VARRO VEKSTPARTNER AS

3241 SANDEFJORD

Finances

Share Ownership

Return on Equity

−178,49 %

Current Ratio

2,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 232 000	988 000	168 000	0
Net Income	−2 763 000	−2 182 000	−2 640 000	−1 588 000
Total Assets	2 698 000	3 267 000	1 150 000	350 000
Total Equity	1 548 000	2 811 000	686 000	−1 554 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 232 000	988 000	168 000	0
Expenditure	4 995 000	3 170 000	2 809 000	1 588 000
Operating Profit	−2 763 000	−2 182 000	−2 641 000	−1 588 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Earnings Before Tax	−2 763 000	−2 182 000	−2 640 000	−1 588 000
Tax	0	0	0	0
Net Income	−2 763 000	−2 182 000	−2 640 000	−1 588 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	6 000	17 000	28 000
Total Current Assets	2 698 000	3 261 000	1 133 000	322 000
Total Assets	2 698 000	3 267 000	1 150 000	350 000
Total Retained Equity	−9 169 000	−6 406 000	−4 224 000	−1 584 000
Total Equity	1 548 000	2 811 000	686 000	−1 554 000
Total Long-Term Debt	0	0	0	1 000 000
Total Current Debt	1 150 000	456 000	464 000	904 000
Total Equity and Debt	2 698 000	3 267 000	1 150 000	350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 232 000	988 000	168 000	0
Other Income	0	0	0	0
Revenue	2 232 000	988 000	168 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	3 172 000	2 336 000	1 962 000	740 000
Depreciation	6 000	11 000	11 000	5 000
Impairment	0	0	0	0
Expenditure	4 995 000	3 170 000	2 809 000	1 588 000
Operating Profit	−2 763 000	−2 182 000	−2 641 000	−1 588 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Dividends	0	0	0	0
Net Income	−2 763 000	−2 182 000	−2 640 000	−1 588 000

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	6 000	17 000	28 000
Total Tangible Assets	0	6 000	17 000	28 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	6 000	17 000	28 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 298 000	3 050 000	1 067 000	138 000
Total Current Assets	2 698 000	3 261 000	1 133 000	322 000
Total Assets	2 698 000	3 267 000	1 150 000	350 000
Total Equity	1 548 000	2 811 000	686 000	−1 554 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000 000
Creditors	192 000	52 000	72 000	553 000
Unpaid Taxes	513 000	139 000	140 000	135 000
Dividends	0	0	0	0
Other Current Debt	445 000	266 000	251 000	216 000
Total Current Debt	1 150 000	456 000	464 000	904 000
Total Equity and Debt	2 698 000	3 267 000	1 150 000	350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−178,49 %	−77,62 %	−384,84 %	102,19 %
Debt-to-Equity Ratio	0	0	0	−0,64
Operating Profit Margin	−123,79 %	−220,85 %	−1 572,02 %	-
Current Ratio	2,35	7,15	2,44	0,36
Quick Ratio	2,35	7,15	2,44	0,36
Equity Ratio	0,57	0,86	0,6	−4,44
Gross Profit Margin	100 %	100 %	100 %	-