VARRI AS

0571 OSLO

Finances

Return on Equity

−65,45 %

Current Ratio

1,92

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 572 000	79 644 000	72 066 000	97 403 000
Net Income	−3 345 000	7 100 000	4 687 000	1 467 000
Total Assets	14 064 000	24 119 000	23 458 000	33 370 000
Total Equity	5 111 000	8 456 000	12 356 000	8 970 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 572 000	79 644 000	72 066 000	97 403 000
Expenditure	56 633 000	73 401 000	65 737 000	94 273 000
Operating Profit	−4 061 000	6 243 000	6 329 000	3 130 000
Financial Income	1 472 000	3 066 000	992 000	424 000
Financial Costs	481 000	192 000	1 305 000	1 665 000
Financial Balance	991 000	2 874 000	−313 000	−1 241 000
Earnings Before Tax	−3 071 000	9 116 000	6 016 000	1 889 000
Tax	274 000	2 016 000	1 329 000	423 000
Net Income	−3 345 000	7 100 000	4 687 000	1 467 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	276 000	836 000	902 000	1 537 000
Total Current Assets	13 789 000	23 283 000	22 556 000	31 833 000
Total Assets	14 064 000	24 119 000	23 458 000	33 370 000
Total Retained Equity	4 535 000	7 880 000	11 780 000	8 282 000
Total Equity	5 111 000	8 456 000	12 356 000	8 970 000
Total Long-Term Debt	1 781 000	3 038 000	4 295 000	5 552 000
Total Current Debt	7 172 000	12 624 000	6 807 000	18 848 000
Total Equity and Debt	14 064 000	24 119 000	23 458 000	33 370 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 572 000	79 638 000	72 066 000	97 403 000
Other Income	0	6 000	0	0
Revenue	52 572 000	79 644 000	72 066 000	97 403 000
Cost of Goods Sold	37 998 000	53 405 000	48 095 000	68 672 000
Salary Costs	9 899 000	10 495 000	9 325 000	13 121 000
Depreciation	286 000	616 000	531 000	464 000
Impairment	0	0	0	0
Expenditure	56 633 000	73 401 000	65 737 000	94 273 000
Operating Profit	−4 061 000	6 243 000	6 329 000	3 130 000
Financial Income	1 472 000	3 066 000	992 000	424 000
Financial Costs	481 000	192 000	1 305 000	1 665 000
Financial Balance	991 000	2 874 000	−313 000	−1 241 000
Dividends	0	0	0	0
Net Income	−3 345 000	7 100 000	4 687 000	1 467 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	60 000	300 000	540 000
Total Intangible Assets	0	334 000	518 000	845 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	276 000	501 000	370 000	661 000
Total Tangible Assets	276 000	501 000	370 000	661 000
Total Fiancial Fixed Assets	0	0	14 000	31 000
Total Fixed Assets	276 000	836 000	902 000	1 537 000
Stock	11 498 000	13 877 000	6 481 000	16 612 000
Total Investments	0	0	0	0
Cash, Bank	−131 000	6 085 000	11 621 000	5 022 000
Total Current Assets	13 789 000	23 283 000	22 556 000	31 833 000
Total Assets	14 064 000	24 119 000	23 458 000	33 370 000
Total Equity	5 111 000	8 456 000	12 356 000	8 970 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 781 000	3 038 000	4 295 000	5 552 000
Creditors	3 001 000	1 262 000	1 368 000	5 525 000
Unpaid Taxes	1 785 000	2 446 000	2 667 000	3 454 000
Dividends	0	0	0	0
Other Current Debt	2 386 000	6 844 000	1 530 000	1 469 000
Total Current Debt	7 172 000	12 624 000	6 807 000	18 848 000
Total Equity and Debt	14 064 000	24 119 000	23 458 000	33 370 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−65,45 %	83,96 %	37,93 %	16,35 %
Debt-to-Equity Ratio	0,35	0,36	0,35	0,62
Operating Profit Margin	−7,72 %	7,84 %	8,78 %	3,21 %
Current Ratio	1,92	1,84	3,31	1,69
Quick Ratio	−3,19	−18,58	69,19	14,24
Equity Ratio	0,36	0,35	0,53	0,27
Gross Profit Margin	27,72 %	32,95 %	33,26 %	29,5 %