VARODD EIENDOM AS

4626 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−203,94 %

Current Ratio

5,61

Debt-to-Equity Ratio

245,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 595 000	8 017 000	8 613 000	7 081 000
Net Income	−828 000	−124 000	−195 000	−715 000
Total Assets	101 148 000	101 752 000	101 872 000	103 556 000
Total Equity	406 000	1 234 000	1 358 000	1 553 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 595 000	8 017 000	8 613 000	7 081 000
Expenditure	6 493 000	5 697 000	6 133 000	5 080 000
Operating Profit	2 102 000	2 320 000	2 480 000	2 001 000
Financial Income	61 000	9 000	14 000	13 000
Financial Costs	3 047 000	2 454 000	2 646 000	2 832 000
Financial Balance	−2 986 000	−2 445 000	−2 632 000	−2 819 000
Earnings Before Tax	−884 000	−125 000	−152 000	−818 000
Tax	−56 000	−1 000	43 000	−103 000
Net Income	−828 000	−124 000	−195 000	−715 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 303 000	97 538 000	98 767 000	99 455 000
Total Current Assets	5 845 000	4 214 000	3 105 000	4 101 000
Total Assets	101 148 000	101 752 000	101 872 000	103 556 000
Total Retained Equity	−2 594 000	−1 766 000	−1 642 000	−1 447 000
Total Equity	406 000	1 234 000	1 358 000	1 553 000
Total Long-Term Debt	99 700 000	99 700 000	99 700 000	99 700 000
Total Current Debt	1 042 000	818 000	814 000	2 303 000
Total Equity and Debt	101 148 000	101 752 000	101 872 000	103 556 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 595 000	8 017 000	8 613 000	7 081 000
Other Income	0	0	0	0
Revenue	8 595 000	8 017 000	8 613 000	7 081 000
Cost of Goods Sold	103 000	70 000	79 000	166 000
Salary Costs	0	0	0	0
Depreciation	2 500 000	2 409 000	2 258 000	1 737 000
Impairment	0	0	0	0
Expenditure	6 493 000	5 697 000	6 133 000	5 080 000
Operating Profit	2 102 000	2 320 000	2 480 000	2 001 000
Financial Income	61 000	9 000	14 000	13 000
Financial Costs	3 047 000	2 454 000	2 646 000	2 832 000
Financial Balance	−2 986 000	−2 445 000	−2 632 000	−2 819 000
Dividends	0	0	0	0
Net Income	−828 000	−124 000	−195 000	−715 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 000	8 000	7 000	51 000
Real Eastate	93 031 000	95 387 000	97 231 000	98 038 000
Machinery and Plant Facilities	2 207 000	2 143 000	1 529 000	1 366 000
Fixtures	0	0	0	0
Total Tangible Assets	95 238 000	97 530 000	98 760 000	99 404 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	95 303 000	97 538 000	98 767 000	99 455 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 414 000	2 917 000	1 765 000	2 422 000
Total Current Assets	5 845 000	4 214 000	3 105 000	4 101 000
Total Assets	101 148 000	101 752 000	101 872 000	103 556 000
Total Equity	406 000	1 234 000	1 358 000	1 553 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	99 700 000	99 700 000	99 700 000	99 700 000
Creditors	1 037 000	818 000	706 000	2 263 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	0	108 000	40 000
Total Current Debt	1 042 000	818 000	814 000	2 303 000
Total Equity and Debt	101 148 000	101 752 000	101 872 000	103 556 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−203,94 %	−10,05 %	−14,36 %	−46,04 %
Debt-to-Equity Ratio	245,57	80,79	73,42	64,2
Operating Profit Margin	24,46 %	28,94 %	28,79 %	28,26 %
Current Ratio	5,61	5,15	3,81	1,78
Quick Ratio	5,61	5,15	3,81	1,78
Equity Ratio	0	0,01	0,01	0,01
Gross Profit Margin	98,8 %	99,13 %	99,08 %	97,66 %