VARME & ELEKTROKOMFORT AS

1560 LARKOLLEN

Finances

Share Ownership

Return on Equity

−42,05 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 953 000	4 115 000	3 293 000	3 699 000
Net Income	−37 000	79 000	90 000	−284 000
Total Assets	830 000	1 058 000	917 000	543 000
Total Equity	88 000	125 000	46 000	−44 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 953 000	4 115 000	3 293 000	3 699 000
Expenditure	3 969 000	4 020 000	3 190 000	3 978 000
Operating Profit	−16 000	95 000	103 000	−280 000
Financial Income	0	0	1 000	0
Financial Costs	21 000	16 000	14 000	5 000
Financial Balance	−21 000	−16 000	−13 000	−5 000
Earnings Before Tax	−37 000	79 000	90 000	−284 000
Tax	0	0	0	−1 000
Net Income	−37 000	79 000	90 000	−284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	830 000	1 058 000	917 000	543 000
Total Assets	830 000	1 058 000	917 000	543 000
Total Retained Equity	58 000	95 000	16 000	−74 000
Total Equity	88 000	125 000	46 000	−44 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	742 000	933 000	872 000	587 000
Total Equity and Debt	830 000	1 058 000	917 000	543 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 953 000	4 081 000	3 262 000	3 666 000
Other Income	0	34 000	31 000	33 000
Revenue	3 953 000	4 115 000	3 293 000	3 699 000
Cost of Goods Sold	1 931 000	1 768 000	965 000	1 087 000
Salary Costs	1 569 000	1 688 000	1 528 000	2 035 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 969 000	4 020 000	3 190 000	3 978 000
Operating Profit	−16 000	95 000	103 000	−280 000
Financial Income	0	0	1 000	0
Financial Costs	21 000	16 000	14 000	5 000
Financial Balance	−21 000	−16 000	−13 000	−5 000
Dividends	0	0	0	0
Net Income	−37 000	79 000	90 000	−284 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	132 000	122 000	160 000	114 000
Total Investments	0	0	0	0
Cash, Bank	40 000	154 000	59 000	160 000
Total Current Assets	830 000	1 058 000	917 000	543 000
Total Assets	830 000	1 058 000	917 000	543 000
Total Equity	88 000	125 000	46 000	−44 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	228 000	458 000	317 000	105 000
Unpaid Taxes	316 000	324 000	216 000	304 000
Dividends	0	0	0	0
Other Current Debt	139 000	152 000	137 000	179 000
Total Current Debt	742 000	933 000	872 000	587 000
Total Equity and Debt	830 000	1 058 000	917 000	543 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,05 %	63,2 %	195,65 %	645,45 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−0,4 %	2,31 %	3,13 %	−7,57 %
Current Ratio	1,12	1,13	1,05	0,93
Quick Ratio	1,36	1,3	1,29	1,15
Equity Ratio	0,11	0,12	0,05	−0,08
Gross Profit Margin	51,15 %	57,04 %	70,7 %	70,61 %