VARANGER TRAFIKKSKOLE AS

9801 VADSØ

Finances

Share Ownership

Return on Equity

57,16 %

Current Ratio

1,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 180 000	3 326 000	939 000	715 000
Net Income	1 584 000	1 157 000	161 000	54 000
Total Assets	4 117 000	2 420 000	793 000	364 000
Total Equity	2 771 000	1 187 000	229 000	68 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 180 000	3 326 000	939 000	715 000
Expenditure	2 149 000	1 831 000	733 000	650 000
Operating Profit	2 031 000	1 494 000	206 000	65 000
Financial Income	0	0	0	0
Financial Costs	4 000	7 000	0	0
Financial Balance	−4 000	−7 000	0	0
Earnings Before Tax	2 028 000	1 488 000	206 000	65 000
Tax	444 000	330 000	45 000	11 000
Net Income	1 584 000	1 157 000	161 000	54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 702 000	1 604 000	530 000	169 000
Total Current Assets	2 415 000	816 000	263 000	195 000
Total Assets	4 117 000	2 420 000	793 000	364 000
Total Retained Equity	2 748 000	1 165 000	206 000	45 000
Total Equity	2 771 000	1 187 000	229 000	68 000
Total Long-Term Debt	7 000	0	19 000	7 000
Total Current Debt	1 339 000	1 233 000	545 000	290 000
Total Equity and Debt	4 117 000	2 420 000	793 000	364 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 180 000	3 234 000	939 000	715 000
Other Income	0	91 000	0	0
Revenue	4 180 000	3 326 000	939 000	715 000
Cost of Goods Sold	233 000	215 000	11 000	0
Salary Costs	−6 000	8 000	3 000	18 000
Depreciation	425 000	272 000	55 000	17 000
Impairment	0	0	0	0
Expenditure	2 149 000	1 831 000	733 000	650 000
Operating Profit	2 031 000	1 494 000	206 000	65 000
Financial Income	0	0	0	0
Financial Costs	4 000	7 000	0	0
Financial Balance	−4 000	−7 000	0	0
Dividends	0	200 000	0	0
Net Income	1 584 000	1 157 000	161 000	54 000

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	79 000	106 000	61 000	0
Fixtures	1 552 000	1 406 000	469 000	169 000
Total Tangible Assets	1 702 000	1 604 000	530 000	169 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 702 000	1 604 000	530 000	169 000
Stock	0	0	4 000	0
Total Investments	0	0	0	0
Cash, Bank	2 390 000	751 000	240 000	191 000
Total Current Assets	2 415 000	816 000	263 000	195 000
Total Assets	4 117 000	2 420 000	793 000	364 000
Total Equity	2 771 000	1 187 000	229 000	68 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	0	19 000	7 000
Creditors	103 000	39 000	48 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	200 000	0	0
Other Current Debt	799 000	644 000	464 000	282 000
Total Current Debt	1 339 000	1 233 000	545 000	290 000
Total Equity and Debt	4 117 000	2 420 000	793 000	364 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,16 %	97,47 %	70,31 %	79,41 %
Debt-to-Equity Ratio	0	0	0,08	0,1
Operating Profit Margin	48,59 %	44,92 %	21,94 %	9,09 %
Current Ratio	1,8	0,66	0,48	0,67
Quick Ratio	1,8	0,66	0,49	0,67
Equity Ratio	0,67	0,49	0,29	0,19
Gross Profit Margin	94,43 %	93,54 %	98,83 %	100 %