VARNAVEIEN 27 AS

1526 MOSS

Finances

Share Ownership

Return on Equity

13,11 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 965 000	3 203 000	2 737 000	2 321 000
Net Income	1 235 000	595 000	773 000	883 000
Total Assets	19 251 000	20 967 000	20 870 000	21 409 000
Total Equity	9 423 000	8 187 000	7 593 000	6 820 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 965 000	3 203 000	2 737 000	2 321 000
Expenditure	1 052 000	2 177 000	1 370 000	680 000
Operating Profit	1 913 000	1 026 000	1 367 000	1 640 000
Financial Income	0	0	0	1 000
Financial Costs	329 000	263 000	376 000	510 000
Financial Balance	−329 000	−263 000	−376 000	−509 000
Earnings Before Tax	1 584 000	763 000	991 000	1 132 000
Tax	348 000	168 000	218 000	249 000
Net Income	1 235 000	595 000	773 000	883 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 157 000	18 992 000	19 066 000	19 067 000
Total Current Assets	1 094 000	1 975 000	1 804 000	2 342 000
Total Assets	19 251 000	20 967 000	20 870 000	21 409 000
Total Retained Equity	8 923 000	7 687 000	7 093 000	6 320 000
Total Equity	9 423 000	8 187 000	7 593 000	6 820 000
Total Long-Term Debt	9 032 000	10 008 000	12 734 000	14 185 000
Total Current Debt	797 000	2 771 000	544 000	405 000
Total Equity and Debt	19 251 000	20 967 000	20 870 000	21 409 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 000	0	395 000	60 000
Other Income	2 917 000	3 203 000	2 342 000	2 261 000
Revenue	2 965 000	3 203 000	2 737 000	2 321 000
Cost of Goods Sold	0	0	0	0
Salary Costs	226 000	727 000	612 000	0
Depreciation	263 000	249 000	211 000	199 000
Impairment	0	0	0	0
Expenditure	1 052 000	2 177 000	1 370 000	680 000
Operating Profit	1 913 000	1 026 000	1 367 000	1 640 000
Financial Income	0	0	0	1 000
Financial Costs	329 000	263 000	376 000	510 000
Financial Balance	−329 000	−263 000	−376 000	−509 000
Dividends	0	0	0	0
Net Income	1 235 000	595 000	773 000	883 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 588 000	10 753 000	10 785 000	10 993 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	483 000	165 000	207 000	0
Total Tangible Assets	11 071 000	10 917 000	10 992 000	10 993 000
Total Fiancial Fixed Assets	7 086 000	8 074 000	8 074 000	8 074 000
Total Fixed Assets	18 157 000	18 992 000	19 066 000	19 067 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	539 000	1 588 000	1 362 000	1 934 000
Total Current Assets	1 094 000	1 975 000	1 804 000	2 342 000
Total Assets	19 251 000	20 967 000	20 870 000	21 409 000
Total Equity	9 423 000	8 187 000	7 593 000	6 820 000
Short-Term Group Debt	0	2 000 000	0	0
Total Long-Term Debt	9 032 000	10 008 000	12 734 000	14 185 000
Creditors	105 000	369 000	55 000	49 000
Unpaid Taxes	283 000	119 000	107 000	116 000
Dividends	0	0	0	0
Other Current Debt	84 000	106 000	178 000	0
Total Current Debt	797 000	2 771 000	544 000	405 000
Total Equity and Debt	19 251 000	20 967 000	20 870 000	21 409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,11 %	7,27 %	10,18 %	12,95 %
Debt-to-Equity Ratio	0,96	1,22	1,68	2,08
Operating Profit Margin	64,52 %	32,03 %	49,95 %	70,66 %
Current Ratio	1,37	0,71	3,32	5,78
Quick Ratio	1,37	0,71	3,32	5,78
Equity Ratio	0,49	0,39	0,36	0,32
Gross Profit Margin	100 %	100 %	100 %	100 %