VARP ELEKTRO AS

3370 VIKERSUND

Finances

Share Ownership

Return on Equity

−89,36 %

Current Ratio

0,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 790 000	14 220 000	13 146 000	7 748 000
Net Income	−42 000	−328 000	−149 000	115 000
Total Assets	1 702 000	4 043 000	2 895 000	1 734 000
Total Equity	47 000	89 000	118 000	267 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 790 000	14 220 000	13 146 000	7 748 000
Expenditure	13 836 000	14 548 000	13 240 000	7 584 000
Operating Profit	−46 000	−328 000	−95 000	162 000
Financial Income	7 000	0	0	1 000
Financial Costs	3 000	0	1 000	1 000
Financial Balance	4 000	0	−1 000	0
Earnings Before Tax	−42 000	−328 000	−95 000	162 000
Tax	0	0	54 000	47 000
Net Income	−42 000	−328 000	−149 000	115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	386 000	75 000	153 000	28 000
Total Current Assets	1 316 000	3 969 000	2 742 000	1 706 000
Total Assets	1 702 000	4 043 000	2 895 000	1 734 000
Total Retained Equity	−347 000	−305 000	23 000	173 000
Total Equity	47 000	89 000	118 000	267 000
Total Long-Term Debt	0	0	0	18 000
Total Current Debt	1 655 000	3 954 000	2 777 000	1 449 000
Total Equity and Debt	1 702 000	4 043 000	2 895 000	1 734 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 508 000	14 220 000	13 134 000	7 748 000
Other Income	282 000	0	13 000	0
Revenue	13 790 000	14 220 000	13 146 000	7 748 000
Cost of Goods Sold	7 317 000	7 488 000	6 931 000	3 688 000
Salary Costs	4 912 000	5 701 000	4 419 000	2 823 000
Depreciation	29 000	10 000	8 000	6 000
Impairment	0	0	0	0
Expenditure	13 836 000	14 548 000	13 240 000	7 584 000
Operating Profit	−46 000	−328 000	−95 000	162 000
Financial Income	7 000	0	0	1 000
Financial Costs	3 000	0	1 000	1 000
Financial Balance	4 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	−42 000	−328 000	−149 000	115 000

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	367 000	26 000	36 000	28 000
Total Tangible Assets	367 000	26 000	36 000	28 000
Total Fiancial Fixed Assets	19 000	49 000	118 000	0
Total Fixed Assets	386 000	75 000	153 000	28 000
Stock	100 000	742 000	486 000	100 000
Total Investments	0	0	0	0
Cash, Bank	293 000	1 728 000	627 000	685 000
Total Current Assets	1 316 000	3 969 000	2 742 000	1 706 000
Total Assets	1 702 000	4 043 000	2 895 000	1 734 000
Total Equity	47 000	89 000	118 000	267 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	18 000
Creditors	262 000	952 000	708 000	352 000
Unpaid Taxes	118 000	837 000	741 000	493 000
Dividends	0	0	0	0
Other Current Debt	1 275 000	2 165 000	1 257 000	575 000
Total Current Debt	1 655 000	3 954 000	2 777 000	1 449 000
Total Equity and Debt	1 702 000	4 043 000	2 895 000	1 734 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−89,36 %	−368,54 %	−126,27 %	43,07 %
Debt-to-Equity Ratio	0	0	0	0,07
Operating Profit Margin	−0,33 %	−2,31 %	−0,72 %	2,09 %
Current Ratio	0,8	1	0,99	1,18
Quick Ratio	0,85	1,24	1,2	1,26
Equity Ratio	0,03	0,02	0,04	0,15
Gross Profit Margin	46,94 %	47,34 %	47,28 %	52,4 %