VARMEPUMPESERVICE AS

4628 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

57,89 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	250 254 000	179 270 000	118 927 000	117 950 000
Net Income	14 577 000	10 449 000	307 000	1 973 000
Total Assets	71 191 000	40 797 000	20 599 000	22 104 000
Total Equity	25 179 000	13 531 000	6 082 000	5 774 000

Income (NOK)	2022	2021	2020	2019
Revenue	250 254 000	179 270 000	118 927 000	117 950 000
Expenditure	228 781 000	164 420 000	117 119 000	114 363 000
Operating Profit	21 473 000	14 850 000	1 808 000	3 588 000
Financial Income	484 000	287 000	673 000	428 000
Financial Costs	3 189 000	1 695 000	2 070 000	1 456 000
Financial Balance	−2 705 000	−1 408 000	−1 397 000	−1 028 000
Earnings Before Tax	18 767 000	13 442 000	412 000	2 559 000
Tax	4 190 000	2 993 000	105 000	586 000
Net Income	14 577 000	10 449 000	307 000	1 973 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 955 000	1 938 000	1 819 000	1 158 000
Total Current Assets	65 237 000	38 859 000	18 779 000	20 946 000
Total Assets	71 191 000	40 797 000	20 599 000	22 104 000
Total Retained Equity	24 490 000	12 842 000	5 393 000	5 085 000
Total Equity	25 179 000	13 531 000	6 082 000	5 774 000
Total Long-Term Debt	5 608 000	488 000	602 000	708 000
Total Current Debt	40 404 000	26 777 000	13 915 000	15 622 000
Total Equity and Debt	71 191 000	40 797 000	20 599 000	22 104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	250 215 000	179 170 000	118 924 000	117 950 000
Other Income	38 000	100 000	3 000	0
Revenue	250 254 000	179 270 000	118 927 000	117 950 000
Cost of Goods Sold	200 781 000	142 343 000	99 344 000	98 280 000
Salary Costs	13 028 000	10 998 000	6 969 000	6 979 000
Depreciation	1 339 000	597 000	268 000	224 000
Impairment	0	0	0	0
Expenditure	228 781 000	164 420 000	117 119 000	114 363 000
Operating Profit	21 473 000	14 850 000	1 808 000	3 588 000
Financial Income	484 000	287 000	673 000	428 000
Financial Costs	3 189 000	1 695 000	2 070 000	1 456 000
Financial Balance	−2 705 000	−1 408 000	−1 397 000	−1 028 000
Dividends	2 508 000	0	0	0
Net Income	14 577 000	10 449 000	307 000	1 973 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	795 000	1 178 000	1 051 000	190 000
Real Eastate	3 887 000	106 000	158 000	235 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 256 000	629 000	572 000	677 000
Total Tangible Assets	5 144 000	736 000	730 000	912 000
Total Fiancial Fixed Assets	16 000	24 000	39 000	56 000
Total Fixed Assets	5 955 000	1 938 000	1 819 000	1 158 000
Stock	23 189 000	17 803 000	10 627 000	13 548 000
Total Investments	0	0	0	0
Cash, Bank	6 222 000	545 000	560 000	316 000
Total Current Assets	65 237 000	38 859 000	18 779 000	20 946 000
Total Assets	71 191 000	40 797 000	20 599 000	22 104 000
Total Equity	25 179 000	13 531 000	6 082 000	5 774 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 608 000	488 000	602 000	708 000
Creditors	6 216 000	4 981 000	5 829 000	5 142 000
Unpaid Taxes	8 613 000	5 567 000	3 488 000	2 846 000
Dividends	2 508 000	0	0	0
Other Current Debt	5 540 000	5 473 000	1 906 000	1 617 000
Total Current Debt	40 404 000	26 777 000	13 915 000	15 622 000
Total Equity and Debt	71 191 000	40 797 000	20 599 000	22 104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,89 %	77,22 %	5,05 %	34,17 %
Debt-to-Equity Ratio	0,22	0,04	0,1	0,12
Operating Profit Margin	8,58 %	8,28 %	1,52 %	3,04 %
Current Ratio	1,61	1,45	1,35	1,34
Quick Ratio	3,79	4,33	5,71	10,1
Equity Ratio	0,35	0,33	0,3	0,26
Gross Profit Margin	19,77 %	20,6 %	16,47 %	16,68 %