VARMEPUMPE EKSPRESSEN AS

5416 STORD

Finances

Share Ownership

Return on Equity

37,96 %

Current Ratio

3,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 062 000	5 603 000	4 006 000	1 955 000
Net Income	1 642 000	1 461 000	677 000	521 000
Total Assets	5 537 000	3 993 000	1 928 000	953 000
Total Equity	4 326 000	2 684 000	1 223 000	546 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 062 000	5 603 000	4 006 000	1 955 000
Expenditure	5 417 000	3 892 000	3 137 000	1 289 000
Operating Profit	2 093 000	1 873 000	869 000	667 000
Financial Income	12 000	0	1 000	0
Financial Costs	1 000	0	1 000	0
Financial Balance	11 000	0	0	0
Earnings Before Tax	2 105 000	1 873 000	869 000	667 000
Tax	463 000	412 000	191 000	145 000
Net Income	1 642 000	1 461 000	677 000	521 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 616 000	0	0	0
Total Current Assets	3 921 000	3 993 000	1 928 000	953 000
Total Assets	5 537 000	3 993 000	1 928 000	953 000
Total Retained Equity	4 302 000	2 660 000	1 199 000	521 000
Total Equity	4 326 000	2 684 000	1 223 000	546 000
Total Long-Term Debt	13 000	0	0	0
Total Current Debt	1 198 000	1 309 000	705 000	407 000
Total Equity and Debt	5 537 000	3 993 000	1 928 000	953 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 062 000	5 603 000	4 006 000	1 955 000
Other Income	0	0	0	0
Revenue	7 062 000	5 603 000	4 006 000	1 955 000
Cost of Goods Sold	4 502 000	2 933 000	2 095 000	1 122 000
Salary Costs	703 000	693 000	763 000	0
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	5 417 000	3 892 000	3 137 000	1 289 000
Operating Profit	2 093 000	1 873 000	869 000	667 000
Financial Income	12 000	0	1 000	0
Financial Costs	1 000	0	1 000	0
Financial Balance	11 000	0	0	0
Dividends	0	0	0	0
Net Income	1 642 000	1 461 000	677 000	521 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 616 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 616 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 616 000	0	0	0
Stock	610 000	162 000	0	0
Total Investments	0	0	0	0
Cash, Bank	3 308 000	3 599 000	1 905 000	922 000
Total Current Assets	3 921 000	3 993 000	1 928 000	953 000
Total Assets	5 537 000	3 993 000	1 928 000	953 000
Total Equity	4 326 000	2 684 000	1 223 000	546 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 000	0	0	0
Creditors	336 000	377 000	249 000	187 000
Unpaid Taxes	274 000	303 000	112 000	21 000
Dividends	0	0	0	0
Other Current Debt	138 000	216 000	152 000	53 000
Total Current Debt	1 198 000	1 309 000	705 000	407 000
Total Equity and Debt	5 537 000	3 993 000	1 928 000	953 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,96 %	54,43 %	55,36 %	95,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,64 %	33,43 %	21,69 %	34,12 %
Current Ratio	3,27	3,05	2,73	2,34
Quick Ratio	6,67	3,48	2,73	2,34
Equity Ratio	0,78	0,67	0,63	0,57
Gross Profit Margin	36,25 %	47,65 %	47,7 %	42,61 %