RE VARMEPUMPER AS

1923 SØRUM

Finances

Return on Equity

46,69 %

Current Ratio

0,18

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 069 000	0	0	0
Net Income	−2 378 000	74 000	−782 000	−1 060 000
Total Assets	2 910 000	1 574 000	2 630 000	2 663 000
Total Equity	−5 093 000	−2 716 000	−2 790 000	−2 007 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 069 000	0	0	0
Expenditure	2 095 000	−4 000	19 000	204 000
Operating Profit	−25 000	4 000	−19 000	−204 000
Financial Income	221 000	328 000	281 000	285 000
Financial Costs	2 574 000	259 000	1 045 000	1 141 000
Financial Balance	−2 353 000	69 000	−764 000	−856 000
Earnings Before Tax	−2 378 000	74 000	−782 000	−1 060 000
Tax	0	0	0	0
Net Income	−2 378 000	74 000	−782 000	−1 060 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 497 000	1 096 000	2 337 000	2 362 000
Total Current Assets	1 413 000	478 000	292 000	301 000
Total Assets	2 910 000	1 574 000	2 630 000	2 663 000
Total Retained Equity	−6 151 000	−3 773 000	−3 847 000	−3 064 000
Total Equity	−5 093 000	−2 716 000	−2 790 000	−2 007 000
Total Long-Term Debt	0	802 000	835 000	867 000
Total Current Debt	8 003 000	3 488 000	4 584 000	3 803 000
Total Equity and Debt	2 910 000	1 574 000	2 630 000	2 663 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 771 000	0	0	0
Other Income	299 000	0	0	0
Revenue	2 069 000	0	0	0
Cost of Goods Sold	813 000	0	0	0
Salary Costs	864 000	0	0	0
Depreciation	10 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 095 000	−4 000	19 000	204 000
Operating Profit	−25 000	4 000	−19 000	−204 000
Financial Income	221 000	328 000	281 000	285 000
Financial Costs	2 574 000	259 000	1 045 000	1 141 000
Financial Balance	−2 353 000	69 000	−764 000	−856 000
Dividends	0	0	0	0
Net Income	−2 378 000	74 000	−782 000	−1 060 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	97 000	0	0	0
Total Intangible Assets	97 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	179 000	0	0	0
Total Tangible Assets	179 000	0	0	0
Total Fiancial Fixed Assets	1 221 000	1 096 000	2 337 000	2 362 000
Total Fixed Assets	1 497 000	1 096 000	2 337 000	2 362 000
Stock	353 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	47 000	0	9 000	16 000
Total Current Assets	1 413 000	478 000	292 000	301 000
Total Assets	2 910 000	1 574 000	2 630 000	2 663 000
Total Equity	−5 093 000	−2 716 000	−2 790 000	−2 007 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	802 000	835 000	867 000
Creditors	563 000	30 000	28 000	28 000
Unpaid Taxes	446 000	21 000	96 000	96 000
Dividends	0	0	0	0
Other Current Debt	6 994 000	3 437 000	4 459 000	3 678 000
Total Current Debt	8 003 000	3 488 000	4 584 000	3 803 000
Total Equity and Debt	2 910 000	1 574 000	2 630 000	2 663 000

Financial indicators	2021	2020	2019	2018
Return on Equity	46,69 %	−2,72 %	28,03 %	52,82 %
Debt-to-Equity Ratio	−0	−0,3	−0,3	−0,43
Operating Profit Margin	−1,21 %	-	-	-
Current Ratio	0,18	0,14	0,06	0,08
Quick Ratio	0,18	0,14	0,06	0,08
Equity Ratio	−1,75	−1,73	−1,06	−0,75
Gross Profit Margin	60,71 %	-	-	-