VARANGER GOLFPARK AS

9802 VESTRE JAKOBSELV

Finances

Share Ownership

Return on Equity

36,18 %

Current Ratio

0,16

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 710 000	480 000	1 042 000	1 702 000
Net Income	1 376 000	−487 000	100 000	982 000
Total Assets	5 835 000	5 857 000	6 470 000	4 921 000
Total Equity	3 803 000	2 427 000	2 914 000	2 800 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 710 000	480 000	1 042 000	1 702 000
Expenditure	1 252 000	879 000	856 000	774 000
Operating Profit	1 459 000	−399 000	186 000	928 000
Financial Income	0	0	0	132 000
Financial Costs	83 000	87 000	86 000	78 000
Financial Balance	−83 000	−87 000	−86 000	54 000
Earnings Before Tax	1 376 000	−487 000	100 000	982 000
Tax	0	0	0	0
Net Income	1 376 000	−487 000	100 000	982 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 804 000	5 748 000	5 305 000	4 780 000
Total Current Assets	31 000	109 000	1 166 000	141 000
Total Assets	5 835 000	5 857 000	6 470 000	4 921 000
Total Retained Equity	3 440 000	2 064 000	2 551 000	2 451 000
Total Equity	3 803 000	2 427 000	2 914 000	2 800 000
Total Long-Term Debt	1 836 000	3 431 000	3 513 000	2 103 000
Total Current Debt	195 000	−2 000	44 000	19 000
Total Equity and Debt	5 835 000	5 857 000	6 470 000	4 921 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	460 000	480 000	1 042 000	1 702 000
Other Income	2 250 000	0	0	0
Revenue	2 710 000	480 000	1 042 000	1 702 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	805 000	540 000	513 000	531 000
Impairment	0	0	0	0
Expenditure	1 252 000	879 000	856 000	774 000
Operating Profit	1 459 000	−399 000	186 000	928 000
Financial Income	0	0	0	132 000
Financial Costs	83 000	87 000	86 000	78 000
Financial Balance	−83 000	−87 000	−86 000	54 000
Dividends	0	0	0	0
Net Income	1 376 000	−487 000	100 000	982 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 970 000	3 852 000	3 043 000	2 084 000
Machinery and Plant Facilities	1 786 000	1 832 000	2 249 000	2 696 000
Fixtures	48 000	64 000	13 000	0
Total Tangible Assets	5 804 000	5 748 000	5 305 000	4 780 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 804 000	5 748 000	5 305 000	4 780 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 000	109 000	1 166 000	141 000
Total Current Assets	31 000	109 000	1 166 000	141 000
Total Assets	5 835 000	5 857 000	6 470 000	4 921 000
Total Equity	3 803 000	2 427 000	2 914 000	2 800 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 836 000	3 431 000	3 513 000	2 103 000
Creditors	256 000	7 000	22 000	3 000
Unpaid Taxes	−61 000	−9 000	21 000	16 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	195 000	−2 000	44 000	19 000
Total Equity and Debt	5 835 000	5 857 000	6 470 000	4 921 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,18 %	−20,07 %	3,43 %	35,07 %
Debt-to-Equity Ratio	0,48	1,41	1,21	0,75
Operating Profit Margin	53,84 %	−83,13 %	17,85 %	54,52 %
Current Ratio	0,16	−54,5	26,5	7,42
Quick Ratio	0,16	−54,5	26,5	7,42
Equity Ratio	0,65	0,41	0,45	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %