VARMEPUMPE SØR AS

4636 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

110,1 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 896 000	12 573 000	7 734 000	8 614 000
Net Income	425 000	232 000	18 000	−31 000
Total Assets	4 703 000	3 654 000	1 953 000	1 730 000
Total Equity	386 000	447 000	215 000	197 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 896 000	12 573 000	7 734 000	8 614 000
Expenditure	16 284 000	12 265 000	7 684 000	8 627 000
Operating Profit	612 000	309 000	50 000	−12 000
Financial Income	0	0	0	0
Financial Costs	33 000	10 000	27 000	26 000
Financial Balance	−33 000	−10 000	−27 000	−26 000
Earnings Before Tax	579 000	299 000	24 000	−38 000
Tax	154 000	67 000	5 000	−7 000
Net Income	425 000	232 000	18 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	192 000	297 000	317 000	427 000
Total Current Assets	4 511 000	3 357 000	1 636 000	1 303 000
Total Assets	4 703 000	3 654 000	1 953 000	1 730 000
Total Retained Equity	186 000	247 000	15 000	−3 000
Total Equity	386 000	447 000	215 000	197 000
Total Long-Term Debt	0	51 000	169 000	283 000
Total Current Debt	4 318 000	3 155 000	1 569 000	1 250 000
Total Equity and Debt	4 703 000	3 654 000	1 953 000	1 730 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 886 000	12 564 000	7 719 000	8 614 000
Other Income	10 000	9 000	16 000	0
Revenue	16 896 000	12 573 000	7 734 000	8 614 000
Cost of Goods Sold	10 486 000	8 297 000	4 561 000	5 212 000
Salary Costs	3 470 000	2 393 000	1 852 000	2 126 000
Depreciation	133 000	118 000	110 000	111 000
Impairment	0	0	0	0
Expenditure	16 284 000	12 265 000	7 684 000	8 627 000
Operating Profit	612 000	309 000	50 000	−12 000
Financial Income	0	0	0	0
Financial Costs	33 000	10 000	27 000	26 000
Financial Balance	−33 000	−10 000	−27 000	−26 000
Dividends	0	0	0	0
Net Income	425 000	232 000	18 000	−31 000

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	113 000	48 000	60 000
Fixtures	192 000	185 000	269 000	367 000
Total Tangible Assets	192 000	297 000	317 000	427 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	192 000	297 000	317 000	427 000
Stock	2 674 000	1 061 000	882 000	782 000
Total Investments	0	0	0	0
Cash, Bank	280 000	190 000	203 000	141 000
Total Current Assets	4 511 000	3 357 000	1 636 000	1 303 000
Total Assets	4 703 000	3 654 000	1 953 000	1 730 000
Total Equity	386 000	447 000	215 000	197 000
Short-Term Group Debt	624 000	0	0	0
Total Long-Term Debt	0	51 000	169 000	283 000
Creditors	2 913 000	2 185 000	1 008 000	792 000
Unpaid Taxes	350 000	573 000	337 000	206 000
Dividends	0	0	0	0
Other Current Debt	410 000	326 000	224 000	252 000
Total Current Debt	4 318 000	3 155 000	1 569 000	1 250 000
Total Equity and Debt	4 703 000	3 654 000	1 953 000	1 730 000

Financial indicators	2022	2021	2020	2019
Return on Equity	110,1 %	51,9 %	8,37 %	−15,74 %
Debt-to-Equity Ratio	0	0,11	0,79	1,44
Operating Profit Margin	3,62 %	2,46 %	0,65 %	−0,14 %
Current Ratio	1,04	1,06	1,04	1,04
Quick Ratio	2,74	1,6	2,38	2,78
Equity Ratio	0,08	0,12	0,11	0,11
Gross Profit Margin	37,94 %	34,01 %	41,03 %	39,49 %