VÆRNES HVITEVARER OG GJENBRUK AS

7320 FANNREM

Finances

Share Ownership

Return on Equity

−167,74 %

Current Ratio

0,85

Debt-to-Equity Ratio

−0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	495 000	318 000	317 000	233 000
Net Income	52 000	−43 000	55 000	−87 000
Total Assets	134 000	106 000	90 000	17 000
Total Equity	−31 000	−83 000	−41 000	−95 000

Income (NOK)	2022	2021	2020	2019
Revenue	495 000	318 000	317 000	233 000
Expenditure	444 000	361 000	262 000	308 000
Operating Profit	52 000	−43 000	55 000	−75 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	52 000	−43 000	55 000	−76 000
Tax	0	0	0	11 000
Net Income	52 000	−43 000	55 000	−87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	134 000	106 000	90 000	17 000
Total Assets	134 000	106 000	90 000	17 000
Total Retained Equity	−37 000	−89 000	−46 000	−101 000
Total Equity	−31 000	−83 000	−41 000	−95 000
Total Long-Term Debt	9 000	34 000	34 000	52 000
Total Current Debt	157 000	155 000	96 000	61 000
Total Equity and Debt	134 000	106 000	90 000	17 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	495 000	318 000	317 000	233 000
Other Income	0	0	0	0
Revenue	495 000	318 000	317 000	233 000
Cost of Goods Sold	76 000	20 000	45 000	36 000
Salary Costs	245 000	199 000	126 000	87 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	444 000	361 000	262 000	308 000
Operating Profit	52 000	−43 000	55 000	−75 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	52 000	−43 000	55 000	−87 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	7 000	9 000	0	0
Total Investments	0	0	0	0
Cash, Bank	115 000	92 000	68 000	7 000
Total Current Assets	134 000	106 000	90 000	17 000
Total Assets	134 000	106 000	90 000	17 000
Total Equity	−31 000	−83 000	−41 000	−95 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 000	34 000	34 000	52 000
Creditors	24 000	40 000	20 000	32 000
Unpaid Taxes	107 000	83 000	63 000	13 000
Dividends	0	0	0	0
Other Current Debt	26 000	32 000	13 000	16 000
Total Current Debt	157 000	155 000	96 000	61 000
Total Equity and Debt	134 000	106 000	90 000	17 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−167,74 %	51,81 %	−134,15 %	91,58 %
Debt-to-Equity Ratio	−0,29	−0,41	−0,83	−0,55
Operating Profit Margin	10,51 %	−13,52 %	17,35 %	−32,19 %
Current Ratio	0,85	0,68	0,94	0,28
Quick Ratio	0,89	0,73	0,94	0,28
Equity Ratio	−0,23	−0,78	−0,46	−5,59
Gross Profit Margin	84,65 %	93,71 %	85,8 %	84,55 %