VERKSTEDUTSTYR AS

2345 ÅDALSBRUK

Finances

Share Ownership

Return on Equity

13,6 %

Current Ratio

5,77

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 451 000	4 496 000	3 386 000	3 498 000
Net Income	440 000	758 000	148 000	149 000
Total Assets	4 690 000	4 534 000	3 602 000	2 770 000
Total Equity	3 236 000	2 796 000	2 058 000	1 910 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 451 000	4 496 000	3 386 000	3 498 000
Expenditure	3 784 000	3 435 000	3 043 000	3 292 000
Operating Profit	667 000	1 061 000	343 000	207 000
Financial Income	2 000	2 000	3 000	2 000
Financial Costs	105 000	92 000	96 000	81 000
Financial Balance	−103 000	−90 000	−93 000	−79 000
Earnings Before Tax	564 000	972 000	250 000	128 000
Tax	124 000	214 000	102 000	−22 000
Net Income	440 000	758 000	148 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 000	80 000	113 000	13 000
Total Current Assets	4 644 000	4 454 000	3 489 000	2 757 000
Total Assets	4 690 000	4 534 000	3 602 000	2 770 000
Total Retained Equity	3 136 000	2 696 000	1 958 000	1 810 000
Total Equity	3 236 000	2 796 000	2 058 000	1 910 000
Total Long-Term Debt	649 000	788 000	924 000	559 000
Total Current Debt	805 000	950 000	620 000	301 000
Total Equity and Debt	4 690 000	4 534 000	3 602 000	2 770 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 451 000	4 496 000	3 386 000	3 498 000
Other Income	0	0	0	0
Revenue	4 451 000	4 496 000	3 386 000	3 498 000
Cost of Goods Sold	2 341 000	1 974 000	1 703 000	1 735 000
Salary Costs	773 000	763 000	834 000	891 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 784 000	3 435 000	3 043 000	3 292 000
Operating Profit	667 000	1 061 000	343 000	207 000
Financial Income	2 000	2 000	3 000	2 000
Financial Costs	105 000	92 000	96 000	81 000
Financial Balance	−103 000	−90 000	−93 000	−79 000
Dividends	0	0	0	0
Net Income	440 000	758 000	148 000	149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	13 000	13 000	13 000
Total Tangible Assets	13 000	13 000	13 000	13 000
Total Fiancial Fixed Assets	33 000	67 000	100 000	0
Total Fixed Assets	46 000	80 000	113 000	13 000
Stock	5 193 000	4 635 000	4 070 000	3 435 000
Total Investments	0	0	0	0
Cash, Bank	−864 000	−934 000	−775 000	−954 000
Total Current Assets	4 644 000	4 454 000	3 489 000	2 757 000
Total Assets	4 690 000	4 534 000	3 602 000	2 770 000
Total Equity	3 236 000	2 796 000	2 058 000	1 910 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	649 000	788 000	924 000	559 000
Creditors	355 000	187 000	141 000	−141 000
Unpaid Taxes	56 000	249 000	143 000	139 000
Dividends	0	0	0	0
Other Current Debt	267 000	269 000	278 000	324 000
Total Current Debt	805 000	950 000	620 000	301 000
Total Equity and Debt	4 690 000	4 534 000	3 602 000	2 770 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,6 %	27,11 %	7,19 %	7,8 %
Debt-to-Equity Ratio	0,2	0,28	0,45	0,29
Operating Profit Margin	14,99 %	23,6 %	10,13 %	5,92 %
Current Ratio	5,77	4,69	5,63	9,16
Quick Ratio	−1,06	−1,21	−1,01	−0,88
Equity Ratio	0,69	0,62	0,57	0,69
Gross Profit Margin	47,41 %	56,09 %	49,7 %	50,4 %