VARDEN GRUPPEN AS

0570 OSLO

Finances

Return on Equity

37,65 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	334 502 000	266 146 000	202 549 000	246 544 000
Net Income	28 360 000	16 526 000	14 129 000	33 778 000
Total Assets	149 521 000	160 903 000	153 645 000	160 655 000
Total Equity	75 328 000	64 532 000	69 717 000	80 961 000

Income (NOK)	2022	2021	2020	2019
Revenue	334 502 000	266 146 000	202 549 000	246 544 000
Expenditure	317 578 000	244 954 000	193 107 000	230 172 000
Operating Profit	16 924 000	21 192 000	9 442 000	16 373 000
Financial Income	15 683 000	4 000	8 165 000	21 950 000
Financial Costs	214 000	3 000	1 205 000	35 000
Financial Balance	15 469 000	1 000	6 960 000	21 915 000
Earnings Before Tax	32 393 000	21 194 000	16 402 000	38 288 000
Tax	4 033 000	4 668 000	2 273 000	4 509 000
Net Income	28 360 000	16 526 000	14 129 000	33 778 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 060 000	40 976 000	22 492 000	45 049 000
Total Current Assets	109 461 000	119 926 000	131 153 000	115 606 000
Total Assets	149 521 000	160 903 000	153 645 000	160 655 000
Total Retained Equity	24 828 000	14 712 000	24 042 000	34 403 000
Total Equity	75 328 000	64 532 000	69 717 000	80 961 000
Total Long-Term Debt	1 846 000	2 939 000	2 451 000	178 000
Total Current Debt	72 346 000	93 431 000	81 477 000	79 516 000
Total Equity and Debt	149 521 000	160 903 000	153 645 000	160 655 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	333 469 000	266 121 000	202 543 000	246 544 000
Other Income	1 033 000	25 000	6 000	0
Revenue	334 502 000	266 146 000	202 549 000	246 544 000
Cost of Goods Sold	266 966 000	198 234 000	151 219 000	186 496 000
Salary Costs	35 957 000	37 273 000	28 369 000	30 614 000
Depreciation	2 011 000	1 918 000	2 029 000	2 010 000
Impairment	0	0	0	0
Expenditure	317 578 000	244 954 000	193 107 000	230 172 000
Operating Profit	16 924 000	21 192 000	9 442 000	16 373 000
Financial Income	15 683 000	4 000	8 165 000	21 950 000
Financial Costs	214 000	3 000	1 205 000	35 000
Financial Balance	15 469 000	1 000	6 960 000	21 915 000
Dividends	0	0	0	0
Net Income	28 360 000	16 526 000	14 129 000	33 778 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	2 798 000	4 198 000	5 597 000	6 996 000
Total Intangible Assets	2 975 000	4 254 000	5 653 000	7 053 000
Real Eastate	12 004 000	12 004 000	12 004 000	12 004 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 489 000	3 836 000	4 234 000	4 331 000
Total Tangible Assets	15 493 000	15 840 000	16 239 000	16 336 000
Total Fiancial Fixed Assets	21 592 000	20 882 000	600 000	21 661 000
Total Fixed Assets	40 060 000	40 976 000	22 492 000	45 049 000
Stock	0	0	0	0
Total Investments	10 022 000	0	0	0
Cash, Bank	64 348 000	71 638 000	87 221 000	51 983 000
Total Current Assets	109 461 000	119 926 000	131 153 000	115 606 000
Total Assets	149 521 000	160 903 000	153 645 000	160 655 000
Total Equity	75 328 000	64 532 000	69 717 000	80 961 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 846 000	2 939 000	2 451 000	178 000
Creditors	30 310 000	43 198 000	26 803 000	26 782 000
Unpaid Taxes	1 414 000	3 657 000	5 383 000	10 624 000
Dividends	0	0	0	0
Other Current Debt	25 697 000	28 040 000	34 935 000	39 918 000
Total Current Debt	72 346 000	93 431 000	81 477 000	79 516 000
Total Equity and Debt	149 521 000	160 903 000	153 645 000	160 655 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,65 %	25,61 %	20,27 %	41,72 %
Debt-to-Equity Ratio	0,02	0,05	0,04	0
Operating Profit Margin	5,06 %	7,96 %	4,66 %	6,64 %
Current Ratio	1,51	1,28	1,61	1,45
Quick Ratio	1,51	1,28	1,61	1,45
Equity Ratio	0,5	0,4	0,45	0,5
Gross Profit Margin	20,19 %	25,52 %	25,34 %	24,36 %