VANN OG VARMETEKNIKK AS

8400 SORTLAND

Finances

Return on Equity

13,96 %

Current Ratio

2,05

Debt-to-Equity Ratio

1,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 273 000	9 341 000	7 430 000	8 190 000
Net Income	436 000	860 000	692 000	581 000
Total Assets	9 547 000	6 387 000	4 603 000	3 705 000
Total Equity	3 123 000	2 727 000	2 167 000	2 076 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 273 000	9 341 000	7 430 000	8 190 000
Expenditure	9 715 000	8 317 000	6 659 000	7 358 000
Operating Profit	615 000	1 043 000	853 000	733 000
Financial Income	90 000	59 000	68 000	40 000
Financial Costs	143 000	27 000	32 000	33 000
Financial Balance	−53 000	32 000	36 000	7 000
Earnings Before Tax	562 000	1 075 000	889 000	739 000
Tax	127 000	215 000	197 000	158 000
Net Income	436 000	860 000	692 000	581 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 915 000	851 000	1 251 000	1 260 000
Total Current Assets	5 632 000	5 536 000	3 353 000	2 445 000
Total Assets	9 547 000	6 387 000	4 603 000	3 705 000
Total Retained Equity	3 093 000	2 697 000	2 137 000	2 046 000
Total Equity	3 123 000	2 727 000	2 167 000	2 076 000
Total Long-Term Debt	3 675 000	398 000	551 000	317 000
Total Current Debt	2 749 000	3 261 000	1 885 000	1 312 000
Total Equity and Debt	9 547 000	6 387 000	4 603 000	3 705 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 273 000	9 103 000	7 430 000	8 190 000
Other Income	0	238 000	0	0
Revenue	10 273 000	9 341 000	7 430 000	8 190 000
Cost of Goods Sold	3 758 000	3 452 000	2 369 000	2 829 000
Salary Costs	3 988 000	3 262 000	2 617 000	2 788 000
Depreciation	249 000	267 000	276 000	253 000
Impairment	0	0	0	0
Expenditure	9 715 000	8 317 000	6 659 000	7 358 000
Operating Profit	615 000	1 043 000	853 000	733 000
Financial Income	90 000	59 000	68 000	40 000
Financial Costs	143 000	27 000	32 000	33 000
Financial Balance	−53 000	32 000	36 000	7 000
Dividends	0	300 000	300 000	0
Net Income	436 000	860 000	692 000	581 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	72 000	118 000
Machinery and Plant Facilities	227 000	223 000	403 000	382 000
Fixtures	310 000	187 000	83 000	21 000
Total Tangible Assets	537 000	411 000	811 000	820 000
Total Fiancial Fixed Assets	3 378 000	440 000	440 000	440 000
Total Fixed Assets	3 915 000	851 000	1 251 000	1 260 000
Stock	530 000	473 000	454 000	371 000
Total Investments	0	0	0	0
Cash, Bank	1 262 000	3 277 000	848 000	684 000
Total Current Assets	5 632 000	5 536 000	3 353 000	2 445 000
Total Assets	9 547 000	6 387 000	4 603 000	3 705 000
Total Equity	3 123 000	2 727 000	2 167 000	2 076 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 675 000	398 000	551 000	317 000
Creditors	1 416 000	1 589 000	711 000	572 000
Unpaid Taxes	764 000	850 000	405 000	324 000
Dividends	0	300 000	300 000	0
Other Current Debt	454 000	307 000	272 000	258 000
Total Current Debt	2 749 000	3 261 000	1 885 000	1 312 000
Total Equity and Debt	9 547 000	6 387 000	4 603 000	3 705 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,96 %	31,54 %	31,93 %	27,99 %
Debt-to-Equity Ratio	1,18	0,15	0,25	0,15
Operating Profit Margin	5,99 %	11,17 %	11,48 %	8,95 %
Current Ratio	2,05	1,7	1,78	1,86
Quick Ratio	2,54	1,99	2,34	2,6
Equity Ratio	0,33	0,43	0,47	0,56
Gross Profit Margin	63,42 %	63,04 %	68,12 %	65,46 %