VARMEPUMPER NORGE AS

5514 HAUGESUND

Finances

Share Ownership

Return on Equity

61,81 %

Current Ratio

2,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	972 000	350 000	437 000	0
Net Income	246 000	24 000	34 000	0
Total Assets	698 000	488 000	680 000	100 000
Total Equity	398 000	452 000	428 000	94 000

Income (NOK)	2022	2021	2020
Revenue	972 000	350 000	437 000
Expenditure	656 000	319 000	395 000
Operating Profit	316 000	30 000	42 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	316 000	30 000	42 000
Tax	70 000	7 000	8 000
Net Income	246 000	24 000	34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	114 000	229 000	0
Total Current Assets	698 000	373 000	452 000	100 000
Total Assets	698 000	488 000	680 000	100 000
Total Retained Equity	304 000	57 000	34 000	0
Total Equity	398 000	452 000	428 000	94 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	300 000	35 000	252 000	6 000
Total Equity and Debt	698 000	488 000	680 000	100 000

Cash flow (NOK)	2022	2021	2020
Sales Income	972 000	350 000	437 000
Other Income	0	0	0
Revenue	972 000	350 000	437 000
Cost of Goods Sold	0	0	50 000
Salary Costs	23 000	5 000	6 000
Depreciation	114 000	114 000	114 000
Impairment	0	0	0
Expenditure	656 000	319 000	395 000
Operating Profit	316 000	30 000	42 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	246 000	24 000	34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	114 000	229 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	114 000	229 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	373 000	299 000	354 000	100 000
Total Current Assets	698 000	373 000	452 000	100 000
Total Assets	698 000	488 000	680 000	100 000
Total Equity	398 000	452 000	428 000	94 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	44 000	0	244 000	0
Unpaid Taxes	86 000	29 000	0	0
Dividends	0	0	0	0
Other Current Debt	100 000	0	0	6 000
Total Current Debt	300 000	35 000	252 000	6 000
Total Equity and Debt	698 000	488 000	680 000	100 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,81 %	5,31 %	7,94 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	32,51 %	8,57 %	9,61 %	-
Current Ratio	2,33	10,66	1,79	16,67
Quick Ratio	2,33	10,66	1,79	16,67
Equity Ratio	0,57	0,93	0,63	0,94
Gross Profit Margin	100 %	100 %	88,56 %	-