VARME & SANITÆRTEKNIKK AS

1336 SANDVIKA

Finances

Return on Equity

116,89 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 928 000	5 847 000	6 948 000	6 945 000
Net Income	962 000	848 000	463 000	466 000
Total Assets	2 603 000	1 910 000	2 083 000	1 996 000
Total Equity	823 000	461 000	594 000	631 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 928 000	5 847 000	6 948 000	6 945 000
Expenditure	5 707 000	4 768 000	6 361 000	6 356 000
Operating Profit	1 221 000	1 079 000	587 000	589 000
Financial Income	10 000	6 000	7 000	7 000
Financial Costs	0	0	0	0
Financial Balance	10 000	6 000	7 000	7 000
Earnings Before Tax	1 231 000	1 085 000	594 000	596 000
Tax	269 000	237 000	131 000	130 000
Net Income	962 000	848 000	463 000	466 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 000	72 000	138 000	152 000
Total Current Assets	2 543 000	1 838 000	1 945 000	1 843 000
Total Assets	2 603 000	1 910 000	2 083 000	1 996 000
Total Retained Equity	723 000	361 000	494 000	531 000
Total Equity	823 000	461 000	594 000	631 000
Total Long-Term Debt	1 000	2 000	0	0
Total Current Debt	1 779 000	1 447 000	1 490 000	1 365 000
Total Equity and Debt	2 603 000	1 910 000	2 083 000	1 996 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 928 000	5 843 000	6 946 000	6 944 000
Other Income	1 000	4 000	2 000	1 000
Revenue	6 928 000	5 847 000	6 948 000	6 945 000
Cost of Goods Sold	2 972 000	2 295 000	2 729 000	2 725 000
Salary Costs	1 713 000	1 537 000	2 586 000	2 379 000
Depreciation	12 000	27 000	22 000	15 000
Impairment	0	0	0	0
Expenditure	5 707 000	4 768 000	6 361 000	6 356 000
Operating Profit	1 221 000	1 079 000	587 000	589 000
Financial Income	10 000	6 000	7 000	7 000
Financial Costs	0	0	0	0
Financial Balance	10 000	6 000	7 000	7 000
Dividends	600 000	500 000	500 000	400 000
Net Income	962 000	848 000	463 000	466 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	38 000	46 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	17 000	44 000	52 000
Total Tangible Assets	5 000	17 000	44 000	52 000
Total Fiancial Fixed Assets	55 000	55 000	55 000	55 000
Total Fixed Assets	60 000	72 000	138 000	152 000
Stock	16 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 643 000	961 000	891 000	913 000
Total Current Assets	2 543 000	1 838 000	1 945 000	1 843 000
Total Assets	2 603 000	1 910 000	2 083 000	1 996 000
Total Equity	823 000	461 000	594 000	631 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	2 000	0	0
Creditors	263 000	286 000	281 000	240 000
Unpaid Taxes	210 000	161 000	229 000	247 000
Dividends	600 000	500 000	500 000	400 000
Other Current Debt	436 000	303 000	356 000	324 000
Total Current Debt	1 779 000	1 447 000	1 490 000	1 365 000
Total Equity and Debt	2 603 000	1 910 000	2 083 000	1 996 000

Financial indicators	2022	2021	2020	2019
Return on Equity	116,89 %	183,95 %	77,95 %	73,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,62 %	18,45 %	8,45 %	8,48 %
Current Ratio	1,43	1,27	1,31	1,35
Quick Ratio	1,44	1,27	1,31	1,35
Equity Ratio	0,32	0,24	0,29	0,32
Gross Profit Margin	57,1 %	60,75 %	60,72 %	60,76 %