VARE-CONSULT AS

0375 OSLO

Finances

Share Ownership

Return on Equity

77,55 %

Current Ratio

0,42

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 130 000	40 370 000	39 919 000	39 343 000
Net Income	2 370 000	5 091 000	6 555 000	4 307 000
Total Assets	17 583 000	18 973 000	19 770 000	21 724 000
Total Equity	3 056 000	2 987 000	2 895 000	1 340 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 130 000	40 370 000	39 919 000	39 343 000
Expenditure	37 054 000	33 806 000	31 502 000	33 746 000
Operating Profit	3 076 000	6 564 000	8 417 000	5 597 000
Financial Income	23 000	1 000	7 000	15 000
Financial Costs	14 000	9 000	8 000	19 000
Financial Balance	9 000	−8 000	−1 000	−4 000
Earnings Before Tax	3 086 000	6 556 000	8 417 000	5 593 000
Tax	716 000	1 465 000	1 862 000	1 286 000
Net Income	2 370 000	5 091 000	6 555 000	4 307 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 482 000	11 491 000	12 950 000	15 021 000
Total Current Assets	6 101 000	7 482 000	6 820 000	6 703 000
Total Assets	17 583 000	18 973 000	19 770 000	21 724 000
Total Retained Equity	2 956 000	2 887 000	2 795 000	1 240 000
Total Equity	3 056 000	2 987 000	2 895 000	1 340 000
Total Long-Term Debt	144 000	332 000	568 000	778 000
Total Current Debt	14 383 000	15 654 000	16 307 000	19 607 000
Total Equity and Debt	17 583 000	18 973 000	19 770 000	21 724 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 947 000	40 356 000	39 919 000	39 343 000
Other Income	183 000	13 000	0	0
Revenue	40 130 000	40 370 000	39 919 000	39 343 000
Cost of Goods Sold	0	0	0	0
Salary Costs	27 174 000	24 498 000	23 063 000	23 493 000
Depreciation	2 277 000	2 119 000	2 092 000	1 912 000
Impairment	0	0	0	0
Expenditure	37 054 000	33 806 000	31 502 000	33 746 000
Operating Profit	3 076 000	6 564 000	8 417 000	5 597 000
Financial Income	23 000	1 000	7 000	15 000
Financial Costs	14 000	9 000	8 000	19 000
Financial Balance	9 000	−8 000	−1 000	−4 000
Dividends	2 300 000	5 000 000	5 000 000	4 300 000
Net Income	2 370 000	5 091 000	6 555 000	4 307 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 796 000	5 812 000	5 828 000	5 844 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 686 000	5 678 000	7 122 000	9 177 000
Total Tangible Assets	11 482 000	11 491 000	12 950 000	15 021 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 482 000	11 491 000	12 950 000	15 021 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 349 000	2 803 000	1 985 000	3 203 000
Total Current Assets	6 101 000	7 482 000	6 820 000	6 703 000
Total Assets	17 583 000	18 973 000	19 770 000	21 724 000
Total Equity	3 056 000	2 987 000	2 895 000	1 340 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	144 000	332 000	568 000	778 000
Creditors	489 000	680 000	557 000	602 000
Unpaid Taxes	4 384 000	4 345 000	3 969 000	3 728 000
Dividends	2 300 000	5 000 000	5 000 000	4 300 000
Other Current Debt	6 279 000	3 929 000	4 709 000	9 581 000
Total Current Debt	14 383 000	15 654 000	16 307 000	19 607 000
Total Equity and Debt	17 583 000	18 973 000	19 770 000	21 724 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,55 %	170,44 %	226,42 %	321,42 %
Debt-to-Equity Ratio	0,05	0,11	0,2	0,58
Operating Profit Margin	7,67 %	16,26 %	21,09 %	14,23 %
Current Ratio	0,42	0,48	0,42	0,34
Quick Ratio	0,42	0,48	0,42	0,34
Equity Ratio	0,17	0,16	0,15	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %