VARDEN BORETTSLAG

4017 STAVANGER

Finances

Share Ownership

Return on Equity

13,78 %

Current Ratio

10,95

Debt-to-Equity Ratio

2,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 837 000	2 834 000	2 834 000	2 834 000
Net Income	776 000	1 211 000	−613 000	1 300 000
Total Assets	19 284 000	19 392 000	18 455 000	19 663 000
Total Equity	5 632 000	4 856 000	3 646 000	4 259 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 837 000	2 834 000	2 834 000	2 834 000
Expenditure	1 909 000	1 500 000	3 284 000	1 367 000
Operating Profit	927 000	1 335 000	−450 000	1 466 000
Financial Income	36 000	3 000	15 000	49 000
Financial Costs	187 000	126 000	178 000	216 000
Financial Balance	−151 000	−123 000	−163 000	−167 000
Earnings Before Tax	927 000	1 335 000	−450 000	1 466 000
Tax	0	0	0	0
Net Income	776 000	1 211 000	−613 000	1 300 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 474 000	15 146 000	15 146 000	15 146 000
Total Current Assets	3 811 000	4 246 000	3 309 000	4 517 000
Total Assets	19 284 000	19 392 000	18 455 000	19 663 000
Total Retained Equity	5 626 000	4 851 000	3 640 000	4 253 000
Total Equity	5 632 000	4 856 000	3 646 000	4 259 000
Total Long-Term Debt	13 305 000	13 944 000	14 594 000	15 208 000
Total Current Debt	348 000	592 000	215 000	196 000
Total Equity and Debt	19 284 000	19 392 000	18 455 000	19 663 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 837 000	2 834 000	2 834 000	2 834 000
Revenue	2 837 000	2 834 000	2 834 000	2 834 000
Cost of Goods Sold	0	0	0	0
Salary Costs	100 000	98 000	91 000	91 000
Depreciation	50 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 909 000	1 500 000	3 284 000	1 367 000
Operating Profit	927 000	1 335 000	−450 000	1 466 000
Financial Income	36 000	3 000	15 000	49 000
Financial Costs	187 000	126 000	178 000	216 000
Financial Balance	−151 000	−123 000	−163 000	−167 000
Dividends	0	0	0	0
Net Income	776 000	1 211 000	−613 000	1 300 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 146 000	15 146 000	15 146 000	15 146 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	327 000	0	0	0
Total Tangible Assets	15 474 000	15 146 000	15 146 000	15 146 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 474 000	15 146 000	15 146 000	15 146 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 457 000	3 647 000	2 772 000	4 275 000
Total Current Assets	3 811 000	4 246 000	3 309 000	4 517 000
Total Assets	19 284 000	19 392 000	18 455 000	19 663 000
Total Equity	5 632 000	4 856 000	3 646 000	4 259 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 305 000	13 944 000	14 594 000	15 208 000
Creditors	333 000	551 000	197 000	188 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	15 000	41 000	18 000	8 000
Total Current Debt	348 000	592 000	215 000	196 000
Total Equity and Debt	19 284 000	19 392 000	18 455 000	19 663 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,78 %	24,94 %	−16,81 %	30,52 %
Debt-to-Equity Ratio	2,36	2,87	4	3,57
Operating Profit Margin	32,68 %	47,11 %	−15,88 %	51,73 %
Current Ratio	10,95	7,17	15,39	23,05
Quick Ratio	10,95	7,17	15,39	23,05
Equity Ratio	0,29	0,25	0,2	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %