VARSLA BYGG AS

1390 VOLLEN

Finances

Share Ownership

Return on Equity

−53,79 %

Current Ratio

4,21

Debt-to-Equity Ratio

5,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	87 000	406 000	11 297 000	778 000
Net Income	−702 000	−235 000	2 141 000	246 000
Total Assets	11 905 000	4 830 000	3 313 000	6 366 000
Total Equity	1 305 000	2 006 000	2 241 000	606 000

Income (NOK)	2022	2021	2020	2019
Revenue	87 000	406 000	11 297 000	778 000
Expenditure	370 000	551 000	1 947 000	434 000
Operating Profit	−282 000	−144 000	3 216 000	345 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	422 000	90 000	466 000	82 000
Financial Balance	−420 000	−90 000	−465 000	−80 000
Earnings Before Tax	−702 000	−235 000	2 751 000	265 000
Tax	0	0	610 000	20 000
Net Income	−702 000	−235 000	2 141 000	246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	417 000	118 000	6 247 000
Total Current Assets	11 796 000	4 413 000	3 195 000	119 000
Total Assets	11 905 000	4 830 000	3 313 000	6 366 000
Total Retained Equity	1 205 000	1 906 000	2 141 000	506 000
Total Equity	1 305 000	2 006 000	2 241 000	606 000
Total Long-Term Debt	7 800 000	1 786 000	40 000	78 000
Total Current Debt	2 800 000	1 038 000	1 031 000	5 681 000
Total Equity and Debt	11 905 000	4 830 000	3 313 000	6 366 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 000	300 000	11 186 000	498 000
Other Income	35 000	106 000	111 000	280 000
Revenue	87 000	406 000	11 297 000	778 000
Cost of Goods Sold	−410 000	176 000	752 000	93 000
Salary Costs	334 000	19 000	514 000	16 000
Depreciation	54 000	65 000	64 000	63 000
Impairment	0	0	0	0
Expenditure	370 000	551 000	1 947 000	434 000
Operating Profit	−282 000	−144 000	3 216 000	345 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	422 000	90 000	466 000	82 000
Financial Balance	−420 000	−90 000	−465 000	−80 000
Dividends	0	0	506 000	0
Net Income	−702 000	−235 000	2 141 000	246 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	6 099 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	109 000	417 000	118 000	148 000
Total Tangible Assets	109 000	417 000	118 000	6 247 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	109 000	417 000	118 000	6 247 000
Stock	11 419 000	4 287 000	2 400 000	8 000
Total Investments	0	0	0	0
Cash, Bank	244 000	126 000	771 000	17 000
Total Current Assets	11 796 000	4 413 000	3 195 000	119 000
Total Assets	11 905 000	4 830 000	3 313 000	6 366 000
Total Equity	1 305 000	2 006 000	2 241 000	606 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 800 000	1 786 000	40 000	78 000
Creditors	224 000	591 000	179 000	600 000
Unpaid Taxes	83 000	11 000	189 000	3 000
Dividends	0	0	506 000	0
Other Current Debt	2 494 000	436 000	53 000	1 320 000
Total Current Debt	2 800 000	1 038 000	1 031 000	5 681 000
Total Equity and Debt	11 905 000	4 830 000	3 313 000	6 366 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,79 %	−11,71 %	95,54 %	40,59 %
Debt-to-Equity Ratio	5,98	0,89	0,02	0,13
Operating Profit Margin	−324,14 %	−35,47 %	28,47 %	44,34 %
Current Ratio	4,21	4,25	3,1	0,02
Quick Ratio	−1,37	−1,36	−2,33	0,02
Equity Ratio	0,11	0,42	0,68	0,1
Gross Profit Margin	571,26 %	56,65 %	93,34 %	88,05 %