VARDE FORVALTNING AS

0250 OSLO

Finances

Share Ownership

Return on Equity

185,63 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	847 000	506 000	0
Net Income	310 000	337 000	−42 000
Total Assets	591 000	443 000	4 000
Total Equity	167 000	130 000	−12 000

Income (NOK)	2022	2021	2020
Revenue	847 000	506 000	0
Expenditure	450 000	85 000	42 000
Operating Profit	397 000	421 000	−42 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	397 000	421 000	−42 000
Tax	87 000	83 000	0
Net Income	310 000	337 000	−42 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	591 000	443 000	4 000
Total Assets	591 000	443 000	4 000
Total Retained Equity	137 000	100 000	−42 000
Total Equity	167 000	130 000	−12 000
Total Long-Term Debt	0	0	0
Total Current Debt	424 000	313 000	16 000
Total Equity and Debt	591 000	443 000	4 000

Cash flow (NOK)	2022	2021	2020
Sales Income	847 000	506 000	0
Other Income	0	0	0
Revenue	847 000	506 000	0
Cost of Goods Sold	0	0	0
Salary Costs	233 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	450 000	85 000	42 000
Operating Profit	397 000	421 000	−42 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	310 000	337 000	−42 000

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	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	591 000	443 000	4 000
Total Current Assets	591 000	443 000	4 000
Total Assets	591 000	443 000	4 000
Total Equity	167 000	130 000	−12 000
Short-Term Group Debt	350 000	250 000	0
Total Long-Term Debt	0	0	0
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	64 000	34 000	16 000
Total Current Debt	424 000	313 000	16 000
Total Equity and Debt	591 000	443 000	4 000

Financial indicators	2022	2021	2020
Return on Equity	185,63 %	259,23 %	350 %
Debt-to-Equity Ratio	0	0	−0
Operating Profit Margin	46,87 %	83,2 %	-
Current Ratio	1,39	1,42	0,25
Quick Ratio	1,39	1,42	0,25
Equity Ratio	0,28	0,29	−3
Gross Profit Margin	100 %	100 %	-