VARIG HADELAND FORSIKRING

2750 GRAN

Finances

Return on Equity

−8,86 %

Current Ratio

26,32

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 881 000	12 878 000	27 363 000	27 488 000
Net Income	−20 062 000	26 629 000	11 892 000	28 728 000
Total Assets	269 589 000	302 920 000	272 907 000	251 932 000
Total Equity	226 381 000	247 940 000	222 942 000	213 784 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 881 000	12 878 000	27 363 000	27 488 000
Expenditure	0	0	0	0
Operating Profit	−4 087 000	−16 938 000	−7 030 000	4 300 000
Financial Income	−12 591 000	36 651 000	19 387 000	27 840 000
Financial Costs	588 000	609 000	974 000	730 000
Financial Balance	−13 179 000	36 042 000	18 413 000	27 110 000
Earnings Before Tax	−17 820 000	18 873 000	11 136 000	31 460 000
Tax	−865 000	−3 575 000	−931 000	2 390 000
Net Income	−20 062 000	26 629 000	11 892 000	28 728 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 823 000	28 409 000	26 663 000	21 941 000
Total Current Assets	240 765 000	274 511 000	246 244 000	229 991 000
Total Assets	269 589 000	302 920 000	272 907 000	251 932 000
Total Retained Equity	226 381 000	247 940 000	222 942 000	213 784 000
Total Equity	226 381 000	247 940 000	222 942 000	213 784 000
Total Long-Term Debt	34 059 000	33 435 000	44 154 000	29 549 000
Total Current Debt	9 149 000	21 545 000	5 811 000	8 598 000
Total Equity and Debt	269 589 000	302 920 000	272 907 000	251 932 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 125 000	11 560 000	16 499 000	17 226 000
Other Income	10 756 000	1 318 000	10 864 000	10 262 000
Revenue	25 881 000	12 878 000	27 363 000	27 488 000
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	−4 087 000	−16 938 000	−7 030 000	4 300 000
Financial Income	−12 591 000	36 651 000	19 387 000	27 840 000
Financial Costs	588 000	609 000	974 000	730 000
Financial Balance	−13 179 000	36 042 000	18 413 000	27 110 000
Dividends	0	0	0	0
Net Income	−20 062 000	26 629 000	11 892 000	28 728 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 215 000	2 222 000	2 229 000	2 236 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 377 000	718 000	683 000	812 000
Total Tangible Assets	7 151 000	5 959 000	5 573 000	5 181 000
Total Fiancial Fixed Assets	14 261 000	16 389 000	19 042 000	15 712 000
Total Fixed Assets	28 823 000	28 409 000	26 663 000	21 941 000
Stock	0	0	0	0
Total Investments	223 623 000	253 961 000	235 681 000	223 221 000
Cash, Bank	0	0	0	0
Total Current Assets	240 765 000	274 511 000	246 244 000	229 991 000
Total Assets	269 589 000	302 920 000	272 907 000	251 932 000
Total Equity	226 381 000	247 940 000	222 942 000	213 784 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 059 000	33 435 000	44 154 000	29 549 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 149 000	21 545 000	5 811 000	8 598 000
Total Current Debt	9 149 000	21 545 000	5 811 000	8 598 000
Total Equity and Debt	269 589 000	302 920 000	272 907 000	251 932 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,86 %	10,74 %	5,33 %	13,44 %
Debt-to-Equity Ratio	0,15	0,13	0,2	0,14
Operating Profit Margin	−15,79 %	−131,53 %	−25,69 %	15,64 %
Current Ratio	26,32	12,74	42,38	26,75
Quick Ratio	26,32	12,74	42,38	26,75
Equity Ratio	0,84	0,82	0,82	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %