VARMEFOKUS AS

1553 SON

Finances

Share Ownership

Return on Equity

2,54 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 535 000	1 468 000	1 064 000	1 971 000
Net Income	3 000	12 000	14 000	12 000
Total Assets	813 000	433 000	415 000	628 000
Total Equity	118 000	115 000	103 000	89 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 535 000	1 468 000	1 064 000	1 971 000
Expenditure	2 530 000	1 452 000	1 043 000	1 954 000
Operating Profit	4 000	16 000	19 000	17 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	4 000	16 000	18 000	17 000
Tax	1 000	4 000	4 000	4 000
Net Income	3 000	12 000	14 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	30 000	36 000	22 000
Total Current Assets	791 000	404 000	379 000	606 000
Total Assets	813 000	433 000	415 000	628 000
Total Retained Equity	88 000	85 000	73 000	59 000
Total Equity	118 000	115 000	103 000	89 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	696 000	318 000	312 000	539 000
Total Equity and Debt	813 000	433 000	415 000	628 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 535 000	1 468 000	1 064 000	1 928 000
Other Income	0	0	0	43 000
Revenue	2 535 000	1 468 000	1 064 000	1 971 000
Cost of Goods Sold	1 996 000	1 058 000	576 000	1 019 000
Salary Costs	406 000	230 000	295 000	734 000
Depreciation	6 000	6 000	18 000	14 000
Impairment	0	0	0	0
Expenditure	2 530 000	1 452 000	1 043 000	1 954 000
Operating Profit	4 000	16 000	19 000	17 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	3 000	12 000	14 000	12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	10 000	11 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	20 000	26 000	13 000
Total Tangible Assets	13 000	20 000	26 000	13 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 000	30 000	36 000	22 000
Stock	0	0	76 000	45 000
Total Investments	0	0	0	0
Cash, Bank	673 000	353 000	118 000	514 000
Total Current Assets	791 000	404 000	379 000	606 000
Total Assets	813 000	433 000	415 000	628 000
Total Equity	118 000	115 000	103 000	89 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	111 000	22 000	9 000	−3 000
Unpaid Taxes	186 000	61 000	105 000	200 000
Dividends	0	0	0	0
Other Current Debt	399 000	233 000	192 000	333 000
Total Current Debt	696 000	318 000	312 000	539 000
Total Equity and Debt	813 000	433 000	415 000	628 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,54 %	10,43 %	13,59 %	13,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,16 %	1,09 %	1,79 %	0,86 %
Current Ratio	1,14	1,27	1,21	1,12
Quick Ratio	1,14	1,27	1,61	1,23
Equity Ratio	0,15	0,27	0,25	0,14
Gross Profit Margin	21,26 %	27,93 %	45,86 %	48,3 %