BS VARE-EXPRESS AS

3086 HOLMESTRAND

Finances

Share Ownership

Return on Equity

46,64 %

Current Ratio

3,16

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 061 000	4 846 000	3 103 000	2 751 000
Net Income	1 459 000	1 494 000	401 000	276 000
Total Assets	4 269 000	2 823 000	2 081 000	1 807 000
Total Equity	3 128 000	1 670 000	1 045 000	1 045 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 061 000	4 846 000	3 103 000	2 751 000
Expenditure	3 190 000	2 926 000	2 584 000	2 395 000
Operating Profit	1 871 000	1 920 000	519 000	356 000
Financial Income	0	0	0	0
Financial Costs	1 000	5 000	6 000	3 000
Financial Balance	−1 000	−5 000	−6 000	−3 000
Earnings Before Tax	1 870 000	1 916 000	514 000	354 000
Tax	411 000	421 000	113 000	78 000
Net Income	1 459 000	1 494 000	401 000	276 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	721 000	988 000	1 043 000	772 000
Total Current Assets	3 548 000	1 835 000	1 038 000	1 036 000
Total Assets	4 269 000	2 823 000	2 081 000	1 807 000
Total Retained Equity	3 098 000	1 640 000	845 000	845 000
Total Equity	3 128 000	1 670 000	1 045 000	1 045 000
Total Long-Term Debt	19 000	34 000	424 000	237 000
Total Current Debt	1 122 000	1 119 000	612 000	526 000
Total Equity and Debt	4 269 000	2 823 000	2 081 000	1 807 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 061 000	4 846 000	3 012 000	2 751 000
Other Income	0	0	92 000	0
Revenue	5 061 000	4 846 000	3 103 000	2 751 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 274 000	1 848 000	1 728 000	1 392 000
Depreciation	267 000	291 000	204 000	159 000
Impairment	0	0	0	0
Expenditure	3 190 000	2 926 000	2 584 000	2 395 000
Operating Profit	1 871 000	1 920 000	519 000	356 000
Financial Income	0	0	0	0
Financial Costs	1 000	5 000	6 000	3 000
Financial Balance	−1 000	−5 000	−6 000	−3 000
Dividends	0	700 000	400 000	0
Net Income	1 459 000	1 494 000	401 000	276 000

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	721 000	988 000	1 043 000	772 000
Total Tangible Assets	721 000	988 000	1 043 000	772 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	721 000	988 000	1 043 000	772 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 676 000	1 046 000	466 000	864 000
Total Current Assets	3 548 000	1 835 000	1 038 000	1 036 000
Total Assets	4 269 000	2 823 000	2 081 000	1 807 000
Total Equity	3 128 000	1 670 000	1 045 000	1 045 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 000	34 000	424 000	237 000
Creditors	44 000	29 000	19 000	28 000
Unpaid Taxes	427 000	472 000	361 000	277 000
Dividends	0	700 000	400 000	0
Other Current Debt	225 000	178 000	149 000	154 000
Total Current Debt	1 122 000	1 119 000	612 000	526 000
Total Equity and Debt	4 269 000	2 823 000	2 081 000	1 807 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,64 %	89,46 %	38,37 %	26,41 %
Debt-to-Equity Ratio	0,01	0,02	0,41	0,23
Operating Profit Margin	36,97 %	39,62 %	16,73 %	12,94 %
Current Ratio	3,16	1,64	1,7	1,97
Quick Ratio	3,16	1,64	1,7	1,97
Equity Ratio	0,73	0,59	0,5	0,58
Gross Profit Margin	100 %	100 %	100 %	100 %