VARIG TEKNIKK & MILJØ AS

1383 ASKER

Finances

Share Ownership

Return on Equity

50,22 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 617 000	22 186 000	11 669 000	13 271 000
Net Income	1 381 000	330 000	393 000	377 000
Total Assets	9 714 000	26 894 000	6 073 000	2 057 000
Total Equity	2 750 000	1 369 000	1 039 000	645 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 617 000	22 186 000	11 669 000	13 271 000
Expenditure	40 420 000	21 349 000	11 081 000	12 621 000
Operating Profit	1 195 000	837 000	588 000	650 000
Financial Income	887 000	108 000	38 000	18 000
Financial Costs	309 000	505 000	118 000	183 000
Financial Balance	578 000	−397 000	−80 000	−165 000
Earnings Before Tax	1 774 000	440 000	508 000	485 000
Tax	393 000	109 000	115 000	108 000
Net Income	1 381 000	330 000	393 000	377 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	427 000	702 000	497 000	612 000
Total Current Assets	9 287 000	26 192 000	5 577 000	1 445 000
Total Assets	9 714 000	26 894 000	6 073 000	2 057 000
Total Retained Equity	2 482 000	1 101 000	771 000	377 000
Total Equity	2 750 000	1 369 000	1 039 000	645 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	6 961 000	25 525 000	5 035 000	1 412 000
Total Equity and Debt	9 714 000	26 894 000	6 073 000	2 057 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 989 000	21 972 000	11 419 000	13 271 000
Other Income	2 628 000	214 000	250 000	0
Revenue	41 617 000	22 186 000	11 669 000	13 271 000
Cost of Goods Sold	31 284 000	15 749 000	8 247 000	10 621 000
Salary Costs	4 952 000	3 088 000	1 498 000	1 203 000
Depreciation	66 000	24 000	0	0
Impairment	0	0	0	0
Expenditure	40 420 000	21 349 000	11 081 000	12 621 000
Operating Profit	1 195 000	837 000	588 000	650 000
Financial Income	887 000	108 000	38 000	18 000
Financial Costs	309 000	505 000	118 000	183 000
Financial Balance	578 000	−397 000	−80 000	−165 000
Dividends	0	0	0	0
Net Income	1 381 000	330 000	393 000	377 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	248 000	357 000	472 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	193 000	0	0
Fixtures	217 000	51 000	0	0
Total Tangible Assets	217 000	244 000	0	0
Total Fiancial Fixed Assets	210 000	210 000	139 000	139 000
Total Fixed Assets	427 000	702 000	497 000	612 000
Stock	167 000	167 000	0	0
Total Investments	0	0	0	0
Cash, Bank	3 870 000	6 537 000	93 000	732 000
Total Current Assets	9 287 000	26 192 000	5 577 000	1 445 000
Total Assets	9 714 000	26 894 000	6 073 000	2 057 000
Total Equity	2 750 000	1 369 000	1 039 000	645 000
Short-Term Group Debt	3 278 000	0	1 049 000	0
Total Long-Term Debt	3 000	0	0	0
Creditors	1 545 000	4 413 000	2 257 000	367 000
Unpaid Taxes	803 000	2 038 000	1 163 000	649 000
Dividends	0	0	0	0
Other Current Debt	1 194 000	19 074 000	500 000	395 000
Total Current Debt	6 961 000	25 525 000	5 035 000	1 412 000
Total Equity and Debt	9 714 000	26 894 000	6 073 000	2 057 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,22 %	24,11 %	37,82 %	58,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,87 %	3,77 %	5,04 %	4,9 %
Current Ratio	1,33	1,03	1,11	1,02
Quick Ratio	1,37	1,03	1,11	1,02
Equity Ratio	0,28	0,05	0,17	0,31
Gross Profit Margin	24,83 %	29,01 %	29,33 %	19,97 %