VARGHYTTA AS

3570 ÅL

Finances

Share Ownership

Return on Equity

16,14 %

Current Ratio

2,1

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 074 000	6 172 000	6 798 000	14 100 000
Net Income	273 000	220 000	414 000	−46 000
Total Assets	2 688 000	2 108 000	2 000 000	3 001 000
Total Equity	1 691 000	1 418 000	1 198 000	784 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 074 000	6 172 000	6 798 000	14 100 000
Expenditure	5 723 000	5 901 000	6 263 000	10 540 000
Operating Profit	350 000	282 000	535 000	−32 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	1 000	5 000	27 000
Financial Balance	0	−1 000	−4 000	−26 000
Earnings Before Tax	350 000	281 000	531 000	−58 000
Tax	77 000	62 000	117 000	−12 000
Net Income	273 000	220 000	414 000	−46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	677 000	852 000	594 000	910 000
Total Current Assets	2 011 000	1 256 000	1 407 000	2 092 000
Total Assets	2 688 000	2 108 000	2 000 000	3 001 000
Total Retained Equity	941 000	668 000	448 000	34 000
Total Equity	1 691 000	1 418 000	1 198 000	784 000
Total Long-Term Debt	38 000	47 000	29 000	284 000
Total Current Debt	959 000	643 000	773 000	1 933 000
Total Equity and Debt	2 688 000	2 108 000	2 000 000	3 001 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 074 000	6 172 000	6 704 000	14 100 000
Other Income	0	0	95 000	0
Revenue	6 074 000	6 172 000	6 798 000	14 100 000
Cost of Goods Sold	3 604 000	3 280 000	3 582 000	6 582 000
Salary Costs	1 528 000	1 984 000	1 814 000	2 803 000
Depreciation	175 000	117 000	127 000	129 000
Impairment	0	0	0	0
Expenditure	5 723 000	5 901 000	6 263 000	10 540 000
Operating Profit	350 000	282 000	535 000	−32 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	1 000	5 000	27 000
Financial Balance	0	−1 000	−4 000	−26 000
Dividends	0	0	0	0
Net Income	273 000	220 000	414 000	−46 000

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	677 000	852 000	569 000	857 000
Total Tangible Assets	677 000	852 000	569 000	857 000
Total Fiancial Fixed Assets	0	0	25 000	53 000
Total Fixed Assets	677 000	852 000	594 000	910 000
Stock	67 000	0	0	5 000
Total Investments	0	0	0	0
Cash, Bank	1 343 000	1 058 000	807 000	245 000
Total Current Assets	2 011 000	1 256 000	1 407 000	2 092 000
Total Assets	2 688 000	2 108 000	2 000 000	3 001 000
Total Equity	1 691 000	1 418 000	1 198 000	784 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	38 000	47 000	29 000	284 000
Creditors	486 000	180 000	225 000	437 000
Unpaid Taxes	265 000	306 000	280 000	227 000
Dividends	0	0	0	0
Other Current Debt	122 000	114 000	148 000	1 269 000
Total Current Debt	959 000	643 000	773 000	1 933 000
Total Equity and Debt	2 688 000	2 108 000	2 000 000	3 001 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,14 %	15,51 %	34,56 %	−5,87 %
Debt-to-Equity Ratio	0,02	0,03	0,02	0,36
Operating Profit Margin	5,76 %	4,57 %	7,87 %	−0,23 %
Current Ratio	2,1	1,95	1,82	1,08
Quick Ratio	2,25	1,95	1,82	1,09
Equity Ratio	0,63	0,67	0,6	0,26
Gross Profit Margin	40,67 %	46,86 %	47,31 %	53,32 %