VARANGER GARNSERVICE AS

9840 VARANGERBOTN

Finances

Share Ownership

Return on Equity

−24,97 %

Current Ratio

40,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 481 000	8 076 000	8 019 000	7 738 000
Net Income	−229 000	79 000	328 000	124 000
Total Assets	937 000	1 968 000	2 046 000	1 770 000
Total Equity	917 000	1 146 000	1 067 000	989 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 481 000	8 076 000	8 019 000	7 738 000
Expenditure	3 711 000	7 981 000	7 440 000	7 574 000
Operating Profit	−229 000	96 000	580 000	164 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	0	0	2 000	5 000
Financial Balance	1 000	0	−1 000	−3 000
Earnings Before Tax	−229 000	96 000	579 000	160 000
Tax	0	17 000	251 000	36 000
Net Income	−229 000	79 000	328 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	126 000	18 000	28 000	169 000
Total Current Assets	811 000	1 950 000	2 018 000	1 601 000
Total Assets	937 000	1 968 000	2 046 000	1 770 000
Total Retained Equity	817 000	1 046 000	967 000	889 000
Total Equity	917 000	1 146 000	1 067 000	989 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	20 000	821 000	979 000	781 000
Total Equity and Debt	937 000	1 968 000	2 046 000	1 770 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 352 000	7 833 000	7 679 000	7 383 000
Other Income	129 000	243 000	340 000	355 000
Revenue	3 481 000	8 076 000	8 019 000	7 738 000
Cost of Goods Sold	1 829 000	4 158 000	4 099 000	3 742 000
Salary Costs	1 508 000	2 872 000	2 454 000	2 875 000
Depreciation	12 000	10 000	10 000	16 000
Impairment	0	0	0	0
Expenditure	3 711 000	7 981 000	7 440 000	7 574 000
Operating Profit	−229 000	96 000	580 000	164 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	0	0	2 000	5 000
Financial Balance	1 000	0	−1 000	−3 000
Dividends	0	0	250 000	0
Net Income	−229 000	79 000	328 000	124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	132 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	126 000	18 000	28 000	37 000
Total Tangible Assets	126 000	18 000	28 000	37 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	126 000	18 000	28 000	169 000
Stock	0	467 000	447 000	422 000
Total Investments	0	0	0	0
Cash, Bank	679 000	1 116 000	1 420 000	1 032 000
Total Current Assets	811 000	1 950 000	2 018 000	1 601 000
Total Assets	937 000	1 968 000	2 046 000	1 770 000
Total Equity	917 000	1 146 000	1 067 000	989 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	406 000	266 000	356 000
Unpaid Taxes	0	135 000	123 000	127 000
Dividends	0	0	250 000	0
Other Current Debt	20 000	264 000	221 000	259 000
Total Current Debt	20 000	821 000	979 000	781 000
Total Equity and Debt	937 000	1 968 000	2 046 000	1 770 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,97 %	6,89 %	30,74 %	12,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,58 %	1,19 %	7,23 %	2,12 %
Current Ratio	40,55	2,38	2,06	2,05
Quick Ratio	40,55	5,51	3,79	4,46
Equity Ratio	0,98	0,58	0,52	0,56
Gross Profit Margin	47,46 %	48,51 %	48,88 %	51,64 %