FALK VARME & SANITÆR AS

1348 RYKKINN

Finances

Return on Equity

37,15 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 498 000	5 962 000	5 099 000	5 178 000
Net Income	632 000	468 000	268 000	309 000
Total Assets	3 533 000	2 962 000	2 057 000	1 883 000
Total Equity	1 701 000	1 070 000	601 000	483 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 498 000	5 962 000	5 099 000	5 178 000
Expenditure	5 744 000	5 360 000	4 760 000	4 777 000
Operating Profit	789 000	602 000	338 000	400 000
Financial Income	10 000	6 000	6 000	0
Financial Costs	0	1 000	3 000	2 000
Financial Balance	10 000	5 000	3 000	−2 000
Earnings Before Tax	799 000	607 000	342 000	399 000
Tax	167 000	139 000	74 000	90 000
Net Income	632 000	468 000	268 000	309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 000	86 000	95 000	55 000
Total Current Assets	3 455 000	2 876 000	1 962 000	1 828 000
Total Assets	3 533 000	2 962 000	2 057 000	1 883 000
Total Retained Equity	1 671 000	1 040 000	571 000	309 000
Total Equity	1 701 000	1 070 000	601 000	483 000
Total Long-Term Debt	1 000	0	7 000	0
Total Current Debt	1 831 000	1 892 000	1 448 000	1 399 000
Total Equity and Debt	3 533 000	2 962 000	2 057 000	1 883 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 156 000	5 962 000	5 039 000	5 178 000
Other Income	342 000	0	60 000	0
Revenue	6 498 000	5 962 000	5 099 000	5 178 000
Cost of Goods Sold	3 339 000	3 031 000	2 366 000	2 971 000
Salary Costs	1 889 000	1 710 000	1 745 000	1 236 000
Depreciation	9 000	9 000	4 000	0
Impairment	0	0	0	0
Expenditure	5 744 000	5 360 000	4 760 000	4 777 000
Operating Profit	789 000	602 000	338 000	400 000
Financial Income	10 000	6 000	6 000	0
Financial Costs	0	1 000	3 000	2 000
Financial Balance	10 000	5 000	3 000	−2 000
Dividends	0	0	0	0
Net Income	632 000	468 000	268 000	309 000

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	22 000	0	0	0
Fixtures	0	31 000	40 000	0
Total Tangible Assets	22 000	31 000	40 000	0
Total Fiancial Fixed Assets	55 000	55 000	55 000	55 000
Total Fixed Assets	77 000	86 000	95 000	55 000
Stock	50 000	15 000	15 000	0
Total Investments	0	0	0	0
Cash, Bank	701 000	1 394 000	1 132 000	928 000
Total Current Assets	3 455 000	2 876 000	1 962 000	1 828 000
Total Assets	3 533 000	2 962 000	2 057 000	1 883 000
Total Equity	1 701 000	1 070 000	601 000	483 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	7 000	0
Creditors	1 056 000	1 172 000	845 000	863 000
Unpaid Taxes	288 000	278 000	231 000	350 000
Dividends	0	0	0	0
Other Current Debt	321 000	296 000	306 000	96 000
Total Current Debt	1 831 000	1 892 000	1 448 000	1 399 000
Total Equity and Debt	3 533 000	2 962 000	2 057 000	1 883 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,15 %	43,74 %	44,59 %	63,98 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	12,14 %	10,1 %	6,63 %	7,72 %
Current Ratio	1,89	1,52	1,35	1,31
Quick Ratio	1,94	1,53	1,37	1,31
Equity Ratio	0,48	0,36	0,29	0,26
Gross Profit Margin	48,61 %	49,16 %	53,6 %	42,62 %