VARDEN BORETTSLAG

5015 BERGEN

Finances

Share Ownership

Return on Equity

−2,56 %

Current Ratio

4,66

Debt-to-Equity Ratio

−1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 715 000	3 788 000	3 966 000	2 804 000
Net Income	420 000	724 000	−12 500 000	−8 994 000
Total Assets	6 768 000	7 090 000	6 667 000	15 681 000
Total Equity	−16 424 000	−16 843 000	−17 568 000	−5 068 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 715 000	3 788 000	3 966 000	2 804 000
Expenditure	2 852 000	2 612 000	16 083 000	11 750 000
Operating Profit	863 000	1 176 000	−12 116 000	−8 947 000
Financial Income	14 000	4 000	30 000	31 000
Financial Costs	458 000	456 000	413 000	78 000
Financial Balance	−444 000	−452 000	−383 000	−47 000
Earnings Before Tax	420 000	724 000	−12 116 000	−8 947 000
Tax	0	0	0	0
Net Income	420 000	724 000	−12 500 000	−8 994 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 076 000	5 172 000	5 267 000	4 910 000
Total Current Assets	1 692 000	1 918 000	1 400 000	10 771 000
Total Assets	6 768 000	7 090 000	6 667 000	15 681 000
Total Retained Equity	−16 430 000	−16 850 000	−17 574 000	−5 074 000
Total Equity	−16 424 000	−16 843 000	−17 568 000	−5 068 000
Total Long-Term Debt	22 829 000	23 383 000	23 686 000	17 219 000
Total Current Debt	363 000	551 000	549 000	3 531 000
Total Equity and Debt	6 768 000	7 090 000	6 667 000	15 681 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 708 000	3 781 000	0	0
Other Income	7 000	7 000	3 966 000	2 804 000
Revenue	3 715 000	3 788 000	3 966 000	2 804 000
Cost of Goods Sold	0	0	0	0
Salary Costs	263 000	264 000	332 000	171 000
Depreciation	96 000	96 000	41 000	51 000
Impairment	0	0	0	0
Expenditure	2 852 000	2 612 000	16 083 000	11 750 000
Operating Profit	863 000	1 176 000	−12 116 000	−8 947 000
Financial Income	14 000	4 000	30 000	31 000
Financial Costs	458 000	456 000	413 000	78 000
Financial Balance	−444 000	−452 000	−383 000	−47 000
Dividends	0	0	0	0
Net Income	420 000	724 000	−12 500 000	−8 994 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 840 000	4 840 000	4 840 000	4 840 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	237 000	332 000	428 000	70 000
Total Tangible Assets	5 076 000	5 172 000	5 267 000	4 910 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 076 000	5 172 000	5 267 000	4 910 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 446 000	1 643 000	853 000	10 469 000
Total Current Assets	1 692 000	1 918 000	1 400 000	10 771 000
Total Assets	6 768 000	7 090 000	6 667 000	15 681 000
Total Equity	−16 424 000	−16 843 000	−17 568 000	−5 068 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 829 000	23 383 000	23 686 000	17 219 000
Creditors	69 000	264 000	257 000	3 334 000
Unpaid Taxes	42 000	44 000	40 000	28 000
Dividends	0	0	0	0
Other Current Debt	252 000	242 000	252 000	169 000
Total Current Debt	363 000	551 000	549 000	3 531 000
Total Equity and Debt	6 768 000	7 090 000	6 667 000	15 681 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,56 %	−4,3 %	71,15 %	177,47 %
Debt-to-Equity Ratio	−1,39	−1,39	−1,35	−3,4
Operating Profit Margin	23,23 %	31,05 %	−305,5 %	−319,08 %
Current Ratio	4,66	3,48	2,55	3,05
Quick Ratio	4,66	3,48	2,55	3,05
Equity Ratio	−2,43	−2,38	−2,64	−0,32
Gross Profit Margin	100 %	100 %	100 %	100 %