BILLES VARMEPUMPER AS

4700 VENNESLA

Finances

Return on Equity

40,11 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 538 000	2 646 000	2 025 000	2 249 000
Net Income	227 000	60 000	108 000	80 000
Total Assets	1 325 000	804 000	638 000	518 000
Total Equity	566 000	339 000	280 000	171 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 538 000	2 646 000	2 025 000	2 249 000
Expenditure	3 247 000	2 569 000	1 887 000	2 147 000
Operating Profit	291 000	77 000	138 000	102 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	291 000	77 000	138 000	102 000
Tax	65 000	18 000	30 000	22 000
Net Income	227 000	60 000	108 000	80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 325 000	804 000	638 000	518 000
Total Assets	1 325 000	804 000	638 000	518 000
Total Retained Equity	536 000	309 000	250 000	149 000
Total Equity	566 000	339 000	280 000	171 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	769 000	465 000	358 000	345 000
Total Equity and Debt	1 336 000	804 000	638 000	518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 538 000	2 645 000	2 025 000	2 242 000
Other Income	0	1 000	0	6 000
Revenue	3 538 000	2 646 000	2 025 000	2 249 000
Cost of Goods Sold	2 174 000	1 605 000	1 263 000	1 301 000
Salary Costs	844 000	664 000	351 000	652 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 247 000	2 569 000	1 887 000	2 147 000
Operating Profit	291 000	77 000	138 000	102 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	227 000	60 000	108 000	80 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	15 000
Total Investments	0	0	0	0
Cash, Bank	653 000	563 000	464 000	333 000
Total Current Assets	1 325 000	804 000	638 000	518 000
Total Assets	1 325 000	804 000	638 000	518 000
Total Equity	566 000	339 000	280 000	171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	246 000	276 000	159 000	107 000
Unpaid Taxes	370 000	129 000	109 000	156 000
Dividends	0	0	0	0
Other Current Debt	71 000	54 000	60 000	60 000
Total Current Debt	769 000	465 000	358 000	345 000
Total Equity and Debt	1 336 000	804 000	638 000	518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,11 %	17,7 %	38,57 %	46,78 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	8,22 %	2,91 %	6,81 %	4,54 %
Current Ratio	1,72	1,73	1,78	1,5
Quick Ratio	1,72	1,73	1,78	1,57
Equity Ratio	0,43	0,42	0,44	0,33
Gross Profit Margin	38,55 %	39,34 %	37,63 %	42,15 %