VARDEN MASKIN AS

4364 SIREVÅG

Finances

Share Ownership

Return on Equity

9,43 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 192 000	13 570 000	15 088 000	12 050 000
Net Income	190 000	28 000	19 000	−457 000
Total Assets	6 757 000	5 411 000	6 261 000	5 370 000
Total Equity	2 014 000	2 393 000	2 365 000	1 691 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 192 000	13 570 000	15 088 000	12 050 000
Expenditure	11 911 000	13 469 000	15 003 000	12 555 000
Operating Profit	281 000	102 000	85 000	−505 000
Financial Income	25 000	3 000	14 000	0
Financial Costs	67 000	59 000	64 000	81 000
Financial Balance	−42 000	−56 000	−50 000	−81 000
Earnings Before Tax	238 000	46 000	35 000	−586 000
Tax	48 000	18 000	16 000	−129 000
Net Income	190 000	28 000	19 000	−457 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 541 000	2 470 000	3 107 000	3 567 000
Total Current Assets	5 216 000	2 941 000	3 154 000	1 803 000
Total Assets	6 757 000	5 411 000	6 261 000	5 370 000
Total Retained Equity	−191 000	188 000	159 000	141 000
Total Equity	2 014 000	2 393 000	2 365 000	1 691 000
Total Long-Term Debt	790 000	888 000	1 286 000	1 399 000
Total Current Debt	3 953 000	2 130 000	2 610 000	2 280 000
Total Equity and Debt	6 757 000	5 411 000	6 261 000	5 370 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 848 000	13 570 000	14 272 000	12 050 000
Other Income	344 000	0	816 000	0
Revenue	12 192 000	13 570 000	15 088 000	12 050 000
Cost of Goods Sold	3 679 000	4 789 000	6 499 000	4 768 000
Salary Costs	3 414 000	4 108 000	4 231 000	3 881 000
Depreciation	551 000	733 000	755 000	685 000
Impairment	0	0	0	0
Expenditure	11 911 000	13 469 000	15 003 000	12 555 000
Operating Profit	281 000	102 000	85 000	−505 000
Financial Income	25 000	3 000	14 000	0
Financial Costs	67 000	59 000	64 000	81 000
Financial Balance	−42 000	−56 000	−50 000	−81 000
Dividends	0	0	0	0
Net Income	190 000	28 000	19 000	−457 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	99 000	118 000	136 000	154 000
Machinery and Plant Facilities	674 000	1 753 000	2 205 000	2 497 000
Fixtures	767 000	599 000	765 000	916 000
Total Tangible Assets	1 541 000	2 470 000	3 107 000	3 567 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 541 000	2 470 000	3 107 000	3 567 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	131 000	146 000	115 000	155 000
Total Current Assets	5 216 000	2 941 000	3 154 000	1 803 000
Total Assets	6 757 000	5 411 000	6 261 000	5 370 000
Total Equity	2 014 000	2 393 000	2 365 000	1 691 000
Short-Term Group Debt	650 000	0	0	236 000
Total Long-Term Debt	790 000	888 000	1 286 000	1 399 000
Creditors	1 106 000	858 000	694 000	916 000
Unpaid Taxes	974 000	518 000	533 000	542 000
Dividends	0	0	0	0
Other Current Debt	338 000	640 000	730 000	413 000
Total Current Debt	3 953 000	2 130 000	2 610 000	2 280 000
Total Equity and Debt	6 757 000	5 411 000	6 261 000	5 370 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,43 %	1,17 %	0,8 %	−27,03 %
Debt-to-Equity Ratio	0,39	0,37	0,54	0,83
Operating Profit Margin	2,3 %	0,75 %	0,56 %	−4,19 %
Current Ratio	1,32	1,38	1,21	0,79
Quick Ratio	1,32	1,38	1,21	0,79
Equity Ratio	0,3	0,44	0,38	0,31
Gross Profit Margin	69,82 %	64,71 %	56,93 %	60,43 %