VANN&VARME TEC AS

1807 ASKIM

Finances

Return on Equity

160,34 %

Current Ratio

0,68

Debt-to-Equity Ratio

−0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 338 000	4 440 000	7 246 000	4 198 000
Net Income	−659 000	−33 000	197 000	158 000
Total Assets	1 067 000	1 693 000	1 732 000	1 095 000
Total Equity	−411 000	248 000	281 000	84 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 338 000	4 440 000	7 246 000	4 198 000
Expenditure	4 226 000	4 399 000	6 970 000	3 992 000
Operating Profit	−615 000	−13 000	276 000	206 000
Financial Income	0	1 000	0	0
Financial Costs	44 000	23 000	5 000	2 000
Financial Balance	−44 000	−22 000	−5 000	−2 000
Earnings Before Tax	−659 000	−36 000	272 000	204 000
Tax	0	−3 000	75 000	46 000
Net Income	−659 000	−33 000	197 000	158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	252 000	287 000	300 000	120 000
Total Current Assets	815 000	1 406 000	1 431 000	975 000
Total Assets	1 067 000	1 693 000	1 732 000	1 095 000
Total Retained Equity	−441 000	218 000	251 000	60 000
Total Equity	−411 000	248 000	281 000	84 000
Total Long-Term Debt	286 000	406 000	406 000	3 000
Total Current Debt	1 193 000	1 039 000	1 044 000	1 007 000
Total Equity and Debt	1 067 000	1 693 000	1 732 000	1 095 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 291 000	4 325 000	7 242 000	4 198 000
Other Income	47 000	115 000	4 000	1 000
Revenue	3 338 000	4 440 000	7 246 000	4 198 000
Cost of Goods Sold	1 432 000	1 336 000	3 183 000	1 413 000
Salary Costs	1 604 000	1 872 000	2 730 000	1 527 000
Depreciation	45 000	36 000	27 000	33 000
Impairment	0	0	0	0
Expenditure	4 226 000	4 399 000	6 970 000	3 992 000
Operating Profit	−615 000	−13 000	276 000	206 000
Financial Income	0	1 000	0	0
Financial Costs	44 000	23 000	5 000	2 000
Financial Balance	−44 000	−22 000	−5 000	−2 000
Dividends	0	0	0	300 000
Net Income	−659 000	−33 000	197 000	158 000

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	161 000	181 000	184 000	100 000
Total Tangible Assets	161 000	181 000	184 000	100 000
Total Fiancial Fixed Assets	91 000	106 000	116 000	20 000
Total Fixed Assets	252 000	287 000	300 000	120 000
Stock	442 000	168 000	222 000	203 000
Total Investments	0	0	0	0
Cash, Bank	23 000	479 000	577 000	322 000
Total Current Assets	815 000	1 406 000	1 431 000	975 000
Total Assets	1 067 000	1 693 000	1 732 000	1 095 000
Total Equity	−411 000	248 000	281 000	84 000
Short-Term Group Debt	7 000	0	0	0
Total Long-Term Debt	286 000	406 000	406 000	3 000
Creditors	278 000	446 000	−33 000	415 000
Unpaid Taxes	223 000	290 000	377 000	282 000
Dividends	0	0	0	300 000
Other Current Debt	379 000	299 000	640 000	266 000
Total Current Debt	1 193 000	1 039 000	1 044 000	1 007 000
Total Equity and Debt	1 067 000	1 693 000	1 732 000	1 095 000

Financial indicators	2022	2021	2020	2019
Return on Equity	160,34 %	−13,31 %	70,11 %	188,1 %
Debt-to-Equity Ratio	−0,7	1,64	1,44	0,04
Operating Profit Margin	−18,42 %	−0,29 %	3,81 %	4,91 %
Current Ratio	0,68	1,35	1,37	0,97
Quick Ratio	1,09	1,61	1,74	1,21
Equity Ratio	−0,39	0,15	0,16	0,08
Gross Profit Margin	57,1 %	69,91 %	56,07 %	66,34 %