VARMEPUMPETEKNISK AS

1747 SKJEBERG

Finances

Share Ownership

Return on Equity

12,38 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 545 000	4 217 000	1 337 000	4 000
Net Income	65 000	406 000	42 000	−18 000
Total Assets	1 104 000	1 130 000	323 000	91 000
Total Equity	525 000	459 000	53 000	12 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 545 000	4 217 000	1 337 000	4 000
Expenditure	4 456 000	3 696 000	1 283 000	28 000
Operating Profit	87 000	521 000	54 000	−24 000
Financial Income	0	0	0	0
Financial Costs	7 000	0	1 000	0
Financial Balance	−7 000	0	−1 000	0
Earnings Before Tax	81 000	521 000	53 000	−24 000
Tax	16 000	115 000	12 000	−5 000
Net Income	65 000	406 000	42 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	150 000	28 000	0	5 000
Total Current Assets	954 000	1 102 000	323 000	86 000
Total Assets	1 104 000	1 130 000	323 000	91 000
Total Retained Equity	495 000	429 000	23 000	−18 000
Total Equity	525 000	459 000	53 000	12 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	579 000	670 000	270 000	79 000
Total Equity and Debt	1 104 000	1 130 000	323 000	91 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 469 000	4 197 000	1 337 000	4 000
Other Income	76 000	20 000	0	0
Revenue	4 545 000	4 217 000	1 337 000	4 000
Cost of Goods Sold	2 783 000	2 294 000	436 000	3 000
Salary Costs	909 000	820 000	394 000	0
Depreciation	6 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	4 456 000	3 696 000	1 283 000	28 000
Operating Profit	87 000	521 000	54 000	−24 000
Financial Income	0	0	0	0
Financial Costs	7 000	0	1 000	0
Financial Balance	−7 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	65 000	406 000	42 000	−18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	29 000	12 000	0	0
Total Tangible Assets	29 000	12 000	0	0
Total Fiancial Fixed Assets	121 000	15 000	0	0
Total Fixed Assets	150 000	28 000	0	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	513 000	779 000	226 000	34 000
Total Current Assets	954 000	1 102 000	323 000	86 000
Total Assets	1 104 000	1 130 000	323 000	91 000
Total Equity	525 000	459 000	53 000	12 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	196 000	313 000	67 000	12 000
Unpaid Taxes	238 000	124 000	102 000	0
Dividends	0	0	0	0
Other Current Debt	129 000	119 000	94 000	67 000
Total Current Debt	579 000	670 000	270 000	79 000
Total Equity and Debt	1 104 000	1 130 000	323 000	91 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,38 %	88,45 %	79,25 %	−150 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,91 %	12,35 %	4,04 %	−600 %
Current Ratio	1,65	1,64	1,2	1,09
Quick Ratio	1,65	1,64	1,2	1,09
Equity Ratio	0,48	0,41	0,16	0,13
Gross Profit Margin	38,77 %	45,6 %	67,39 %	25 %