BYGNINGSFIRMA KNUT O. VARPE AS

3132 HUSØYSUND

Finances

Share Ownership

Return on Equity

24,21 %

Current Ratio

1,98

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 806 000	22 895 000	15 703 000	17 734 000
Net Income	976 000	1 396 000	11 000	−47 000
Total Assets	8 832 000	8 423 000	5 163 000	5 907 000
Total Equity	4 031 000	3 405 000	2 510 000	2 498 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 806 000	22 895 000	15 703 000	17 734 000
Expenditure	20 512 000	21 079 000	15 656 000	17 760 000
Operating Profit	1 294 000	1 816 000	48 000	−27 000
Financial Income	0	0	0	3 000
Financial Costs	43 000	24 000	31 000	32 000
Financial Balance	−43 000	−24 000	−31 000	−29 000
Earnings Before Tax	1 251 000	1 793 000	17 000	−57 000
Tax	276 000	397 000	6 000	−10 000
Net Income	976 000	1 396 000	11 000	−47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	534 000	643 000	663 000	641 000
Total Current Assets	8 297 000	7 781 000	4 500 000	5 266 000
Total Assets	8 832 000	8 423 000	5 163 000	5 907 000
Total Retained Equity	3 927 000	3 301 000	2 406 000	2 395 000
Total Equity	4 031 000	3 405 000	2 510 000	2 498 000
Total Long-Term Debt	618 000	164 000	275 000	173 000
Total Current Debt	4 182 000	4 854 000	2 379 000	3 236 000
Total Equity and Debt	8 832 000	8 423 000	5 163 000	5 907 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 806 000	22 895 000	15 683 000	17 734 000
Other Income	0	0	21 000	0
Revenue	21 806 000	22 895 000	15 703 000	17 734 000
Cost of Goods Sold	11 469 000	12 627 000	8 988 000	10 333 000
Salary Costs	6 832 000	6 229 000	6 001 000	5 527 000
Depreciation	182 000	180 000	186 000	137 000
Impairment	0	0	0	0
Expenditure	20 512 000	21 079 000	15 656 000	17 760 000
Operating Profit	1 294 000	1 816 000	48 000	−27 000
Financial Income	0	0	0	3 000
Financial Costs	43 000	24 000	31 000	32 000
Financial Balance	−43 000	−24 000	−31 000	−29 000
Dividends	350 000	500 000	0	0
Net Income	976 000	1 396 000	11 000	−47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	25 000	0	305 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	434 000	199 000	361 000	307 000
Total Tangible Assets	434 000	199 000	361 000	307 000
Total Fiancial Fixed Assets	100 000	419 000	303 000	30 000
Total Fixed Assets	534 000	643 000	663 000	641 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 513 000	1 106 000	1 662 000	2 260 000
Total Current Assets	8 297 000	7 781 000	4 500 000	5 266 000
Total Assets	8 832 000	8 423 000	5 163 000	5 907 000
Total Equity	4 031 000	3 405 000	2 510 000	2 498 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	618 000	164 000	275 000	173 000
Creditors	659 000	1 389 000	384 000	1 509 000
Unpaid Taxes	1 633 000	1 662 000	1 293 000	955 000
Dividends	350 000	500 000	0	0
Other Current Debt	1 402 000	878 000	702 000	772 000
Total Current Debt	4 182 000	4 854 000	2 379 000	3 236 000
Total Equity and Debt	8 832 000	8 423 000	5 163 000	5 907 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,21 %	41 %	0,44 %	−1,88 %
Debt-to-Equity Ratio	0,15	0,05	0,11	0,07
Operating Profit Margin	5,93 %	7,93 %	0,31 %	−0,15 %
Current Ratio	1,98	1,6	1,89	1,63
Quick Ratio	1,98	1,6	1,89	1,63
Equity Ratio	0,46	0,4	0,49	0,42
Gross Profit Margin	47,4 %	44,85 %	42,76 %	41,73 %