VIRKE AS

3570 ÅL

Finances

Share Ownership

Return on Equity

9,31 %

Current Ratio

2,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	663 000	417 000	1 507 000	601 000
Net Income	50 000	−175 000	219 000	117 000
Total Assets	601 000	528 000	1 049 000	629 000
Total Equity	537 000	487 000	662 000	443 000

Income (NOK)	2022	2021	2020	2019
Revenue	663 000	417 000	1 507 000	601 000
Expenditure	612 000	591 000	1 224 000	460 000
Operating Profit	51 000	−175 000	283 000	142 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	1 000	1 000
Financial Balance	−2 000	0	−1 000	−1 000
Earnings Before Tax	50 000	−175 000	282 000	142 000
Tax	0	0	63 000	25 000
Net Income	50 000	−175 000	219 000	117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	443 000	381 000	421 000	429 000
Total Current Assets	158 000	147 000	627 000	200 000
Total Assets	601 000	528 000	1 049 000	629 000
Total Retained Equity	−226 000	−276 000	−101 000	−320 000
Total Equity	537 000	487 000	662 000	443 000
Total Long-Term Debt	0	−2 000	14 000	60 000
Total Current Debt	65 000	43 000	373 000	126 000
Total Equity and Debt	601 000	528 000	1 049 000	629 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	597 000	343 000	1 507 000	601 000
Other Income	66 000	73 000	0	0
Revenue	663 000	417 000	1 507 000	601 000
Cost of Goods Sold	356 000	217 000	782 000	235 000
Salary Costs	0	37 000	87 000	0
Depreciation	45 000	77 000	75 000	80 000
Impairment	0	0	0	0
Expenditure	612 000	591 000	1 224 000	460 000
Operating Profit	51 000	−175 000	283 000	142 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	1 000	1 000
Financial Balance	−2 000	0	−1 000	−1 000
Dividends	0	0	0	0
Net Income	50 000	−175 000	219 000	117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	364 000	376 000	411 000	414 000
Machinery and Plant Facilities	79 000	0	0	0
Fixtures	0	5 000	10 000	15 000
Total Tangible Assets	443 000	381 000	421 000	429 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	443 000	381 000	421 000	429 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	105 000	89 000	540 000	189 000
Total Current Assets	158 000	147 000	627 000	200 000
Total Assets	601 000	528 000	1 049 000	629 000
Total Equity	537 000	487 000	662 000	443 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	−2 000	14 000	60 000
Creditors	39 000	24 000	143 000	38 000
Unpaid Taxes	24 000	15 000	159 000	63 000
Dividends	0	0	0	0
Other Current Debt	2 000	4 000	8 000	0
Total Current Debt	65 000	43 000	373 000	126 000
Total Equity and Debt	601 000	528 000	1 049 000	629 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,31 %	−35,93 %	33,08 %	26,41 %
Debt-to-Equity Ratio	0	−0	0,02	0,14
Operating Profit Margin	7,69 %	−41,97 %	18,78 %	23,63 %
Current Ratio	2,43	3,42	1,68	1,59
Quick Ratio	2,43	3,42	1,68	1,59
Equity Ratio	0,89	0,92	0,63	0,7
Gross Profit Margin	46,3 %	47,96 %	48,11 %	60,9 %