VARME & MILJØ AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

21,1 %

Current Ratio

2,03

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 356 000	4 054 000	3 121 000	3 667 000
Net Income	308 000	128 000	259 000	459 000
Total Assets	2 686 000	1 896 000	2 135 000	1 807 000
Total Equity	1 460 000	1 153 000	1 125 000	866 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 356 000	4 054 000	3 121 000	3 667 000
Expenditure	4 958 000	3 882 000	2 783 000	3 068 000
Operating Profit	398 000	173 000	338 000	600 000
Financial Income	0	4 000	3 000	4 000
Financial Costs	2 000	13 000	10 000	15 000
Financial Balance	−2 000	−9 000	−7 000	−11 000
Earnings Before Tax	396 000	164 000	331 000	589 000
Tax	88 000	36 000	73 000	130 000
Net Income	308 000	128 000	259 000	459 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	216 000	194 000	573 000	147 000
Total Current Assets	2 470 000	1 701 000	1 563 000	1 660 000
Total Assets	2 686 000	1 896 000	2 135 000	1 807 000
Total Retained Equity	1 430 000	1 123 000	1 095 000	836 000
Total Equity	1 460 000	1 153 000	1 125 000	866 000
Total Long-Term Debt	12 000	15 000	359 000	87 000
Total Current Debt	1 214 000	728 000	652 000	853 000
Total Equity and Debt	2 686 000	1 896 000	2 135 000	1 807 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 338 000	4 042 000	3 037 000	3 651 000
Other Income	17 000	12 000	85 000	16 000
Revenue	5 356 000	4 054 000	3 121 000	3 667 000
Cost of Goods Sold	2 917 000	2 261 000	1 608 000	1 885 000
Salary Costs	1 256 000	900 000	514 000	606 000
Depreciation	10 000	21 000	33 000	48 000
Impairment	0	0	0	0
Expenditure	4 958 000	3 882 000	2 783 000	3 068 000
Operating Profit	398 000	173 000	338 000	600 000
Financial Income	0	4 000	3 000	4 000
Financial Costs	2 000	13 000	10 000	15 000
Financial Balance	−2 000	−9 000	−7 000	−11 000
Dividends	0	0	0	0
Net Income	308 000	128 000	259 000	459 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	160 000	160 000	160 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	56 000	35 000	413 000	147 000
Total Tangible Assets	216 000	194 000	573 000	147 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	216 000	194 000	573 000	147 000
Stock	1 695 000	1 305 000	955 000	910 000
Total Investments	0	0	0	0
Cash, Bank	465 000	228 000	550 000	603 000
Total Current Assets	2 470 000	1 701 000	1 563 000	1 660 000
Total Assets	2 686 000	1 896 000	2 135 000	1 807 000
Total Equity	1 460 000	1 153 000	1 125 000	866 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 000	15 000	359 000	87 000
Creditors	439 000	400 000	285 000	188 000
Unpaid Taxes	266 000	162 000	160 000	170 000
Dividends	0	0	0	0
Other Current Debt	417 000	122 000	153 000	364 000
Total Current Debt	1 214 000	728 000	652 000	853 000
Total Equity and Debt	2 686 000	1 896 000	2 135 000	1 807 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,1 %	11,1 %	23,02 %	53 %
Debt-to-Equity Ratio	0,01	0,01	0,32	0,1
Operating Profit Margin	7,43 %	4,27 %	10,83 %	16,36 %
Current Ratio	2,03	2,34	2,4	1,95
Quick Ratio	−5,14	−2,95	−5,16	−29,12
Equity Ratio	0,54	0,61	0,53	0,48
Gross Profit Margin	45,54 %	44,23 %	48,48 %	48,6 %