VARNAVEIEN 41 AS

0661 OSLO

Finances

Share Ownership

Return on Equity

13,11 %

Current Ratio

13,45

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 961 000	1 823 000	1 752 000	522 000
Net Income	1 448 000	1 412 000	9 256 000	−635 000
Total Assets	11 734 000	11 605 000	11 727 000	12 357 000
Total Equity	11 045 000	9 597 000	9 496 000	897 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 961 000	1 823 000	1 752 000	522 000
Expenditure	492 000	422 000	745 000	1 099 000
Operating Profit	1 468 000	1 402 000	1 007 000	−577 000
Financial Income	454 000	409 000	8 590 000	10 000
Financial Costs	52 000	0	121 000	247 000
Financial Balance	402 000	409 000	8 469 000	−237 000
Earnings Before Tax	1 871 000	1 811 000	9 476 000	−814 000
Tax	423 000	398 000	220 000	−179 000
Net Income	1 448 000	1 412 000	9 256 000	−635 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 688 000	3 771 000	3 854 000	11 187 000
Total Current Assets	8 046 000	7 834 000	7 873 000	1 170 000
Total Assets	11 734 000	11 605 000	11 727 000	12 357 000
Total Retained Equity	10 110 000	8 662 000	8 560 000	−39 000
Total Equity	11 045 000	9 597 000	9 496 000	897 000
Total Long-Term Debt	90 000	67 000	38 000	3 000
Total Current Debt	598 000	1 941 000	2 192 000	11 457 000
Total Equity and Debt	11 734 000	11 605 000	11 727 000	12 357 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 961 000	1 823 000	1 752 000	522 000
Revenue	1 961 000	1 823 000	1 752 000	522 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	83 000	83 000	83 000	7 000
Impairment	0	0	0	0
Expenditure	492 000	422 000	745 000	1 099 000
Operating Profit	1 468 000	1 402 000	1 007 000	−577 000
Financial Income	454 000	409 000	8 590 000	10 000
Financial Costs	52 000	0	121 000	247 000
Financial Balance	402 000	409 000	8 469 000	−237 000
Dividends	0	0	0	0
Net Income	1 448 000	1 412 000	9 256 000	−635 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 688 000	3 771 000	3 854 000	3 937 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 688 000	3 771 000	3 854 000	3 937 000
Total Fiancial Fixed Assets	0	0	0	7 250 000
Total Fixed Assets	3 688 000	3 771 000	3 854 000	11 187 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 938 000	7 730 000	7 693 000	0
Total Current Assets	8 046 000	7 834 000	7 873 000	1 170 000
Total Assets	11 734 000	11 605 000	11 727 000	12 357 000
Total Equity	11 045 000	9 597 000	9 496 000	897 000
Short-Term Group Debt	0	1 681 000	1 830 000	9 740 000
Total Long-Term Debt	90 000	67 000	38 000	3 000
Creditors	135 000	30 000	130 000	375 000
Unpaid Taxes	64 000	37 000	79 000	−158 000
Dividends	0	0	0	0
Other Current Debt	0	193 000	153 000	35 000
Total Current Debt	598 000	1 941 000	2 192 000	11 457 000
Total Equity and Debt	11 734 000	11 605 000	11 727 000	12 357 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,11 %	14,71 %	97,47 %	−70,79 %
Debt-to-Equity Ratio	0,01	0,01	0	0
Operating Profit Margin	74,86 %	76,91 %	57,48 %	−110,54 %
Current Ratio	13,45	4,04	3,59	0,1
Quick Ratio	13,45	4,04	3,59	0,1
Equity Ratio	0,94	0,83	0,81	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %