CS VARME OG ENERGI TEKNIKK AS

1350 LOMMEDALEN

Finances

Share Ownership

Return on Equity

163,3 %

Current Ratio

2,05

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 923 000	4 034 000	4 352 000	4 772 000
Net Income	307 000	−673 000	86 000	−46 000
Total Assets	571 000	926 000	1 128 000	1 040 000
Total Equity	188 000	−119 000	554 000	468 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 923 000	4 034 000	4 352 000	4 772 000
Expenditure	2 611 000	4 632 000	4 228 000	4 757 000
Operating Profit	312 000	−597 000	124 000	9 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	6 000	10 000	10 000	70 000
Financial Balance	−5 000	−9 000	−9 000	−69 000
Earnings Before Tax	307 000	−606 000	115 000	−59 000
Tax	0	67 000	29 000	−13 000
Net Income	307 000	−673 000	86 000	−46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	5 000	77 000	110 000
Total Current Assets	567 000	921 000	1 052 000	931 000
Total Assets	571 000	926 000	1 128 000	1 040 000
Total Retained Equity	76 000	−231 000	442 000	356 000
Total Equity	188 000	−119 000	554 000	468 000
Total Long-Term Debt	107 000	0	0	0
Total Current Debt	276 000	1 045 000	574 000	572 000
Total Equity and Debt	571 000	926 000	1 128 000	1 040 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 923 000	4 034 000	4 352 000	4 632 000
Other Income	0	0	0	140 000
Revenue	2 923 000	4 034 000	4 352 000	4 772 000
Cost of Goods Sold	1 308 000	2 443 000	2 252 000	2 668 000
Salary Costs	837 000	1 519 000	1 398 000	1 380 000
Depreciation	1 000	5 000	4 000	5 000
Impairment	0	0	0	0
Expenditure	2 611 000	4 632 000	4 228 000	4 757 000
Operating Profit	312 000	−597 000	124 000	9 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	6 000	10 000	10 000	70 000
Financial Balance	−5 000	−9 000	−9 000	−69 000
Dividends	0	0	0	0
Net Income	307 000	−673 000	86 000	−46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	67 000	96 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	5 000	10 000	14 000
Total Tangible Assets	4 000	5 000	10 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 000	5 000	77 000	110 000
Stock	46 000	0	117 000	117 000
Total Investments	0	0	0	0
Cash, Bank	250 000	344 000	297 000	452 000
Total Current Assets	567 000	921 000	1 052 000	931 000
Total Assets	571 000	926 000	1 128 000	1 040 000
Total Equity	188 000	−119 000	554 000	468 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	107 000	0	0	0
Creditors	95 000	574 000	279 000	192 000
Unpaid Taxes	106 000	155 000	105 000	168 000
Dividends	0	0	0	0
Other Current Debt	75 000	316 000	190 000	212 000
Total Current Debt	276 000	1 045 000	574 000	572 000
Total Equity and Debt	571 000	926 000	1 128 000	1 040 000

Financial indicators	2022	2021	2020	2019
Return on Equity	163,3 %	565,55 %	15,52 %	−9,83 %
Debt-to-Equity Ratio	0,57	−0	0	0
Operating Profit Margin	10,67 %	−14,8 %	2,85 %	0,19 %
Current Ratio	2,05	0,88	1,83	1,63
Quick Ratio	2,47	0,88	2,3	2,05
Equity Ratio	0,33	−0,13	0,49	0,45
Gross Profit Margin	55,25 %	39,44 %	48,25 %	44,09 %