VARIANT TRONDHEIM AS

7011 TRONDHEIM

Finances

Return on Equity

75,32 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 088 000	46 469 000	32 787 000	21 893 000
Net Income	3 164 000	4 635 000	2 666 000	2 414 000
Total Assets	23 383 000	17 368 000	10 955 000	8 432 000
Total Equity	4 201 000	3 194 000	2 169 000	1 289 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 088 000	46 469 000	32 787 000	21 893 000
Expenditure	61 004 000	40 541 000	29 341 000	18 770 000
Operating Profit	4 084 000	5 927 000	3 446 000	3 122 000
Financial Income	1 000	22 000	2 000	4 000
Financial Costs	11 000	−3 000	19 000	8 000
Financial Balance	−10 000	25 000	−17 000	−4 000
Earnings Before Tax	4 073 000	5 953 000	3 429 000	3 118 000
Tax	909 000	1 317 000	763 000	704 000
Net Income	3 164 000	4 635 000	2 666 000	2 414 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 116 000	883 000	925 000	453 000
Total Current Assets	22 267 000	16 485 000	10 030 000	7 979 000
Total Assets	23 383 000	17 368 000	10 955 000	8 432 000
Total Retained Equity	2 890 000	1 884 000	1 049 000	409 000
Total Equity	4 201 000	3 194 000	2 169 000	1 289 000
Total Long-Term Debt	0	11 000	51 000	44 000
Total Current Debt	19 182 000	14 163 000	8 735 000	7 099 000
Total Equity and Debt	23 383 000	17 368 000	10 955 000	8 432 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 087 000	46 469 000	32 787 000	21 893 000
Other Income	1 000	0	0	0
Revenue	65 088 000	46 469 000	32 787 000	21 893 000
Cost of Goods Sold	10 703 000	2 743 000	2 084 000	0
Salary Costs	42 685 000	34 028 000	24 421 000	17 188 000
Depreciation	516 000	456 000	324 000	146 000
Impairment	0	0	0	0
Expenditure	61 004 000	40 541 000	29 341 000	18 770 000
Operating Profit	4 084 000	5 927 000	3 446 000	3 122 000
Financial Income	1 000	22 000	2 000	4 000
Financial Costs	11 000	−3 000	19 000	8 000
Financial Balance	−10 000	25 000	−17 000	−4 000
Dividends	2 158 000	3 800 000	2 000 000	2 157 000
Net Income	3 164 000	4 635 000	2 666 000	2 414 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	26 000	0	0	0
Total Intangible Assets	27 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 048 000	883 000	925 000	453 000
Total Tangible Assets	1 048 000	883 000	925 000	453 000
Total Fiancial Fixed Assets	40 000	0	0	0
Total Fixed Assets	1 116 000	883 000	925 000	453 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 845 000	10 296 000	5 693 000	4 769 000
Total Current Assets	22 267 000	16 485 000	10 030 000	7 979 000
Total Assets	23 383 000	17 368 000	10 955 000	8 432 000
Total Equity	4 201 000	3 194 000	2 169 000	1 289 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	11 000	51 000	44 000
Creditors	4 418 000	805 000	392 000	151 000
Unpaid Taxes	5 076 000	3 997 000	2 882 000	2 287 000
Dividends	2 158 000	3 800 000	2 000 000	2 157 000
Other Current Debt	6 609 000	4 204 000	2 704 000	1 983 000
Total Current Debt	19 182 000	14 163 000	8 735 000	7 099 000
Total Equity and Debt	23 383 000	17 368 000	10 955 000	8 432 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,32 %	145,12 %	122,91 %	187,28 %
Debt-to-Equity Ratio	0	0	0,02	0,03
Operating Profit Margin	6,27 %	12,75 %	10,51 %	14,26 %
Current Ratio	1,16	1,16	1,15	1,12
Quick Ratio	1,16	1,16	1,15	1,12
Equity Ratio	0,18	0,18	0,2	0,15
Gross Profit Margin	83,56 %	94,1 %	93,64 %	100 %