VARANGER VIEW AS

9952 VARDØ

Finances

Share Ownership

Return on Equity

39,3 %

Current Ratio

0,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	535 000	250 000	0	0
Net Income	112 000	−51 000	0	0
Total Assets	1 674 000	458 000	30 000	30 000
Total Equity	285 000	−21 000	30 000	30 000

Income (NOK)	2022	2021
Revenue	535 000	250 000
Expenditure	406 000	301 000
Operating Profit	129 000	−51 000
Financial Income	0	0
Financial Costs	0	0
Financial Balance	0	0
Earnings Before Tax	129 000	−51 000
Tax	17 000	0
Net Income	112 000	−51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 508 000	443 000	0	0
Total Current Assets	166 000	15 000	30 000	30 000
Total Assets	1 674 000	458 000	30 000	30 000
Total Retained Equity	255 000	−51 000	0	0
Total Equity	285 000	−21 000	30 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 389 000	479 000	0	0
Total Equity and Debt	1 674 000	458 000	30 000	30 000

Cash flow (NOK)	2022	2021
Sales Income	535 000	250 000
Other Income	0	0
Revenue	535 000	250 000
Cost of Goods Sold	1 000	0
Salary Costs	0	0
Depreciation	68 000	0
Impairment	0	0
Expenditure	406 000	301 000
Operating Profit	129 000	−51 000
Financial Income	0	0
Financial Costs	0	0
Financial Balance	0	0
Dividends	0	0
Net Income	112 000	−51 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 348 000	443 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	160 000	0	0	0
Total Tangible Assets	1 508 000	443 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 508 000	443 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	166 000	15 000	30 000	30 000
Total Current Assets	166 000	15 000	30 000	30 000
Total Assets	1 674 000	458 000	30 000	30 000
Total Equity	285 000	−21 000	30 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	176 000	3 000	0	0
Unpaid Taxes	−47 000	−183 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 242 000	660 000	0	0
Total Current Debt	1 389 000	479 000	0	0
Total Equity and Debt	1 674 000	458 000	30 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,3 %	242,86 %	0 %	0 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	24,11 %	−20,4 %	-	-
Current Ratio	0,12	0,03	-	-
Quick Ratio	0,12	0,03	-	-
Equity Ratio	0,17	−0,05	1	1
Gross Profit Margin	99,81 %	100 %	-	-