VERKSTEDBAKKEN 13 AS

8517 NARVIK

Finances

Share Ownership

Return on Equity

31,75 %

Current Ratio

0,66

Debt-to-Equity Ratio

7,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 155 000	2 103 000	2 060 000	2 029 000
Net Income	500 000	699 000	600 000	556 000
Total Assets	13 581 000	13 458 000	13 773 000	14 158 000
Total Equity	1 575 000	1 621 000	1 657 000	1 679 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 155 000	2 103 000	2 060 000	2 029 000
Expenditure	1 135 000	838 000	913 000	892 000
Operating Profit	1 020 000	1 265 000	1 147 000	1 138 000
Financial Income	0	1 000	1 000	0
Financial Costs	379 000	370 000	379 000	425 000
Financial Balance	−379 000	−369 000	−378 000	−425 000
Earnings Before Tax	641 000	897 000	769 000	713 000
Tax	141 000	197 000	169 000	157 000
Net Income	500 000	699 000	600 000	556 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 071 000	13 377 000	13 752 000	14 127 000
Total Current Assets	509 000	82 000	21 000	32 000
Total Assets	13 581 000	13 458 000	13 773 000	14 158 000
Total Retained Equity	1 075 000	1 121 000	1 157 000	1 179 000
Total Equity	1 575 000	1 621 000	1 657 000	1 679 000
Total Long-Term Debt	11 231 000	10 822 000	11 271 000	11 700 000
Total Current Debt	774 000	1 015 000	845 000	779 000
Total Equity and Debt	13 581 000	13 458 000	13 773 000	14 158 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 155 000	2 103 000	2 060 000	2 029 000
Revenue	2 155 000	2 103 000	2 060 000	2 029 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	378 000	375 000	375 000	375 000
Impairment	0	0	0	0
Expenditure	1 135 000	838 000	913 000	892 000
Operating Profit	1 020 000	1 265 000	1 147 000	1 138 000
Financial Income	0	1 000	1 000	0
Financial Costs	379 000	370 000	379 000	425 000
Financial Balance	−379 000	−369 000	−378 000	−425 000
Dividends	0	0	0	0
Net Income	500 000	699 000	600 000	556 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 071 000	13 377 000	13 752 000	14 127 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 071 000	13 377 000	13 752 000	14 127 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 071 000	13 377 000	13 752 000	14 127 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	206 000	27 000	14 000	3 000
Total Current Assets	509 000	82 000	21 000	32 000
Total Assets	13 581 000	13 458 000	13 773 000	14 158 000
Total Equity	1 575 000	1 621 000	1 657 000	1 679 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 231 000	10 822 000	11 271 000	11 700 000
Creditors	58 000	42 000	13 000	39 000
Unpaid Taxes	17 000	24 000	35 000	20 000
Dividends	0	0	0	0
Other Current Debt	700 000	949 000	797 000	720 000
Total Current Debt	774 000	1 015 000	845 000	779 000
Total Equity and Debt	13 581 000	13 458 000	13 773 000	14 158 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,75 %	43,12 %	36,21 %	33,11 %
Debt-to-Equity Ratio	7,13	6,68	6,8	6,97
Operating Profit Margin	47,33 %	60,15 %	55,68 %	56,09 %
Current Ratio	0,66	0,08	0,02	0,04
Quick Ratio	0,66	0,08	0,02	0,04
Equity Ratio	0,12	0,12	0,12	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %