VARMEPUMPEMANNEN AS

3616 KONGSBERG

Finances

Share Ownership

Return on Equity

110,23 %

Current Ratio

0,6

Debt-to-Equity Ratio

−0,43

Key figures (NOK)	2021	2020	2019	2018
Revenue	9 239 000	5 182 000	5 033 000	3 765 000
Net Income	−1 282 000	−485 000	43 000	136 000
Total Assets	1 882 000	788 000	885 000	1 081 000
Total Equity	−1 163 000	−281 000	204 000	161 000

Income (NOK)	2021	2020	2019	2018
Revenue	9 239 000	5 182 000	5 033 000	3 765 000
Expenditure	10 490 000	5 800 000	4 984 000	3 606 000
Operating Profit	−1 252 000	−618 000	47 000	159 000
Financial Income	0	142 000	11 000	0
Financial Costs	30 000	8 000	15 000	23 000
Financial Balance	−30 000	134 000	−4 000	−23 000
Earnings Before Tax	−1 282 000	−485 000	43 000	136 000
Tax	0	0	0	0
Net Income	−1 282 000	−485 000	43 000	136 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	363 000	112 000	337 000	378 000
Total Current Assets	1 519 000	676 000	548 000	703 000
Total Assets	1 882 000	788 000	885 000	1 081 000
Total Retained Equity	−1 663 000	−381 000	104 000	61 000
Total Equity	−1 163 000	−281 000	204 000	161 000
Total Long-Term Debt	504 000	230 000	228 000	256 000
Total Current Debt	2 541 000	839 000	453 000	665 000
Total Equity and Debt	1 882 000	788 000	885 000	1 081 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	9 237 000	5 170 000	5 033 000	3 765 000
Other Income	3 000	12 000	0	0
Revenue	9 239 000	5 182 000	5 033 000	3 765 000
Cost of Goods Sold	6 649 000	3 569 000	3 090 000	2 617 000
Salary Costs	1 957 000	1 081 000	799 000	255 000
Depreciation	68 000	141 000	26 000	26 000
Impairment	0	0	0	0
Expenditure	10 490 000	5 800 000	4 984 000	3 606 000
Operating Profit	−1 252 000	−618 000	47 000	159 000
Financial Income	0	142 000	11 000	0
Financial Costs	30 000	8 000	15 000	23 000
Financial Balance	−30 000	134 000	−4 000	−23 000
Dividends	0	0	0	0
Net Income	−1 282 000	−485 000	43 000	136 000

Balance details (NOK)	2021	2020	2019	2018
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	363 000	112 000	337 000	363 000
Total Tangible Assets	363 000	112 000	337 000	363 000
Total Fiancial Fixed Assets	0	0	0	15 000
Total Fixed Assets	363 000	112 000	337 000	378 000
Stock	679 000	196 000	149 000	171 000
Total Investments	0	0	0	0
Cash, Bank	299 000	105 000	236 000	161 000
Total Current Assets	1 519 000	676 000	548 000	703 000
Total Assets	1 882 000	788 000	885 000	1 081 000
Total Equity	−1 163 000	−281 000	204 000	161 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	504 000	230 000	228 000	256 000
Creditors	1 703 000	544 000	290 000	400 000
Unpaid Taxes	330 000	180 000	107 000	95 000
Dividends	0	0	0	0
Other Current Debt	509 000	115 000	56 000	170 000
Total Current Debt	2 541 000	839 000	453 000	665 000
Total Equity and Debt	1 882 000	788 000	885 000	1 081 000

Financial indicators	2021	2020	2019	2018
Return on Equity	110,23 %	172,6 %	21,08 %	84,47 %
Debt-to-Equity Ratio	−0,43	−0,82	1,12	1,59
Operating Profit Margin	−13,55 %	−11,93 %	0,93 %	4,22 %
Current Ratio	0,6	0,81	1,21	1,06
Quick Ratio	0,82	1,05	1,8	1,42
Equity Ratio	−0,62	−0,36	0,23	0,15
Gross Profit Margin	28,03 %	31,13 %	38,61 %	30,49 %