VARNAVEIEN HANDELSPARK II AS

0661 OSLO

Finances

Share Ownership

Return on Equity

30,74 %

Current Ratio

0,07

Debt-to-Equity Ratio

2,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 965 000	1 803 000	2 382 000	2 296 000
Net Income	489 000	886 000	1 631 000	1 740 000
Total Assets	6 155 000	6 995 000	5 731 000	5 664 000
Total Equity	1 591 000	1 102 000	1 072 000	1 040 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 965 000	1 803 000	2 382 000	2 296 000
Expenditure	1 143 000	525 000	260 000	186 000
Operating Profit	823 000	1 278 000	2 123 000	2 110 000
Financial Income	66 000	60 000	42 000	229 000
Financial Costs	262 000	203 000	74 000	109 000
Financial Balance	−196 000	−143 000	−32 000	120 000
Earnings Before Tax	627 000	1 136 000	2 091 000	2 231 000
Tax	138 000	250 000	460 000	491 000
Net Income	489 000	886 000	1 631 000	1 740 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 112 000	5 567 000	5 616 000	5 664 000
Total Current Assets	43 000	1 428 000	116 000	0
Total Assets	6 155 000	6 995 000	5 731 000	5 664 000
Total Retained Equity	721 000	232 000	201 000	169 000
Total Equity	1 591 000	1 102 000	1 072 000	1 040 000
Total Long-Term Debt	3 973 000	4 760 000	2 499 000	2 228 000
Total Current Debt	592 000	1 133 000	2 161 000	2 397 000
Total Equity and Debt	6 155 000	6 995 000	5 731 000	5 664 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 965 000	1 803 000	2 382 000	2 296 000
Revenue	1 965 000	1 803 000	2 382 000	2 296 000
Cost of Goods Sold	1 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	55 000	49 000	49 000	49 000
Impairment	0	0	0	0
Expenditure	1 143 000	525 000	260 000	186 000
Operating Profit	823 000	1 278 000	2 123 000	2 110 000
Financial Income	66 000	60 000	42 000	229 000
Financial Costs	262 000	203 000	74 000	109 000
Financial Balance	−196 000	−143 000	−32 000	120 000
Dividends	0	0	0	0
Net Income	489 000	886 000	1 631 000	1 740 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 112 000	5 567 000	5 616 000	5 664 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 112 000	5 567 000	5 616 000	5 664 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 112 000	5 567 000	5 616 000	5 664 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	1 425 000	81 000	0
Total Current Assets	43 000	1 428 000	116 000	0
Total Assets	6 155 000	6 995 000	5 731 000	5 664 000
Total Equity	1 591 000	1 102 000	1 072 000	1 040 000
Short-Term Group Debt	0	1 097 000	2 050 000	2 188 000
Total Long-Term Debt	3 973 000	4 760 000	2 499 000	2 228 000
Creditors	463 000	14 000	111 000	79 000
Unpaid Taxes	0	22 000	0	4 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	35 000
Total Current Debt	592 000	1 133 000	2 161 000	2 397 000
Total Equity and Debt	6 155 000	6 995 000	5 731 000	5 664 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,74 %	80,4 %	152,15 %	167,31 %
Debt-to-Equity Ratio	2,5	4,32	2,33	2,14
Operating Profit Margin	41,88 %	70,88 %	89,13 %	91,9 %
Current Ratio	0,07	1,26	0,05	0
Quick Ratio	0,07	1,26	0,05	0
Equity Ratio	0,26	0,16	0,19	0,18
Gross Profit Margin	99,95 %	100 %	100 %	100 %