VERKSTEDGRUPPEN AS

5396 VESTRE VINNESVÅG

Finances

Share Ownership

Return on Equity

−72,92 %

Current Ratio

1,66

Debt-to-Equity Ratio

2,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 027 000	6 751 000	5 655 000	7 289 000
Net Income	−808 000	1 731 000	−217 000	−459 000
Total Assets	4 956 000	4 906 000	1 889 000	2 944 000
Total Equity	1 108 000	1 916 000	185 000	402 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 027 000	6 751 000	5 655 000	7 289 000
Expenditure	4 920 000	4 665 000	5 924 000	7 763 000
Operating Profit	−893 000	2 085 000	−269 000	−475 000
Financial Income	3 000	7 000	24 000	28 000
Financial Costs	147 000	22 000	7 000	18 000
Financial Balance	−144 000	−15 000	17 000	10 000
Earnings Before Tax	−1 036 000	2 070 000	−252 000	−465 000
Tax	−228 000	339 000	−35 000	−6 000
Net Income	−808 000	1 731 000	−217 000	−459 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 657 000	2 395 000	1 335 000	2 081 000
Total Current Assets	1 299 000	2 511 000	554 000	863 000
Total Assets	4 956 000	4 906 000	1 889 000	2 944 000
Total Retained Equity	909 000	1 717 000	−14 000	203 000
Total Equity	1 108 000	1 916 000	185 000	402 000
Total Long-Term Debt	3 064 000	2 451 000	909 000	1 197 000
Total Current Debt	784 000	539 000	795 000	1 345 000
Total Equity and Debt	4 956 000	4 906 000	1 889 000	2 944 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 961 000	4 920 000	5 546 000	7 289 000
Other Income	66 000	1 831 000	109 000	0
Revenue	4 027 000	6 751 000	5 655 000	7 289 000
Cost of Goods Sold	310 000	288 000	243 000	297 000
Salary Costs	2 742 000	2 586 000	3 860 000	5 413 000
Depreciation	550 000	276 000	256 000	249 000
Impairment	0	0	0	0
Expenditure	4 920 000	4 665 000	5 924 000	7 763 000
Operating Profit	−893 000	2 085 000	−269 000	−475 000
Financial Income	3 000	7 000	24 000	28 000
Financial Costs	147 000	22 000	7 000	18 000
Financial Balance	−144 000	−15 000	17 000	10 000
Dividends	0	0	0	0
Net Income	−808 000	1 731 000	−217 000	−459 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 660 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 797 000	2 030 000	57 000	86 000
Total Tangible Assets	3 457 000	2 030 000	795 000	1 031 000
Total Fiancial Fixed Assets	200 000	365 000	540 000	1 050 000
Total Fixed Assets	3 657 000	2 395 000	1 335 000	2 081 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	608 000	2 395 000	276 000	464 000
Total Current Assets	1 299 000	2 511 000	554 000	863 000
Total Assets	4 956 000	4 906 000	1 889 000	2 944 000
Total Equity	1 108 000	1 916 000	185 000	402 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 064 000	2 451 000	909 000	1 197 000
Creditors	128 000	100 000	218 000	339 000
Unpaid Taxes	392 000	217 000	139 000	437 000
Dividends	0	0	0	0
Other Current Debt	264 000	222 000	437 000	568 000
Total Current Debt	784 000	539 000	795 000	1 345 000
Total Equity and Debt	4 956 000	4 906 000	1 889 000	2 944 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−72,92 %	90,34 %	−117,3 %	−114,18 %
Debt-to-Equity Ratio	2,77	1,28	4,91	2,98
Operating Profit Margin	−22,18 %	30,88 %	−4,76 %	−6,52 %
Current Ratio	1,66	4,66	0,7	0,64
Quick Ratio	1,66	4,66	0,7	0,64
Equity Ratio	0,22	0,39	0,1	0,14
Gross Profit Margin	92,3 %	95,73 %	95,7 %	95,93 %