VARMBO HOLDING AS

7037 TRONDHEIM

Finances

Return on Equity

22,63 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	136 691 000	186 548 000	201 220 000	175 602 000
Net Income	22 042 000	16 349 000	19 291 000	21 076 000
Total Assets	374 363 000	217 879 000	227 219 000	253 345 000
Total Equity	97 398 000	87 058 000	76 433 000	66 094 000

Income (NOK)	2022	2021	2020	2019
Revenue	136 691 000	186 548 000	201 220 000	175 602 000
Expenditure	99 318 000	159 839 000	169 169 000	140 478 000
Operating Profit	37 374 000	26 710 000	32 050 000	35 124 000
Financial Income	546 000	33 000	579 000	393 000
Financial Costs	9 810 000	5 736 000	7 560 000	8 453 000
Financial Balance	−9 264 000	−5 703 000	−6 981 000	−8 060 000
Earnings Before Tax	28 110 000	21 007 000	25 070 000	27 064 000
Tax	6 067 000	4 658 000	5 779 000	5 988 000
Net Income	22 042 000	16 349 000	19 291 000	21 076 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 083 000	18 108 000	16 199 000	13 403 000
Total Current Assets	350 280 000	199 771 000	211 020 000	239 942 000
Total Assets	374 363 000	217 879 000	227 219 000	253 345 000
Total Retained Equity	96 670 000	86 306 000	75 927 000	65 588 000
Total Equity	97 398 000	87 058 000	76 433 000	66 094 000
Total Long-Term Debt	76 169 000	49 078 000	30 425 000	26 906 000
Total Current Debt	200 796 000	81 743 000	120 361 000	160 346 000
Total Equity and Debt	374 363 000	217 879 000	227 219 000	253 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	127 214 000	181 281 000	198 579 000	173 351 000
Other Income	9 477 000	5 267 000	2 640 000	2 251 000
Revenue	136 691 000	186 548 000	201 220 000	175 602 000
Cost of Goods Sold	53 480 000	119 375 000	124 809 000	100 244 000
Salary Costs	32 045 000	28 573 000	32 068 000	28 958 000
Depreciation	540 000	299 000	291 000	376 000
Impairment	0	0	0	0
Expenditure	99 318 000	159 839 000	169 169 000	140 478 000
Operating Profit	37 374 000	26 710 000	32 050 000	35 124 000
Financial Income	546 000	33 000	579 000	393 000
Financial Costs	9 810 000	5 736 000	7 560 000	8 453 000
Financial Balance	−9 264 000	−5 703 000	−6 981 000	−8 060 000
Dividends	0	0	0	0
Net Income	22 042 000	16 349 000	19 291 000	21 076 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	120 000
Real Eastate	18 258 000	14 141 000	10 214 000	7 199 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 105 000	998 000	544 000	612 000
Total Tangible Assets	21 363 000	15 138 000	10 759 000	7 811 000
Total Fiancial Fixed Assets	2 720 000	2 970 000	5 440 000	5 472 000
Total Fixed Assets	24 083 000	18 108 000	16 199 000	13 403 000
Stock	253 116 000	117 597 000	93 231 000	155 820 000
Total Investments	0	0	0	0
Cash, Bank	10 101 000	7 308 000	19 648 000	18 936 000
Total Current Assets	350 280 000	199 771 000	211 020 000	239 942 000
Total Assets	374 363 000	217 879 000	227 219 000	253 345 000
Total Equity	97 398 000	87 058 000	76 433 000	66 094 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	76 169 000	49 078 000	30 425 000	26 906 000
Creditors	12 124 000	7 227 000	4 323 000	9 690 000
Unpaid Taxes	2 044 000	2 316 000	2 746 000	4 211 000
Dividends	0	0	0	0
Other Current Debt	18 323 000	10 069 000	3 989 000	10 751 000
Total Current Debt	200 796 000	81 743 000	120 361 000	160 346 000
Total Equity and Debt	374 363 000	217 879 000	227 219 000	253 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,63 %	18,78 %	25,24 %	31,89 %
Debt-to-Equity Ratio	0,78	0,56	0,4	0,41
Operating Profit Margin	27,34 %	14,32 %	15,93 %	20 %
Current Ratio	1,74	2,44	1,75	1,5
Quick Ratio	−6,69	−5,57	7,78	53,01
Equity Ratio	0,26	0,4	0,34	0,26
Gross Profit Margin	60,88 %	36,01 %	37,97 %	42,91 %