VARHOL EIENDOM AS

6440 ELNESVÅGEN

Finances

Share Ownership

Return on Equity

−46,18 %

Current Ratio

Debt-to-Equity Ratio

3,87

Key figures (NOK)	2021	2020	2019	2018
Revenue	144 000	475 000	538 000	630 000
Net Income	−477 000	−373 000	−181 000	−142 000
Total Assets	5 927 000	6 258 000	6 331 000	6 614 000
Total Equity	1 033 000	1 510 000	1 883 000	2 064 000

Income (NOK)	2021	2020	2019	2018
Revenue	144 000	475 000	538 000	630 000
Expenditure	450 000	457 000	436 000	460 000
Operating Profit	−306 000	19 000	102 000	169 000
Financial Income	0	7 000	6 000	7 000
Financial Costs	171 000	399 000	290 000	318 000
Financial Balance	−171 000	−392 000	−284 000	−311 000
Earnings Before Tax	−477 000	−373 000	−181 000	−142 000
Tax	0	0	0	0
Net Income	−477 000	−373 000	−181 000	−142 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	5 927 000	6 206 000	6 296 000	6 597 000
Total Current Assets	0	52 000	36 000	16 000
Total Assets	5 927 000	6 258 000	6 331 000	6 614 000
Total Retained Equity	−1 367 000	−890 000	−517 000	−336 000
Total Equity	1 033 000	1 510 000	1 883 000	2 064 000
Total Long-Term Debt	3 993 000	4 051 000	4 109 000	4 269 000
Total Current Debt	901 000	698 000	340 000	281 000
Total Equity and Debt	5 927 000	6 258 000	6 331 000	6 614 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	144 000	475 000	538 000	630 000
Revenue	144 000	475 000	538 000	630 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	279 000	295 000	302 000	301 000
Impairment	0	0	0	0
Expenditure	450 000	457 000	436 000	460 000
Operating Profit	−306 000	19 000	102 000	169 000
Financial Income	0	7 000	6 000	7 000
Financial Costs	171 000	399 000	290 000	318 000
Financial Balance	−171 000	−392 000	−284 000	−311 000
Dividends	0	0	0	0
Net Income	−477 000	−373 000	−181 000	−142 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 927 000	6 206 000	6 270 000	6 546 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	26 000	52 000
Total Tangible Assets	5 927 000	6 206 000	6 296 000	6 597 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 927 000	6 206 000	6 296 000	6 597 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	52 000	0	13 000
Total Current Assets	0	52 000	36 000	16 000
Total Assets	5 927 000	6 258 000	6 331 000	6 614 000
Total Equity	1 033 000	1 510 000	1 883 000	2 064 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 993 000	4 051 000	4 109 000	4 269 000
Creditors	249 000	296 000	254 000	227 000
Unpaid Taxes	8 000	7 000	51 000	19 000
Dividends	0	0	0	0
Other Current Debt	645 000	394 000	35 000	35 000
Total Current Debt	901 000	698 000	340 000	281 000
Total Equity and Debt	5 927 000	6 258 000	6 331 000	6 614 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−46,18 %	−24,7 %	−9,61 %	−6,88 %
Debt-to-Equity Ratio	3,87	2,68	2,18	2,07
Operating Profit Margin	−212,5 %	4 %	18,96 %	26,83 %
Current Ratio	0	0,07	0,11	0,06
Quick Ratio	0	0,07	0,11	0,06
Equity Ratio	0,17	0,24	0,3	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %