BK VARMETEKNIKK AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

15,39 %

Current Ratio

3,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 243 000	3 998 000	3 250 000	3 559 000
Net Income	246 000	243 000	395 000	620 000
Total Assets	2 287 000	2 072 000	2 196 000	2 411 000
Total Equity	1 598 000	1 352 000	1 709 000	1 314 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 243 000	3 998 000	3 250 000	3 559 000
Expenditure	3 911 000	3 666 000	2 723 000	2 744 000
Operating Profit	332 000	333 000	528 000	816 000
Financial Income	4 000	6 000	4 000	3 000
Financial Costs	1 000	4 000	13 000	17 000
Financial Balance	3 000	2 000	−9 000	−14 000
Earnings Before Tax	335 000	334 000	519 000	801 000
Tax	89 000	91 000	124 000	181 000
Net Income	246 000	243 000	395 000	620 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	152 000	594 000	346 000
Total Current Assets	2 241 000	1 920 000	1 602 000	2 065 000
Total Assets	2 287 000	2 072 000	2 196 000	2 411 000
Total Retained Equity	1 498 000	1 252 000	1 609 000	1 214 000
Total Equity	1 598 000	1 352 000	1 709 000	1 314 000
Total Long-Term Debt	0	0	191 000	293 000
Total Current Debt	689 000	720 000	297 000	803 000
Total Equity and Debt	2 287 000	2 072 000	2 196 000	2 411 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 243 000	3 984 000	3 250 000	3 543 000
Other Income	0	14 000	0	16 000
Revenue	4 243 000	3 998 000	3 250 000	3 559 000
Cost of Goods Sold	2 644 000	2 588 000	2 087 000	2 145 000
Salary Costs	819 000	648 000	102 000	145 000
Depreciation	106 000	120 000	187 000	115 000
Impairment	0	0	0	0
Expenditure	3 911 000	3 666 000	2 723 000	2 744 000
Operating Profit	332 000	333 000	528 000	816 000
Financial Income	4 000	6 000	4 000	3 000
Financial Costs	1 000	4 000	13 000	17 000
Financial Balance	3 000	2 000	−9 000	−14 000
Dividends	0	600 000	0	0
Net Income	246 000	243 000	395 000	620 000

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	45 000	152 000	594 000	346 000
Total Tangible Assets	45 000	152 000	594 000	346 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	45 000	152 000	594 000	346 000
Stock	295 000	678 000	198 000	376 000
Total Investments	0	0	0	0
Cash, Bank	858 000	925 000	938 000	1 050 000
Total Current Assets	2 241 000	1 920 000	1 602 000	2 065 000
Total Assets	2 287 000	2 072 000	2 196 000	2 411 000
Total Equity	1 598 000	1 352 000	1 709 000	1 314 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	191 000	293 000
Creditors	191 000	464 000	107 000	488 000
Unpaid Taxes	308 000	93 000	43 000	78 000
Dividends	0	600 000	0	0
Other Current Debt	101 000	72 000	23 000	52 000
Total Current Debt	689 000	720 000	297 000	803 000
Total Equity and Debt	2 287 000	2 072 000	2 196 000	2 411 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,39 %	17,97 %	23,11 %	47,18 %
Debt-to-Equity Ratio	0	0	0,11	0,22
Operating Profit Margin	7,82 %	8,33 %	16,25 %	22,93 %
Current Ratio	3,25	2,67	5,39	2,57
Quick Ratio	5,69	45,71	16,18	4,84
Equity Ratio	0,7	0,65	0,78	0,55
Gross Profit Margin	37,69 %	35,27 %	35,78 %	39,73 %