VARDA CARE AS

6005 ÅLESUND

Finances

Share Ownership

Return on Equity

−81,97 %

Current Ratio

6,17

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020
Revenue	3 000	259 000	816 000
Net Income	−5 424 000	−6 627 000	−5 242 000
Total Assets	11 424 000	4 576 000	11 733 000
Total Equity	6 617 000	−2 699 000	3 928 000

Income (NOK)	2022	2021	2020
Revenue	3 000	259 000	816 000
Expenditure	5 129 000	6 599 000	5 959 000
Operating Profit	−5 127 000	−6 339 000	−5 143 000
Financial Income	0	23 000	2 000
Financial Costs	297 000	311 000	101 000
Financial Balance	−297 000	−288 000	−99 000
Earnings Before Tax	−5 424 000	−6 627 000	−5 242 000
Tax	0	0	0
Net Income	−5 424 000	−6 627 000	−5 242 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 208 000	3 303 000	2 239 000
Total Current Assets	6 216 000	1 273 000	9 494 000
Total Assets	11 424 000	4 576 000	11 733 000
Total Retained Equity	0	−2 865 000	−5 242 000
Total Equity	6 617 000	−2 699 000	3 928 000
Total Long-Term Debt	3 800 000	5 711 000	6 100 000
Total Current Debt	1 007 000	1 565 000	1 704 000
Total Equity and Debt	11 424 000	4 576 000	11 733 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	56 000
Other Income	3 000	259 000	760 000
Revenue	3 000	259 000	816 000
Cost of Goods Sold	11 000	5 000	1 000
Salary Costs	2 034 000	4 134 000	2 783 000
Depreciation	634 000	603 000	14 000
Impairment	0	0	0
Expenditure	5 129 000	6 599 000	5 959 000
Operating Profit	−5 127 000	−6 339 000	−5 143 000
Financial Income	0	23 000	2 000
Financial Costs	297 000	311 000	101 000
Financial Balance	−297 000	−288 000	−99 000
Dividends	0	0	0
Net Income	−5 424 000	−6 627 000	−5 242 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	5 157 000	3 219 000	2 188 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	51 000	84 000	51 000
Total Tangible Assets	51 000	84 000	51 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	5 208 000	3 303 000	2 239 000
Stock	74 000	0	0
Total Investments	0	0	0
Cash, Bank	5 897 000	994 000	4 248 000
Total Current Assets	6 216 000	1 273 000	9 494 000
Total Assets	11 424 000	4 576 000	11 733 000
Total Equity	6 617 000	−2 699 000	3 928 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 800 000	5 711 000	6 100 000
Creditors	773 000	736 000	1 042 000
Unpaid Taxes	83 000	254 000	326 000
Dividends	0	0	0
Other Current Debt	151 000	574 000	337 000
Total Current Debt	1 007 000	1 565 000	1 704 000
Total Equity and Debt	11 424 000	4 576 000	11 733 000

Financial indicators	2022	2021	2020
Return on Equity	−81,97 %	245,54 %	−133,45 %
Debt-to-Equity Ratio	0,57	−2,12	1,55
Operating Profit Margin	−170 900 %	−2 447,49 %	−630,27 %
Current Ratio	6,17	0,81	5,57
Quick Ratio	6,66	0,81	5,57
Equity Ratio	0,58	−0,59	0,33
Gross Profit Margin	−266,67 %	98,07 %	99,88 %