VARANGER EIENDOM AS

9801 VADSØ

Finances

Return on Equity

1 %

Current Ratio

9,62

Debt-to-Equity Ratio

3,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 521 000	3 197 000	2 033 000	1 564 000
Net Income	36 000	1 915 000	1 415 000	376 000
Total Assets	18 665 000	15 568 000	11 133 000	8 405 000
Total Equity	3 605 000	3 569 000	3 153 000	2 739 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 521 000	3 197 000	2 033 000	1 564 000
Expenditure	3 967 000	2 330 000	1 254 000	819 000
Operating Profit	554 000	867 000	779 000	744 000
Financial Income	0	1 500 000	998 000	2 000
Financial Costs	454 000	317 000	207 000	264 000
Financial Balance	−454 000	1 183 000	791 000	−262 000
Earnings Before Tax	100 000	2 050 000	1 570 000	482 000
Tax	64 000	135 000	155 000	106 000
Net Income	36 000	1 915 000	1 415 000	376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 611 000	12 213 000	8 854 000	7 989 000
Total Current Assets	7 055 000	3 355 000	2 279 000	416 000
Total Assets	18 665 000	15 568 000	11 133 000	8 405 000
Total Retained Equity	1 116 000	1 080 000	665 000	250 000
Total Equity	3 605 000	3 569 000	3 153 000	2 739 000
Total Long-Term Debt	14 327 000	9 667 000	4 641 000	5 106 000
Total Current Debt	733 000	2 332 000	3 339 000	561 000
Total Equity and Debt	18 665 000	15 568 000	11 133 000	8 405 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 936 000	1 651 000	497 000	55 000
Other Income	1 585 000	1 545 000	1 536 000	1 508 000
Revenue	4 521 000	3 197 000	2 033 000	1 564 000
Cost of Goods Sold	2 796 000	1 565 000	496 000	0
Salary Costs	0	0	0	0
Depreciation	666 000	561 000	498 000	551 000
Impairment	0	0	0	0
Expenditure	3 967 000	2 330 000	1 254 000	819 000
Operating Profit	554 000	867 000	779 000	744 000
Financial Income	0	1 500 000	998 000	2 000
Financial Costs	454 000	317 000	207 000	264 000
Financial Balance	−454 000	1 183 000	791 000	−262 000
Dividends	0	1 500 000	1 000 000	323 000
Net Income	36 000	1 915 000	1 415 000	376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 596 000	11 193 000	7 854 000	6 989 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	20 000	0	0
Total Tangible Assets	10 611 000	11 213 000	7 854 000	6 989 000
Total Fiancial Fixed Assets	1 000 000	1 000 000	1 000 000	1 000 000
Total Fixed Assets	11 611 000	12 213 000	8 854 000	7 989 000
Stock	3 314 000	497 000	1 000	0
Total Investments	0	0	0	0
Cash, Bank	3 462 000	1 194 000	471 000	401 000
Total Current Assets	7 055 000	3 355 000	2 279 000	416 000
Total Assets	18 665 000	15 568 000	11 133 000	8 405 000
Total Equity	3 605 000	3 569 000	3 153 000	2 739 000
Short-Term Group Debt	0	305 000	0	0
Total Long-Term Debt	14 327 000	9 667 000	4 641 000	5 106 000
Creditors	484 000	366 000	987 000	6 000
Unpaid Taxes	117 000	0	0	58 000
Dividends	0	1 500 000	1 000 000	323 000
Other Current Debt	69 000	26 000	1 196 000	340 000
Total Current Debt	733 000	2 332 000	3 339 000	561 000
Total Equity and Debt	18 665 000	15 568 000	11 133 000	8 405 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 %	53,66 %	44,88 %	13,73 %
Debt-to-Equity Ratio	3,97	2,71	1,47	1,86
Operating Profit Margin	12,25 %	27,12 %	38,32 %	47,57 %
Current Ratio	9,62	1,44	0,68	0,74
Quick Ratio	−2,73	1,83	0,68	0,74
Equity Ratio	0,19	0,23	0,28	0,33
Gross Profit Margin	38,16 %	51,05 %	75,6 %	100 %