VARHAUGS HOLDING OG FINANS AS

4013 STAVANGER

Finances

Return on Equity

5,67 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 186 000	988 000	888 000	813 000
Net Income	309 000	77 000	180 000	48 000
Total Assets	9 274 000	8 942 000	8 153 000	7 753 000
Total Equity	5 452 000	5 767 000	6 076 000	6 124 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 186 000	988 000	888 000	813 000
Expenditure	717 000	854 000	622 000	698 000
Operating Profit	469 000	135 000	266 000	115 000
Financial Income	0	0	0	1 000
Financial Costs	74 000	35 000	36 000	54 000
Financial Balance	−74 000	−35 000	−36 000	−53 000
Earnings Before Tax	396 000	99 000	230 000	62 000
Tax	87 000	22 000	51 000	14 000
Net Income	309 000	77 000	180 000	48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 157 000	3 213 000	3 290 000	4 404 000
Total Current Assets	6 117 000	5 729 000	4 863 000	3 349 000
Total Assets	9 274 000	8 942 000	8 153 000	7 753 000
Total Retained Equity	0	0	0	48 000
Total Equity	5 452 000	5 767 000	6 076 000	6 124 000
Total Long-Term Debt	421 000	510 000	49 000	63 000
Total Current Debt	3 401 000	2 665 000	2 028 000	1 566 000
Total Equity and Debt	9 274 000	8 942 000	8 153 000	7 753 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	853 000	815 000	743 000	668 000
Other Income	334 000	173 000	145 000	145 000
Revenue	1 186 000	988 000	888 000	813 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	56 000	77 000	133 000	141 000
Impairment	0	0	0	0
Expenditure	717 000	854 000	622 000	698 000
Operating Profit	469 000	135 000	266 000	115 000
Financial Income	0	0	0	1 000
Financial Costs	74 000	35 000	36 000	54 000
Financial Balance	−74 000	−35 000	−36 000	−53 000
Dividends	0	0	0	0
Net Income	309 000	77 000	180 000	48 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 772 000	2 828 000	2 905 000	3 038 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 772 000	2 828 000	2 905 000	3 038 000
Total Fiancial Fixed Assets	385 000	385 000	385 000	1 366 000
Total Fixed Assets	3 157 000	3 213 000	3 290 000	4 404 000
Stock	4 232 000	3 482 000	2 732 000	1 571 000
Total Investments	0	0	0	0
Cash, Bank	520 000	849 000	762 000	1 766 000
Total Current Assets	6 117 000	5 729 000	4 863 000	3 349 000
Total Assets	9 274 000	8 942 000	8 153 000	7 753 000
Total Equity	5 452 000	5 767 000	6 076 000	6 124 000
Short-Term Group Debt	3 331 000	2 457 000	1 866 000	1 535 000
Total Long-Term Debt	421 000	510 000	49 000	63 000
Creditors	50 000	131 000	26 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	20 000	77 000	136 000	0
Total Current Debt	3 401 000	2 665 000	2 028 000	1 566 000
Total Equity and Debt	9 274 000	8 942 000	8 153 000	7 753 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,67 %	1,34 %	2,96 %	0,78 %
Debt-to-Equity Ratio	0,08	0,09	0,01	0,01
Operating Profit Margin	39,54 %	13,66 %	29,95 %	14,15 %
Current Ratio	1,8	2,15	2,4	2,14
Quick Ratio	−7,36	−7,01	−6,91	−669,8
Equity Ratio	0,59	0,64	0,75	0,79
Gross Profit Margin	100 %	100 %	100 %	100 %