VARMOPP AS

4516 MANDAL

Finances

Share Ownership

Return on Equity

35,26 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 125 000	1 736 000	1 131 000	1 368 000
Net Income	128 000	32 000	107 000	9 000
Total Assets	686 000	374 000	344 000	485 000
Total Equity	363 000	235 000	203 000	95 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 125 000	1 736 000	1 131 000	1 368 000
Expenditure	2 960 000	1 695 000	989 000	1 350 000
Operating Profit	165 000	41 000	142 000	18 000
Financial Income	0	0	0	0
Financial Costs	0	0	5 000	6 000
Financial Balance	0	0	−5 000	−6 000
Earnings Before Tax	165 000	41 000	137 000	12 000
Tax	36 000	9 000	30 000	3 000
Net Income	128 000	32 000	107 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	229 000	15 000	15 000	15 000
Total Current Assets	457 000	359 000	329 000	470 000
Total Assets	686 000	374 000	344 000	485 000
Total Retained Equity	333 000	205 000	173 000	65 000
Total Equity	363 000	235 000	203 000	95 000
Total Long-Term Debt	0	−66 000	79 000	0
Total Current Debt	323 000	205 000	62 000	390 000
Total Equity and Debt	686 000	374 000	344 000	485 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 125 000	1 701 000	1 131 000	1 368 000
Other Income	0	35 000	0	0
Revenue	3 125 000	1 736 000	1 131 000	1 368 000
Cost of Goods Sold	2 156 000	1 025 000	756 000	1 129 000
Salary Costs	10 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 960 000	1 695 000	989 000	1 350 000
Operating Profit	165 000	41 000	142 000	18 000
Financial Income	0	0	0	0
Financial Costs	0	0	5 000	6 000
Financial Balance	0	0	−5 000	−6 000
Dividends	0	0	0	0
Net Income	128 000	32 000	107 000	9 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	229 000	15 000	15 000	15 000
Total Fixed Assets	229 000	15 000	15 000	15 000
Stock	154 000	95 000	84 000	97 000
Total Investments	0	0	0	0
Cash, Bank	36 000	136 000	96 000	13 000
Total Current Assets	457 000	359 000	329 000	470 000
Total Assets	686 000	374 000	344 000	485 000
Total Equity	363 000	235 000	203 000	95 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	−66 000	79 000	0
Creditors	257 000	301 000	95 000	40 000
Unpaid Taxes	−4 000	−84 000	−63 000	36 000
Dividends	0	0	0	0
Other Current Debt	34 000	−21 000	0	310 000
Total Current Debt	323 000	205 000	62 000	390 000
Total Equity and Debt	686 000	374 000	344 000	485 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,26 %	13,62 %	52,71 %	9,47 %
Debt-to-Equity Ratio	0	−0,28	0,39	0
Operating Profit Margin	5,28 %	2,36 %	12,56 %	1,32 %
Current Ratio	1,41	1,75	5,31	1,21
Quick Ratio	2,7	3,26	−14,95	1,6
Equity Ratio	0,53	0,63	0,59	0,2
Gross Profit Margin	31,01 %	40,96 %	33,16 %	17,47 %