VARM I VOLLEN AS

1390 VOLLEN

Finances

Share Ownership

Return on Equity

29,88 %

Current Ratio

3,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	501 000	441 000	239 000	151 000
Net Income	121 000	153 000	75 000	34 000
Total Assets	462 000	353 000	336 000	464 000
Total Equity	405 000	284 000	131 000	56 000

Income (NOK)	2022	2021	2020	2019
Revenue	501 000	441 000	239 000	151 000
Expenditure	347 000	233 000	139 000	108 000
Operating Profit	155 000	207 000	99 000	42 000
Financial Income	0	0	0	0
Financial Costs	0	11 000	4 000	0
Financial Balance	0	−11 000	−4 000	0
Earnings Before Tax	155 000	197 000	96 000	42 000
Tax	34 000	43 000	21 000	7 000
Net Income	121 000	153 000	75 000	34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	258 000	287 000	319 000	355 000
Total Current Assets	203 000	66 000	17 000	109 000
Total Assets	462 000	353 000	336 000	464 000
Total Retained Equity	383 000	262 000	109 000	34 000
Total Equity	405 000	284 000	131 000	56 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	57 000	69 000	205 000	407 000
Total Equity and Debt	462 000	353 000	336 000	464 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	501 000	441 000	239 000	151 000
Other Income	0	0	0	0
Revenue	501 000	441 000	239 000	151 000
Cost of Goods Sold	62 000	133 000	39 000	1 000
Salary Costs	118 000	0	0	8 000
Depreciation	29 000	32 000	35 000	39 000
Impairment	0	0	0	0
Expenditure	347 000	233 000	139 000	108 000
Operating Profit	155 000	207 000	99 000	42 000
Financial Income	0	0	0	0
Financial Costs	0	11 000	4 000	0
Financial Balance	0	−11 000	−4 000	0
Dividends	0	0	0	0
Net Income	121 000	153 000	75 000	34 000

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	0	0	0	0
Fixtures	258 000	287 000	319 000	355 000
Total Tangible Assets	258 000	287 000	319 000	355 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	258 000	287 000	319 000	355 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	190 000	63 000	17 000	109 000
Total Current Assets	203 000	66 000	17 000	109 000
Total Assets	462 000	353 000	336 000	464 000
Total Equity	405 000	284 000	131 000	56 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	20 000	0	0
Unpaid Taxes	8 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	5 000	184 000	400 000
Total Current Debt	57 000	69 000	205 000	407 000
Total Equity and Debt	462 000	353 000	336 000	464 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,88 %	53,87 %	57,25 %	60,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,94 %	46,94 %	41,42 %	27,81 %
Current Ratio	3,56	0,96	0,08	0,27
Quick Ratio	3,56	0,96	0,08	0,27
Equity Ratio	0,88	0,8	0,39	0,12
Gross Profit Margin	87,62 %	69,84 %	83,68 %	99,34 %