VARPE EIENDOM AS

3132 HUSØYSUND

Finances

Return on Equity

253,7 %

Current Ratio

0,05

Debt-to-Equity Ratio

−191,78

Key figures (NOK)	2022	2021	2020
Revenue	137 000	158 000	45 000
Net Income	−137 000	1 000	−18 000
Total Assets	11 669 000	12 164 000	9 774 000
Total Equity	−54 000	82 000	82 000

Income (NOK)	2022	2021	2020
Revenue	137 000	158 000	45 000
Expenditure	150 000	34 000	13 000
Operating Profit	−13 000	123 000	31 000
Financial Income	253 000	176 000	0
Financial Costs	416 000	299 000	55 000
Financial Balance	−163 000	−123 000	−55 000
Earnings Before Tax	−175 000	1 000	−23 000
Tax	−39 000	0	−5 000
Net Income	−137 000	1 000	−18 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	11 604 000	12 157 000	9 644 000
Total Current Assets	66 000	7 000	130 000
Total Assets	11 669 000	12 164 000	9 774 000
Total Retained Equity	−154 000	−18 000	−18 000
Total Equity	−54 000	82 000	82 000
Total Long-Term Debt	10 356 000	10 507 000	8 507 000
Total Current Debt	1 368 000	1 574 000	1 185 000
Total Equity and Debt	11 669 000	12 164 000	9 774 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	137 000	158 000	45 000
Revenue	137 000	158 000	45 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	150 000	34 000	13 000
Operating Profit	−13 000	123 000	31 000
Financial Income	253 000	176 000	0
Financial Costs	416 000	299 000	55 000
Financial Balance	−163 000	−123 000	−55 000
Dividends	0	0	0
Net Income	−137 000	1 000	−18 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	44 000	5 000	5 000
Real Eastate	4 882 000	4 882 000	4 882 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	4 882 000	4 882 000	4 882 000
Total Fiancial Fixed Assets	6 678 000	7 270 000	4 758 000
Total Fixed Assets	11 604 000	12 157 000	9 644 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	63 000	6 000	128 000
Total Current Assets	66 000	7 000	130 000
Total Assets	11 669 000	12 164 000	9 774 000
Total Equity	−54 000	82 000	82 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	10 356 000	10 507 000	8 507 000
Creditors	0	3 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	1 368 000	1 572 000	1 185 000
Total Current Debt	1 368 000	1 574 000	1 185 000
Total Equity and Debt	11 669 000	12 164 000	9 774 000

Financial indicators	2022	2021	2020
Return on Equity	253,7 %	1,22 %	−21,95 %
Debt-to-Equity Ratio	−191,78	128,13	103,74
Operating Profit Margin	−9,49 %	77,85 %	68,89 %
Current Ratio	0,05	0	0,11
Quick Ratio	0,05	0	0,11
Equity Ratio	−0	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %