VARMEPUMPE & SERVICE AS

2740 ROA

Finances

Return on Equity

62,68 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 346 000	12 411 000	19 929 000	16 267 000
Net Income	749 000	245 000	223 000	6 000
Total Assets	3 411 000	2 893 000	3 728 000	4 204 000
Total Equity	1 195 000	646 000	402 000	779 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 346 000	12 411 000	19 929 000	16 267 000
Expenditure	16 498 000	12 066 000	19 576 000	16 165 000
Operating Profit	847 000	345 000	354 000	101 000
Financial Income	3 000	16 000	2 000	1 000
Financial Costs	18 000	22 000	28 000	35 000
Financial Balance	−15 000	−6 000	−26 000	−34 000
Earnings Before Tax	833 000	338 000	327 000	67 000
Tax	84 000	93 000	105 000	61 000
Net Income	749 000	245 000	223 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	898 000	377 000	646 000	815 000
Total Current Assets	2 513 000	2 517 000	3 082 000	3 389 000
Total Assets	3 411 000	2 893 000	3 728 000	4 204 000
Total Retained Equity	1 044 000	495 000	251 000	628 000
Total Equity	1 195 000	646 000	402 000	779 000
Total Long-Term Debt	670 000	460 000	613 000	722 000
Total Current Debt	1 546 000	1 787 000	2 713 000	2 703 000
Total Equity and Debt	3 411 000	2 893 000	3 728 000	4 204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 774 000	12 326 000	19 920 000	16 265 000
Other Income	573 000	86 000	9 000	2 000
Revenue	17 346 000	12 411 000	19 929 000	16 267 000
Cost of Goods Sold	10 864 000	6 882 000	6 317 000	4 768 000
Salary Costs	3 450 000	2 977 000	10 696 000	8 315 000
Depreciation	74 000	253 000	344 000	402 000
Impairment	0	0	0	0
Expenditure	16 498 000	12 066 000	19 576 000	16 165 000
Operating Profit	847 000	345 000	354 000	101 000
Financial Income	3 000	16 000	2 000	1 000
Financial Costs	18 000	22 000	28 000	35 000
Financial Balance	−15 000	−6 000	−26 000	−34 000
Dividends	0	0	600 000	250 000
Net Income	749 000	245 000	223 000	6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	1 000	4 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	698 000	174 000	426 000	574 000
Total Tangible Assets	698 000	174 000	427 000	579 000
Total Fiancial Fixed Assets	200 000	203 000	219 000	236 000
Total Fixed Assets	898 000	377 000	646 000	815 000
Stock	953 000	709 000	571 000	559 000
Total Investments	0	0	0	0
Cash, Bank	969 000	961 000	822 000	1 127 000
Total Current Assets	2 513 000	2 517 000	3 082 000	3 389 000
Total Assets	3 411 000	2 893 000	3 728 000	4 204 000
Total Equity	1 195 000	646 000	402 000	779 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	670 000	460 000	613 000	722 000
Creditors	485 000	817 000	192 000	703 000
Unpaid Taxes	559 000	567 000	1 448 000	1 165 000
Dividends	0	0	600 000	250 000
Other Current Debt	460 000	309 000	968 000	773 000
Total Current Debt	1 546 000	1 787 000	2 713 000	2 703 000
Total Equity and Debt	3 411 000	2 893 000	3 728 000	4 204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,68 %	37,93 %	55,47 %	0,77 %
Debt-to-Equity Ratio	0,56	0,71	1,52	0,93
Operating Profit Margin	4,88 %	2,78 %	1,78 %	0,62 %
Current Ratio	1,63	1,41	1,14	1,25
Quick Ratio	4,24	2,33	1,44	1,58
Equity Ratio	0,35	0,22	0,11	0,19
Gross Profit Margin	37,37 %	44,55 %	68,3 %	70,69 %