VÅREN AS

3535 KRØDEREN

Finances

Return on Equity

−85,32 %

Current Ratio

0,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 476 000	198 000	0	0
Net Income	−2 569 000	−1 240 000	−22 000	0
Total Assets	3 551 000	4 558 000	348 000	100 000
Total Equity	3 011 000	3 979 000	219 000	94 000

Income (NOK)	2022	2021	2020
Revenue	1 476 000	198 000	0
Expenditure	4 046 000	1 437 000	22 000
Operating Profit	−2 570 000	−1 240 000	−22 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−2 569 000	−1 240 000	−22 000
Tax	0	0	0
Net Income	−2 569 000	−1 240 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 196 000	1 175 000	320 000	0
Total Current Assets	355 000	3 383 000	28 000	100 000
Total Assets	3 551 000	4 558 000	348 000	100 000
Total Retained Equity	−3 831 000	−1 262 000	−22 000	0
Total Equity	3 011 000	3 979 000	219 000	94 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	540 000	579 000	129 000	6 000
Total Equity and Debt	3 551 000	4 558 000	348 000	100 000

Cash flow (NOK)	2022	2021	2020
Sales Income	896 000	198 000	0
Other Income	580 000	0	0
Revenue	1 476 000	198 000	0
Cost of Goods Sold	782 000	308 000	0
Salary Costs	2 684 000	936 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	4 046 000	1 437 000	22 000
Operating Profit	−2 570 000	−1 240 000	−22 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−2 569 000	−1 240 000	−22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	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	3 196 000	1 175 000	320 000	0
Total Fixed Assets	3 196 000	1 175 000	320 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	297 000	3 139 000	19 000	0
Total Current Assets	355 000	3 383 000	28 000	100 000
Total Assets	3 551 000	4 558 000	348 000	100 000
Total Equity	3 011 000	3 979 000	219 000	94 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	74 000	132 000	13 000	0
Unpaid Taxes	190 000	74 000	0	0
Dividends	0	0	0	0
Other Current Debt	277 000	372 000	116 000	6 000
Total Current Debt	540 000	579 000	129 000	6 000
Total Equity and Debt	3 551 000	4 558 000	348 000	100 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−85,32 %	−31,16 %	−10,05 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−174,12 %	−626,26 %	-	-
Current Ratio	0,66	5,84	0,22	16,67
Quick Ratio	0,66	5,84	0,22	16,67
Equity Ratio	0,85	0,87	0,63	0,94
Gross Profit Margin	47,02 %	−55,56 %	-	-