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Varmeteknikk AS - Detailed information

Varmeteknikk AS

Contact
VAT number:974 442 272
Company:Varmeteknikk AS
Address:Pb 6, Alnabru
NO-0614 Oslo
Visiting address:Brobekkveien 101
County:Oslo
Telephone:+47 23375500
Fax:+47 23375510
E-mail:post@varmeteknikk.no
Website:www.varmeteknikk.no
Contact persons
Chairman of the board:Øystein Sørensen
Managing Director/CEO:Sigmund Berg
Business information
Established:1995
Subsidiary company to:
Stock-exchange listing:Not listed

B5154 Wholesale of hardware, plumbing and heating equipment and supplies
- 51540 Wholesale of hardware | Wholesale of plumbing and heating equipment
Rankings
Rang in Norway (incl. subsidiaries) byRank in the Nordic countries (incl. subsidiaries) by
- Number of employees:10006- Number of employees:40933
- Total assets:6930- Total assets:28055
- Net turnover:4601- Net turnover:17224
- Net profit:7746- Net profit:30627

B5154 Wholesale of hardware, plumbing and heating equipment and supplies
Rank in industry in Norway byRank in industry in the Nordic countries by
- Number of employees:47- Number of employees:244
- Return on assets
(ROA):
95- Return on assets
(ROA):
483
- Total assets:40- Total assets:227
- Profitability:91- Profitability:460
- Net turnover:34- Net turnover:152
- Return on equity
(ROE):
83- Return on equity
(ROE):
409
- Net profit:67- Net profit:318
- Solvency:79- Solvency:515
Closing information (x1000 DKK)
Fiscal year200812 200712 200612
Net turnover 116.679 113.755 147.892
  - exports
Foreign sales
Financial expenses 433 200 222
Earnings before taxes 3.017 10.747 12.355
Total assets 42.997 43.300 52.718
Current assets 41.533 41.573 51.548
Current liabilities 31.097 33.260 44.227
Equity capital 11.686 10.039 8.490
  - share capital 4.000 4.000 4.000
Employees (average) 19 17 17
Shareholders
Investments in fixed assets

The closing information is gathered directly from the companies or from UC (Sweden), Experian (Norway), KOB (Denmark) and Asiakastieto (Finland).

Financial ratios
Fiscal year200812 200712 200612
Solvency 27.2% 23.2% 16.1%
Turnover per employee 6.141 6.691 8.700
Earnings as % of turnover 2.6% 9.4% 8.4%
Return on assets
(ROA)
8.0% 25.3% 23.9%
Current ratio 133.6% 125.0% 116.6%
Return on equity
(ROE)
25.8% 107.1% 145.5%