VARVO AS

4332 FIGGJO

Finances

Return on Equity

84,48 %

Current Ratio

2,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	294 000	0	0
Net Income	98 000	−4 000	−2 000
Total Assets	167 000	18 000	22 000
Total Equity	116 000	18 000	22 000

Income (NOK)	2022	2021	2020
Revenue	294 000	0	0
Expenditure	164 000	4 000	2 000
Operating Profit	131 000	−4 000	−2 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	131 000	−4 000	−2 000
Tax	33 000	0	0
Net Income	98 000	−4 000	−2 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	15 000	15 000	15 000
Total Current Assets	152 000	3 000	7 000
Total Assets	167 000	18 000	22 000
Total Retained Equity	86 000	−7 000	−2 000
Total Equity	116 000	18 000	22 000
Total Long-Term Debt	0	0	0
Total Current Debt	51 000	0	0
Total Equity and Debt	167 000	18 000	22 000

Cash flow (NOK)	2022	2021	2020
Sales Income	294 000	0	0
Other Income	0	0	0
Revenue	294 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	164 000	4 000	2 000
Operating Profit	131 000	−4 000	−2 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	98 000	−4 000	−2 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	15 000	15 000	15 000
Total Fixed Assets	15 000	15 000	15 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	119 000	3 000	7 000
Total Current Assets	152 000	3 000	7 000
Total Assets	167 000	18 000	22 000
Total Equity	116 000	18 000	22 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	10 000	0	0
Unpaid Taxes	9 000	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	51 000	0	0
Total Equity and Debt	167 000	18 000	22 000

Financial indicators	2022	2021	2020
Return on Equity	84,48 %	−22,22 %	−9,09 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	44,56 %	-	-
Current Ratio	2,98	-	-
Quick Ratio	2,98	-	-
Equity Ratio	0,69	1	1
Gross Profit Margin	100 %	-	-