VERKSTEDVEIEN 5 AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

30,75 %

Current Ratio

0,33

Debt-to-Equity Ratio

2,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 020 000	2 997 000	2 868 000	2 806 000
Net Income	889 000	965 000	858 000	821 000
Total Assets	12 428 000	11 102 000	11 232 000	12 589 000
Total Equity	2 891 000	2 884 000	2 871 000	2 843 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 020 000	2 997 000	2 868 000	2 806 000
Expenditure	1 593 000	1 521 000	1 532 000	1 436 000
Operating Profit	1 427 000	1 477 000	1 336 000	1 370 000
Financial Income	3 000	0	5 000	3 000
Financial Costs	290 000	239 000	240 000	320 000
Financial Balance	−287 000	−239 000	−235 000	−317 000
Earnings Before Tax	1 140 000	1 237 000	1 100 000	1 053 000
Tax	251 000	272 000	242 000	232 000
Net Income	889 000	965 000	858 000	821 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 988 000	10 772 000	10 902 000	10 891 000
Total Current Assets	440 000	330 000	330 000	1 698 000
Total Assets	12 428 000	11 102 000	11 232 000	12 589 000
Total Retained Equity	2 208 000	2 200 000	2 187 000	2 159 000
Total Equity	2 891 000	2 884 000	2 871 000	2 843 000
Total Long-Term Debt	8 207 000	6 884 000	7 161 000	8 622 000
Total Current Debt	1 330 000	1 334 000	1 200 000	1 124 000
Total Equity and Debt	12 428 000	11 102 000	11 232 000	12 589 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 020 000	2 997 000	2 868 000	2 806 000
Revenue	3 020 000	2 997 000	2 868 000	2 806 000
Cost of Goods Sold	0	41 000	0	0
Salary Costs	0	0	0	0
Depreciation	404 000	392 000	409 000	344 000
Impairment	0	0	0	0
Expenditure	1 593 000	1 521 000	1 532 000	1 436 000
Operating Profit	1 427 000	1 477 000	1 336 000	1 370 000
Financial Income	3 000	0	5 000	3 000
Financial Costs	290 000	239 000	240 000	320 000
Financial Balance	−287 000	−239 000	−235 000	−317 000
Dividends	0	0	0	0
Net Income	889 000	965 000	858 000	821 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 967 000	10 721 000	10 821 000	10 780 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	21 000	51 000	81 000	111 000
Total Tangible Assets	11 988 000	10 772 000	10 902 000	10 891 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 988 000	10 772 000	10 902 000	10 891 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	1 000
Total Current Assets	440 000	330 000	330 000	1 698 000
Total Assets	12 428 000	11 102 000	11 232 000	12 589 000
Total Equity	2 891 000	2 884 000	2 871 000	2 843 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 207 000	6 884 000	7 161 000	8 622 000
Creditors	102 000	4 000	30 000	0
Unpaid Taxes	99 000	109 000	106 000	113 000
Dividends	0	0	0	0
Other Current Debt	1 130 000	1 221 000	1 064 000	1 012 000
Total Current Debt	1 330 000	1 334 000	1 200 000	1 124 000
Total Equity and Debt	12 428 000	11 102 000	11 232 000	12 589 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,75 %	33,46 %	29,89 %	28,88 %
Debt-to-Equity Ratio	2,84	2,39	2,49	3,03
Operating Profit Margin	47,25 %	49,28 %	46,58 %	48,82 %
Current Ratio	0,33	0,25	0,28	1,51
Quick Ratio	0,33	0,25	0,28	1,51
Equity Ratio	0,23	0,26	0,26	0,23
Gross Profit Margin	100 %	98,63 %	100 %	100 %