VARIA MEK VERKSTED AS

1481 HAGAN

Finances

Share Ownership

Return on Equity

89,53 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 161 000	37 230 000	33 896 000	30 773 000
Net Income	6 086 000	5 509 000	3 765 000	3 603 000
Total Assets	20 300 000	18 639 000	15 677 000	13 649 000
Total Equity	6 798 000	5 712 000	5 203 000	4 938 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 161 000	37 230 000	33 896 000	30 773 000
Expenditure	31 472 000	30 248 000	29 139 000	26 265 000
Operating Profit	7 688 000	6 982 000	4 757 000	4 508 000
Financial Income	145 000	82 000	91 000	117 000
Financial Costs	24 000	0	16 000	5 000
Financial Balance	121 000	82 000	75 000	112 000
Earnings Before Tax	7 809 000	7 064 000	4 832 000	4 620 000
Tax	1 723 000	1 555 000	1 067 000	1 017 000
Net Income	6 086 000	5 509 000	3 765 000	3 603 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	408 000	460 000	1 029 000	637 000
Total Current Assets	19 892 000	18 179 000	14 648 000	13 012 000
Total Assets	20 300 000	18 639 000	15 677 000	13 649 000
Total Retained Equity	6 598 000	5 512 000	5 003 000	4 738 000
Total Equity	6 798 000	5 712 000	5 203 000	4 938 000
Total Long-Term Debt	100 000	100 000	100 000	100 000
Total Current Debt	13 402 000	12 827 000	10 374 000	8 611 000
Total Equity and Debt	20 300 000	18 639 000	15 677 000	13 649 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 154 000	37 230 000	33 855 000	30 773 000
Other Income	6 000	0	40 000	0
Revenue	39 161 000	37 230 000	33 896 000	30 773 000
Cost of Goods Sold	9 213 000	7 298 000	7 902 000	5 278 000
Salary Costs	16 276 000	14 858 000	13 366 000	13 851 000
Depreciation	164 000	147 000	238 000	181 000
Impairment	0	0	0	0
Expenditure	31 472 000	30 248 000	29 139 000	26 265 000
Operating Profit	7 688 000	6 982 000	4 757 000	4 508 000
Financial Income	145 000	82 000	91 000	117 000
Financial Costs	24 000	0	16 000	5 000
Financial Balance	121 000	82 000	75 000	112 000
Dividends	5 000 000	5 000 000	3 500 000	3 300 000
Net Income	6 086 000	5 509 000	3 765 000	3 603 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	79 000	83 000	103 000	113 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	329 000	377 000	927 000	524 000
Total Tangible Assets	329 000	377 000	927 000	524 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	408 000	460 000	1 029 000	637 000
Stock	25 000	25 000	25 000	25 000
Total Investments	0	23 000	23 000	37 000
Cash, Bank	11 559 000	12 092 000	9 167 000	8 020 000
Total Current Assets	19 892 000	18 179 000	14 648 000	13 012 000
Total Assets	20 300 000	18 639 000	15 677 000	13 649 000
Total Equity	6 798 000	5 712 000	5 203 000	4 938 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	100 000	100 000	100 000
Creditors	807 000	1 014 000	1 681 000	366 000
Unpaid Taxes	2 523 000	2 272 000	1 842 000	1 998 000
Dividends	5 000 000	5 000 000	3 500 000	3 300 000
Other Current Debt	3 353 000	3 006 000	2 295 000	1 920 000
Total Current Debt	13 402 000	12 827 000	10 374 000	8 611 000
Total Equity and Debt	20 300 000	18 639 000	15 677 000	13 649 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,53 %	96,45 %	72,36 %	72,96 %
Debt-to-Equity Ratio	0,01	0,02	0,02	0,02
Operating Profit Margin	19,63 %	18,75 %	14,03 %	14,65 %
Current Ratio	1,48	1,42	1,41	1,51
Quick Ratio	1,49	1,42	1,42	1,52
Equity Ratio	0,33	0,31	0,33	0,36
Gross Profit Margin	76,47 %	80,4 %	76,69 %	82,85 %