STAVANGER VARMESENTER AS

4016 STAVANGER

Finances

Return on Equity

295,51 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 548 000	53 713 000	49 336 000	44 710 000
Net Income	6 061 000	2 289 000	4 687 000	3 889 000
Total Assets	23 342 000	16 795 000	18 975 000	18 544 000
Total Equity	2 051 000	990 000	200 000	4 008 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 548 000	53 713 000	49 336 000	44 710 000
Expenditure	52 823 000	50 760 000	43 321 000	39 696 000
Operating Profit	7 725 000	2 953 000	6 014 000	5 013 000
Financial Income	70 000	8 000	39 000	61 000
Financial Costs	21 000	22 000	40 000	85 000
Financial Balance	49 000	−14 000	−1 000	−24 000
Earnings Before Tax	7 775 000	2 938 000	6 012 000	4 989 000
Tax	1 714 000	648 000	1 325 000	1 101 000
Net Income	6 061 000	2 289 000	4 687 000	3 889 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	397 000	263 000	379 000	586 000
Total Current Assets	22 945 000	16 532 000	18 595 000	17 958 000
Total Assets	23 342 000	16 795 000	18 975 000	18 544 000
Total Retained Equity	1 851 000	790 000	0	3 808 000
Total Equity	2 051 000	990 000	200 000	4 008 000
Total Long-Term Debt	0	0	0	1 200 000
Total Current Debt	21 291 000	15 805 000	18 774 000	13 336 000
Total Equity and Debt	23 342 000	16 795 000	18 975 000	18 544 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 548 000	53 713 000	49 316 000	44 710 000
Other Income	0	0	20 000	0
Revenue	60 548 000	53 713 000	49 336 000	44 710 000
Cost of Goods Sold	32 063 000	30 007 000	25 237 000	21 673 000
Salary Costs	12 790 000	12 850 000	11 877 000	11 684 000
Depreciation	124 000	152 000	186 000	200 000
Impairment	0	0	0	0
Expenditure	52 823 000	50 760 000	43 321 000	39 696 000
Operating Profit	7 725 000	2 953 000	6 014 000	5 013 000
Financial Income	70 000	8 000	39 000	61 000
Financial Costs	21 000	22 000	40 000	85 000
Financial Balance	49 000	−14 000	−1 000	−24 000
Dividends	5 000 000	1 500 000	8 495 000	3 000 000
Net Income	6 061 000	2 289 000	4 687 000	3 889 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	327 000	69 000	33 000	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	70 000	194 000	346 000	563 000
Total Tangible Assets	70 000	194 000	346 000	563 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	397 000	263 000	379 000	586 000
Stock	8 940 000	10 253 000	8 422 000	8 227 000
Total Investments	0	0	0	0
Cash, Bank	8 268 000	1 424 000	5 823 000	6 096 000
Total Current Assets	22 945 000	16 532 000	18 595 000	17 958 000
Total Assets	23 342 000	16 795 000	18 975 000	18 544 000
Total Equity	2 051 000	990 000	200 000	4 008 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 200 000
Creditors	1 444 000	1 907 000	691 000	428 000
Unpaid Taxes	3 215 000	2 114 000	2 870 000	2 455 000
Dividends	5 000 000	1 500 000	8 495 000	3 000 000
Other Current Debt	9 661 000	9 599 000	5 383 000	9 346 000
Total Current Debt	21 291 000	15 805 000	18 774 000	13 336 000
Total Equity and Debt	23 342 000	16 795 000	18 975 000	18 544 000

Financial indicators	2022	2021	2020	2019
Return on Equity	295,51 %	231,21 %	2 343,5 %	97,03 %
Debt-to-Equity Ratio	0	0	0	0,3
Operating Profit Margin	12,76 %	5,5 %	12,19 %	11,21 %
Current Ratio	1,08	1,05	0,99	1,35
Quick Ratio	1,86	2,98	1,8	3,51
Equity Ratio	0,09	0,06	0,01	0,22
Gross Profit Margin	47,05 %	44,13 %	48,85 %	51,53 %