VARANGER TRADING AS

9802 VESTRE JAKOBSELV

Finances

Share Ownership

Return on Equity

−26,05 %

Current Ratio

0,32

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	631 000	276 000	635 000	444 000
Net Income	−513 000	2 000	50 000	131 000
Total Assets	4 329 000	825 000	830 000	836 000
Total Equity	1 969 000	728 000	727 000	147 000

Income (NOK)	2022	2021	2020	2019
Revenue	631 000	276 000	635 000	444 000
Expenditure	1 078 000	273 000	551 000	317 000
Operating Profit	−447 000	3 000	85 000	127 000
Financial Income	16 000	0	0	5 000
Financial Costs	40 000	0	0	0
Financial Balance	−24 000	0	0	5 000
Earnings Before Tax	−470 000	3 000	85 000	131 000
Tax	43 000	2 000	35 000	0
Net Income	−513 000	2 000	50 000	131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 171 000	764 000	772 000	754 000
Total Current Assets	158 000	61 000	58 000	82 000
Total Assets	4 329 000	825 000	830 000	836 000
Total Retained Equity	1 439 000	198 000	197 000	147 000
Total Equity	1 969 000	728 000	727 000	147 000
Total Long-Term Debt	1 864 000	48 000	80 000	514 000
Total Current Debt	496 000	49 000	23 000	175 000
Total Equity and Debt	4 329 000	825 000	830 000	836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	531 000	270 000	618 000	444 000
Other Income	99 000	6 000	17 000	0
Revenue	631 000	276 000	635 000	444 000
Cost of Goods Sold	84 000	33 000	86 000	47 000
Salary Costs	224 000	0	189 000	−3 000
Depreciation	0	9 000	0	0
Impairment	0	0	0	0
Expenditure	1 078 000	273 000	551 000	317 000
Operating Profit	−447 000	3 000	85 000	127 000
Financial Income	16 000	0	0	5 000
Financial Costs	40 000	0	0	0
Financial Balance	−24 000	0	0	5 000
Dividends	0	0	0	0
Net Income	−513 000	2 000	50 000	131 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 500 000	750 000	750 000	750 000
Machinery and Plant Facilities	75 000	0	0	0
Fixtures	1 448 000	14 000	22 000	4 000
Total Tangible Assets	4 171 000	764 000	772 000	754 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 171 000	764 000	772 000	754 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	37 000	−128 000	−65 000	62 000
Total Current Assets	158 000	61 000	58 000	82 000
Total Assets	4 329 000	825 000	830 000	836 000
Total Equity	1 969 000	728 000	727 000	147 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 864 000	48 000	80 000	514 000
Creditors	164 000	10 000	13 000	10 000
Unpaid Taxes	−1 000	3 000	14 000	13 000
Dividends	0	0	0	0
Other Current Debt	116 000	60 000	−29 000	158 000
Total Current Debt	496 000	49 000	23 000	175 000
Total Equity and Debt	4 329 000	825 000	830 000	836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,05 %	0,27 %	6,88 %	89,12 %
Debt-to-Equity Ratio	0,95	0,07	0,11	3,5
Operating Profit Margin	−70,84 %	1,09 %	13,39 %	28,6 %
Current Ratio	0,32	1,24	2,52	0,47
Quick Ratio	0,32	1,24	2,52	0,47
Equity Ratio	0,45	0,88	0,88	0,18
Gross Profit Margin	86,69 %	88,04 %	86,46 %	89,41 %