VARME- OG KJØLESYSTEMER AS

3175 RAMNES

Finances

Share Ownership

Return on Equity

61,82 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 095 000	16 701 000	12 923 000	14 036 000
Net Income	489 000	1 176 000	947 000	1 403 000
Total Assets	3 954 000	4 168 000	3 298 000	4 299 000
Total Equity	791 000	602 000	527 000	379 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 095 000	16 701 000	12 923 000	14 036 000
Expenditure	19 447 000	15 200 000	11 710 000	12 242 000
Operating Profit	648 000	1 502 000	1 212 000	1 795 000
Financial Income	11 000	5 000	3 000	4 000
Financial Costs	32 000	0	0	0
Financial Balance	−21 000	5 000	3 000	4 000
Earnings Before Tax	627 000	1 507 000	1 215 000	1 799 000
Tax	138 000	332 000	267 000	396 000
Net Income	489 000	1 176 000	947 000	1 403 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	801 000	158 000	19 000	28 000
Total Current Assets	3 153 000	4 010 000	3 279 000	4 270 000
Total Assets	3 954 000	4 168 000	3 298 000	4 299 000
Total Retained Equity	690 000	501 000	426 000	278 000
Total Equity	791 000	602 000	527 000	379 000
Total Long-Term Debt	721 000	2 000	0	0
Total Current Debt	2 442 000	3 564 000	2 771 000	3 920 000
Total Equity and Debt	3 954 000	4 168 000	3 298 000	4 299 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 082 000	16 689 000	12 913 000	14 029 000
Other Income	13 000	12 000	10 000	7 000
Revenue	20 095 000	16 701 000	12 923 000	14 036 000
Cost of Goods Sold	10 815 000	7 748 000	5 514 000	6 248 000
Salary Costs	6 111 000	5 571 000	4 593 000	4 524 000
Depreciation	57 000	20 000	7 000	18 000
Impairment	0	0	0	0
Expenditure	19 447 000	15 200 000	11 710 000	12 242 000
Operating Profit	648 000	1 502 000	1 212 000	1 795 000
Financial Income	11 000	5 000	3 000	4 000
Financial Costs	32 000	0	0	0
Financial Balance	−21 000	5 000	3 000	4 000
Dividends	300 000	1 100 000	800 000	1 400 000
Net Income	489 000	1 176 000	947 000	1 403 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	801 000	158 000	16 000	23 000
Total Tangible Assets	801 000	158 000	16 000	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	801 000	158 000	19 000	28 000
Stock	953 000	1 266 000	888 000	677 000
Total Investments	0	0	0	0
Cash, Bank	994 000	1 784 000	1 911 000	3 147 000
Total Current Assets	3 153 000	4 010 000	3 279 000	4 270 000
Total Assets	3 954 000	4 168 000	3 298 000	4 299 000
Total Equity	791 000	602 000	527 000	379 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	721 000	2 000	0	0
Creditors	406 000	417 000	615 000	1 046 000
Unpaid Taxes	1 045 000	661 000	665 000	695 000
Dividends	300 000	1 100 000	800 000	1 400 000
Other Current Debt	577 000	1 060 000	427 000	382 000
Total Current Debt	2 442 000	3 564 000	2 771 000	3 920 000
Total Equity and Debt	3 954 000	4 168 000	3 298 000	4 299 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,82 %	195,35 %	179,7 %	370,18 %
Debt-to-Equity Ratio	0,91	0	0	0
Operating Profit Margin	3,22 %	8,99 %	9,38 %	12,79 %
Current Ratio	1,29	1,13	1,18	1,09
Quick Ratio	2,12	1,74	1,74	1,32
Equity Ratio	0,2	0,14	0,16	0,09
Gross Profit Margin	46,18 %	53,61 %	57,33 %	55,49 %