VARG TRADING AS

3940 PORSGRUNN

Finances

Return on Equity

20,27 %

Current Ratio

11,16

Debt-to-Equity Ratio

1,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 055 000	4 302 000	5 271 000	1 833 000
Net Income	287 000	474 000	947 000	148 000
Total Assets	3 580 000	2 725 000	1 470 000	572 000
Total Equity	1 416 000	1 129 000	655 000	−292 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 055 000	4 302 000	5 271 000	1 833 000
Expenditure	4 946 000	3 359 000	4 474 000	1 739 000
Operating Profit	1 109 000	942 000	797 000	94 000
Financial Income	56 000	6 000	225 000	178 000
Financial Costs	722 000	271 000	36 000	124 000
Financial Balance	−666 000	−265 000	189 000	54 000
Earnings Before Tax	443 000	677 000	987 000	148 000
Tax	156 000	203 000	40 000	0
Net Income	287 000	474 000	947 000	148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	255 000	179 000	215 000	0
Total Current Assets	3 326 000	2 546 000	1 255 000	572 000
Total Assets	3 580 000	2 725 000	1 470 000	572 000
Total Retained Equity	852 000	566 000	92 000	−855 000
Total Equity	1 416 000	1 129 000	655 000	−292 000
Total Long-Term Debt	1 867 000	1 382 000	155 000	130 000
Total Current Debt	298 000	214 000	660 000	734 000
Total Equity and Debt	3 580 000	2 725 000	1 470 000	572 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 055 000	4 302 000	5 253 000	1 764 000
Other Income	0	0	18 000	69 000
Revenue	6 055 000	4 302 000	5 271 000	1 833 000
Cost of Goods Sold	4 236 000	2 848 000	4 075 000	1 530 000
Salary Costs	0	0	0	0
Depreciation	38 000	35 000	17 000	0
Impairment	0	0	0	0
Expenditure	4 946 000	3 359 000	4 474 000	1 739 000
Operating Profit	1 109 000	942 000	797 000	94 000
Financial Income	56 000	6 000	225 000	178 000
Financial Costs	722 000	271 000	36 000	124 000
Financial Balance	−666 000	−265 000	189 000	54 000
Dividends	0	0	0	0
Net Income	287 000	474 000	947 000	148 000

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	92 000	124 000	157 000	0
Fixtures	46 000	27 000	30 000	0
Total Tangible Assets	138 000	151 000	186 000	0
Total Fiancial Fixed Assets	116 000	29 000	29 000	0
Total Fixed Assets	255 000	179 000	215 000	0
Stock	96 000	292 000	337 000	108 000
Total Investments	1 232 000	1 234 000	0	0
Cash, Bank	271 000	202 000	241 000	204 000
Total Current Assets	3 326 000	2 546 000	1 255 000	572 000
Total Assets	3 580 000	2 725 000	1 470 000	572 000
Total Equity	1 416 000	1 129 000	655 000	−292 000
Short-Term Group Debt	113 000	0	0	0
Total Long-Term Debt	1 867 000	1 382 000	155 000	130 000
Creditors	22 000	12 000	35 000	61 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	34 000	0	593 000	673 000
Total Current Debt	298 000	214 000	660 000	734 000
Total Equity and Debt	3 580 000	2 725 000	1 470 000	572 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,27 %	41,98 %	144,58 %	−50,68 %
Debt-to-Equity Ratio	1,32	1,22	0,24	−0,45
Operating Profit Margin	18,32 %	21,9 %	15,12 %	5,13 %
Current Ratio	11,16	11,9	1,9	0,78
Quick Ratio	16,47	−32,64	3,89	0,91
Equity Ratio	0,4	0,41	0,45	−0,51
Gross Profit Margin	30,04 %	33,8 %	22,69 %	16,53 %