VARNER HOLDING AS

1396 BILLINGSTAD

Finances

Return on Equity

2,63 %

Current Ratio

3,88

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 502 436 000	9 846 611 000	9 064 825 000	10 548 000
Net Income	273 893 000	1 272 632 000	−159 930 000	6 000
Total Assets	12 722 452 000	12 463 010 000	11 089 628 000	10 595 000
Total Equity	10 431 076 000	10 171 399 000	9 129 003 000	8 714 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 502 436 000	9 846 611 000	9 064 825 000	10 548 000
Expenditure	11 119 790 000	9 586 481 000	9 518 196 000	10 784 000
Operating Profit	382 646 000	260 130 000	−453 371 000	−236 000
Financial Income	571 454 000	1 208 907 000	520 355 000	369 000
Financial Costs	651 710 000	137 028 000	201 117 000	130 000
Financial Balance	−80 256 000	1 071 879 000	319 238 000	239 000
Earnings Before Tax	302 390 000	1 332 009 000	−134 133 000	4 000
Tax	28 497 000	59 377 000	25 797 000	−2 000
Net Income	273 893 000	1 272 632 000	−159 930 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 691 606 000	4 501 765 000	4 203 409 000	4 877 000
Total Current Assets	8 030 846 000	7 961 245 000	6 886 219 000	5 718 000
Total Assets	12 722 452 000	12 463 010 000	11 089 628 000	10 595 000
Total Retained Equity	9 951 076 000	9 691 399 000	8 648 503 000	8 233 000
Total Equity	10 431 076 000	10 171 399 000	9 129 003 000	8 714 000
Total Long-Term Debt	221 391 000	275 346 000	253 210 000	236 000
Total Current Debt	2 069 985 000	2 016 265 000	1 707 415 000	1 647 000
Total Equity and Debt	12 722 452 000	12 463 010 000	11 089 628 000	10 595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 422 485 000	9 656 459 000	8 599 097 000	10 485 000
Other Income	79 951 000	190 152 000	465 728 000	62 000
Revenue	11 502 436 000	9 846 611 000	9 064 825 000	10 548 000
Cost of Goods Sold	5 151 236 000	4 192 362 000	4 011 893 000	4 542 000
Salary Costs	2 761 314 000	2 517 145 000	2 418 791 000	2 844 000
Depreciation	336 375 000	292 109 000	485 747 000	424 000
Impairment	0	0	0	0
Expenditure	11 119 790 000	9 586 481 000	9 518 196 000	10 784 000
Operating Profit	382 646 000	260 130 000	−453 371 000	−236 000
Financial Income	571 454 000	1 208 907 000	520 355 000	369 000
Financial Costs	651 710 000	137 028 000	201 117 000	130 000
Financial Balance	−80 256 000	1 071 879 000	319 238 000	239 000
Dividends	0	0	0	0
Net Income	273 893 000	1 272 632 000	−159 930 000	6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	182 222 000	274 091 000	123 827 000	117 000
Total Intangible Assets	386 875 000	452 251 000	221 720 000	328 000
Real Eastate	490 679 000	507 266 000	497 859 000	841 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	827 352 000	668 928 000	646 968 000	817 000
Total Tangible Assets	1 318 031 000	1 176 194 000	1 144 827 000	1 658 000
Total Fiancial Fixed Assets	2 986 700 000	2 873 320 000	2 836 862 000	2 891 000
Total Fixed Assets	4 691 606 000	4 501 765 000	4 203 409 000	4 877 000
Stock	4 302 365 000	2 842 918 000	2 947 962 000	2 856 000
Total Investments	1 412 878 000	1 276 465 000	1 017 081 000	492 000
Cash, Bank	1 468 335 000	3 086 009 000	2 605 521 000	1 944 000
Total Current Assets	8 030 846 000	7 961 245 000	6 886 219 000	5 718 000
Total Assets	12 722 452 000	12 463 010 000	11 089 628 000	10 595 000
Total Equity	10 431 076 000	10 171 399 000	9 129 003 000	8 714 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	221 391 000	275 346 000	253 210 000	236 000
Creditors	823 712 000	741 025 000	670 597 000	464 000
Unpaid Taxes	576 369 000	517 145 000	401 416 000	527 000
Dividends	0	0	0	0
Other Current Debt	656 071 000	670 651 000	610 555 000	634 000
Total Current Debt	2 069 985 000	2 016 265 000	1 707 415 000	1 647 000
Total Equity and Debt	12 722 452 000	12 463 010 000	11 089 628 000	10 595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,63 %	12,51 %	−1,75 %	0,07 %
Debt-to-Equity Ratio	0,02	0,03	0,03	0,03
Operating Profit Margin	3,33 %	2,64 %	−5 %	−2,24 %
Current Ratio	3,88	3,95	4,03	3,47
Quick Ratio	−3,6	−9,63	−5,55	−4,73
Equity Ratio	0,82	0,82	0,82	0,82
Gross Profit Margin	55,22 %	57,42 %	55,74 %	56,94 %