VARP RØR AS

3370 VIKERSUND

Finances

Return on Equity

9,85 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 555 000	9 502 000	9 789 000	10 926 000
Net Income	86 000	69 000	508 000	−142 000
Total Assets	1 973 000	2 838 000	2 595 000	2 027 000
Total Equity	873 000	787 000	717 000	210 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 555 000	9 502 000	9 789 000	10 926 000
Expenditure	9 440 000	9 407 000	9 145 000	11 081 000
Operating Profit	114 000	94 000	644 000	−155 000
Financial Income	7 000	0	0	1 000
Financial Costs	10 000	4 000	8 000	11 000
Financial Balance	−3 000	−4 000	−8 000	−10 000
Earnings Before Tax	111 000	90 000	636 000	−165 000
Tax	24 000	21 000	128 000	−24 000
Net Income	86 000	69 000	508 000	−142 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	117 000	109 000	177 000	269 000
Total Current Assets	1 856 000	2 729 000	2 418 000	1 758 000
Total Assets	1 973 000	2 838 000	2 595 000	2 027 000
Total Retained Equity	778 000	692 000	623 000	115 000
Total Equity	873 000	787 000	717 000	210 000
Total Long-Term Debt	44 000	20 000	25 000	0
Total Current Debt	1 056 000	2 032 000	1 853 000	1 817 000
Total Equity and Debt	1 973 000	2 838 000	2 595 000	2 027 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 555 000	9 497 000	9 789 000	10 926 000
Other Income	0	5 000	0	0
Revenue	9 555 000	9 502 000	9 789 000	10 926 000
Cost of Goods Sold	5 613 000	5 769 000	5 557 000	6 748 000
Salary Costs	2 651 000	2 512 000	2 406 000	3 148 000
Depreciation	53 000	48 000	44 000	54 000
Impairment	0	0	0	0
Expenditure	9 440 000	9 407 000	9 145 000	11 081 000
Operating Profit	114 000	94 000	644 000	−155 000
Financial Income	7 000	0	0	1 000
Financial Costs	10 000	4 000	8 000	11 000
Financial Balance	−3 000	−4 000	−8 000	−10 000
Dividends	0	0	0	0
Net Income	86 000	69 000	508 000	−142 000

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	70 000	96 000	144 000	216 000
Total Tangible Assets	70 000	96 000	144 000	216 000
Total Fiancial Fixed Assets	47 000	13 000	33 000	53 000
Total Fixed Assets	117 000	109 000	177 000	269 000
Stock	509 000	339 000	291 000	273 000
Total Investments	20 000	20 000	20 000	0
Cash, Bank	479 000	854 000	391 000	89 000
Total Current Assets	1 856 000	2 729 000	2 418 000	1 758 000
Total Assets	1 973 000	2 838 000	2 595 000	2 027 000
Total Equity	873 000	787 000	717 000	210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	44 000	20 000	25 000	0
Creditors	−276 000	505 000	485 000	512 000
Unpaid Taxes	462 000	599 000	589 000	385 000
Dividends	0	0	0	0
Other Current Debt	870 000	902 000	676 000	808 000
Total Current Debt	1 056 000	2 032 000	1 853 000	1 817 000
Total Equity and Debt	1 973 000	2 838 000	2 595 000	2 027 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,85 %	8,77 %	70,85 %	−67,62 %
Debt-to-Equity Ratio	0,05	0,03	0,03	0
Operating Profit Margin	1,19 %	0,99 %	6,58 %	−1,42 %
Current Ratio	1,76	1,34	1,3	0,97
Quick Ratio	3,39	1,61	1,55	1,14
Equity Ratio	0,44	0,28	0,28	0,1
Gross Profit Margin	41,26 %	39,29 %	43,23 %	38,24 %