VARP ENTREPRENØR AS

3370 VIKERSUND

Finances

Share Ownership

Return on Equity

38,66 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 451 000	77 646 000	67 021 000	69 733 000
Net Income	1 960 000	3 052 000	3 610 000	1 776 000
Total Assets	14 996 000	17 252 000	23 817 000	14 593 000
Total Equity	5 070 000	5 110 000	7 059 000	3 449 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 451 000	77 646 000	67 021 000	69 733 000
Expenditure	49 908 000	73 673 000	62 327 000	67 388 000
Operating Profit	2 543 000	3 974 000	4 695 000	2 344 000
Financial Income	23 000	1 000	1 000	1 000
Financial Costs	25 000	30 000	37 000	63 000
Financial Balance	−2 000	−29 000	−36 000	−62 000
Earnings Before Tax	2 541 000	3 946 000	4 659 000	2 282 000
Tax	581 000	894 000	1 049 000	505 000
Net Income	1 960 000	3 052 000	3 610 000	1 776 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	477 000	360 000	547 000	785 000
Total Current Assets	14 519 000	16 891 000	23 270 000	13 807 000
Total Assets	14 996 000	17 252 000	23 817 000	14 593 000
Total Retained Equity	4 249 000	4 289 000	6 237 000	2 627 000
Total Equity	5 070 000	5 110 000	7 059 000	3 449 000
Total Long-Term Debt	336 000	571 000	503 000	432 000
Total Current Debt	9 590 000	11 570 000	16 255 000	10 712 000
Total Equity and Debt	14 996 000	17 252 000	23 817 000	14 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 451 000	77 646 000	66 995 000	69 680 000
Other Income	0	0	26 000	52 000
Revenue	52 451 000	77 646 000	67 021 000	69 733 000
Cost of Goods Sold	37 790 000	60 913 000	51 476 000	56 336 000
Salary Costs	9 124 000	8 719 000	8 233 000	8 306 000
Depreciation	209 000	259 000	295 000	316 000
Impairment	0	0	0	0
Expenditure	49 908 000	73 673 000	62 327 000	67 388 000
Operating Profit	2 543 000	3 974 000	4 695 000	2 344 000
Financial Income	23 000	1 000	1 000	1 000
Financial Costs	25 000	30 000	37 000	63 000
Financial Balance	−2 000	−29 000	−36 000	−62 000
Dividends	2 000 000	5 000 000	0	0
Net Income	1 960 000	3 052 000	3 610 000	1 776 000

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	477 000	360 000	547 000	785 000
Total Tangible Assets	477 000	360 000	547 000	785 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	477 000	360 000	547 000	785 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	753 000	650 000	4 249 000	1 136 000
Total Current Assets	14 519 000	16 891 000	23 270 000	13 807 000
Total Assets	14 996 000	17 252 000	23 817 000	14 593 000
Total Equity	5 070 000	5 110 000	7 059 000	3 449 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	336 000	571 000	503 000	432 000
Creditors	2 605 000	5 772 000	5 452 000	5 561 000
Unpaid Taxes	798 000	1 194 000	1 816 000	2 187 000
Dividends	2 000 000	5 000 000	0	0
Other Current Debt	5 370 000	3 888 000	8 009 000	2 750 000
Total Current Debt	9 590 000	11 570 000	16 255 000	10 712 000
Total Equity and Debt	14 996 000	17 252 000	23 817 000	14 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,66 %	59,73 %	51,14 %	51,49 %
Debt-to-Equity Ratio	0,07	0,11	0,07	0,13
Operating Profit Margin	4,85 %	5,12 %	7,01 %	3,36 %
Current Ratio	1,51	1,46	1,43	1,29
Quick Ratio	1,51	1,46	1,43	1,29
Equity Ratio	0,34	0,3	0,3	0,24
Gross Profit Margin	27,95 %	21,55 %	23,19 %	19,21 %