VARGMYRA AS

9411 HARSTAD

Finances

Share Ownership

Return on Equity

14,77 %

Current Ratio

3,68

Debt-to-Equity Ratio

4,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	747 000	704 000	656 000	766 000
Net Income	166 000	165 000	98 000	225 000
Total Assets	5 795 000	5 956 000	5 864 000	5 840 000
Total Equity	1 124 000	957 000	790 000	692 000

Income (NOK)	2022	2021	2020	2019
Revenue	747 000	704 000	656 000	766 000
Expenditure	301 000	286 000	348 000	253 000
Operating Profit	446 000	418 000	308 000	513 000
Financial Income	0	0	0	0
Financial Costs	233 000	206 000	183 000	224 000
Financial Balance	−233 000	−206 000	−183 000	−224 000
Earnings Before Tax	213 000	212 000	126 000	289 000
Tax	47 000	47 000	28 000	63 000
Net Income	166 000	165 000	98 000	225 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 302 000	5 312 000	5 322 000	5 332 000
Total Current Assets	493 000	644 000	542 000	508 000
Total Assets	5 795 000	5 956 000	5 864 000	5 840 000
Total Retained Equity	1 094 000	927 000	760 000	662 000
Total Equity	1 124 000	957 000	790 000	692 000
Total Long-Term Debt	4 537 000	4 758 000	4 849 000	4 973 000
Total Current Debt	134 000	241 000	225 000	175 000
Total Equity and Debt	5 795 000	5 956 000	5 864 000	5 840 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	747 000	704 000	656 000	49 000
Other Income	0	0	0	717 000
Revenue	747 000	704 000	656 000	766 000
Cost of Goods Sold	13 000	0	0	0
Salary Costs	20 000	0	0	0
Depreciation	10 000	10 000	10 000	0
Impairment	0	0	0	0
Expenditure	301 000	286 000	348 000	253 000
Operating Profit	446 000	418 000	308 000	513 000
Financial Income	0	0	0	0
Financial Costs	233 000	206 000	183 000	224 000
Financial Balance	−233 000	−206 000	−183 000	−224 000
Dividends	0	0	0	0
Net Income	166 000	165 000	98 000	225 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 282 000	5 282 000	5 282 000	5 282 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	30 000	40 000	50 000
Total Tangible Assets	5 302 000	5 312 000	5 322 000	5 332 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 302 000	5 312 000	5 322 000	5 332 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	86 000	206 000	104 000	70 000
Total Current Assets	493 000	644 000	542 000	508 000
Total Assets	5 795 000	5 956 000	5 864 000	5 840 000
Total Equity	1 124 000	957 000	790 000	692 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 537 000	4 758 000	4 849 000	4 973 000
Creditors	0	18 000	2 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	86 000	176 000	195 000	115 000
Total Current Debt	134 000	241 000	225 000	175 000
Total Equity and Debt	5 795 000	5 956 000	5 864 000	5 840 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,77 %	17,24 %	12,41 %	32,51 %
Debt-to-Equity Ratio	4,04	4,97	6,14	7,19
Operating Profit Margin	59,71 %	59,38 %	46,95 %	66,97 %
Current Ratio	3,68	2,67	2,41	2,9
Quick Ratio	3,68	2,67	2,41	2,9
Equity Ratio	0,19	0,16	0,13	0,12
Gross Profit Margin	98,26 %	100 %	100 %	100 %