VÆRRBAKKAN HUS AS

8480 ANDENES

Finances

Share Ownership

Return on Equity

52,6 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	154 000	208 000	173 000	188 000
Net Income	−547 000	−353 000	−296 000	102 000
Total Assets	1 349 000	823 000	1 280 000	1 497 000
Total Equity	−1 040 000	−193 000	160 000	457 000

Income (NOK)	2022	2021	2020	2019
Revenue	154 000	208 000	173 000	188 000
Expenditure	701 000	561 000	468 000	79 000
Operating Profit	−547 000	−353 000	−295 000	109 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	7 000
Financial Balance	0	0	−1 000	−7 000
Earnings Before Tax	−547 000	−353 000	−296 000	102 000
Tax	0	0	0	0
Net Income	−547 000	−353 000	−296 000	102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 327 000	1 362 000	1 304 000	1 364 000
Total Current Assets	22 000	−540 000	−24 000	133 000
Total Assets	1 349 000	823 000	1 280 000	1 497 000
Total Retained Equity	−1 390 000	−843 000	−490 000	−193 000
Total Equity	−1 040 000	−193 000	160 000	457 000
Total Long-Term Debt	979 000	979 000	979 000	979 000
Total Current Debt	1 410 000	37 000	141 000	62 000
Total Equity and Debt	1 349 000	823 000	1 280 000	1 497 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	67 000	−4 000	8 000	6 000
Other Income	87 000	213 000	165 000	182 000
Revenue	154 000	208 000	173 000	188 000
Cost of Goods Sold	37 000	26 000	16 000	0
Salary Costs	18 000	0	174 000	0
Depreciation	36 000	29 000	60 000	28 000
Impairment	0	0	0	0
Expenditure	701 000	561 000	468 000	79 000
Operating Profit	−547 000	−353 000	−295 000	109 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	7 000
Financial Balance	0	0	−1 000	−7 000
Dividends	0	0	0	0
Net Income	−547 000	−353 000	−296 000	102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 327 000	1 362 000	1 304 000	1 364 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 327 000	1 362 000	1 304 000	1 364 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 327 000	1 362 000	1 304 000	1 364 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	−540 000	−46 000	133 000
Total Current Assets	22 000	−540 000	−24 000	133 000
Total Assets	1 349 000	823 000	1 280 000	1 497 000
Total Equity	−1 040 000	−193 000	160 000	457 000
Short-Term Group Debt	0	42 000	42 000	42 000
Total Long-Term Debt	979 000	979 000	979 000	979 000
Creditors	44 000	0	20 000	0
Unpaid Taxes	4 000	−70 000	18 000	0
Dividends	0	0	0	0
Other Current Debt	819 000	65 000	61 000	20 000
Total Current Debt	1 410 000	37 000	141 000	62 000
Total Equity and Debt	1 349 000	823 000	1 280 000	1 497 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,6 %	182,9 %	−185 %	22,32 %
Debt-to-Equity Ratio	−0,94	−5,07	6,12	2,14
Operating Profit Margin	−355,19 %	−169,71 %	−170,52 %	57,98 %
Current Ratio	0,02	−14,59	−0,17	2,15
Quick Ratio	0,02	−14,59	−0,17	2,15
Equity Ratio	−0,77	−0,23	0,13	0,31
Gross Profit Margin	75,97 %	87,5 %	90,75 %	100 %