VARGO AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

72,85 %

Current Ratio

1,85

Debt-to-Equity Ratio

7,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 471 000	1 971 000	1 157 000	0
Net Income	2 112 000	810 000	−14 000	−34 000
Total Assets	24 648 000	21 805 000	22 456 000	21 801 000
Total Equity	2 899 000	786 000	−23 000	−9 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 471 000	1 971 000	1 157 000	0
Expenditure	216 000	202 000	322 000	5 000
Operating Profit	3 255 000	1 769 000	835 000	−5 000
Financial Income	426 000	354 000	0	0
Financial Costs	973 000	1 089 000	850 000	29 000
Financial Balance	−547 000	−735 000	−850 000	−29 000
Earnings Before Tax	2 708 000	1 034 000	−14 000	−34 000
Tax	596 000	224 000	0	0
Net Income	2 112 000	810 000	−14 000	−34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 525 000	20 682 000	20 627 000	21 239 000
Total Current Assets	1 123 000	1 122 000	1 829 000	562 000
Total Assets	24 648 000	21 805 000	22 456 000	21 801 000
Total Retained Equity	2 874 000	762 000	−48 000	−34 000
Total Equity	2 899 000	786 000	−23 000	−9 000
Total Long-Term Debt	21 138 000	20 794 000	22 474 000	21 810 000
Total Current Debt	607 000	224 000	6 000	0
Total Equity and Debt	24 644 000	21 805 000	22 456 000	21 801 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	432 000	161 000	1 037 000	0
Other Income	3 039 000	1 810 000	120 000	0
Revenue	3 471 000	1 971 000	1 157 000	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	216 000	202 000	322 000	5 000
Operating Profit	3 255 000	1 769 000	835 000	−5 000
Financial Income	426 000	354 000	0	0
Financial Costs	973 000	1 089 000	850 000	29 000
Financial Balance	−547 000	−735 000	−850 000	−29 000
Dividends	0	0	0	0
Net Income	2 112 000	810 000	−14 000	−34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 254 000	10 254 000	10 254 000	10 254 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 254 000	10 254 000	10 254 000	10 254 000
Total Fiancial Fixed Assets	13 271 000	10 428 000	10 373 000	10 985 000
Total Fixed Assets	23 525 000	20 682 000	20 627 000	21 239 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	3 000	0	562 000
Total Current Assets	1 123 000	1 122 000	1 829 000	562 000
Total Assets	24 648 000	21 805 000	22 456 000	21 801 000
Total Equity	2 899 000	786 000	−23 000	−9 000
Short-Term Group Debt	117 000	0	0	0
Total Long-Term Debt	21 138 000	20 794 000	22 474 000	21 810 000
Creditors	14 000	0	6 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	607 000	224 000	6 000	0
Total Equity and Debt	24 644 000	21 805 000	22 456 000	21 801 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,85 %	103,05 %	60,87 %	377,78 %
Debt-to-Equity Ratio	7,29	26,46	−977,13	−2 423,33
Operating Profit Margin	93,78 %	89,75 %	72,17 %	-
Current Ratio	1,85	5,01	304,83	-
Quick Ratio	1,85	5,01	304,83	-
Equity Ratio	0,12	0,04	−0	−0
Gross Profit Margin	100 %	100 %	100 %	-