VÅRVEIEN BORETTSLAG

3001 DRAMMEN

Finances

Share Ownership

Return on Equity

9,26 %

Current Ratio

11,05

Debt-to-Equity Ratio

1,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 455 000	2 288 000	2 325 000	2 254 000
Net Income	723 000	829 000	852 000	−121 000
Total Assets	18 733 000	18 368 000	17 924 000	17 364 000
Total Equity	7 806 000	7 084 000	6 255 000	5 402 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 455 000	2 288 000	2 325 000	2 254 000
Expenditure	1 443 000	1 269 000	1 235 000	2 091 000
Operating Profit	1 012 000	1 019 000	1 090 000	163 000
Financial Income	10 000	16 000	13 000	16 000
Financial Costs	300 000	206 000	251 000	300 000
Financial Balance	−290 000	−190 000	−238 000	−284 000
Earnings Before Tax	723 000	829 000	852 000	−121 000
Tax	0	0	0	0
Net Income	723 000	829 000	852 000	−121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 479 000	16 479 000	16 479 000	16 479 000
Total Current Assets	2 254 000	1 889 000	1 445 000	885 000
Total Assets	18 733 000	18 368 000	17 924 000	17 364 000
Total Retained Equity	7 802 000	7 080 000	6 251 000	5 398 000
Total Equity	7 806 000	7 084 000	6 255 000	5 402 000
Total Long-Term Debt	10 723 000	11 092 000	11 509 000	11 924 000
Total Current Debt	204 000	192 000	160 000	38 000
Total Equity and Debt	18 733 000	18 368 000	17 924 000	17 364 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 455 000	2 288 000	2 325 000	2 254 000
Revenue	2 455 000	2 288 000	2 325 000	2 254 000
Cost of Goods Sold	0	0	0	0
Salary Costs	110 000	107 000	114 000	139 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 443 000	1 269 000	1 235 000	2 091 000
Operating Profit	1 012 000	1 019 000	1 090 000	163 000
Financial Income	10 000	16 000	13 000	16 000
Financial Costs	300 000	206 000	251 000	300 000
Financial Balance	−290 000	−190 000	−238 000	−284 000
Dividends	0	0	0	0
Net Income	723 000	829 000	852 000	−121 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 479 000	16 479 000	16 479 000	16 479 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 479 000	16 479 000	16 479 000	16 479 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 479 000	16 479 000	16 479 000	16 479 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 029 000	1 781 000	1 258 000	885 000
Total Current Assets	2 254 000	1 889 000	1 445 000	885 000
Total Assets	18 733 000	18 368 000	17 924 000	17 364 000
Total Equity	7 806 000	7 084 000	6 255 000	5 402 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 723 000	11 092 000	11 509 000	11 924 000
Creditors	166 000	131 000	138 000	16 000
Unpaid Taxes	2 000	2 000	2 000	4 000
Dividends	0	0	0	0
Other Current Debt	35 000	60 000	20 000	17 000
Total Current Debt	204 000	192 000	160 000	38 000
Total Equity and Debt	18 733 000	18 368 000	17 924 000	17 364 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,26 %	11,7 %	13,62 %	−2,24 %
Debt-to-Equity Ratio	1,37	1,57	1,84	2,21
Operating Profit Margin	41,22 %	44,54 %	46,88 %	7,23 %
Current Ratio	11,05	9,84	9,03	23,29
Quick Ratio	11,05	9,84	9,03	23,29
Equity Ratio	0,42	0,39	0,35	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %