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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:10013- Number of employees:40943
- Total assets:6931- Total assets:28060
- Net turnover:4601- Net turnover:17226
- Net profit:7747- Net profit:30628

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 EUR)
Fiscal year200812 200712 200612
Net turnover 11.774 14.259 17.886
  - exports
Foreign sales
Financial expenses 44 25 27
Earnings before taxes 304 1.347 1.494
Total assets 4.339 5.428 6.376
Current assets 4.191 5.211 6.234
Current liabilities 3.138 4.169 5.349
Equity capital 1.179 1.258 1.027
  - share capital 404 501 484
Employees (average) 19 17 17
Shareholders
Investments in fixed assets

Closing figures are converted from local currency to euros according to the exchange rate on closing date. Source for the exchange rates: Sveriges Riksbank

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 620 839 1.052
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% 116.5%
Return on equity
(ROE)
25.8% 107.1% 145.5%