VÅRVEIEN 16 EIENDOM AS

3044 DRAMMEN

Finances

Share Ownership

Return on Equity

24,34 %

Current Ratio

0,96

Debt-to-Equity Ratio

1,81

Key figures (NOK)	2022	2021	2020
Revenue	1 624 000	1 526 000	1 443 000
Net Income	798 000	766 000	72 000
Total Assets	9 527 000	9 645 000	10 153 000
Total Equity	3 278 000	2 479 000	1 713 000

Income (NOK)	2022	2021	2020
Revenue	1 624 000	1 526 000	1 443 000
Expenditure	323 000	301 000	1 061 000
Operating Profit	1 301 000	1 225 000	383 000
Financial Income	0	0	0
Financial Costs	277 000	243 000	291 000
Financial Balance	−277 000	−243 000	−291 000
Earnings Before Tax	1 024 000	982 000	92 000
Tax	225 000	216 000	20 000
Net Income	798 000	766 000	72 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	9 226 000	9 470 000	9 714 000
Total Current Assets	301 000	175 000	438 000
Total Assets	9 527 000	9 645 000	10 153 000
Total Retained Equity	1 921 000	1 122 000	356 000
Total Equity	3 278 000	2 479 000	1 713 000
Total Long-Term Debt	5 937 000	6 870 000	8 245 000
Total Current Debt	312 000	296 000	194 000
Total Equity and Debt	9 527 000	9 645 000	10 153 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	1 624 000	1 526 000	1 443 000
Revenue	1 624 000	1 526 000	1 443 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	244 000	244 000	224 000
Impairment	0	0	0
Expenditure	323 000	301 000	1 061 000
Operating Profit	1 301 000	1 225 000	383 000
Financial Income	0	0	0
Financial Costs	277 000	243 000	291 000
Financial Balance	−277 000	−243 000	−291 000
Dividends	0	0	0
Net Income	798 000	766 000	72 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	9 226 000	9 470 000	9 714 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	9 226 000	9 470 000	9 714 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	9 226 000	9 470 000	9 714 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	232 000	161 000	427 000
Total Current Assets	301 000	175 000	438 000
Total Assets	9 527 000	9 645 000	10 153 000
Total Equity	3 278 000	2 479 000	1 713 000
Short-Term Group Debt	0	0	133 000
Total Long-Term Debt	5 937 000	6 870 000	8 245 000
Creditors	5 000	2 000	2 000
Unpaid Taxes	64 000	62 000	59 000
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	312 000	296 000	194 000
Total Equity and Debt	9 527 000	9 645 000	10 153 000

Financial indicators	2022	2021	2020
Return on Equity	24,34 %	30,9 %	4,2 %
Debt-to-Equity Ratio	1,81	2,77	4,81
Operating Profit Margin	80,11 %	80,28 %	26,54 %
Current Ratio	0,96	0,59	2,26
Quick Ratio	0,96	0,59	2,26
Equity Ratio	0,34	0,26	0,17
Gross Profit Margin	100 %	100 %	100 %