VARSI HOLDING AS

1352 KOLSÅS

Finances

Return on Equity

−0,47 %

Current Ratio

0,11

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−5 000	−5 000	800 000	291 000
Total Assets	1 771 000	1 785 000	2 804 000	2 152 000
Total Equity	1 060 000	1 065 000	1 070 000	270 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	7 000	6 000	10 000	14 000
Operating Profit	−7 000	−6 000	−10 000	−14 000
Financial Income	0	0	1 050 000	400 000
Financial Costs	0	0	14 000	28 000
Financial Balance	0	0	1 036 000	372 000
Earnings Before Tax	−7 000	−6 000	1 025 000	358 000
Tax	−1 000	−1 000	226 000	68 000
Net Income	−5 000	−5 000	800 000	291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 753 000	1 751 000	1 750 000	1 750 000
Total Current Assets	18 000	34 000	1 054 000	402 000
Total Assets	1 771 000	1 785 000	2 804 000	2 152 000
Total Retained Equity	1 038 000	1 043 000	1 048 000	248 000
Total Equity	1 060 000	1 065 000	1 070 000	270 000
Total Long-Term Debt	550 000	550 000	550 000	1 050 000
Total Current Debt	161 000	170 000	1 184 000	832 000
Total Equity and Debt	1 771 000	1 785 000	2 804 000	2 152 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 000	6 000	10 000	14 000
Operating Profit	−7 000	−6 000	−10 000	−14 000
Financial Income	0	0	1 050 000	400 000
Financial Costs	0	0	14 000	28 000
Financial Balance	0	0	1 036 000	372 000
Dividends	0	0	0	0
Net Income	−5 000	−5 000	800 000	291 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	1 000	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	1 750 000	1 750 000	1 750 000	1 750 000
Total Fixed Assets	1 753 000	1 751 000	1 750 000	1 750 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 000	30 000	4 000	2 000
Total Current Assets	18 000	34 000	1 054 000	402 000
Total Assets	1 771 000	1 785 000	2 804 000	2 152 000
Total Equity	1 060 000	1 065 000	1 070 000	270 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	550 000	550 000	550 000	1 050 000
Creditors	1 000	2 000	3 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	160 000	168 000	955 000	761 000
Total Current Debt	161 000	170 000	1 184 000	832 000
Total Equity and Debt	1 771 000	1 785 000	2 804 000	2 152 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,47 %	−0,47 %	74,77 %	107,78 %
Debt-to-Equity Ratio	0,52	0,52	0,51	3,89
Operating Profit Margin	-	-	-	-
Current Ratio	0,11	0,2	0,89	0,48
Quick Ratio	0,11	0,2	0,89	0,48
Equity Ratio	0,6	0,6	0,38	0,13
Gross Profit Margin	-	-	-	-