000	1 711 000	1 385 000	1 055 000
Total Long-Term Debt	6 039 000	6 082 000	6 349 000	6 600 000
Total Current Debt	27 000	28 000	25 000	21 000
Total Equity and Debt	7 873 000	7 821 000	7 759 000	7 676 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	627 000	600 000	578 000	570 000
Other Income	0	0	0	0
Revenue	627 000	600 000	578 000	570 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 000	29 000	27 000	44 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	420 000	193 000	151 000	266 000
Operating Profit	172 000	371 000	387 000	271 000
Financial Income	0	0	0	0
Financial Costs	77 000	45 000	57 000	88 000
Financial Balance	−77 000	−45 000	−57 000	−88 000
Dividends	0	0	0	0
Net Income	95 000	326 000	330 000	184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 762 000	7 762 000	7 639 000	7 639 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 762 000	7 762 000	7 639 000	7 639 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 762 000	7 762 000	7 639 000	7 639 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	111 000	59 000	120 000	37 000
Total Current Assets	111 000	59 000	120 000	37 000
Total Assets	7 873 000	7 821 000	7 759 000	7 676 000
Total Equity	1 807 000	1 711 000	1 385 000	1 055 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 039 000	6 082 000	6 349 000	6 600 000
Creditors	26 000	21 000	25 000	18 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	7 000	1 000	3 000
Total Current Debt	27 000	28 000	25 000	21 000
Total Equity and Debt	7 873 000	7 821 000	7 759 000	7 676 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,26 %	19,05 %	23,83 %	17,44 %
Debt-to-Equity Ratio	3,34	3,55	4,58	6,26
Operating Profit Margin	27,43 %	61,83 %	66,96 %	47,54 %
Current Ratio	4,11	2,11	4,8	1,76
Quick Ratio	4,11	2,11	4,8	1,76
Equity Ratio	0,23	0,22	0,18	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %