VARDEN BORETTSLAG

3211 SANDEFJORD

Finances

Share Ownership

Return on Equity

−26,9 %

Current Ratio

7,9

Debt-to-Equity Ratio

−2,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	643 000	619 000	581 000	576 000
Net Income	237 000	244 000	−261 000	217 000
Total Assets	1 468 000	1 369 000	1 275 000	1 622 000
Total Equity	−881 000	−1 118 000	−1 362 000	−1 102 000

Income (NOK)	2022	2021	2020	2019
Revenue	643 000	619 000	581 000	576 000
Expenditure	344 000	326 000	784 000	291 000
Operating Profit	300 000	293 000	−203 000	286 000
Financial Income	5 000	0	3 000	7 000
Financial Costs	68 000	49 000	61 000	75 000
Financial Balance	−63 000	−49 000	−58 000	−68 000
Earnings Before Tax	237 000	244 000	−261 000	217 000
Tax	0	0	0	0
Net Income	237 000	244 000	−261 000	217 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	837 000	822 000	807 000	1 164 000
Total Current Assets	632 000	547 000	468 000	458 000
Total Assets	1 468 000	1 369 000	1 275 000	1 622 000
Total Retained Equity	−883 000	−1 119 000	−1 363 000	−1 103 000
Total Equity	−881 000	−1 118 000	−1 362 000	−1 102 000
Total Long-Term Debt	2 270 000	2 369 000	2 503 000	2 636 000
Total Current Debt	80 000	118 000	135 000	87 000
Total Equity and Debt	1 468 000	1 369 000	1 275 000	1 622 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	643 000	619 000	581 000	576 000
Revenue	643 000	619 000	581 000	576 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 000	29 000	28 000	29 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	344 000	326 000	784 000	291 000
Operating Profit	300 000	293 000	−203 000	286 000
Financial Income	5 000	0	3 000	7 000
Financial Costs	68 000	49 000	61 000	75 000
Financial Balance	−63 000	−49 000	−58 000	−68 000
Dividends	0	0	0	0
Net Income	237 000	244 000	−261 000	217 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	768 000	768 000	768 000	768 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	768 000	768 000	768 000	768 000
Total Fiancial Fixed Assets	69 000	54 000	39 000	396 000
Total Fixed Assets	837 000	822 000	807 000	1 164 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	566 000	423 000	335 000	371 000
Total Current Assets	632 000	547 000	468 000	458 000
Total Assets	1 468 000	1 369 000	1 275 000	1 622 000
Total Equity	−881 000	−1 118 000	−1 362 000	−1 102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 270 000	2 369 000	2 503 000	2 636 000
Creditors	65 000	117 000	117 000	83 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	14 000	1 000	18 000	4 000
Total Current Debt	80 000	118 000	135 000	87 000
Total Equity and Debt	1 468 000	1 369 000	1 275 000	1 622 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,9 %	−21,82 %	19,16 %	−19,69 %
Debt-to-Equity Ratio	−2,58	−2,12	−1,84	−2,39
Operating Profit Margin	46,66 %	47,33 %	−34,94 %	49,65 %
Current Ratio	7,9	4,64	3,47	5,26
Quick Ratio	7,9	4,64	3,47	5,26
Equity Ratio	−0,6	−0,82	−1,07	−0,68
Gross Profit Margin	100 %	100 %	100 %	100 %