ØS VARME AS

4319 SANDNES

Finances

Share Ownership

Return on Equity

46,11 %

Current Ratio

2,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 786 000	108 302 000	74 212 000	68 984 000
Net Income	9 474 000	12 723 000	3 718 000	1 778 000
Total Assets	33 478 000	32 626 000	38 374 000	36 072 000
Total Equity	20 545 000	16 171 000	9 448 000	8 730 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 786 000	108 302 000	74 212 000	68 984 000
Expenditure	85 031 000	92 162 000	70 105 000	66 570 000
Operating Profit	11 754 000	16 140 000	4 106 000	2 415 000
Financial Income	1 159 000	1 583 000	1 914 000	922 000
Financial Costs	676 000	1 359 000	1 218 000	994 000
Financial Balance	483 000	224 000	696 000	−72 000
Earnings Before Tax	12 237 000	16 364 000	4 802 000	2 343 000
Tax	2 763 000	3 641 000	1 084 000	565 000
Net Income	9 474 000	12 723 000	3 718 000	1 778 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 686 000	4 431 000	6 029 000	8 493 000
Total Current Assets	28 792 000	28 194 000	32 346 000	27 579 000
Total Assets	33 478 000	32 626 000	38 374 000	36 072 000
Total Retained Equity	13 045 000	8 671 000	1 948 000	1 230 000
Total Equity	20 545 000	16 171 000	9 448 000	8 730 000
Total Long-Term Debt	0	0	6 824 000	8 266 000
Total Current Debt	12 933 000	16 455 000	22 103 000	19 076 000
Total Equity and Debt	33 478 000	32 626 000	38 374 000	36 072 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	96 695 000	108 302 000	73 668 000	68 526 000
Other Income	92 000	0	544 000	458 000
Revenue	96 786 000	108 302 000	74 212 000	68 984 000
Cost of Goods Sold	64 335 000	72 960 000	52 540 000	50 317 000
Salary Costs	12 049 000	11 541 000	9 257 000	9 453 000
Depreciation	2 492 000	2 884 000	3 440 000	2 239 000
Impairment	0	0	0	0
Expenditure	85 031 000	92 162 000	70 105 000	66 570 000
Operating Profit	11 754 000	16 140 000	4 106 000	2 415 000
Financial Income	1 159 000	1 583 000	1 914 000	922 000
Financial Costs	676 000	1 359 000	1 218 000	994 000
Financial Balance	483 000	224 000	696 000	−72 000
Dividends	5 100 000	6 000 000	3 000 000	0
Net Income	9 474 000	12 723 000	3 718 000	1 778 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	1 988 000	4 638 000	7 950 000
Total Intangible Assets	1 348 000	3 012 000	5 252 000	7 950 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 339 000	1 419 000	777 000	543 000
Total Tangible Assets	3 339 000	1 419 000	777 000	543 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 686 000	4 431 000	6 029 000	8 493 000
Stock	23 522 000	13 424 000	11 348 000	15 574 000
Total Investments	0	0	0	0
Cash, Bank	684 000	2 880 000	11 259 000	2 807 000
Total Current Assets	28 792 000	28 194 000	32 346 000	27 579 000
Total Assets	33 478 000	32 626 000	38 374 000	36 072 000
Total Equity	20 545 000	16 171 000	9 448 000	8 730 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	6 824 000	8 266 000
Creditors	−68 000	4 152 000	12 011 000	7 644 000
Unpaid Taxes	3 594 000	133 000	4 099 000	3 217 000
Dividends	5 100 000	6 000 000	3 000 000	0
Other Current Debt	1 222 000	2 119 000	1 264 000	1 210 000
Total Current Debt	12 933 000	16 455 000	22 103 000	19 076 000
Total Equity and Debt	33 478 000	32 626 000	38 374 000	36 072 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,11 %	78,68 %	39,35 %	20,37 %
Debt-to-Equity Ratio	0	0	0,72	0,95
Operating Profit Margin	12,14 %	14,9 %	5,53 %	3,5 %
Current Ratio	2,23	1,71	1,46	1,45
Quick Ratio	−2,72	9,3	3,01	7,88
Equity Ratio	0,61	0,5	0,25	0,24
Gross Profit Margin	33,53 %	32,63 %	29,2 %	27,06 %