VARIOEDGE NORGE AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

54,59 %

Current Ratio

0,14

Debt-to-Equity Ratio

−0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	541 000	603 000	4 097 000	9 588 000
Net Income	−482 000	−718 000	−766 000	412 000
Total Assets	341 000	702 000	1 700 000	3 612 000
Total Equity	−883 000	−402 000	316 000	1 082 000

Income (NOK)	2022	2021	2020	2019
Revenue	541 000	603 000	4 097 000	9 588 000
Expenditure	1 008 000	1 483 000	4 879 000	9 046 000
Operating Profit	−467 000	−881 000	−782 000	542 000
Financial Income	0	14 000	20 000	1 000
Financial Costs	14 000	8 000	19 000	2 000
Financial Balance	−14 000	6 000	1 000	−1 000
Earnings Before Tax	−482 000	−875 000	−781 000	541 000
Tax	0	−158 000	−15 000	129 000
Net Income	−482 000	−718 000	−766 000	412 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	210 000	277 000	778 000	904 000
Total Current Assets	131 000	425 000	922 000	2 708 000
Total Assets	341 000	702 000	1 700 000	3 612 000
Total Retained Equity	−913 000	−432 000	286 000	1 052 000
Total Equity	−883 000	−402 000	316 000	1 082 000
Total Long-Term Debt	278 000	150 000	0	15 000
Total Current Debt	946 000	954 000	1 384 000	2 514 000
Total Equity and Debt	341 000	702 000	1 700 000	3 612 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	539 000	585 000	3 978 000	9 588 000
Other Income	3 000	17 000	119 000	0
Revenue	541 000	603 000	4 097 000	9 588 000
Cost of Goods Sold	0	0	0	260 000
Salary Costs	421 000	494 000	3 602 000	7 597 000
Depreciation	66 000	125 000	148 000	67 000
Impairment	0	0	0	0
Expenditure	1 008 000	1 483 000	4 879 000	9 046 000
Operating Profit	−467 000	−881 000	−782 000	542 000
Financial Income	0	14 000	20 000	1 000
Financial Costs	14 000	8 000	19 000	2 000
Financial Balance	−14 000	6 000	1 000	−1 000
Dividends	0	0	0	0
Net Income	−482 000	−718 000	−766 000	412 000

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	63 000	129 000	387 000	535 000
Total Tangible Assets	63 000	129 000	387 000	535 000
Total Fiancial Fixed Assets	147 000	148 000	391 000	369 000
Total Fixed Assets	210 000	277 000	778 000	904 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	30 000	185 000	483 000	941 000
Total Current Assets	131 000	425 000	922 000	2 708 000
Total Assets	341 000	702 000	1 700 000	3 612 000
Total Equity	−883 000	−402 000	316 000	1 082 000
Short-Term Group Debt	320 000	320 000	210 000	0
Total Long-Term Debt	278 000	150 000	0	15 000
Creditors	421 000	445 000	273 000	587 000
Unpaid Taxes	9 000	27 000	456 000	1 172 000
Dividends	0	0	0	0
Other Current Debt	196 000	163 000	445 000	642 000
Total Current Debt	946 000	954 000	1 384 000	2 514 000
Total Equity and Debt	341 000	702 000	1 700 000	3 612 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,59 %	178,61 %	−242,41 %	38,08 %
Debt-to-Equity Ratio	−0,31	−0,37	0	0,01
Operating Profit Margin	−86,32 %	−146,1 %	−19,09 %	5,65 %
Current Ratio	0,14	0,45	0,67	1,08
Quick Ratio	0,14	0,45	0,67	1,08
Equity Ratio	−2,59	−0,57	0,19	0,3
Gross Profit Margin	100 %	100 %	100 %	97,29 %