VESTFOLD VARME AS

3170 SEM

Finances

Share Ownership

Return on Equity

35,61 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 921 000	11 051 000	9 111 000	7 576 000
Net Income	630 000	897 000	366 000	−1 098 000
Total Assets	5 358 000	3 469 000	3 249 000	3 146 000
Total Equity	1 769 000	1 139 000	242 000	−124 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 921 000	11 051 000	9 111 000	7 576 000
Expenditure	13 105 000	10 080 000	8 718 000	8 660 000
Operating Profit	815 000	970 000	393 000	−1 084 000
Financial Income	3 000	2 000	1 000	0
Financial Costs	9 000	9 000	28 000	16 000
Financial Balance	−6 000	−7 000	−27 000	−16 000
Earnings Before Tax	809 000	963 000	366 000	−1 099 000
Tax	180 000	66 000	0	−1 000
Net Income	630 000	897 000	366 000	−1 098 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	78 000	128 000	180 000	141 000
Total Current Assets	5 280 000	3 341 000	3 069 000	3 005 000
Total Assets	5 358 000	3 469 000	3 249 000	3 146 000
Total Retained Equity	869 000	239 000	−658 000	−1 024 000
Total Equity	1 769 000	1 139 000	242 000	−124 000
Total Long-Term Debt	0	0	780 000	0
Total Current Debt	3 589 000	2 330 000	2 227 000	3 270 000
Total Equity and Debt	5 358 000	3 469 000	3 249 000	3 146 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 921 000	11 051 000	9 111 000	7 576 000
Other Income	0	0	0	0
Revenue	13 921 000	11 051 000	9 111 000	7 576 000
Cost of Goods Sold	9 640 000	6 977 000	4 350 000	4 448 000
Salary Costs	2 226 000	1 923 000	3 242 000	2 691 000
Depreciation	51 000	51 000	37 000	25 000
Impairment	0	0	0	0
Expenditure	13 105 000	10 080 000	8 718 000	8 660 000
Operating Profit	815 000	970 000	393 000	−1 084 000
Financial Income	3 000	2 000	1 000	0
Financial Costs	9 000	9 000	28 000	16 000
Financial Balance	−6 000	−7 000	−27 000	−16 000
Dividends	0	0	0	0
Net Income	630 000	897 000	366 000	−1 098 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 000	39 000	56 000	0
Machinery and Plant Facilities	0	0	0	57 000
Fixtures	57 000	90 000	123 000	84 000
Total Tangible Assets	78 000	128 000	180 000	141 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	78 000	128 000	180 000	141 000
Stock	2 453 000	2 025 000	1 866 000	1 760 000
Total Investments	0	0	0	0
Cash, Bank	1 460 000	41 000	33 000	57 000
Total Current Assets	5 280 000	3 341 000	3 069 000	3 005 000
Total Assets	5 358 000	3 469 000	3 249 000	3 146 000
Total Equity	1 769 000	1 139 000	242 000	−124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	780 000	0
Creditors	1 755 000	1 103 000	721 000	1 057 000
Unpaid Taxes	1 067 000	815 000	705 000	558 000
Dividends	0	0	0	0
Other Current Debt	587 000	319 000	500 000	1 382 000
Total Current Debt	3 589 000	2 330 000	2 227 000	3 270 000
Total Equity and Debt	5 358 000	3 469 000	3 249 000	3 146 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,61 %	78,75 %	151,24 %	885,48 %
Debt-to-Equity Ratio	0	0	3,22	−0
Operating Profit Margin	5,85 %	8,78 %	4,31 %	−14,31 %
Current Ratio	1,47	1,43	1,38	0,92
Quick Ratio	4,65	10,95	8,5	1,99
Equity Ratio	0,33	0,33	0,07	−0,04
Gross Profit Margin	30,75 %	36,87 %	52,26 %	41,29 %