VRG MASKIN AS

5550 SVEIO

Finances

Share Ownership

Return on Equity

−24,24 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 334 000	908 000	1 073 000	454 000
Net Income	−119 000	−264 000	−452 000	115 000
Total Assets	1 326 000	1 215 000	1 079 000	1 405 000
Total Equity	491 000	−390 000	−127 000	325 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 334 000	908 000	1 073 000	454 000
Expenditure	1 451 000	1 168 000	1 336 000	306 000
Operating Profit	−115 000	−260 000	−262 000	148 000
Financial Income	0	0	0	0
Financial Costs	3 000	4 000	1 000	1 000
Financial Balance	−3 000	−4 000	−1 000	−1 000
Earnings Before Tax	−119 000	−264 000	−264 000	148 000
Tax	0	0	188 000	33 000
Net Income	−119 000	−264 000	−452 000	115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	480 000	573 000	625 000	1 012 000
Total Current Assets	845 000	643 000	453 000	393 000
Total Assets	1 326 000	1 215 000	1 079 000	1 405 000
Total Retained Equity	−616 000	−497 000	−233 000	219 000
Total Equity	491 000	−390 000	−127 000	325 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	835 000	1 605 000	1 205 000	1 080 000
Total Equity and Debt	1 326 000	1 215 000	1 079 000	1 405 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 334 000	908 000	1 073 000	454 000
Other Income	0	0	0	0
Revenue	1 334 000	908 000	1 073 000	454 000
Cost of Goods Sold	192 000	20 000	66 000	2 000
Salary Costs	4 000	50 000	92 000	44 000
Depreciation	103 000	96 000	77 000	38 000
Impairment	0	0	0	0
Expenditure	1 451 000	1 168 000	1 336 000	306 000
Operating Profit	−115 000	−260 000	−262 000	148 000
Financial Income	0	0	0	0
Financial Costs	3 000	4 000	1 000	1 000
Financial Balance	−3 000	−4 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−119 000	−264 000	−452 000	115 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	188 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	397 000	464 000	490 000	0
Fixtures	83 000	109 000	135 000	557 000
Total Tangible Assets	480 000	573 000	625 000	557 000
Total Fiancial Fixed Assets	0	0	0	266 000
Total Fixed Assets	480 000	573 000	625 000	1 012 000
Stock	258 000	258 000	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	8 000	0	161 000
Total Current Assets	845 000	643 000	453 000	393 000
Total Assets	1 326 000	1 215 000	1 079 000	1 405 000
Total Equity	491 000	−390 000	−127 000	325 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	211 000	142 000	144 000	123 000
Unpaid Taxes	12 000	20 000	11 000	−47 000
Dividends	0	0	0	0
Other Current Debt	612 000	1 443 000	1 050 000	1 003 000
Total Current Debt	835 000	1 605 000	1 205 000	1 080 000
Total Equity and Debt	1 326 000	1 215 000	1 079 000	1 405 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,24 %	67,69 %	355,91 %	35,38 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	−8,62 %	−28,63 %	−24,42 %	32,6 %
Current Ratio	1,01	0,4	0,38	0,36
Quick Ratio	1,46	0,48	0,38	0,36
Equity Ratio	0,37	−0,32	−0,12	0,23
Gross Profit Margin	85,61 %	97,8 %	93,85 %	99,56 %