VERKTØY-TEKNIKK AS

4621 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−39,46 %

Current Ratio

1,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 625 000	7 483 000	7 238 000	8 191 000
Net Income	−236 000	52 000	−44 000	167 000
Total Assets	1 499 000	1 852 000	1 832 000	2 259 000
Total Equity	598 000	834 000	782 000	826 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 625 000	7 483 000	7 238 000	8 191 000
Expenditure	7 918 000	7 416 000	7 295 000	7 966 000
Operating Profit	−294 000	68 000	−57 000	225 000
Financial Income	2 000	1 000	3 000	2 000
Financial Costs	11 000	2 000	1 000	11 000
Financial Balance	−9 000	−1 000	2 000	−9 000
Earnings Before Tax	−302 000	67 000	−56 000	215 000
Tax	−67 000	15 000	−12 000	49 000
Net Income	−236 000	52 000	−44 000	167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 000	23 000	38 000	24 000
Total Current Assets	1 418 000	1 829 000	1 794 000	2 235 000
Total Assets	1 499 000	1 852 000	1 832 000	2 259 000
Total Retained Equity	498 000	734 000	682 000	726 000
Total Equity	598 000	834 000	782 000	826 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	901 000	1 018 000	1 050 000	1 433 000
Total Equity and Debt	1 499 000	1 852 000	1 832 000	2 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 625 000	7 483 000	7 186 000	8 029 000
Other Income	0	0	52 000	162 000
Revenue	7 625 000	7 483 000	7 238 000	8 191 000
Cost of Goods Sold	3 630 000	3 262 000	3 445 000	3 894 000
Salary Costs	2 576 000	2 392 000	2 084 000	2 269 000
Depreciation	9 000	15 000	14 000	96 000
Impairment	0	0	0	0
Expenditure	7 918 000	7 416 000	7 295 000	7 966 000
Operating Profit	−294 000	68 000	−57 000	225 000
Financial Income	2 000	1 000	3 000	2 000
Financial Costs	11 000	2 000	1 000	11 000
Financial Balance	−9 000	−1 000	2 000	−9 000
Dividends	0	0	0	0
Net Income	−236 000	52 000	−44 000	167 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	77 000	11 000	11 000	12 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 000	13 000	27 000	13 000
Total Tangible Assets	3 000	13 000	27 000	13 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	81 000	23 000	38 000	24 000
Stock	901 000	1 095 000	1 072 000	758 000
Total Investments	0	0	0	0
Cash, Bank	162 000	250 000	159 000	148 000
Total Current Assets	1 418 000	1 829 000	1 794 000	2 235 000
Total Assets	1 499 000	1 852 000	1 832 000	2 259 000
Total Equity	598 000	834 000	782 000	826 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	384 000	444 000	599 000	952 000
Unpaid Taxes	243 000	327 000	263 000	237 000
Dividends	0	0	0	0
Other Current Debt	274 000	233 000	189 000	215 000
Total Current Debt	901 000	1 018 000	1 050 000	1 433 000
Total Equity and Debt	1 499 000	1 852 000	1 832 000	2 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,46 %	6,24 %	−5,63 %	20,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,86 %	0,91 %	−0,79 %	2,75 %
Current Ratio	1,57	1,8	1,71	1,56
Quick Ratio	-	−23,75	−81,55	3,31
Equity Ratio	0,4	0,45	0,43	0,37
Gross Profit Margin	52,39 %	56,41 %	52,4 %	52,46 %