VÅRBRIS AS

9790 KJØLLEFJORD

Finances

Share Ownership

Return on Equity

35,87 %

Current Ratio

0,89

Debt-to-Equity Ratio

−3,85

Key figures (NOK)	2022	2021	2020
Revenue	709 000	260 000	9 000
Net Income	−80 000	−7 000	−166 000
Total Assets	929 000	827 000	890 000
Total Equity	−223 000	−143 000	−136 000

Income (NOK)	2022	2021	2020
Revenue	709 000	260 000	9 000
Expenditure	672 000	214 000	210 000
Operating Profit	38 000	47 000	−201 000
Financial Income	0	0	0
Financial Costs	69 000	57 000	11 000
Financial Balance	−69 000	−57 000	−11 000
Earnings Before Tax	−31 000	−9 000	−213 000
Tax	49 000	−2 000	−47 000
Net Income	−80 000	−7 000	−166 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	668 000	806 000	870 000
Total Current Assets	261 000	21 000	20 000
Total Assets	929 000	827 000	890 000
Total Retained Equity	−253 000	−173 000	−166 000
Total Equity	−223 000	−143 000	−136 000
Total Long-Term Debt	858 000	876 000	960 000
Total Current Debt	294 000	95 000	66 000
Total Equity and Debt	929 000	827 000	890 000

Cash flow (NOK)	2022	2021	2020
Sales Income	709 000	260 000	9 000
Other Income	0	0	0
Revenue	709 000	260 000	9 000
Cost of Goods Sold	24 000	8 000	9 000
Salary Costs	327 000	0	0
Depreciation	90 000	89 000	28 000
Impairment	0	0	0
Expenditure	672 000	214 000	210 000
Operating Profit	38 000	47 000	−201 000
Financial Income	0	0	0
Financial Costs	69 000	57 000	11 000
Financial Balance	−69 000	−57 000	−11 000
Dividends	0	0	0
Net Income	−80 000	−7 000	−166 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	49 000	47 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	15 000	19 000	0
Total Tangible Assets	668 000	757 000	823 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	668 000	806 000	870 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	20 000	21 000	11 000
Total Current Assets	261 000	21 000	20 000
Total Assets	929 000	827 000	890 000
Total Equity	−223 000	−143 000	−136 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	858 000	876 000	960 000
Creditors	24 000	1 000	37 000
Unpaid Taxes	108 000	−1 000	−249 000
Dividends	0	0	0
Other Current Debt	161 000	95 000	277 000
Total Current Debt	294 000	95 000	66 000
Total Equity and Debt	929 000	827 000	890 000

Financial indicators	2022	2021	2020
Return on Equity	35,87 %	4,9 %	122,06 %
Debt-to-Equity Ratio	−3,85	−6,13	−7,06
Operating Profit Margin	5,36 %	18,08 %	−2 233,33 %
Current Ratio	0,89	0,22	0,3
Quick Ratio	0,89	0,22	0,3
Equity Ratio	−0,24	−0,17	−0,15
Gross Profit Margin	96,61 %	96,92 %	0 %