VARDEN BYGG AS

2848 SKREIA

Finances

Share Ownership

Return on Equity

33,86 %

Current Ratio

1,91

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 228 000	11 585 000	9 468 000	9 201 000
Net Income	683 000	591 000	538 000	519 000
Total Assets	4 827 000	5 923 000	5 821 000	3 374 000
Total Equity	2 017 000	1 334 000	1 243 000	1 006 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 228 000	11 585 000	9 468 000	9 201 000
Expenditure	12 294 000	10 784 000	8 711 000	8 463 000
Operating Profit	934 000	800 000	757 000	737 000
Financial Income	4 000	4 000	3 000	2 000
Financial Costs	49 000	38 000	62 000	63 000
Financial Balance	−45 000	−34 000	−59 000	−61 000
Earnings Before Tax	889 000	766 000	698 000	677 000
Tax	207 000	175 000	160 000	158 000
Net Income	683 000	591 000	538 000	519 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 689 000	1 753 000	1 798 000	1 729 000
Total Current Assets	3 138 000	4 170 000	4 024 000	1 644 000
Total Assets	4 827 000	5 923 000	5 821 000	3 374 000
Total Retained Equity	1 987 000	1 304 000	1 213 000	976 000
Total Equity	2 017 000	1 334 000	1 243 000	1 006 000
Total Long-Term Debt	1 169 000	3 144 000	3 219 000	1 394 000
Total Current Debt	1 642 000	1 445 000	1 359 000	974 000
Total Equity and Debt	4 827 000	5 923 000	5 821 000	3 374 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 099 000	11 457 000	9 347 000	9 072 000
Other Income	130 000	128 000	121 000	129 000
Revenue	13 228 000	11 585 000	9 468 000	9 201 000
Cost of Goods Sold	7 045 000	6 012 000	4 423 000	5 251 000
Salary Costs	4 366 000	3 892 000	3 531 000	2 591 000
Depreciation	64 000	47 000	42 000	42 000
Impairment	0	0	0	0
Expenditure	12 294 000	10 784 000	8 711 000	8 463 000
Operating Profit	934 000	800 000	757 000	737 000
Financial Income	4 000	4 000	3 000	2 000
Financial Costs	49 000	38 000	62 000	63 000
Financial Balance	−45 000	−34 000	−59 000	−61 000
Dividends	0	500 000	300 000	0
Net Income	683 000	591 000	538 000	519 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 603 000	1 638 000	1 674 000	1 709 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	86 000	115 000	13 000	20 000
Total Tangible Assets	1 689 000	1 753 000	1 687 000	1 729 000
Total Fiancial Fixed Assets	0	0	110 000	0
Total Fixed Assets	1 689 000	1 753 000	1 798 000	1 729 000
Stock	0	2 140 000	1 973 000	0
Total Investments	0	0	0	0
Cash, Bank	1 917 000	715 000	1 397 000	1 072 000
Total Current Assets	3 138 000	4 170 000	4 024 000	1 644 000
Total Assets	4 827 000	5 923 000	5 821 000	3 374 000
Total Equity	2 017 000	1 334 000	1 243 000	1 006 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 169 000	3 144 000	3 219 000	1 394 000
Creditors	391 000	361 000	338 000	152 000
Unpaid Taxes	705 000	572 000	551 000	273 000
Dividends	0	500 000	300 000	0
Other Current Debt	340 000	337 000	310 000	391 000
Total Current Debt	1 642 000	1 445 000	1 359 000	974 000
Total Equity and Debt	4 827 000	5 923 000	5 821 000	3 374 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,86 %	44,3 %	43,28 %	51,59 %
Debt-to-Equity Ratio	0,58	2,36	2,59	1,39
Operating Profit Margin	7,06 %	6,91 %	8 %	8,01 %
Current Ratio	1,91	2,89	2,96	1,69
Quick Ratio	1,91	−6	−6,55	1,69
Equity Ratio	0,42	0,23	0,21	0,3
Gross Profit Margin	46,74 %	48,11 %	53,28 %	42,93 %