VATEK VARME OG ENERGITEKNIKK AS

0581 OSLO

Finances

Share Ownership

Return on Equity

16,6 %

Current Ratio

3,47

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 888 000	11 524 000	24 629 000	22 303 000
Net Income	751 000	279 000	1 666 000	1 376 000
Total Assets	10 663 000	11 537 000	13 427 000	14 283 000
Total Equity	4 523 000	4 022 000	3 743 000	3 077 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 888 000	11 524 000	24 629 000	22 303 000
Expenditure	11 964 000	11 212 000	22 205 000	20 607 000
Operating Profit	−76 000	312 000	2 424 000	1 697 000
Financial Income	875 000	51 000	52 000	30 000
Financial Costs	48 000	50 000	67 000	71 000
Financial Balance	827 000	1 000	−15 000	−41 000
Earnings Before Tax	751 000	313 000	2 408 000	1 656 000
Tax	0	34 000	742 000	280 000
Net Income	751 000	279 000	1 666 000	1 376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	973 000	958 000	1 083 000	1 293 000
Total Current Assets	9 690 000	10 579 000	12 344 000	12 990 000
Total Assets	10 663 000	11 537 000	13 427 000	14 283 000
Total Retained Equity	4 323 000	3 822 000	3 543 000	2 877 000
Total Equity	4 523 000	4 022 000	3 743 000	3 077 000
Total Long-Term Debt	3 344 000	4 179 000	658 000	854 000
Total Current Debt	2 796 000	3 336 000	9 026 000	10 352 000
Total Equity and Debt	10 663 000	11 537 000	13 427 000	14 283 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 888 000	11 524 000	24 629 000	22 300 000
Other Income	0	0	0	3 000
Revenue	11 888 000	11 524 000	24 629 000	22 303 000
Cost of Goods Sold	5 500 000	4 001 000	12 124 000	12 725 000
Salary Costs	4 527 000	5 221 000	6 658 000	5 529 000
Depreciation	337 000	314 000	305 000	226 000
Impairment	0	0	0	0
Expenditure	11 964 000	11 212 000	22 205 000	20 607 000
Operating Profit	−76 000	312 000	2 424 000	1 697 000
Financial Income	875 000	51 000	52 000	30 000
Financial Costs	48 000	50 000	67 000	71 000
Financial Balance	827 000	1 000	−15 000	−41 000
Dividends	250 000	0	1 000 000	1 000 000
Net Income	751 000	279 000	1 666 000	1 376 000

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	973 000	732 000	858 000	1 067 000
Total Tangible Assets	973 000	732 000	858 000	1 067 000
Total Fiancial Fixed Assets	0	225 000	225 000	225 000
Total Fixed Assets	973 000	958 000	1 083 000	1 293 000
Stock	710 000	817 000	804 000	1 254 000
Total Investments	0	0	0	0
Cash, Bank	1 496 000	921 000	2 085 000	792 000
Total Current Assets	9 690 000	10 579 000	12 344 000	12 990 000
Total Assets	10 663 000	11 537 000	13 427 000	14 283 000
Total Equity	4 523 000	4 022 000	3 743 000	3 077 000
Short-Term Group Debt	0	0	1 505 000	3 728 000
Total Long-Term Debt	3 344 000	4 179 000	658 000	854 000
Creditors	1 385 000	730 000	2 467 000	3 248 000
Unpaid Taxes	351 000	1 117 000	946 000	1 042 000
Dividends	250 000	0	1 000 000	1 000 000
Other Current Debt	809 000	1 455 000	2 366 000	1 054 000
Total Current Debt	2 796 000	3 336 000	9 026 000	10 352 000
Total Equity and Debt	10 663 000	11 537 000	13 427 000	14 283 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,6 %	6,94 %	44,51 %	44,72 %
Debt-to-Equity Ratio	0,74	1,04	0,18	0,28
Operating Profit Margin	−0,64 %	2,71 %	9,84 %	7,61 %
Current Ratio	3,47	3,17	1,37	1,25
Quick Ratio	4,65	4,2	1,5	1,43
Equity Ratio	0,42	0,35	0,28	0,22
Gross Profit Margin	53,73 %	65,28 %	50,77 %	42,94 %