VARDEN SPESIALISTSENTER AS

1453 BJØRNEMYR

Finances

Share Ownership

Return on Equity

16,37 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 385 000	1 226 000	1 123 000	1 093 000
Net Income	65 000	151 000	100 000	99 000
Total Assets	572 000	576 000	438 000	422 000
Total Equity	397 000	392 000	301 000	201 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 385 000	1 226 000	1 123 000	1 093 000
Expenditure	1 291 000	1 031 000	992 000	961 000
Operating Profit	94 000	195 000	131 000	132 000
Financial Income	0	0	0	0
Financial Costs	3 000	1 000	0	3 000
Financial Balance	−3 000	−1 000	0	−3 000
Earnings Before Tax	91 000	194 000	131 000	129 000
Tax	26 000	43 000	31 000	30 000
Net Income	65 000	151 000	100 000	99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	323 000	375 000	285 000	208 000
Total Current Assets	249 000	201 000	153 000	214 000
Total Assets	572 000	576 000	438 000	422 000
Total Retained Equity	347 000	342 000	251 000	151 000
Total Equity	397 000	392 000	301 000	201 000
Total Long-Term Debt	0	5 000	5 000	107 000
Total Current Debt	174 000	179 000	132 000	114 000
Total Equity and Debt	572 000	576 000	438 000	422 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 385 000	1 226 000	1 123 000	1 093 000
Revenue	1 385 000	1 226 000	1 123 000	1 093 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	52 000	47 000	30 000	30 000
Impairment	0	0	0	0
Expenditure	1 291 000	1 031 000	992 000	961 000
Operating Profit	94 000	195 000	131 000	132 000
Financial Income	0	0	0	0
Financial Costs	3 000	1 000	0	3 000
Financial Balance	−3 000	−1 000	0	−3 000
Dividends	60 000	60 000	0	0
Net Income	65 000	151 000	100 000	99 000

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	323 000	375 000	285 000	208 000
Total Tangible Assets	323 000	375 000	285 000	208 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	323 000	375 000	285 000	208 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	158 000	104 000	119 000	202 000
Total Current Assets	249 000	201 000	153 000	214 000
Total Assets	572 000	576 000	438 000	422 000
Total Equity	397 000	392 000	301 000	201 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	5 000	107 000
Creditors	59 000	76 000	87 000	70 000
Unpaid Taxes	0	0	0	0
Dividends	60 000	60 000	0	0
Other Current Debt	25 000	60 000	15 000	13 000
Total Current Debt	174 000	179 000	132 000	114 000
Total Equity and Debt	572 000	576 000	438 000	422 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,37 %	38,52 %	33,22 %	49,25 %
Debt-to-Equity Ratio	0	0,01	0,02	0,53
Operating Profit Margin	6,79 %	15,91 %	11,67 %	12,08 %
Current Ratio	1,43	1,12	1,16	1,88
Quick Ratio	1,43	1,12	1,16	1,88
Equity Ratio	0,69	0,68	0,69	0,48
Gross Profit Margin	100 %	100 %	100 %	100 %