VARME AS

5068 BERGEN

Finances

Share Ownership

Return on Equity

18,21 %

Current Ratio

3,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 229 000	60 154 000	50 801 000	40 293 000
Net Income	4 472 000	9 012 000	5 423 000	1 194 000
Total Assets	33 027 000	33 469 000	27 245 000	20 572 000
Total Equity	24 560 000	23 088 000	18 077 000	15 653 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 229 000	60 154 000	50 801 000	40 293 000
Expenditure	43 380 000	48 132 000	42 807 000	37 578 000
Operating Profit	5 698 000	11 547 000	6 953 000	1 516 000
Financial Income	48 000	20 000	17 000	25 000
Financial Costs	2 000	0	0	1 000
Financial Balance	46 000	20 000	17 000	24 000
Earnings Before Tax	5 743 000	11 568 000	6 971 000	1 540 000
Tax	1 271 000	2 556 000	1 547 000	346 000
Net Income	4 472 000	9 012 000	5 423 000	1 194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 426 000	2 038 000	1 977 000	1 323 000
Total Current Assets	30 600 000	31 431 000	25 269 000	19 249 000
Total Assets	33 027 000	33 469 000	27 245 000	20 572 000
Total Retained Equity	24 490 000	23 018 000	18 007 000	15 583 000
Total Equity	24 560 000	23 088 000	18 077 000	15 653 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 467 000	10 381 000	9 169 000	4 919 000
Total Equity and Debt	33 027 000	33 469 000	27 245 000	20 572 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 226 000	60 151 000	50 801 000	40 293 000
Other Income	3 000	3 000	0	0
Revenue	50 229 000	60 154 000	50 801 000	40 293 000
Cost of Goods Sold	28 601 000	34 204 000	29 542 000	23 913 000
Salary Costs	8 672 000	9 346 000	8 198 000	8 309 000
Depreciation	701 000	359 000	301 000	307 000
Impairment	0	0	0	0
Expenditure	43 380 000	48 132 000	42 807 000	37 578 000
Operating Profit	5 698 000	11 547 000	6 953 000	1 516 000
Financial Income	48 000	20 000	17 000	25 000
Financial Costs	2 000	0	0	1 000
Financial Balance	46 000	20 000	17 000	24 000
Dividends	3 000 000	0	3 000 000	1 194 000
Net Income	4 472 000	9 012 000	5 423 000	1 194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	155 000	99 000	115 000	99 000
Real Eastate	366 000	407 000	340 000	336 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 905 000	1 533 000	637 000	888 000
Total Tangible Assets	2 271 000	1 939 000	976 000	1 224 000
Total Fiancial Fixed Assets	0	0	885 000	0
Total Fixed Assets	2 426 000	2 038 000	1 977 000	1 323 000
Stock	15 992 000	15 822 000	12 251 000	12 593 000
Total Investments	0	0	0	0
Cash, Bank	10 256 000	10 456 000	9 026 000	3 819 000
Total Current Assets	30 600 000	31 431 000	25 269 000	19 249 000
Total Assets	33 027 000	33 469 000	27 245 000	20 572 000
Total Equity	24 560 000	23 088 000	18 077 000	15 653 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	588 000	710 000	2 262 000	469 000
Unpaid Taxes	2 120 000	2 036 000	799 000	1 613 000
Dividends	3 000 000	0	3 000 000	1 194 000
Other Current Debt	1 431 000	5 095 000	1 544 000	1 291 000
Total Current Debt	8 467 000	10 381 000	9 169 000	4 919 000
Total Equity and Debt	33 027 000	33 469 000	27 245 000	20 572 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,21 %	39,03 %	30 %	7,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,34 %	19,2 %	13,69 %	3,76 %
Current Ratio	3,61	3,03	2,76	3,91
Quick Ratio	−4,07	−5,78	−8,2	−2,51
Equity Ratio	0,74	0,69	0,66	0,76
Gross Profit Margin	43,06 %	43,14 %	41,85 %	40,65 %