VARANGER LOGISTICS AS

9800 VADSØ

Finances

Share Ownership

Return on Equity

−44,9 %

Current Ratio

0,82

Debt-to-Equity Ratio

−32,18

Key figures (NOK)	2022	2021	2020
Revenue	11 548 000	9 118 000	4 322 000
Net Income	22 000	−485 000	475 000
Total Assets	3 839 000	3 886 000	1 745 000
Total Equity	−49 000	−71 000	499 000

Income (NOK)	2022	2021	2020
Revenue	11 548 000	9 118 000	4 322 000
Expenditure	11 439 000	9 658 000	3 822 000
Operating Profit	110 000	−540 000	501 000
Financial Income	1 000	0	0
Financial Costs	89 000	20 000	0
Financial Balance	−88 000	−20 000	0
Earnings Before Tax	22 000	−560 000	500 000
Tax	0	−74 000	26 000
Net Income	22 000	−485 000	475 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 949 000	3 223 000	257 000
Total Current Assets	1 890 000	664 000	1 487 000
Total Assets	3 839 000	3 886 000	1 745 000
Total Retained Equity	−73 000	−95 000	469 000
Total Equity	−49 000	−71 000	499 000
Total Long-Term Debt	1 577 000	2 926 000	0
Total Current Debt	2 311 000	1 031 000	1 245 000
Total Equity and Debt	3 839 000	3 886 000	1 745 000

Cash flow (NOK)	2022	2021	2020
Sales Income	11 118 000	9 118 000	4 322 000
Other Income	430 000	0	0
Revenue	11 548 000	9 118 000	4 322 000
Cost of Goods Sold	673 000	2 296 000	3 184 000
Salary Costs	3 503 000	1 798 000	553 000
Depreciation	48 000	0	0
Impairment	0	0	0
Expenditure	11 439 000	9 658 000	3 822 000
Operating Profit	110 000	−540 000	501 000
Financial Income	1 000	0	0
Financial Costs	89 000	20 000	0
Financial Balance	−88 000	−20 000	0
Dividends	0	0	0
Net Income	22 000	−485 000	475 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	84 000
Real Eastate	0	0	0
Machinery and Plant Facilities	1 499 000	3 200 000	173 000
Fixtures	201 000	0	0
Total Tangible Assets	1 700 000	3 200 000	173 000
Total Fiancial Fixed Assets	249 000	23 000	0
Total Fixed Assets	1 949 000	3 223 000	257 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	521 000	151 000	361 000
Total Current Assets	1 890 000	664 000	1 487 000
Total Assets	3 839 000	3 886 000	1 745 000
Total Equity	−49 000	−71 000	499 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 577 000	2 926 000	0
Creditors	935 000	711 000	555 000
Unpaid Taxes	524 000	184 000	0
Dividends	0	0	0
Other Current Debt	852 000	136 000	580 000
Total Current Debt	2 311 000	1 031 000	1 245 000
Total Equity and Debt	3 839 000	3 886 000	1 745 000

Financial indicators	2022	2021	2020
Return on Equity	−44,9 %	683,1 %	95,19 %
Debt-to-Equity Ratio	−32,18	−41,21	0
Operating Profit Margin	0,95 %	−5,92 %	11,59 %
Current Ratio	0,82	0,64	1,19
Quick Ratio	0,82	0,64	1,19
Equity Ratio	−0,01	−0,02	0,29
Gross Profit Margin	94,17 %	74,82 %	26,33 %