VARPGRUPPEN AS

3370 VIKERSUND

Finances

Share Ownership

Return on Equity

−6,99 %

Current Ratio

2,97

Debt-to-Equity Ratio

22,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 377 000	3 137 000	2 627 000	1 965 000
Net Income	−39 000	−255 000	−144 000	−435 000
Total Assets	13 410 000	13 700 000	15 228 000	13 668 000
Total Equity	558 000	98 000	353 000	497 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 377 000	3 137 000	2 627 000	1 965 000
Expenditure	3 913 000	2 942 000	2 336 000	2 117 000
Operating Profit	464 000	194 000	292 000	−151 000
Financial Income	3 000	0	0	1 000
Financial Costs	507 000	449 000	436 000	285 000
Financial Balance	−504 000	−449 000	−436 000	−284 000
Earnings Before Tax	−39 000	−255 000	−144 000	−435 000
Tax	0	0	0	0
Net Income	−39 000	−255 000	−144 000	−435 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 991 000	12 368 000	12 689 000	11 379 000
Total Current Assets	1 419 000	1 332 000	2 538 000	2 290 000
Total Assets	13 410 000	13 700 000	15 228 000	13 668 000
Total Retained Equity	−42 000	−2 000	0	0
Total Equity	558 000	98 000	353 000	497 000
Total Long-Term Debt	12 374 000	12 711 000	13 045 000	10 264 000
Total Current Debt	478 000	892 000	1 830 000	2 908 000
Total Equity and Debt	13 410 000	13 700 000	15 228 000	13 668 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 325 000	2 142 000	1 558 000	1 569 000
Other Income	1 051 000	995 000	1 069 000	396 000
Revenue	4 377 000	3 137 000	2 627 000	1 965 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 761 000	1 527 000	1 272 000	1 141 000
Depreciation	396 000	395 000	396 000	382 000
Impairment	0	0	0	0
Expenditure	3 913 000	2 942 000	2 336 000	2 117 000
Operating Profit	464 000	194 000	292 000	−151 000
Financial Income	3 000	0	0	1 000
Financial Costs	507 000	449 000	436 000	285 000
Financial Balance	−504 000	−449 000	−436 000	−284 000
Dividends	0	0	0	0
Net Income	−39 000	−255 000	−144 000	−435 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 959 000	12 309 000	12 603 000	11 312 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	32 000	59 000	86 000	67 000
Total Tangible Assets	11 991 000	12 368 000	12 689 000	11 379 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 991 000	12 368 000	12 689 000	11 379 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	185 000	293 000	1 533 000	1 047 000
Total Current Assets	1 419 000	1 332 000	2 538 000	2 290 000
Total Assets	13 410 000	13 700 000	15 228 000	13 668 000
Total Equity	558 000	98 000	353 000	497 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 374 000	12 711 000	13 045 000	10 264 000
Creditors	90 000	174 000	1 326 000	792 000
Unpaid Taxes	163 000	250 000	104 000	79 000
Dividends	0	0	0	0
Other Current Debt	225 000	468 000	400 000	2 037 000
Total Current Debt	478 000	892 000	1 830 000	2 908 000
Total Equity and Debt	13 410 000	13 700 000	15 228 000	13 668 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,99 %	−260,2 %	−40,79 %	−87,53 %
Debt-to-Equity Ratio	22,18	129,7	36,95	20,65
Operating Profit Margin	10,6 %	6,18 %	11,12 %	−7,68 %
Current Ratio	2,97	1,49	1,39	0,79
Quick Ratio	2,97	1,49	1,39	0,79
Equity Ratio	0,04	0,01	0,02	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %