VARHAUGVIK INVEST AS

4027 STAVANGER

Finances

Share Ownership

Return on Equity

−71,43 %

Current Ratio

0,43

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 000	44 000	200 000	40 000
Net Income	10 000	−47 000	71 000	−28 000
Total Assets	77 000	27 000	142 000	21 000
Total Equity	−14 000	−24 000	23 000	−49 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 000	44 000	200 000	40 000
Expenditure	51 000	91 000	93 000	53 000
Operating Profit	10 000	−47 000	107 000	−13 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	10 000
Financial Balance	0	0	0	−10 000
Earnings Before Tax	10 000	−47 000	107 000	−23 000
Tax	0	0	35 000	4 000
Net Income	10 000	−47 000	71 000	−28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	0	0	0
Total Current Assets	39 000	27 000	142 000	21 000
Total Assets	77 000	27 000	142 000	21 000
Total Retained Equity	−44 000	−54 000	−7 000	−79 000
Total Equity	−14 000	−24 000	23 000	−49 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	91 000	52 000	119 000	70 000
Total Equity and Debt	77 000	27 000	142 000	21 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 000	44 000	200 000	40 000
Other Income	0	0	0	0
Revenue	60 000	44 000	200 000	40 000
Cost of Goods Sold	0	32 000	0	0
Salary Costs	0	0	9 000	0
Depreciation	19 000	0	0	0
Impairment	0	0	0	0
Expenditure	51 000	91 000	93 000	53 000
Operating Profit	10 000	−47 000	107 000	−13 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	10 000
Financial Balance	0	0	0	−10 000
Dividends	0	0	0	0
Net Income	10 000	−47 000	71 000	−28 000

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	38 000	0	0	0
Total Tangible Assets	38 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	38 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	26 000	27 000	79 000	21 000
Total Current Assets	39 000	27 000	142 000	21 000
Total Assets	77 000	27 000	142 000	21 000
Total Equity	−14 000	−24 000	23 000	−49 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	0	0
Unpaid Taxes	0	0	44 000	10 000
Dividends	0	0	0	0
Other Current Debt	90 000	51 000	40 000	56 000
Total Current Debt	91 000	52 000	119 000	70 000
Total Equity and Debt	77 000	27 000	142 000	21 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71,43 %	195,83 %	308,7 %	57,14 %
Debt-to-Equity Ratio	−0	−0	0	−0
Operating Profit Margin	16,67 %	−106,82 %	53,5 %	−32,5 %
Current Ratio	0,43	0,52	1,19	0,3
Quick Ratio	0,43	0,52	1,19	0,3
Equity Ratio	−0,18	−0,89	0,16	−2,33
Gross Profit Margin	100 %	27,27 %	100 %	100 %