VARME TOPCO AS

1338 SANDVIKA

Finances

Return on Equity

3,4 %

Current Ratio

1,52

Debt-to-Equity Ratio

1,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	626 214 000	440 541 000	237 944 000	307 202 000
Net Income	54 257 000	95 972 000	−6 659 000	16 625 000
Total Assets	3 675 331 000	3 596 591 000	3 475 043 000	3 496 325 000
Total Equity	1 593 496 000	1 629 032 000	1 639 484 000	1 651 043 000

Income (NOK)	2022	2021	2020	2019
Revenue	626 214 000	440 541 000	237 944 000	307 202 000
Expenditure	463 768 000	282 460 000	181 870 000	221 135 000
Operating Profit	162 446 000	158 081 000	56 074 000	86 067 000
Financial Income	21 622 000	20 985 000	3 795 000	18 857 000
Financial Costs	119 801 000	61 596 000	68 941 000	87 973 000
Financial Balance	−98 179 000	−40 611 000	−65 146 000	−69 116 000
Earnings Before Tax	64 267 000	117 470 000	−9 072 000	16 951 000
Tax	10 010 000	21 498 000	−2 413 000	326 000
Net Income	54 257 000	95 972 000	−6 659 000	16 625 000

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	369 436 000	325 266 000	201 397 000	188 665 000
Total Assets	3 675 331 000	3 596 591 000	3 475 043 000	3 496 325 000
Total Retained Equity	0	0	0	0
Total Equity	1 593 496 000	1 629 032 000	1 639 484 000	1 651 043 000
Total Long-Term Debt	1 839 380 000	1 647 744 000	1 743 590 000	1 737 052 000
Total Current Debt	242 455 000	319 815 000	91 969 000	108 230 000
Total Equity and Debt	3 675 331 000	3 596 591 000	3 475 043 000	3 496 325 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	624 143 000	438 682 000	236 825 000	306 718 000
Other Income	2 071 000	1 859 000	1 119 000	484 000
Revenue	626 214 000	440 541 000	237 944 000	307 202 000
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	463 768 000	282 460 000	181 870 000	221 135 000
Operating Profit	162 446 000	158 081 000	56 074 000	86 067 000
Financial Income	21 622 000	20 985 000	3 795 000	18 857 000
Financial Costs	119 801 000	61 596 000	68 941 000	87 973 000
Financial Balance	−98 179 000	−40 611 000	−65 146 000	−69 116 000
Dividends	0	0	0	0
Net Income	54 257 000	95 972 000	−6 659 000	16 625 000

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	194 109 000	177 220 000	154 053 000	116 591 000
Total Current Assets	369 436 000	325 266 000	201 397 000	188 665 000
Total Assets	3 675 331 000	3 596 591 000	3 475 043 000	3 496 325 000
Total Equity	1 593 496 000	1 629 032 000	1 639 484 000	1 651 043 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 839 380 000	1 647 744 000	1 743 590 000	1 737 052 000
Creditors	115 268 000	38 514 000	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	84 438 000	83 649 000	38 315 000	32 844 000
Total Current Debt	242 455 000	319 815 000	91 969 000	108 230 000
Total Equity and Debt	3 675 331 000	3 596 591 000	3 475 043 000	3 496 325 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,4 %	5,89 %	−0,41 %	1,01 %
Debt-to-Equity Ratio	1,15	1,01	1,06	1,05
Operating Profit Margin	25,94 %	35,88 %	23,57 %	28,02 %
Current Ratio	1,52	1,02	2,19	1,74
Quick Ratio	1,57	1,03	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 %