VARME & KULDE SERVICE AS

8906 BRØNNØYSUND

Finances

Share Ownership

Return on Equity

2,89 %

Current Ratio

1,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 306 000	2 994 000	2 865 000	3 160 000
Net Income	13 000	373 000	−37 000	−73 000
Total Assets	1 038 000	935 000	699 000	772 000
Total Equity	450 000	436 000	63 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 306 000	2 994 000	2 865 000	3 160 000
Expenditure	3 287 000	2 572 000	2 895 000	3 220 000
Operating Profit	19 000	421 000	−29 000	−60 000
Financial Income	0	0	0	0
Financial Costs	4 000	1 000	8 000	13 000
Financial Balance	−4 000	−1 000	−8 000	−13 000
Earnings Before Tax	15 000	420 000	−37 000	−73 000
Tax	2 000	46 000	0	0
Net Income	13 000	373 000	−37 000	−73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	4 000
Total Current Assets	1 038 000	935 000	699 000	769 000
Total Assets	1 038 000	935 000	699 000	772 000
Total Retained Equity	350 000	336 000	−37 000	0
Total Equity	450 000	436 000	63 000	100 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	588 000	498 000	636 000	672 000
Total Equity and Debt	1 038 000	935 000	699 000	772 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 306 000	2 994 000	2 864 000	3 160 000
Other Income	0	0	1 000	0
Revenue	3 306 000	2 994 000	2 865 000	3 160 000
Cost of Goods Sold	1 719 000	1 526 000	1 755 000	2 033 000
Salary Costs	1 070 000	544 000	609 000	679 000
Depreciation	0	0	4 000	6 000
Impairment	0	0	0	0
Expenditure	3 287 000	2 572 000	2 895 000	3 220 000
Operating Profit	19 000	421 000	−29 000	−60 000
Financial Income	0	0	0	0
Financial Costs	4 000	1 000	8 000	13 000
Financial Balance	−4 000	−1 000	−8 000	−13 000
Dividends	0	0	0	0
Net Income	13 000	373 000	−37 000	−73 000

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	0	0	0	4 000
Total Tangible Assets	0	0	0	4 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	4 000
Stock	108 000	108 000	108 000	108 000
Total Investments	0	0	0	0
Cash, Bank	227 000	401 000	206 000	214 000
Total Current Assets	1 038 000	935 000	699 000	769 000
Total Assets	1 038 000	935 000	699 000	772 000
Total Equity	450 000	436 000	63 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	288 000	286 000	220 000	327 000
Unpaid Taxes	150 000	50 000	104 000	106 000
Dividends	0	0	0	0
Other Current Debt	148 000	117 000	312 000	239 000
Total Current Debt	588 000	498 000	636 000	672 000
Total Equity and Debt	1 038 000	935 000	699 000	772 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,89 %	85,55 %	−58,73 %	−73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,57 %	14,06 %	−1,01 %	−1,9 %
Current Ratio	1,77	1,88	1,1	1,14
Quick Ratio	2,16	2,4	1,32	1,36
Equity Ratio	0,43	0,47	0,09	0,13
Gross Profit Margin	48 %	49,03 %	38,74 %	35,66 %