VÅREVJA AS

3046 DRAMMEN

Finances

Share Ownership

Return on Equity

62,09 %

Current Ratio

0,06

Debt-to-Equity Ratio

6,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 793 000	2 003 000	1 512 000	1 433 000
Net Income	922 000	1 549 000	692 000	−136 000
Total Assets	12 830 000	13 999 000	25 302 000	17 753 000
Total Equity	1 485 000	2 563 000	1 014 000	322 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 793 000	2 003 000	1 512 000	1 433 000
Expenditure	351 000	441 000	810 000	944 000
Operating Profit	1 442 000	1 562 000	702 000	489 000
Financial Income	0	629 000	601 000	0
Financial Costs	260 000	382 000	585 000	663 000
Financial Balance	−260 000	247 000	16 000	−663 000
Earnings Before Tax	1 182 000	1 808 000	718 000	−174 000
Tax	260 000	260 000	26 000	−38 000
Net Income	922 000	1 549 000	692 000	−136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 684 000	13 788 000	24 170 000	17 429 000
Total Current Assets	146 000	211 000	1 132 000	324 000
Total Assets	12 830 000	13 999 000	25 302 000	17 753 000
Total Retained Equity	1 316 000	2 394 000	845 000	153 000
Total Equity	1 485 000	2 563 000	1 014 000	322 000
Total Long-Term Debt	8 979 000	11 087 000	23 962 000	17 016 000
Total Current Debt	2 367 000	349 000	325 000	416 000
Total Equity and Debt	12 830 000	13 999 000	25 302 000	17 753 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	65 000	0
Other Income	1 793 000	2 003 000	1 448 000	1 433 000
Revenue	1 793 000	2 003 000	1 512 000	1 433 000
Cost of Goods Sold	35 000	83 000	190 000	222 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	351 000	441 000	810 000	944 000
Operating Profit	1 442 000	1 562 000	702 000	489 000
Financial Income	0	629 000	601 000	0
Financial Costs	260 000	382 000	585 000	663 000
Financial Balance	−260 000	247 000	16 000	−663 000
Dividends	0	0	0	0
Net Income	922 000	1 549 000	692 000	−136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 201 000	12 815 000	17 429 000	17 429 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 201 000	12 815 000	17 429 000	17 429 000
Total Fiancial Fixed Assets	4 483 000	973 000	6 741 000	0
Total Fixed Assets	12 684 000	13 788 000	24 170 000	17 429 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	99 000	184 000	1 115 000	67 000
Total Current Assets	146 000	211 000	1 132 000	324 000
Total Assets	12 830 000	13 999 000	25 302 000	17 753 000
Total Equity	1 485 000	2 563 000	1 014 000	322 000
Short-Term Group Debt	2 000 000	0	0	0
Total Long-Term Debt	8 979 000	11 087 000	23 962 000	17 016 000
Creditors	14 000	14 000	4 000	154 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	213 000	185 000	294 000	262 000
Total Current Debt	2 367 000	349 000	325 000	416 000
Total Equity and Debt	12 830 000	13 999 000	25 302 000	17 753 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,09 %	60,44 %	68,24 %	−42,24 %
Debt-to-Equity Ratio	6,05	4,33	23,63	52,84
Operating Profit Margin	80,42 %	77,98 %	46,43 %	34,12 %
Current Ratio	0,06	0,6	3,48	0,78
Quick Ratio	0,06	0,6	3,48	0,78
Equity Ratio	0,12	0,18	0,04	0,02
Gross Profit Margin	98,05 %	95,86 %	87,43 %	84,51 %