PROFF VARME AS

1404 SIGGERUD

Finances

Share Ownership

Return on Equity

19,45 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 152 000	1 875 000	1 662 000	1 646 000
Net Income	106 000	127 000	104 000	159 000
Total Assets	824 000	904 000	894 000	384 000
Total Equity	545 000	439 000	312 000	207 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 152 000	1 875 000	1 662 000	1 646 000
Expenditure	2 028 000	1 712 000	1 527 000	1 442 000
Operating Profit	123 000	163 000	135 000	204 000
Financial Income	13 000	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	13 000	0	−1 000	0
Earnings Before Tax	136 000	163 000	134 000	204 000
Tax	30 000	36 000	30 000	45 000
Net Income	106 000	127 000	104 000	159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	373 000	357 000	532 000	0
Total Current Assets	451 000	547 000	362 000	384 000
Total Assets	824 000	904 000	894 000	384 000
Total Retained Equity	515 000	409 000	282 000	177 000
Total Equity	545 000	439 000	312 000	207 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	279 000	465 000	582 000	176 000
Total Equity and Debt	824 000	904 000	894 000	384 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 152 000	1 875 000	1 662 000	1 646 000
Other Income	0	0	0	0
Revenue	2 152 000	1 875 000	1 662 000	1 646 000
Cost of Goods Sold	1 505 000	1 346 000	1 187 000	1 126 000
Salary Costs	0	0	0	1 000
Depreciation	10 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 028 000	1 712 000	1 527 000	1 442 000
Operating Profit	123 000	163 000	135 000	204 000
Financial Income	13 000	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	13 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	106 000	127 000	104 000	159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	2 000	4 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	40 000	0	0
Total Tangible Assets	30 000	40 000	0	0
Total Fiancial Fixed Assets	341 000	315 000	528 000	0
Total Fixed Assets	373 000	357 000	532 000	0
Stock	11 000	27 000	0	0
Total Investments	0	0	0	0
Cash, Bank	289 000	449 000	238 000	115 000
Total Current Assets	451 000	547 000	362 000	384 000
Total Assets	824 000	904 000	894 000	384 000
Total Equity	545 000	439 000	312 000	207 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	249 000	431 000	36 000	121 000
Unpaid Taxes	0	0	70 000	10 000
Dividends	0	0	0	0
Other Current Debt	0	0	443 000	0
Total Current Debt	279 000	465 000	582 000	176 000
Total Equity and Debt	824 000	904 000	894 000	384 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,45 %	28,93 %	33,33 %	76,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,72 %	8,69 %	8,12 %	12,39 %
Current Ratio	1,62	1,18	0,62	2,18
Quick Ratio	1,68	1,25	0,62	2,18
Equity Ratio	0,66	0,49	0,35	0,54
Gross Profit Margin	30,07 %	28,21 %	28,58 %	31,59 %