VARIG ORKLA FORSIKRING GJENSIDIG

7300 ORKANGER

Finances

Return on Equity

10,58 %

Current Ratio

36,9

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 602 000	8 092 000	22 610 000	22 213 000
Net Income	54 483 000	182 107 000	16 102 000	28 788 000
Total Assets	545 042 000	490 539 000	312 606 000	287 449 000
Total Equity	514 909 000	460 425 000	278 318 000	262 214 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 602 000	8 092 000	22 610 000	22 213 000
Expenditure	0	0	0	0
Operating Profit	−6 587 000	−13 285 000	4 377 000	6 962 000
Financial Income	63 667 000	190 371 000	15 564 000	24 349 000
Financial Costs	1 042 000	1 059 000	1 438 000	1 881 000
Financial Balance	62 625 000	189 312 000	14 126 000	22 468 000
Earnings Before Tax	54 853 000	176 028 000	18 798 000	29 826 000
Tax	−2 204 000	−2 834 000	1 282 000	1 488 000
Net Income	54 483 000	182 107 000	16 102 000	28 788 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 233 000	10 974 000	10 198 000	2 415 000
Total Current Assets	531 809 000	479 566 000	302 409 000	285 035 000
Total Assets	545 042 000	490 539 000	312 606 000	287 449 000
Total Retained Equity	514 909 000	460 425 000	278 318 000	262 214 000
Total Equity	514 909 000	460 425 000	278 318 000	262 214 000
Total Long-Term Debt	15 721 000	11 656 000	22 164 000	18 875 000
Total Current Debt	14 412 000	18 458 000	12 125 000	6 359 000
Total Equity and Debt	545 042 000	490 539 000	312 606 000	287 449 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 556 000	7 121 000	13 770 000	13 864 000
Other Income	11 046 000	971 000	8 840 000	8 349 000
Revenue	21 602 000	8 092 000	22 610 000	22 213 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	0	0	0
Operating Profit	−6 587 000	−13 285 000	4 377 000	6 962 000
Financial Income	63 667 000	190 371 000	15 564 000	24 349 000
Financial Costs	1 042 000	1 059 000	1 438 000	1 881 000
Financial Balance	62 625 000	189 312 000	14 126 000	22 468 000
Dividends	0	0	0	0
Net Income	54 483 000	182 107 000	16 102 000	28 788 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 546 000	7 383 000	8 204 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 298 000	644 000	690 000	795 000
Total Tangible Assets	10 313 000	9 872 000	10 169 000	2 115 000
Total Fiancial Fixed Assets	1 902 000	1 102 000	29 000	300 000
Total Fixed Assets	13 233 000	10 974 000	10 198 000	2 415 000
Stock	0	0	0	0
Total Investments	515 418 000	459 219 000	275 769 000	257 922 000
Cash, Bank	0	0	0	0
Total Current Assets	531 809 000	479 566 000	302 409 000	285 035 000
Total Assets	545 042 000	490 539 000	312 606 000	287 449 000
Total Equity	514 909 000	460 425 000	278 318 000	262 214 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 721 000	11 656 000	22 164 000	18 875 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	14 412 000	18 458 000	12 125 000	6 359 000
Total Current Debt	14 412 000	18 458 000	12 125 000	6 359 000
Total Equity and Debt	545 042 000	490 539 000	312 606 000	287 449 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,58 %	39,55 %	5,79 %	10,98 %
Debt-to-Equity Ratio	0,03	0,03	0,08	0,07
Operating Profit Margin	−30,49 %	−164,17 %	19,36 %	31,34 %
Current Ratio	36,9	25,98	24,94	44,82
Quick Ratio	36,9	25,98	24,94	44,82
Equity Ratio	0,94	0,94	0,89	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %