VARMEPUMPENE AS

4330 ÅLGÅRD

Finances

Share Ownership

Return on Equity

56,2 %

Current Ratio

5,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 259 000	639 000	480 000
Net Income	145 000	37 000	53 000
Total Assets	321 000	183 000	130 000
Total Equity	258 000	112 000	75 000

Income (NOK)	2022	2021	2020
Revenue	1 259 000	639 000	480 000
Expenditure	1 073 000	591 000	413 000
Operating Profit	186 000	47 000	66 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	186 000	47 000	66 000
Tax	41 000	10 000	13 000
Net Income	145 000	37 000	53 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	321 000	183 000	130 000
Total Assets	321 000	183 000	130 000
Total Retained Equity	228 000	82 000	45 000
Total Equity	258 000	112 000	75 000
Total Long-Term Debt	0	0	0
Total Current Debt	63 000	70 000	55 000
Total Equity and Debt	321 000	183 000	130 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 259 000	639 000	480 000
Other Income	0	0	0
Revenue	1 259 000	639 000	480 000
Cost of Goods Sold	894 000	395 000	280 000
Salary Costs	49 000	121 000	51 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 073 000	591 000	413 000
Operating Profit	186 000	47 000	66 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	145 000	37 000	53 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	11 000	0	0
Total Investments	0	0	0
Cash, Bank	287 000	171 000	130 000
Total Current Assets	321 000	183 000	130 000
Total Assets	321 000	183 000	130 000
Total Equity	258 000	112 000	75 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	5 000	18 000	4 000
Unpaid Taxes	12 000	9 000	12 000
Dividends	0	0	0
Other Current Debt	5 000	33 000	25 000
Total Current Debt	63 000	70 000	55 000
Total Equity and Debt	321 000	183 000	130 000

Financial indicators	2022	2021	2020
Return on Equity	56,2 %	33,04 %	70,67 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	14,77 %	7,36 %	13,75 %
Current Ratio	5,1	2,61	2,36
Quick Ratio	6,17	2,61	2,36
Equity Ratio	0,8	0,61	0,58
Gross Profit Margin	28,99 %	38,18 %	41,67 %