VARANE AS

3716 SKIEN

Finances

Return on Equity

558,33 %

Current Ratio

8,19

Debt-to-Equity Ratio

250

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	201 000	−196 000	1 006 000
Total Assets	9 486 000	8 941 000	7 050 000
Total Equity	36 000	−166 000	30 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	0	0	17 000
Operating Profit	0	0	−17 000
Financial Income	651 000	0	1 054 000
Financial Costs	449 000	196 000	31 000
Financial Balance	202 000	−196 000	1 023 000
Earnings Before Tax	201 000	−196 000	1 006 000
Tax	0	0	0
Net Income	201 000	−196 000	1 006 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 801 000	5 801 000	5 801 000
Total Current Assets	3 685 000	3 140 000	1 249 000
Total Assets	9 486 000	8 941 000	7 050 000
Total Retained Equity	11 000	−190 000	6 000
Total Equity	36 000	−166 000	30 000
Total Long-Term Debt	9 000 000	9 000 000	3 420 000
Total Current Debt	450 000	106 000	3 600 000
Total Equity and Debt	9 486 000	8 941 000	7 050 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	0	0	17 000
Operating Profit	0	0	−17 000
Financial Income	651 000	0	1 054 000
Financial Costs	449 000	196 000	31 000
Financial Balance	202 000	−196 000	1 023 000
Dividends	0	0	0
Net Income	201 000	−196 000	1 006 000

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	5 801 000	5 801 000	5 801 000
Total Fixed Assets	5 801 000	5 801 000	5 801 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	381 000	486 000	196 000
Total Current Assets	3 685 000	3 140 000	1 249 000
Total Assets	9 486 000	8 941 000	7 050 000
Total Equity	36 000	−166 000	30 000
Short-Term Group Debt	0	0	3 600 000
Total Long-Term Debt	9 000 000	9 000 000	3 420 000
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	450 000	106 000	0
Total Current Debt	450 000	106 000	3 600 000
Total Equity and Debt	9 486 000	8 941 000	7 050 000

Financial indicators	2022	2021	2020
Return on Equity	558,33 %	118,07 %	3 353,33 %
Debt-to-Equity Ratio	250	−54,22	114
Operating Profit Margin	-	-	-
Current Ratio	8,19	29,62	0,35
Quick Ratio	8,19	29,62	0,35
Equity Ratio	0	−0,02	0
Gross Profit Margin	-	-	-