VÅREM BIL AS

3083 HOLMESTRAND

Finances

Share Ownership

Return on Equity

−3,32 %

Current Ratio

2,55

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 410 000	2 818 000	1 170 000	690 000
Net Income	−13 000	14 000	11 000	84 000
Total Assets	795 000	694 000	591 000	520 000
Total Equity	392 000	405 000	391 000	379 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 410 000	2 818 000	1 170 000	690 000
Expenditure	2 424 000	2 801 000	1 156 000	587 000
Operating Profit	−14 000	16 000	13 000	104 000
Financial Income	2 000	2 000	2 000	1 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	2 000	1 000
Earnings Before Tax	−13 000	18 000	14 000	104 000
Tax	0	4 000	3 000	21 000
Net Income	−13 000	14 000	11 000	84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	24 000	30 000	34 000
Total Current Assets	775 000	670 000	561 000	487 000
Total Assets	795 000	694 000	591 000	520 000
Total Retained Equity	362 000	380 000	366 000	355 000
Total Equity	392 000	405 000	391 000	379 000
Total Long-Term Debt	100 000	100 000	100 000	100 000
Total Current Debt	304 000	189 000	100 000	41 000
Total Equity and Debt	795 000	694 000	591 000	520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 399 000	2 805 000	1 170 000	690 000
Other Income	10 000	13 000	0	0
Revenue	2 410 000	2 818 000	1 170 000	690 000
Cost of Goods Sold	1 596 000	1 790 000	659 000	475 000
Salary Costs	579 000	793 000	390 000	1 000
Depreciation	3 000	3 000	3 000	3 000
Impairment	0	0	0	0
Expenditure	2 424 000	2 801 000	1 156 000	587 000
Operating Profit	−14 000	16 000	13 000	104 000
Financial Income	2 000	2 000	2 000	1 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	2 000	1 000
Dividends	0	0	0	0
Net Income	−13 000	14 000	11 000	84 000

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	20 000	24 000	27 000	31 000
Total Tangible Assets	20 000	24 000	27 000	31 000
Total Fiancial Fixed Assets	0	0	3 000	3 000
Total Fixed Assets	20 000	24 000	30 000	34 000
Stock	510 000	436 000	193 000	211 000
Total Investments	0	0	0	0
Cash, Bank	252 000	234 000	368 000	276 000
Total Current Assets	775 000	670 000	561 000	487 000
Total Assets	795 000	694 000	591 000	520 000
Total Equity	392 000	405 000	391 000	379 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	100 000	100 000	100 000
Creditors	0	10 000	7 000	1 000
Unpaid Taxes	212 000	80 000	40 000	−4 000
Dividends	0	0	0	0
Other Current Debt	91 000	95 000	50 000	21 000
Total Current Debt	304 000	189 000	100 000	41 000
Total Equity and Debt	795 000	694 000	591 000	520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,32 %	3,46 %	2,81 %	22,16 %
Debt-to-Equity Ratio	0,26	0,25	0,26	0,26
Operating Profit Margin	−0,58 %	0,57 %	1,11 %	15,07 %
Current Ratio	2,55	3,54	5,61	11,88
Quick Ratio	−3,76	−2,71	−6,03	−2,86
Equity Ratio	0,49	0,58	0,66	0,73
Gross Profit Margin	33,78 %	36,48 %	43,68 %	31,16 %