VÅRHEIM JERN & MOTOR AS

9334 ØVERBYGD

Finances

Share Ownership

Return on Equity

9,35 %

Current Ratio

3,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 963 000	5 922 000	5 854 000	5 509 000
Net Income	281 000	279 000	364 000	430 000
Total Assets	4 053 000	3 778 000	3 407 000	2 815 000
Total Equity	3 006 000	2 725 000	2 446 000	2 082 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 963 000	5 922 000	5 854 000	5 509 000
Expenditure	5 580 000	5 543 000	5 362 000	5 038 000
Operating Profit	383 000	379 000	491 000	471 000
Financial Income	0	1 000	0	0
Financial Costs	22 000	23 000	25 000	23 000
Financial Balance	−22 000	−22 000	−25 000	−23 000
Earnings Before Tax	361 000	357 000	467 000	448 000
Tax	79 000	79 000	103 000	18 000
Net Income	281 000	279 000	364 000	430 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	663 000	784 000	678 000	411 000
Total Current Assets	3 390 000	2 995 000	2 729 000	2 404 000
Total Assets	4 053 000	3 778 000	3 407 000	2 815 000
Total Retained Equity	1 206 000	925 000	646 000	282 000
Total Equity	3 006 000	2 725 000	2 446 000	2 082 000
Total Long-Term Debt	6 000	14 000	23 000	7 000
Total Current Debt	1 040 000	1 039 000	938 000	725 000
Total Equity and Debt	4 053 000	3 778 000	3 407 000	2 815 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 964 000	5 920 000	5 853 000	5 509 000
Other Income	−2 000	2 000	1 000	0
Revenue	5 963 000	5 922 000	5 854 000	5 509 000
Cost of Goods Sold	2 009 000	1 820 000	2 113 000	2 056 000
Salary Costs	2 385 000	2 700 000	2 366 000	1 989 000
Depreciation	174 000	156 000	107 000	53 000
Impairment	0	0	0	0
Expenditure	5 580 000	5 543 000	5 362 000	5 038 000
Operating Profit	383 000	379 000	491 000	471 000
Financial Income	0	1 000	0	0
Financial Costs	22 000	23 000	25 000	23 000
Financial Balance	−22 000	−22 000	−25 000	−23 000
Dividends	0	0	0	0
Net Income	281 000	279 000	364 000	430 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	62 000	72 000	0	0
Machinery and Plant Facilities	256 000	336 000	223 000	72 000
Fixtures	346 000	376 000	455 000	339 000
Total Tangible Assets	663 000	784 000	678 000	411 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	663 000	784 000	678 000	411 000
Stock	2 660 000	2 599 000	1 899 000	1 826 000
Total Investments	0	0	0	0
Cash, Bank	546 000	142 000	473 000	95 000
Total Current Assets	3 390 000	2 995 000	2 729 000	2 404 000
Total Assets	4 053 000	3 778 000	3 407 000	2 815 000
Total Equity	3 006 000	2 725 000	2 446 000	2 082 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	14 000	23 000	7 000
Creditors	591 000	440 000	349 000	333 000
Unpaid Taxes	86 000	218 000	195 000	187 000
Dividends	0	0	0	0
Other Current Debt	276 000	294 000	307 000	195 000
Total Current Debt	1 040 000	1 039 000	938 000	725 000
Total Equity and Debt	4 053 000	3 778 000	3 407 000	2 815 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,35 %	10,24 %	14,88 %	20,65 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	6,42 %	6,4 %	8,39 %	8,55 %
Current Ratio	3,26	2,88	2,91	3,32
Quick Ratio	−2,09	−1,92	−2,84	−2,18
Equity Ratio	0,74	0,72	0,72	0,74
Gross Profit Margin	66,31 %	69,27 %	63,91 %	62,68 %