VARMETAP.NO AS

4516 MANDAL

Finances

Share Ownership

Return on Equity

41,67 %

Current Ratio

0,26

Debt-to-Equity Ratio

1,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	601 000	433 000	545 000	412 000
Net Income	55 000	−17 000	27 000	36 000
Total Assets	627 000	488 000	545 000	552 000
Total Equity	132 000	78 000	95 000	67 000

Income (NOK)	2022	2021	2020	2019
Revenue	601 000	433 000	545 000	412 000
Expenditure	515 000	438 000	490 000	333 000
Operating Profit	86 000	−4 000	55 000	79 000
Financial Income	3 000	2 000	0	0
Financial Costs	21 000	18 000	20 000	33 000
Financial Balance	−18 000	−16 000	−20 000	−33 000
Earnings Before Tax	68 000	−20 000	35 000	46 000
Tax	14 000	−3 000	8 000	10 000
Net Income	55 000	−17 000	27 000	36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	557 000	480 000	511 000	511 000
Total Current Assets	70 000	7 000	34 000	40 000
Total Assets	627 000	488 000	545 000	552 000
Total Retained Equity	102 000	48 000	65 000	48 000
Total Equity	132 000	78 000	95 000	67 000
Total Long-Term Debt	222 000	160 000	213 000	272 000
Total Current Debt	273 000	249 000	237 000	212 000
Total Equity and Debt	627 000	488 000	545 000	552 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	601 000	433 000	516 000	412 000
Other Income	0	0	29 000	0
Revenue	601 000	433 000	545 000	412 000
Cost of Goods Sold	0	0	14 000	0
Salary Costs	151 000	6 000	72 000	16 000
Depreciation	30 000	31 000	31 000	26 000
Impairment	0	0	0	0
Expenditure	515 000	438 000	490 000	333 000
Operating Profit	86 000	−4 000	55 000	79 000
Financial Income	3 000	2 000	0	0
Financial Costs	21 000	18 000	20 000	33 000
Financial Balance	−18 000	−16 000	−20 000	−33 000
Dividends	0	0	0	0
Net Income	55 000	−17 000	27 000	36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	448 000	461 000	474 000	487 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	109 000	19 000	37 000	25 000
Total Tangible Assets	557 000	480 000	511 000	511 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	557 000	480 000	511 000	511 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	42 000	0	0	3 000
Total Current Assets	70 000	7 000	34 000	40 000
Total Assets	627 000	488 000	545 000	552 000
Total Equity	132 000	78 000	95 000	67 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	222 000	160 000	213 000	272 000
Creditors	20 000	34 000	27 000	44 000
Unpaid Taxes	9 000	5 000	11 000	4 000
Dividends	0	0	0	0
Other Current Debt	235 000	177 000	180 000	108 000
Total Current Debt	273 000	249 000	237 000	212 000
Total Equity and Debt	627 000	488 000	545 000	552 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,67 %	−21,79 %	28,42 %	53,73 %
Debt-to-Equity Ratio	1,68	2,05	2,24	4,06
Operating Profit Margin	14,31 %	−0,92 %	10,09 %	19,17 %
Current Ratio	0,26	0,03	0,14	0,19
Quick Ratio	0,26	0,03	0,14	0,19
Equity Ratio	0,21	0,16	0,17	0,12
Gross Profit Margin	100 %	100 %	97,43 %	100 %