OLE G NORD-VARHAUG & CO AS

4360 VARHAUG

Finances

Share Ownership

Return on Equity

−1,65 %

Current Ratio

4,91

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 571 000	25 090 000	27 389 000	25 225 000
Net Income	−400 000	1 729 000	2 998 000	1 249 000
Total Assets	30 214 000	32 521 000	32 953 000	29 762 000
Total Equity	24 275 000	24 676 000	22 947 000	19 949 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 571 000	25 090 000	27 389 000	25 225 000
Expenditure	24 280 000	23 496 000	23 809 000	23 391 000
Operating Profit	−709 000	1 594 000	3 581 000	1 834 000
Financial Income	297 000	817 000	360 000	15 000
Financial Costs	136 000	406 000	173 000	247 000
Financial Balance	161 000	411 000	187 000	−232 000
Earnings Before Tax	−548 000	2 005 000	3 767 000	1 603 000
Tax	−148 000	276 000	769 000	354 000
Net Income	−400 000	1 729 000	2 998 000	1 249 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 854 000	12 297 000	15 476 000	18 638 000
Total Current Assets	17 361 000	20 224 000	17 477 000	11 124 000
Total Assets	30 214 000	32 521 000	32 953 000	29 762 000
Total Retained Equity	24 242 000	24 643 000	22 914 000	19 916 000
Total Equity	24 275 000	24 676 000	22 947 000	19 949 000
Total Long-Term Debt	2 400 000	3 600 000	4 800 000	6 117 000
Total Current Debt	3 539 000	4 245 000	5 206 000	3 696 000
Total Equity and Debt	30 214 000	32 521 000	32 953 000	29 762 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 493 000	25 012 000	27 098 000	25 087 000
Other Income	78 000	78 000	291 000	138 000
Revenue	23 571 000	25 090 000	27 389 000	25 225 000
Cost of Goods Sold	3 688 000	2 736 000	3 803 000	4 607 000
Salary Costs	9 440 000	9 217 000	9 433 000	9 655 000
Depreciation	3 217 000	3 510 000	4 101 000	3 517 000
Impairment	0	0	0	0
Expenditure	24 280 000	23 496 000	23 809 000	23 391 000
Operating Profit	−709 000	1 594 000	3 581 000	1 834 000
Financial Income	297 000	817 000	360 000	15 000
Financial Costs	136 000	406 000	173 000	247 000
Financial Balance	161 000	411 000	187 000	−232 000
Dividends	0	0	0	0
Net Income	−400 000	1 729 000	2 998 000	1 249 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	628 000	313 000	91 000	0
Real Eastate	1 588 000	1 633 000	1 678 000	1 723 000
Machinery and Plant Facilities	10 637 000	10 351 000	13 707 000	16 915 000
Fixtures	0	0	0	0
Total Tangible Assets	12 225 000	11 984 000	15 385 000	18 638 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 854 000	12 297 000	15 476 000	18 638 000
Stock	1 917 000	1 607 000	1 596 000	1 265 000
Total Investments	11 245 000	11 059 000	7 352 000	5 084 000
Cash, Bank	1 596 000	2 646 000	3 253 000	1 996 000
Total Current Assets	17 361 000	20 224 000	17 477 000	11 124 000
Total Assets	30 214 000	32 521 000	32 953 000	29 762 000
Total Equity	24 275 000	24 676 000	22 947 000	19 949 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 400 000	3 600 000	4 800 000	6 117 000
Creditors	1 066 000	490 000	836 000	426 000
Unpaid Taxes	1 055 000	1 618 000	1 601 000	1 380 000
Dividends	0	0	0	0
Other Current Debt	1 418 000	1 640 000	1 792 000	1 555 000
Total Current Debt	3 539 000	4 245 000	5 206 000	3 696 000
Total Equity and Debt	30 214 000	32 521 000	32 953 000	29 762 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,65 %	7,01 %	13,06 %	6,26 %
Debt-to-Equity Ratio	0,1	0,15	0,21	0,31
Operating Profit Margin	−3,01 %	6,35 %	13,07 %	7,27 %
Current Ratio	4,91	4,76	3,36	3,01
Quick Ratio	10,7	7,67	4,84	4,58
Equity Ratio	0,8	0,76	0,7	0,67
Gross Profit Margin	84,35 %	89,1 %	86,11 %	81,74 %