VARME I SØR AS

4636 KRISTIANSAND S

Finances

Return on Equity

88,4 %

Current Ratio

2,13

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 461 000	20 442 000	16 716 000	14 008 000
Net Income	8 339 000	5 053 000	1 661 000	1 262 000
Total Assets	19 129 000	17 167 000	14 984 000	12 778 000
Total Equity	9 433 000	8 693 000	6 640 000	4 979 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 461 000	20 442 000	16 716 000	14 008 000
Expenditure	21 493 000	17 527 000	15 400 000	13 120 000
Operating Profit	3 968 000	2 916 000	1 317 000	888 000
Financial Income	5 419 000	2 916 000	809 000	711 000
Financial Costs	209 000	170 000	222 000	173 000
Financial Balance	5 210 000	2 746 000	587 000	538 000
Earnings Before Tax	9 178 000	5 662 000	1 904 000	1 426 000
Tax	838 000	609 000	243 000	164 000
Net Income	8 339 000	5 053 000	1 661 000	1 262 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 310 000	7 825 000	7 875 000	7 486 000
Total Current Assets	10 819 000	9 342 000	7 108 000	5 292 000
Total Assets	19 129 000	17 167 000	14 984 000	12 778 000
Total Retained Equity	8 433 000	7 693 000	5 640 000	3 979 000
Total Equity	9 433 000	8 693 000	6 640 000	4 979 000
Total Long-Term Debt	4 611 000	4 745 000	5 556 000	5 550 000
Total Current Debt	5 085 000	3 729 000	2 788 000	2 249 000
Total Equity and Debt	19 129 000	17 167 000	14 984 000	12 778 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 425 000	20 422 000	16 613 000	14 008 000
Other Income	37 000	20 000	103 000	0
Revenue	25 461 000	20 442 000	16 716 000	14 008 000
Cost of Goods Sold	16 978 000	13 767 000	11 255 000	9 340 000
Salary Costs	2 084 000	1 829 000	1 820 000	1 623 000
Depreciation	101 000	94 000	114 000	83 000
Impairment	0	0	0	0
Expenditure	21 493 000	17 527 000	15 400 000	13 120 000
Operating Profit	3 968 000	2 916 000	1 317 000	888 000
Financial Income	5 419 000	2 916 000	809 000	711 000
Financial Costs	209 000	170 000	222 000	173 000
Financial Balance	5 210 000	2 746 000	587 000	538 000
Dividends	0	0	0	0
Net Income	8 339 000	5 053 000	1 661 000	1 262 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	122 000	86 000	80 000	45 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	640 000	541 000	598 000	218 000
Total Tangible Assets	640 000	541 000	598 000	218 000
Total Fiancial Fixed Assets	7 548 000	7 198 000	7 198 000	7 223 000
Total Fixed Assets	8 310 000	7 825 000	7 875 000	7 486 000
Stock	5 210 000	4 353 000	3 277 000	2 664 000
Total Investments	0	0	0	0
Cash, Bank	117 000	652 000	1 601 000	379 000
Total Current Assets	10 819 000	9 342 000	7 108 000	5 292 000
Total Assets	19 129 000	17 167 000	14 984 000	12 778 000
Total Equity	9 433 000	8 693 000	6 640 000	4 979 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 611 000	4 745 000	5 556 000	5 550 000
Creditors	2 920 000	1 875 000	1 566 000	1 451 000
Unpaid Taxes	1 043 000	1 052 000	754 000	448 000
Dividends	0	0	0	0
Other Current Debt	248 000	186 000	190 000	189 000
Total Current Debt	5 085 000	3 729 000	2 788 000	2 249 000
Total Equity and Debt	19 129 000	17 167 000	14 984 000	12 778 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,4 %	58,13 %	25,02 %	25,35 %
Debt-to-Equity Ratio	0,49	0,55	0,84	1,11
Operating Profit Margin	15,58 %	14,26 %	7,88 %	6,34 %
Current Ratio	2,13	2,51	2,55	2,35
Quick Ratio	−86,55	−14,97	−14,54	−12,75
Equity Ratio	0,49	0,51	0,44	0,39
Gross Profit Margin	33,32 %	32,65 %	32,67 %	33,32 %