STIFTELSEN VARDE

1366 LYSAKER

Finances

Share Ownership

Return on Equity

27,78 %

Current Ratio

10,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 000	0	590 000	731 000
Net Income	40 000	−52 000	−112 000	−141 000
Total Assets	159 000	104 000	157 000	268 000
Total Equity	144 000	104 000	157 000	268 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 000	0	590 000	731 000
Expenditure	16 000	52 000	702 000	867 000
Operating Profit	40 000	−52 000	−112 000	−136 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	5 000
Financial Balance	0	0	0	−5 000
Earnings Before Tax	40 000	−52 000	−112 000	−141 000
Tax	0	0	0	0
Net Income	40 000	−52 000	−112 000	−141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	159 000	104 000	157 000	268 000
Total Assets	159 000	104 000	157 000	268 000
Total Retained Equity	44 000	4 000	57 000	168 000
Total Equity	144 000	104 000	157 000	268 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 000	0	0	0
Total Equity and Debt	159 000	104 000	157 000	268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	56 000	0	590 000	731 000
Revenue	56 000	0	590 000	731 000
Cost of Goods Sold	0	36 000	685 000	846 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	16 000	52 000	702 000	867 000
Operating Profit	40 000	−52 000	−112 000	−136 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	5 000
Financial Balance	0	0	0	−5 000
Dividends	0	0	0	0
Net Income	40 000	−52 000	−112 000	−141 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	104 000	104 000	157 000	215 000
Total Current Assets	159 000	104 000	157 000	268 000
Total Assets	159 000	104 000	157 000	268 000
Total Equity	144 000	104 000	157 000	268 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	15 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	15 000	0	0	0
Total Equity and Debt	159 000	104 000	157 000	268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,78 %	−50 %	−71,34 %	−52,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	71,43 %	-	−18,98 %	−18,6 %
Current Ratio	10,6	-	-	-
Quick Ratio	10,6	-	-	-
Equity Ratio	0,91	1	1	1
Gross Profit Margin	100 %	-	−16,1 %	−15,73 %