VAROMA AS

0694 OSLO

Finances

Share Ownership

Return on Equity

3,27 %

Current Ratio

1,56

Debt-to-Equity Ratio

−1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 496 000	26 926 000	31 152 000	34 158 000
Net Income	−425 000	519 000	1 223 000	1 244 000
Total Assets	10 721 000	12 954 000	8 673 000	8 908 000
Total Equity	−12 985 000	−12 560 000	−13 079 000	−14 302 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 496 000	26 926 000	31 152 000	34 158 000
Expenditure	31 149 000	26 096 000	29 356 000	32 310 000
Operating Profit	347 000	830 000	1 796 000	1 848 000
Financial Income	20 000	25 000	117 000	53 000
Financial Costs	792 000	337 000	689 000	658 000
Financial Balance	−772 000	−312 000	−572 000	−605 000
Earnings Before Tax	−425 000	519 000	1 223 000	1 244 000
Tax	0	0	0	0
Net Income	−425 000	519 000	1 223 000	1 244 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 847 000	552 000	190 000	203 000
Total Current Assets	8 874 000	12 402 000	8 482 000	8 706 000
Total Assets	10 721 000	12 954 000	8 673 000	8 908 000
Total Retained Equity	−16 095 000	−15 670 000	−16 189 000	−17 412 000
Total Equity	−12 985 000	−12 560 000	−13 079 000	−14 302 000
Total Long-Term Debt	18 000 000	18 000 000	18 000 000	18 000 000
Total Current Debt	5 706 000	7 514 000	3 752 000	5 211 000
Total Equity and Debt	10 721 000	12 954 000	8 673 000	8 908 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 307 000	26 409 000	30 325 000	34 154 000
Other Income	189 000	517 000	827 000	5 000
Revenue	31 496 000	26 926 000	31 152 000	34 158 000
Cost of Goods Sold	8 502 000	7 645 000	11 196 000	11 687 000
Salary Costs	11 521 000	8 582 000	8 398 000	9 483 000
Depreciation	455 000	86 000	43 000	27 000
Impairment	0	0	0	0
Expenditure	31 149 000	26 096 000	29 356 000	32 310 000
Operating Profit	347 000	830 000	1 796 000	1 848 000
Financial Income	20 000	25 000	117 000	53 000
Financial Costs	792 000	337 000	689 000	658 000
Financial Balance	−772 000	−312 000	−572 000	−605 000
Dividends	0	0	0	0
Net Income	−425 000	519 000	1 223 000	1 244 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	22 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 687 000	393 000	32 000	23 000
Total Tangible Assets	1 687 000	393 000	32 000	23 000
Total Fiancial Fixed Assets	160 000	159 000	159 000	158 000
Total Fixed Assets	1 847 000	552 000	190 000	203 000
Stock	3 590 000	3 114 000	2 159 000	3 224 000
Total Investments	0	0	0	0
Cash, Bank	672 000	439 000	1 368 000	447 000
Total Current Assets	8 874 000	12 402 000	8 482 000	8 706 000
Total Assets	10 721 000	12 954 000	8 673 000	8 908 000
Total Equity	−12 985 000	−12 560 000	−13 079 000	−14 302 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 000 000	18 000 000	18 000 000	18 000 000
Creditors	1 425 000	1 368 000	1 737 000	2 312 000
Unpaid Taxes	1 598 000	1 584 000	1 060 000	1 664 000
Dividends	0	0	0	0
Other Current Debt	1 005 000	1 029 000	955 000	770 000
Total Current Debt	5 706 000	7 514 000	3 752 000	5 211 000
Total Equity and Debt	10 721 000	12 954 000	8 673 000	8 908 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,27 %	−4,13 %	−9,35 %	−8,7 %
Debt-to-Equity Ratio	−1,39	−1,43	−1,38	−1,26
Operating Profit Margin	1,1 %	3,08 %	5,77 %	5,41 %
Current Ratio	1,56	1,65	2,26	1,67
Quick Ratio	4,19	2,82	5,32	4,38
Equity Ratio	−1,21	−0,97	−1,51	−1,61
Gross Profit Margin	73,01 %	71,61 %	64,06 %	65,79 %