VARMESERVICE AS

4387 BJERKREIM

Finances

Share Ownership

Return on Equity

28,75 %

Current Ratio

1,01

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 358 000	2 223 000	2 086 000	2 669 000
Net Income	69 000	63 000	−59 000	−60 000
Total Assets	1 042 000	735 000	789 000	1 138 000
Total Equity	240 000	171 000	108 000	167 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 358 000	2 223 000	2 086 000	2 669 000
Expenditure	4 269 000	2 129 000	2 116 000	2 713 000
Operating Profit	88 000	94 000	−31 000	−43 000
Financial Income	0	0	0	0
Financial Costs	20 000	31 000	28 000	17 000
Financial Balance	−20 000	−31 000	−28 000	−17 000
Earnings Before Tax	69 000	63 000	−59 000	−60 000
Tax	0	0	0	0
Net Income	69 000	63 000	−59 000	−60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	332 000	386 000	440 000	496 000
Total Current Assets	710 000	349 000	349 000	642 000
Total Assets	1 042 000	735 000	789 000	1 138 000
Total Retained Equity	140 000	71 000	8 000	67 000
Total Equity	240 000	171 000	108 000	167 000
Total Long-Term Debt	103 000	181 000	257 000	329 000
Total Current Debt	700 000	383 000	424 000	642 000
Total Equity and Debt	1 042 000	735 000	789 000	1 138 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 358 000	2 228 000	2 069 000	2 669 000
Other Income	0	−5 000	17 000	0
Revenue	4 358 000	2 223 000	2 086 000	2 669 000
Cost of Goods Sold	2 869 000	1 297 000	1 154 000	1 550 000
Salary Costs	958 000	500 000	619 000	839 000
Depreciation	54 000	54 000	56 000	53 000
Impairment	0	0	0	0
Expenditure	4 269 000	2 129 000	2 116 000	2 713 000
Operating Profit	88 000	94 000	−31 000	−43 000
Financial Income	0	0	0	0
Financial Costs	20 000	31 000	28 000	17 000
Financial Balance	−20 000	−31 000	−28 000	−17 000
Dividends	0	0	0	0
Net Income	69 000	63 000	−59 000	−60 000

Balance details (NOK)	2022	2021	2020	2019
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	332 000	386 000	440 000	496 000
Total Tangible Assets	332 000	386 000	440 000	496 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	332 000	386 000	440 000	496 000
Stock	427 000	167 000	143 000	165 000
Total Investments	0	0	0	0
Cash, Bank	95 000	16 000	13 000	11 000
Total Current Assets	710 000	349 000	349 000	642 000
Total Assets	1 042 000	735 000	789 000	1 138 000
Total Equity	240 000	171 000	108 000	167 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	103 000	181 000	257 000	329 000
Creditors	315 000	127 000	97 000	319 000
Unpaid Taxes	268 000	73 000	75 000	121 000
Dividends	0	0	0	0
Other Current Debt	85 000	42 000	59 000	73 000
Total Current Debt	700 000	383 000	424 000	642 000
Total Equity and Debt	1 042 000	735 000	789 000	1 138 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,75 %	36,84 %	−54,63 %	−35,93 %
Debt-to-Equity Ratio	0,43	1,06	2,38	1,97
Operating Profit Margin	2,02 %	4,23 %	−1,49 %	−1,61 %
Current Ratio	1,01	0,91	0,82	1
Quick Ratio	2,6	1,62	1,24	1,35
Equity Ratio	0,23	0,23	0,14	0,15
Gross Profit Margin	34,17 %	41,66 %	44,68 %	41,93 %