VARME FINCO AS

1338 SANDVIKA

Finances

Return on Equity

3,45 %

Current Ratio

1,44

Debt-to-Equity Ratio

1,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	626 220 000	440 547 000	237 950 000	307 209 000
Net Income	54 304 000	96 052 000	−6 626 000	16 694 000
Total Assets	3 654 850 000	3 596 036 000	3 474 397 000	3 495 636 000
Total Equity	1 572 955 000	1 608 490 000	1 638 829 000	1 650 355 000

Income (NOK)	2022	2021	2020	2019
Revenue	626 220 000	440 547 000	237 950 000	307 209 000
Expenditure	463 700 000	282 364 000	181 834 000	220 957 000
Operating Profit	162 520 000	158 183 000	56 116 000	86 252 000
Financial Income	21 606 000	20 984 000	3 795 000	18 759 000
Financial Costs	119 798 000	61 595 000	68 940 000	87 971 000
Financial Balance	−98 192 000	−40 611 000	−65 145 000	−69 212 000
Earnings Before Tax	64 328 000	117 572 000	−9 029 000	17 040 000
Tax	10 024 000	21 520 000	−2 403 000	346 000
Net Income	54 304 000	96 052 000	−6 626 000	16 694 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 305 895 000	3 271 325 000	3 273 646 000	3 307 660 000
Total Current Assets	348 955 000	324 711 000	200 751 000	187 976 000
Total Assets	3 654 850 000	3 596 036 000	3 474 397 000	3 495 636 000
Total Retained Equity	0	0	0	0
Total Equity	1 572 955 000	1 608 490 000	1 638 829 000	1 650 355 000
Total Long-Term Debt	1 839 380 000	1 647 744 000	1 743 599 000	1 737 052 000
Total Current Debt	242 515 000	339 802 000	91 969 000	108 229 000
Total Equity and Debt	3 654 850 000	3 596 036 000	3 474 397 000	3 495 636 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	624 143 000	438 682 000	236 825 000	306 718 000
Other Income	2 077 000	1 865 000	1 125 000	491 000
Revenue	626 220 000	440 547 000	237 950 000	307 209 000
Cost of Goods Sold	336 681 000	162 060 000	55 245 000	91 927 000
Salary Costs	30 504 000	28 761 000	26 257 000	26 914 000
Depreciation	73 086 000	71 618 000	72 829 000	69 075 000
Impairment	0	0	0	0
Expenditure	463 700 000	282 364 000	181 834 000	220 957 000
Operating Profit	162 520 000	158 183 000	56 116 000	86 252 000
Financial Income	21 606 000	20 984 000	3 795 000	18 759 000
Financial Costs	119 798 000	61 595 000	68 940 000	87 971 000
Financial Balance	−98 192 000	−40 611 000	−65 145 000	−69 212 000
Dividends	0	0	0	0
Net Income	54 304 000	96 052 000	−6 626 000	16 694 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 611 348 000	1 611 348 000	1 611 348 000	1 611 348 000
Total Intangible Assets	2 075 610 000	2 093 181 000	2 110 225 000	2 125 245 000
Real Eastate	969 094 000	966 096 000	969 550 000	989 303 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	969 094 000	966 096 000	969 550 000	989 303 000
Total Fiancial Fixed Assets	261 191 000	212 048 000	193 871 000	193 112 000
Total Fixed Assets	3 305 895 000	3 271 325 000	3 273 646 000	3 307 660 000
Stock	7 382 000	4 469 000	3 436 000	3 595 000
Total Investments	0	0	0	0
Cash, Bank	173 628 000	176 665 000	153 407 000	115 902 000
Total Current Assets	348 955 000	324 711 000	200 751 000	187 976 000
Total Assets	3 654 850 000	3 596 036 000	3 474 397 000	3 495 636 000
Total Equity	1 572 955 000	1 608 490 000	1 638 829 000	1 650 355 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 839 380 000	1 647 744 000	1 743 599 000	1 737 052 000
Creditors	115 268 000	38 501 000	17 981 000	30 409 000
Unpaid Taxes	14 690 000	29 403 000	11 339 000	11 860 000
Dividends	0	0	0	0
Other Current Debt	84 498 000	103 649 000	55 977 000	55 122 000
Total Current Debt	242 515 000	339 802 000	91 969 000	108 229 000
Total Equity and Debt	3 654 850 000	3 596 036 000	3 474 397 000	3 495 636 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,45 %	5,97 %	−0,4 %	1,01 %
Debt-to-Equity Ratio	1,17	1,02	1,06	1,05
Operating Profit Margin	25,95 %	35,91 %	23,58 %	28,08 %
Current Ratio	1,44	0,96	2,18	1,74
Quick Ratio	1,48	0,97	2,27	1,8
Equity Ratio	0,43	0,45	0,47	0,47
Gross Profit Margin	46,24 %	63,21 %	76,78 %	70,08 %