VARHAUG BIL OG MASKINELEKTRO AS

4332 FIGGJO

Finances

Share Ownership

Return on Equity

11,49 %

Current Ratio

8,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 580 000	2 555 000	2 702 000	2 519 000
Net Income	510 000	479 000	658 000	676 000
Total Assets	5 035 000	4 526 000	4 107 000	3 453 000
Total Equity	4 440 000	3 929 000	3 450 000	2 793 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 580 000	2 555 000	2 702 000	2 519 000
Expenditure	1 929 000	1 947 000	1 863 000	1 657 000
Operating Profit	650 000	608 000	839 000	862 000
Financial Income	4 000	6 000	4 000	4 000
Financial Costs	1 000	0	0	0
Financial Balance	3 000	6 000	4 000	4 000
Earnings Before Tax	654 000	614 000	843 000	867 000
Tax	144 000	135 000	185 000	191 000
Net Income	510 000	479 000	658 000	676 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	149 000	175 000	219 000	287 000
Total Current Assets	4 886 000	4 350 000	3 888 000	3 166 000
Total Assets	5 035 000	4 526 000	4 107 000	3 453 000
Total Retained Equity	4 410 000	3 899 000	3 420 000	2 763 000
Total Equity	4 440 000	3 929 000	3 450 000	2 793 000
Total Long-Term Debt	8 000	7 000	8 000	12 000
Total Current Debt	587 000	589 000	648 000	647 000
Total Equity and Debt	5 035 000	4 526 000	4 107 000	3 453 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 580 000	2 555 000	2 702 000	2 519 000
Other Income	0	0	0	0
Revenue	2 580 000	2 555 000	2 702 000	2 519 000
Cost of Goods Sold	630 000	666 000	638 000	521 000
Salary Costs	743 000	710 000	682 000	653 000
Depreciation	26 000	44 000	68 000	68 000
Impairment	0	0	0	0
Expenditure	1 929 000	1 947 000	1 863 000	1 657 000
Operating Profit	650 000	608 000	839 000	862 000
Financial Income	4 000	6 000	4 000	4 000
Financial Costs	1 000	0	0	0
Financial Balance	3 000	6 000	4 000	4 000
Dividends	0	0	0	0
Net Income	510 000	479 000	658 000	676 000

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	149 000	175 000	219 000	287 000
Total Tangible Assets	149 000	175 000	219 000	287 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	149 000	175 000	219 000	287 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 449 000	3 039 000	2 325 000	1 634 000
Total Current Assets	4 886 000	4 350 000	3 888 000	3 166 000
Total Assets	5 035 000	4 526 000	4 107 000	3 453 000
Total Equity	4 440 000	3 929 000	3 450 000	2 793 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	7 000	8 000	12 000
Creditors	66 000	58 000	12 000	31 000
Unpaid Taxes	252 000	282 000	318 000	303 000
Dividends	0	0	0	0
Other Current Debt	127 000	113 000	128 000	122 000
Total Current Debt	587 000	589 000	648 000	647 000
Total Equity and Debt	5 035 000	4 526 000	4 107 000	3 453 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,49 %	12,19 %	19,07 %	24,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,19 %	23,8 %	31,05 %	34,22 %
Current Ratio	8,32	7,39	6	4,89
Quick Ratio	8,32	7,39	6	4,89
Equity Ratio	0,88	0,87	0,84	0,81
Gross Profit Margin	75,58 %	73,93 %	76,39 %	79,32 %