VARME & VENTILASJONSSERVICE AS

3076 SANDE I VESTFOLD

Finances

Share Ownership

Return on Equity

−13,13 %

Current Ratio

36,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	473 000	1 238 000	930 000	912 000
Net Income	−131 000	−203 000	235 000	50 000
Total Assets	1 012 000	1 821 000	1 991 000	1 287 000
Total Equity	998 000	1 129 000	1 332 000	1 097 000

Income (NOK)	2022	2021	2020	2019
Revenue	473 000	1 238 000	930 000	912 000
Expenditure	606 000	1 495 000	629 000	849 000
Operating Profit	−133 000	−256 000	301 000	63 000
Financial Income	2 000	2 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	2 000	3 000
Earnings Before Tax	−131 000	−255 000	303 000	66 000
Tax	0	−52 000	68 000	16 000
Net Income	−131 000	−203 000	235 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	499 000	675 000	851 000	23 000
Total Current Assets	513 000	1 146 000	1 141 000	1 264 000
Total Assets	1 012 000	1 821 000	1 991 000	1 287 000
Total Retained Equity	898 000	1 029 000	1 232 000	997 000
Total Equity	998 000	1 129 000	1 332 000	1 097 000
Total Long-Term Debt	0	0	52 000	0
Total Current Debt	14 000	692 000	608 000	190 000
Total Equity and Debt	1 012 000	1 821 000	1 991 000	1 287 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	473 000	1 238 000	600 000	912 000
Other Income	0	0	330 000	0
Revenue	473 000	1 238 000	930 000	912 000
Cost of Goods Sold	159 000	825 000	228 000	458 000
Salary Costs	29 000	241 000	115 000	93 000
Depreciation	176 000	176 000	29 000	0
Impairment	0	0	0	0
Expenditure	606 000	1 495 000	629 000	849 000
Operating Profit	−133 000	−256 000	301 000	63 000
Financial Income	2 000	2 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	2 000	3 000
Dividends	0	0	0	0
Net Income	−131 000	−203 000	235 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	499 000	675 000	851 000	0
Total Tangible Assets	499 000	675 000	851 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	499 000	675 000	851 000	23 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	484 000	1 143 000	1 132 000	1 148 000
Total Current Assets	513 000	1 146 000	1 141 000	1 264 000
Total Assets	1 012 000	1 821 000	1 991 000	1 287 000
Total Equity	998 000	1 129 000	1 332 000	1 097 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	52 000	0
Creditors	0	0	8 000	101 000
Unpaid Taxes	14 000	167 000	−117 000	71 000
Dividends	0	0	0	0
Other Current Debt	0	524 000	717 000	11 000
Total Current Debt	14 000	692 000	608 000	190 000
Total Equity and Debt	1 012 000	1 821 000	1 991 000	1 287 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,13 %	−17,98 %	17,64 %	4,56 %
Debt-to-Equity Ratio	0	0	0,04	0
Operating Profit Margin	−28,12 %	−20,68 %	32,37 %	6,91 %
Current Ratio	36,64	1,66	1,88	6,65
Quick Ratio	36,64	1,66	1,88	6,65
Equity Ratio	0,99	0,62	0,67	0,85
Gross Profit Margin	66,38 %	33,36 %	75,48 %	49,78 %