VARSIMLA AS

0553 OSLO

Finances

Return on Equity

9,36 %

Current Ratio

2,19

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	826 000	715 000	675 000	458 000
Net Income	856 000	1 999 000	1 945 000	1 820 000
Total Assets	9 870 000	15 690 000	16 025 000	9 668 000
Total Equity	9 150 000	9 144 000	7 145 000	5 201 000

Income (NOK)	2022	2021	2020	2019
Revenue	826 000	715 000	675 000	458 000
Expenditure	347 000	507 000	422 000	371 000
Operating Profit	479 000	208 000	253 000	87 000
Financial Income	601 000	2 000 000	2 001 000	1 901 000
Financial Costs	140 000	209 000	325 000	190 000
Financial Balance	461 000	1 791 000	1 676 000	1 711 000
Earnings Before Tax	940 000	1 998 000	1 929 000	1 798 000
Tax	84 000	0	−16 000	−23 000
Net Income	856 000	1 999 000	1 945 000	1 820 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 717 000	13 805 000	13 901 000	6 335 000
Total Current Assets	1 153 000	1 885 000	2 124 000	3 333 000
Total Assets	9 870 000	15 690 000	16 025 000	9 668 000
Total Retained Equity	7 846 000	7 839 000	5 841 000	3 906 000
Total Equity	9 150 000	9 144 000	7 145 000	5 201 000
Total Long-Term Debt	194 000	6 453 000	8 728 000	4 314 000
Total Current Debt	526 000	93 000	152 000	154 000
Total Equity and Debt	9 870 000	15 690 000	16 025 000	9 668 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	715 000	675 000	458 000
Other Income	826 000	0	0	0
Revenue	826 000	715 000	675 000	458 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	96 000	96 000	96 000	96 000
Impairment	0	0	0	0
Expenditure	347 000	507 000	422 000	371 000
Operating Profit	479 000	208 000	253 000	87 000
Financial Income	601 000	2 000 000	2 001 000	1 901 000
Financial Costs	140 000	209 000	325 000	190 000
Financial Balance	461 000	1 791 000	1 676 000	1 711 000
Dividends	850 000	0	0	0
Net Income	856 000	1 999 000	1 945 000	1 820 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 474 000	0	13 618 000	6 112 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	13 522 000	0	0
Total Tangible Assets	8 474 000	13 522 000	13 618 000	6 112 000
Total Fiancial Fixed Assets	243 000	283 000	283 000	223 000
Total Fixed Assets	8 717 000	13 805 000	13 901 000	6 335 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	126 000	44 000	74 000	1 303 000
Total Current Assets	1 153 000	1 885 000	2 124 000	3 333 000
Total Assets	9 870 000	15 690 000	16 025 000	9 668 000
Total Equity	9 150 000	9 144 000	7 145 000	5 201 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	194 000	6 453 000	8 728 000	4 314 000
Creditors	0	0	0	17 000
Unpaid Taxes	0	0	0	0
Dividends	850 000	0	0	0
Other Current Debt	30 000	49 000	105 000	91 000
Total Current Debt	526 000	93 000	152 000	154 000
Total Equity and Debt	9 870 000	15 690 000	16 025 000	9 668 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,36 %	21,86 %	27,22 %	34,99 %
Debt-to-Equity Ratio	0,02	0,71	1,22	0,83
Operating Profit Margin	57,99 %	29,09 %	37,48 %	19 %
Current Ratio	2,19	20,27	13,97	21,64
Quick Ratio	2,19	20,27	13,97	21,64
Equity Ratio	0,93	0,58	0,45	0,54
Gross Profit Margin	100 %	100 %	100 %	100 %