VARE EIENDOM AS

0178 OSLO

Finances

Return on Equity

−23,66 %

Current Ratio

Debt-to-Equity Ratio

4,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 950 000	−619 000	−312 000	−94 000
Total Assets	102 302 000	97 063 000	89 514 000	75 963 000
Total Equity	8 243 000	10 193 000	10 812 000	11 123 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	20 000	57 000	57 000	80 000
Operating Profit	−20 000	−57 000	−57 000	−80 000
Financial Income	2 632 000	1 431 000	1 502 000	1 485 000
Financial Costs	3 207 000	2 167 000	1 844 000	1 526 000
Financial Balance	−575 000	−736 000	−342 000	−41 000
Earnings Before Tax	−594 000	−793 000	−400 000	−120 000
Tax	1 356 000	−175 000	−88 000	−26 000
Net Income	−1 950 000	−619 000	−312 000	−94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	102 194 000	96 929 000	89 326 000	75 739 000
Total Current Assets	108 000	134 000	188 000	224 000
Total Assets	102 302 000	97 063 000	89 514 000	75 963 000
Total Retained Equity	−6 757 000	−4 807 000	−4 188 000	−3 877 000
Total Equity	8 243 000	10 193 000	10 812 000	11 123 000
Total Long-Term Debt	34 461 000	0	0	0
Total Current Debt	59 598 000	86 870 000	78 702 000	64 840 000
Total Equity and Debt	102 302 000	97 063 000	89 514 000	75 963 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	20 000	57 000	57 000	80 000
Operating Profit	−20 000	−57 000	−57 000	−80 000
Financial Income	2 632 000	1 431 000	1 502 000	1 485 000
Financial Costs	3 207 000	2 167 000	1 844 000	1 526 000
Financial Balance	−575 000	−736 000	−342 000	−41 000
Dividends	0	0	0	0
Net Income	−1 950 000	−619 000	−312 000	−94 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 356 000	1 181 000	1 093 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	102 194 000	95 574 000	88 145 000	74 646 000
Total Fixed Assets	102 194 000	96 929 000	89 326 000	75 739 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	108 000	134 000	188 000	224 000
Total Current Assets	108 000	134 000	188 000	224 000
Total Assets	102 302 000	97 063 000	89 514 000	75 963 000
Total Equity	8 243 000	10 193 000	10 812 000	11 123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 461 000	0	0	0
Creditors	0	13 000	15 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	27 399 000	20 576 000	8 037 000
Total Current Debt	59 598 000	86 870 000	78 702 000	64 840 000
Total Equity and Debt	102 302 000	97 063 000	89 514 000	75 963 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,66 %	−6,07 %	−2,89 %	−0,85 %
Debt-to-Equity Ratio	4,18	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0	0	0	0
Quick Ratio	0	0	0	0
Equity Ratio	0,08	0,11	0,12	0,15
Gross Profit Margin	-	-	-	-