VARME & FLIS AS

3610 KONGSBERG

Finances

Return on Equity

6,03 %

Current Ratio

2,66

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 191 000	7 772 000	7 203 000	6 306 000
Net Income	139 000	573 000	266 000	392 000
Total Assets	5 871 000	4 506 000	5 086 000	4 041 000
Total Equity	2 306 000	2 227 000	2 334 000	2 207 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 191 000	7 772 000	7 203 000	6 306 000
Expenditure	7 966 000	6 997 000	6 826 000	5 783 000
Operating Profit	226 000	774 000	377 000	524 000
Financial Income	3 000	6 000	14 000	20 000
Financial Costs	50 000	45 000	50 000	41 000
Financial Balance	−47 000	−39 000	−36 000	−21 000
Earnings Before Tax	179 000	735 000	342 000	503 000
Tax	40 000	162 000	75 000	111 000
Net Income	139 000	573 000	266 000	392 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	604 000	674 000	1 062 000	584 000
Total Current Assets	5 266 000	3 832 000	4 023 000	3 457 000
Total Assets	5 871 000	4 506 000	5 086 000	4 041 000
Total Retained Equity	2 202 000	2 123 000	2 230 000	2 103 000
Total Equity	2 306 000	2 227 000	2 334 000	2 207 000
Total Long-Term Debt	1 585 000	695 000	1 109 000	539 000
Total Current Debt	1 980 000	1 584 000	1 643 000	1 295 000
Total Equity and Debt	5 871 000	4 506 000	5 086 000	4 041 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 657 000	7 546 000	7 183 000	6 252 000
Other Income	534 000	227 000	20 000	55 000
Revenue	8 191 000	7 772 000	7 203 000	6 306 000
Cost of Goods Sold	4 111 000	4 224 000	4 271 000	3 033 000
Salary Costs	1 799 000	1 493 000	1 434 000	1 672 000
Depreciation	224 000	232 000	172 000	115 000
Impairment	0	0	0	0
Expenditure	7 966 000	6 997 000	6 826 000	5 783 000
Operating Profit	226 000	774 000	377 000	524 000
Financial Income	3 000	6 000	14 000	20 000
Financial Costs	50 000	45 000	50 000	41 000
Financial Balance	−47 000	−39 000	−36 000	−21 000
Dividends	60 000	0	0	0
Net Income	139 000	573 000	266 000	392 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	11 000	5 000	27 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	30 000	27 000	13 000	1 000
Fixtures	515 000	608 000	1 025 000	527 000
Total Tangible Assets	545 000	635 000	1 038 000	528 000
Total Fiancial Fixed Assets	28 000	28 000	19 000	29 000
Total Fixed Assets	604 000	674 000	1 062 000	584 000
Stock	2 315 000	1 302 000	1 489 000	1 910 000
Total Investments	0	0	0	0
Cash, Bank	1 185 000	1 104 000	1 081 000	734 000
Total Current Assets	5 266 000	3 832 000	4 023 000	3 457 000
Total Assets	5 871 000	4 506 000	5 086 000	4 041 000
Total Equity	2 306 000	2 227 000	2 334 000	2 207 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 585 000	695 000	1 109 000	539 000
Creditors	1 317 000	737 000	782 000	533 000
Unpaid Taxes	235 000	417 000	543 000	439 000
Dividends	60 000	0	0	0
Other Current Debt	306 000	263 000	264 000	229 000
Total Current Debt	1 980 000	1 584 000	1 643 000	1 295 000
Total Equity and Debt	5 871 000	4 506 000	5 086 000	4 041 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,03 %	25,73 %	11,4 %	17,76 %
Debt-to-Equity Ratio	0,69	0,31	0,48	0,24
Operating Profit Margin	2,76 %	9,96 %	5,23 %	8,31 %
Current Ratio	2,66	2,42	2,45	2,67
Quick Ratio	−15,72	13,59	26,12	−5,62
Equity Ratio	0,39	0,49	0,46	0,55
Gross Profit Margin	49,81 %	45,65 %	40,71 %	51,9 %