VAREFLYT AS

7224 MELHUS

Finances

Share Ownership

Return on Equity

25,32 %

Current Ratio

0,69

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 150 000	1 124 000	849 000	710 000
Net Income	60 000	87 000	−37 000	−69 000
Total Assets	514 000	450 000	310 000	337 000
Total Equity	237 000	176 000	89 000	126 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 150 000	1 124 000	849 000	710 000
Expenditure	1 072 000	1 013 000	885 000	782 000
Operating Profit	78 000	112 000	−37 000	−72 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	0	0
Financial Balance	0	−4 000	0	0
Earnings Before Tax	78 000	108 000	−37 000	−72 000
Tax	17 000	21 000	0	−4 000
Net Income	60 000	87 000	−37 000	−69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	337 000	406 000	72 000	90 000
Total Current Assets	177 000	44 000	238 000	247 000
Total Assets	514 000	450 000	310 000	337 000
Total Retained Equity	135 000	75 000	−12 000	25 000
Total Equity	237 000	176 000	89 000	126 000
Total Long-Term Debt	21 000	20 000	0	0
Total Current Debt	256 000	254 000	220 000	211 000
Total Equity and Debt	514 000	450 000	310 000	337 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 150 000	1 124 000	849 000	710 000
Other Income	0	0	0	0
Revenue	1 150 000	1 124 000	849 000	710 000
Cost of Goods Sold	0	0	0	0
Salary Costs	857 000	735 000	659 000	538 000
Depreciation	69 000	23 000	18 000	18 000
Impairment	0	0	0	0
Expenditure	1 072 000	1 013 000	885 000	782 000
Operating Profit	78 000	112 000	−37 000	−72 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	0	0
Financial Balance	0	−4 000	0	0
Dividends	0	0	0	0
Net Income	60 000	87 000	−37 000	−69 000

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	35 000	0	0	0
Fixtures	302 000	406 000	72 000	90 000
Total Tangible Assets	337 000	406 000	72 000	90 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	337 000	406 000	72 000	90 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	160 000	44 000	125 000	165 000
Total Current Assets	177 000	44 000	238 000	247 000
Total Assets	514 000	450 000	310 000	337 000
Total Equity	237 000	176 000	89 000	126 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 000	20 000	0	0
Creditors	0	10 000	0	0
Unpaid Taxes	139 000	141 000	150 000	154 000
Dividends	0	0	0	0
Other Current Debt	100 000	101 000	71 000	57 000
Total Current Debt	256 000	254 000	220 000	211 000
Total Equity and Debt	514 000	450 000	310 000	337 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,32 %	49,43 %	−41,57 %	−54,76 %
Debt-to-Equity Ratio	0,09	0,11	0	0
Operating Profit Margin	6,78 %	9,96 %	−4,36 %	−10,14 %
Current Ratio	0,69	0,17	1,08	1,17
Quick Ratio	0,69	0,17	1,08	1,17
Equity Ratio	0,46	0,39	0,29	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %