F.V. VARETRANSPORT AS

9522 KAUTOKEINO

Finances

Share Ownership

Return on Equity

27,42 %

Current Ratio

2,29

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 828 000	5 590 000	4 901 000	4 582 000
Net Income	414 000	441 000	22 000	−24 000
Total Assets	2 735 000	2 565 000	2 305 000	2 687 000
Total Equity	1 510 000	1 296 000	1 205 000	1 183 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 828 000	5 590 000	4 901 000	4 582 000
Expenditure	5 315 000	4 995 000	4 854 000	4 578 000
Operating Profit	514 000	595 000	47 000	4 000
Financial Income	0	1 000	1 000	2 000
Financial Costs	26 000	12 000	26 000	30 000
Financial Balance	−26 000	−11 000	−25 000	−28 000
Earnings Before Tax	488 000	584 000	22 000	−24 000
Tax	74 000	142 000	0	0
Net Income	414 000	441 000	22 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	789 000	624 000	806 000	1 214 000
Total Current Assets	1 947 000	1 941 000	1 498 000	1 473 000
Total Assets	2 735 000	2 565 000	2 305 000	2 687 000
Total Retained Equity	1 410 000	1 196 000	1 105 000	1 083 000
Total Equity	1 510 000	1 296 000	1 205 000	1 183 000
Total Long-Term Debt	373 000	361 000	533 000	913 000
Total Current Debt	852 000	908 000	566 000	591 000
Total Equity and Debt	2 735 000	2 565 000	2 305 000	2 687 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 630 000	5 590 000	4 878 000	4 582 000
Other Income	199 000	0	23 000	0
Revenue	5 828 000	5 590 000	4 901 000	4 582 000
Cost of Goods Sold	249 000	504 000	211 000	163 000
Salary Costs	2 608 000	2 407 000	2 421 000	2 249 000
Depreciation	261 000	346 000	417 000	355 000
Impairment	0	0	0	0
Expenditure	5 315 000	4 995 000	4 854 000	4 578 000
Operating Profit	514 000	595 000	47 000	4 000
Financial Income	0	1 000	1 000	2 000
Financial Costs	26 000	12 000	26 000	30 000
Financial Balance	−26 000	−11 000	−25 000	−28 000
Dividends	200 000	0	0	0
Net Income	414 000	441 000	22 000	−24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	579 000	465 000	776 000	1 164 000
Total Tangible Assets	579 000	465 000	776 000	1 164 000
Total Fiancial Fixed Assets	210 000	158 000	30 000	50 000
Total Fixed Assets	789 000	624 000	806 000	1 214 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 387 000	1 376 000	1 073 000	1 112 000
Total Current Assets	1 947 000	1 941 000	1 498 000	1 473 000
Total Assets	2 735 000	2 565 000	2 305 000	2 687 000
Total Equity	1 510 000	1 296 000	1 205 000	1 183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	373 000	361 000	533 000	913 000
Creditors	115 000	203 000	137 000	241 000
Unpaid Taxes	228 000	208 000	209 000	148 000
Dividends	200 000	0	0	0
Other Current Debt	235 000	355 000	220 000	202 000
Total Current Debt	852 000	908 000	566 000	591 000
Total Equity and Debt	2 735 000	2 565 000	2 305 000	2 687 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,42 %	34,03 %	1,83 %	−2,03 %
Debt-to-Equity Ratio	0,25	0,28	0,44	0,77
Operating Profit Margin	8,82 %	10,64 %	0,96 %	0,09 %
Current Ratio	2,29	2,14	2,65	2,49
Quick Ratio	2,29	2,14	2,65	2,49
Equity Ratio	0,55	0,51	0,52	0,44
Gross Profit Margin	95,73 %	90,98 %	95,69 %	96,44 %