VARMELAGRING AS

0351 OSLO

Finances

Share Ownership

Return on Equity

−7,1 %

Current Ratio

0,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	275 000	75 000	0
Net Income	−128 000	−151 000	−12 000	0
Total Assets	4 132 000	5 282 000	835 000	94 000
Total Equity	1 804 000	−69 000	83 000	94 000

Income (NOK)	2022	2021	2020
Revenue	0	275 000	75 000
Expenditure	146 000	465 000	90 000
Operating Profit	−146 000	−190 000	−15 000
Financial Income	5 000	0	0
Financial Costs	23 000	4 000	0
Financial Balance	−18 000	−4 000	0
Earnings Before Tax	−164 000	−194 000	−15 000
Tax	−36 000	−43 000	−3 000
Net Income	−128 000	−151 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 640 000	3 166 000	433 000	0
Total Current Assets	492 000	2 116 000	403 000	94 000
Total Assets	4 132 000	5 282 000	835 000	94 000
Total Retained Equity	−291 000	−163 000	−12 000	0
Total Equity	1 804 000	−69 000	83 000	94 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 328 000	5 351 000	753 000	0
Total Equity and Debt	4 132 000	5 282 000	835 000	94 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	200 000	0
Other Income	0	75 000	75 000
Revenue	0	275 000	75 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	146 000	465 000	90 000
Operating Profit	−146 000	−190 000	−15 000
Financial Income	5 000	0	0
Financial Costs	23 000	4 000	0
Financial Balance	−18 000	−4 000	0
Dividends	0	0	0
Net Income	−128 000	−151 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 640 000	3 166 000	433 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 640 000	3 166 000	433 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	379 000	960 000	169 000	94 000
Total Current Assets	492 000	2 116 000	403 000	94 000
Total Assets	4 132 000	5 282 000	835 000	94 000
Total Equity	1 804 000	−69 000	83 000	94 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 376 000	2 538 000	663 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	952 000	2 813 000	90 000	0
Total Current Debt	2 328 000	5 351 000	753 000	0
Total Equity and Debt	4 132 000	5 282 000	835 000	94 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,1 %	218,84 %	−14,46 %	0 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	-	−69,09 %	−20 %	-
Current Ratio	0,21	0,4	0,54	-
Quick Ratio	0,21	0,4	0,54	-
Equity Ratio	0,44	−0,01	0,1	1
Gross Profit Margin	-	100 %	100 %	-