VARIG PARTNERS II AS

0161 OSLO

Finances

Return on Equity

986,78 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	29 327 000	−1 527 000	−1 545 000	−307 000
Total Assets	3 000 000	19 560 000	19 608 000	21 104 000
Total Equity	2 972 000	−355 000	1 172 000	2 717 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	56 000	48 000	67 000	9 000
Operating Profit	−56 000	−48 000	−67 000	−9 000
Financial Income	29 806 000	0	59 000	0
Financial Costs	423 000	1 479 000	1 449 000	387 000
Financial Balance	29 383 000	−1 479 000	−1 390 000	−387 000
Earnings Before Tax	29 327 000	−1 527 000	−1 457 000	−395 000
Tax	0	0	88 000	−88 000
Net Income	29 327 000	−1 527 000	−1 545 000	−307 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 188 000	18 911 000	18 911 000	20 888 000
Total Current Assets	812 000	649 000	697 000	216 000
Total Assets	3 000 000	19 560 000	19 608 000	21 104 000
Total Retained Equity	2 672 000	−3 385 000	−1 858 000	−313 000
Total Equity	2 972 000	−355 000	1 172 000	2 717 000
Total Long-Term Debt	0	19 914 000	18 436 000	18 387 000
Total Current Debt	28 000	0	0	0
Total Equity and Debt	3 000 000	19 560 000	19 608 000	21 104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	56 000	48 000	67 000	9 000
Operating Profit	−56 000	−48 000	−67 000	−9 000
Financial Income	29 806 000	0	59 000	0
Financial Costs	423 000	1 479 000	1 449 000	387 000
Financial Balance	29 383 000	−1 479 000	−1 390 000	−387 000
Dividends	0	0	0	0
Net Income	29 327 000	−1 527 000	−1 545 000	−307 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	88 000
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	2 188 000	18 911 000	18 911 000	20 800 000
Total Fixed Assets	2 188 000	18 911 000	18 911 000	20 888 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	812 000	649 000	697 000	56 000
Total Current Assets	812 000	649 000	697 000	216 000
Total Assets	3 000 000	19 560 000	19 608 000	21 104 000
Total Equity	2 972 000	−355 000	1 172 000	2 717 000
Short-Term Group Debt	27 000	0	0	0
Total Long-Term Debt	0	19 914 000	18 436 000	18 387 000
Creditors	1 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	28 000	0	0	0
Total Equity and Debt	3 000 000	19 560 000	19 608 000	21 104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	986,78 %	430,14 %	−131,83 %	−11,3 %
Debt-to-Equity Ratio	0	−56,1	15,73	6,77
Operating Profit Margin	-	-	-	-
Current Ratio	29	-	-	-
Quick Ratio	29	-	-	-
Equity Ratio	0,99	−0,02	0,06	0,13
Gross Profit Margin	-	-	-	-