VARMETEMA ING. BRATLIE AS

2335 STANGE

Finances

Share Ownership

Return on Equity

16,46 %

Current Ratio

1,87

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 669 000	21 258 000	16 099 000	16 129 000
Net Income	468 000	390 000	224 000	450 000
Total Assets	9 287 000	8 388 000	5 595 000	6 390 000
Total Equity	2 843 000	2 375 000	1 985 000	1 717 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 669 000	21 258 000	16 099 000	16 129 000
Expenditure	20 857 000	20 568 000	15 626 000	15 345 000
Operating Profit	813 000	690 000	472 000	783 000
Financial Income	1 000	17 000	2 000	4 000
Financial Costs	231 000	212 000	177 000	177 000
Financial Balance	−230 000	−195 000	−175 000	−173 000
Earnings Before Tax	582 000	495 000	297 000	610 000
Tax	114 000	105 000	73 000	160 000
Net Income	468 000	390 000	224 000	450 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	948 000	411 000	221 000	307 000
Total Current Assets	8 339 000	7 977 000	5 374 000	6 083 000
Total Assets	9 287 000	8 388 000	5 595 000	6 390 000
Total Retained Equity	1 643 000	1 175 000	785 000	517 000
Total Equity	2 843 000	2 375 000	1 985 000	1 717 000
Total Long-Term Debt	1 996 000	1 604 000	907 000	1 099 000
Total Current Debt	4 448 000	4 409 000	2 704 000	3 574 000
Total Equity and Debt	9 287 000	8 388 000	5 595 000	6 390 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 643 000	21 250 000	16 095 000	16 120 000
Other Income	26 000	8 000	4 000	8 000
Revenue	21 669 000	21 258 000	16 099 000	16 129 000
Cost of Goods Sold	13 576 000	14 320 000	10 042 000	9 354 000
Salary Costs	5 042 000	4 503 000	3 983 000	4 103 000
Depreciation	143 000	109 000	111 000	106 000
Impairment	0	0	0	0
Expenditure	20 857 000	20 568 000	15 626 000	15 345 000
Operating Profit	813 000	690 000	472 000	783 000
Financial Income	1 000	17 000	2 000	4 000
Financial Costs	231 000	212 000	177 000	177 000
Financial Balance	−230 000	−195 000	−175 000	−173 000
Dividends	0	0	0	200 000
Net Income	468 000	390 000	224 000	450 000

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	948 000	411 000	221 000	307 000
Total Tangible Assets	948 000	411 000	221 000	307 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	948 000	411 000	221 000	307 000
Stock	6 667 000	5 842 000	4 685 000	4 992 000
Total Investments	0	0	0	0
Cash, Bank	76 000	55 000	66 000	74 000
Total Current Assets	8 339 000	7 977 000	5 374 000	6 083 000
Total Assets	9 287 000	8 388 000	5 595 000	6 390 000
Total Equity	2 843 000	2 375 000	1 985 000	1 717 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 996 000	1 604 000	907 000	1 099 000
Creditors	1 760 000	2 023 000	742 000	1 068 000
Unpaid Taxes	800 000	423 000	714 000	484 000
Dividends	0	0	0	200 000
Other Current Debt	641 000	540 000	478 000	492 000
Total Current Debt	4 448 000	4 409 000	2 704 000	3 574 000
Total Equity and Debt	9 287 000	8 388 000	5 595 000	6 390 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,46 %	16,42 %	11,28 %	26,21 %
Debt-to-Equity Ratio	0,7	0,68	0,46	0,64
Operating Profit Margin	3,75 %	3,25 %	2,93 %	4,85 %
Current Ratio	1,87	1,81	1,99	1,7
Quick Ratio	−3,76	−5,57	−2,71	−4,29
Equity Ratio	0,31	0,28	0,35	0,27
Gross Profit Margin	37,35 %	32,64 %	37,62 %	42,01 %