VARANGER SERVICE AS

9910 BJØRNEVATN

Finances

Share Ownership

Return on Equity

834,62 %

Current Ratio

0,37

Debt-to-Equity Ratio

−2,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 105 000	1 027 000	1 152 000	1 135 000
Net Income	−217 000	132 000	199 000	−169 000
Total Assets	150 000	179 000	268 000	453 000
Total Equity	−26 000	191 000	59 000	−126 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 105 000	1 027 000	1 152 000	1 135 000
Expenditure	1 255 000	833 000	943 000	1 287 000
Operating Profit	−150 000	194 000	208 000	−152 000
Financial Income	0	0	0	0
Financial Costs	49 000	62 000	10 000	17 000
Financial Balance	−49 000	−62 000	−10 000	−17 000
Earnings Before Tax	−200 000	132 000	199 000	−169 000
Tax	17 000	0	0	0
Net Income	−217 000	132 000	199 000	−169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	114 000	69 000	173 000	224 000
Total Current Assets	37 000	110 000	95 000	228 000
Total Assets	150 000	179 000	268 000	453 000
Total Retained Equity	−56 000	161 000	29 000	−156 000
Total Equity	−26 000	191 000	59 000	−126 000
Total Long-Term Debt	77 000	143 000	197 000	247 000
Total Current Debt	100 000	−155 000	13 000	332 000
Total Equity and Debt	150 000	179 000	268 000	453 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 105 000	1 027 000	1 152 000	1 135 000
Other Income	0	0	0	0
Revenue	1 105 000	1 027 000	1 152 000	1 135 000
Cost of Goods Sold	1 000	0	0	31 000
Salary Costs	647 000	329 000	440 000	772 000
Depreciation	28 000	53 000	55 000	53 000
Impairment	0	0	0	0
Expenditure	1 255 000	833 000	943 000	1 287 000
Operating Profit	−150 000	194 000	208 000	−152 000
Financial Income	0	0	0	0
Financial Costs	49 000	62 000	10 000	17 000
Financial Balance	−49 000	−62 000	−10 000	−17 000
Dividends	0	0	0	0
Net Income	−217 000	132 000	199 000	−169 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	173 000	211 000
Fixtures	114 000	121 000	0	0
Total Tangible Assets	114 000	121 000	173 000	211 000
Total Fiancial Fixed Assets	0	−52 000	0	0
Total Fixed Assets	114 000	69 000	173 000	224 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 000	23 000	90 000	175 000
Total Current Assets	37 000	110 000	95 000	228 000
Total Assets	150 000	179 000	268 000	453 000
Total Equity	−26 000	191 000	59 000	−126 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	77 000	143 000	197 000	247 000
Creditors	78 000	27 000	5 000	34 000
Unpaid Taxes	82 000	115 000	84 000	204 000
Dividends	0	0	0	0
Other Current Debt	−201 000	−446 000	−77 000	93 000
Total Current Debt	100 000	−155 000	13 000	332 000
Total Equity and Debt	150 000	179 000	268 000	453 000

Financial indicators	2022	2021	2020	2019
Return on Equity	834,62 %	69,11 %	337,29 %	134,13 %
Debt-to-Equity Ratio	−2,96	0,75	3,34	−1,96
Operating Profit Margin	−13,57 %	18,89 %	18,06 %	−13,39 %
Current Ratio	0,37	−0,71	7,31	0,69
Quick Ratio	0,37	−0,71	7,31	0,69
Equity Ratio	−0,17	1,07	0,22	−0,28
Gross Profit Margin	99,91 %	100 %	100 %	97,27 %