VARDEN PANORAMA AS

2630 RINGEBU

Finances

Share Ownership

Return on Equity

19,11 %

Current Ratio

2,47

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 987 000	17 204 000	24 833 000	37 263 000
Net Income	2 078 000	1 267 000	2 407 000	3 389 000
Total Assets	24 264 000	18 535 000	29 786 000	32 538 000
Total Equity	10 875 000	8 797 000	7 530 000	5 123 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 987 000	17 204 000	24 833 000	37 263 000
Expenditure	29 083 000	15 205 000	21 205 000	32 334 000
Operating Profit	2 904 000	1 999 000	3 628 000	4 929 000
Financial Income	7 000	5 000	11 000	6 000
Financial Costs	247 000	379 000	552 000	683 000
Financial Balance	−240 000	−374 000	−541 000	−677 000
Earnings Before Tax	2 664 000	1 624 000	3 087 000	4 253 000
Tax	586 000	357 000	681 000	864 000
Net Income	2 078 000	1 267 000	2 407 000	3 389 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	11 000	11 000	0
Total Current Assets	24 253 000	18 524 000	29 775 000	32 538 000
Total Assets	24 264 000	18 535 000	29 786 000	32 538 000
Total Retained Equity	8 826 000	6 747 000	5 480 000	3 074 000
Total Equity	10 875 000	8 797 000	7 530 000	5 123 000
Total Long-Term Debt	3 579 000	7 079 000	13 379 000	16 332 000
Total Current Debt	9 809 000	2 659 000	8 877 000	11 083 000
Total Equity and Debt	24 264 000	18 535 000	29 786 000	32 538 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 905 000	17 158 000	24 784 000	37 263 000
Other Income	82 000	46 000	49 000	0
Revenue	31 987 000	17 204 000	24 833 000	37 263 000
Cost of Goods Sold	28 553 000	14 369 000	20 378 000	31 402 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	29 083 000	15 205 000	21 205 000	32 334 000
Operating Profit	2 904 000	1 999 000	3 628 000	4 929 000
Financial Income	7 000	5 000	11 000	6 000
Financial Costs	247 000	379 000	552 000	683 000
Financial Balance	−240 000	−374 000	−541 000	−677 000
Dividends	0	0	0	0
Net Income	2 078 000	1 267 000	2 407 000	3 389 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	11 000	11 000	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	0	0	0	0
Total Fixed Assets	11 000	11 000	11 000	0
Stock	13 517 000	10 758 000	16 352 000	20 668 000
Total Investments	0	0	0	0
Cash, Bank	4 852 000	2 542 000	6 339 000	4 639 000
Total Current Assets	24 253 000	18 524 000	29 775 000	32 538 000
Total Assets	24 264 000	18 535 000	29 786 000	32 538 000
Total Equity	10 875 000	8 797 000	7 530 000	5 123 000
Short-Term Group Debt	0	0	0	109 000
Total Long-Term Debt	3 579 000	7 079 000	13 379 000	16 332 000
Creditors	9 036 000	2 223 000	8 070 000	6 747 000
Unpaid Taxes	0	13 000	84 000	487 000
Dividends	0	0	0	0
Other Current Debt	187 000	65 000	32 000	2 876 000
Total Current Debt	9 809 000	2 659 000	8 877 000	11 083 000
Total Equity and Debt	24 264 000	18 535 000	29 786 000	32 538 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,11 %	14,4 %	31,97 %	66,15 %
Debt-to-Equity Ratio	0,33	0,8	1,78	3,19
Operating Profit Margin	9,08 %	11,62 %	14,61 %	13,23 %
Current Ratio	2,47	6,97	3,35	2,94
Quick Ratio	−6,54	−2,29	−3,98	−3,39
Equity Ratio	0,45	0,47	0,25	0,16
Gross Profit Margin	10,74 %	16,48 %	17,94 %	15,73 %