VARME & KJØLESERVICE AS

5560 NEDSTRAND

Finances

Share Ownership

Return on Equity

75,78 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 291 000	1 055 000	998 000	843 000
Net Income	97 000	110 000	−28 000	−130 000
Total Assets	385 000	394 000	325 000	382 000
Total Equity	128 000	31 000	−79 000	−50 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 291 000	1 055 000	998 000	843 000
Expenditure	1 155 000	940 000	1 021 000	971 000
Operating Profit	137 000	115 000	−22 000	−128 000
Financial Income	0	0	0	0
Financial Costs	6 000	6 000	7 000	8 000
Financial Balance	−6 000	−6 000	−7 000	−8 000
Earnings Before Tax	132 000	110 000	−28 000	−136 000
Tax	34 000	0	0	−6 000
Net Income	97 000	110 000	−28 000	−130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	100 000	167 000	211 000
Total Current Assets	340 000	294 000	159 000	171 000
Total Assets	385 000	394 000	325 000	382 000
Total Retained Equity	98 000	1 000	−109 000	−80 000
Total Equity	128 000	31 000	−79 000	−50 000
Total Long-Term Debt	42 000	73 000	105 000	136 000
Total Current Debt	215 000	290 000	299 000	296 000
Total Equity and Debt	385 000	394 000	325 000	382 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 291 000	1 055 000	998 000	843 000
Other Income	0	0	0	0
Revenue	1 291 000	1 055 000	998 000	843 000
Cost of Goods Sold	826 000	507 000	465 000	449 000
Salary Costs	4 000	127 000	218 000	189 000
Depreciation	55 000	67 000	65 000	63 000
Impairment	0	0	0	0
Expenditure	1 155 000	940 000	1 021 000	971 000
Operating Profit	137 000	115 000	−22 000	−128 000
Financial Income	0	0	0	0
Financial Costs	6 000	6 000	7 000	8 000
Financial Balance	−6 000	−6 000	−7 000	−8 000
Dividends	0	0	0	0
Net Income	97 000	110 000	−28 000	−130 000

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	45 000	100 000	167 000	211 000
Total Tangible Assets	45 000	100 000	167 000	211 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	45 000	100 000	167 000	211 000
Stock	97 000	27 000	27 000	42 000
Total Investments	0	0	0	0
Cash, Bank	106 000	162 000	119 000	23 000
Total Current Assets	340 000	294 000	159 000	171 000
Total Assets	385 000	394 000	325 000	382 000
Total Equity	128 000	31 000	−79 000	−50 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 000	73 000	105 000	136 000
Creditors	111 000	156 000	148 000	139 000
Unpaid Taxes	1 000	35 000	27 000	11 000
Dividends	0	0	0	0
Other Current Debt	70 000	100 000	124 000	147 000
Total Current Debt	215 000	290 000	299 000	296 000
Total Equity and Debt	385 000	394 000	325 000	382 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,78 %	354,84 %	35,44 %	260 %
Debt-to-Equity Ratio	0,33	2,35	−1,33	−2,72
Operating Profit Margin	10,61 %	10,9 %	−2,2 %	−15,18 %
Current Ratio	1,58	1,01	0,53	0,58
Quick Ratio	2,88	1,12	0,58	0,67
Equity Ratio	0,33	0,08	−0,24	−0,13
Gross Profit Margin	36,02 %	51,94 %	53,41 %	46,74 %