VARNER EQUITIES AS

1396 BILLINGSTAD

Finances

Return on Equity

9,45 %

Current Ratio

1,39

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	70 030 000	175 031 000	63 959 000	79 459 000
Net Income	28 357 000	186 579 000	56 808 000	72 569 000
Total Assets	984 823 000	815 388 000	545 111 000	457 769 000
Total Equity	299 934 000	270 406 000	212 358 000	205 550 000

Income (NOK)	2022	2021	2020	2019
Revenue	70 030 000	175 031 000	63 959 000	79 459 000
Expenditure	3 499 000	14 278 000	5 980 000	6 841 000
Operating Profit	66 531 000	160 753 000	57 978 000	72 618 000
Financial Income	10 825 000	34 494 000	8 711 000	5 275 000
Financial Costs	47 726 000	2 771 000	7 721 000	6 673 000
Financial Balance	−36 901 000	31 723 000	990 000	−1 398 000
Earnings Before Tax	29 630 000	192 475 000	58 967 000	71 219 000
Tax	1 273 000	5 896 000	2 159 000	−1 350 000
Net Income	28 357 000	186 579 000	56 808 000	72 569 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 043 000	49 766 000	38 922 000	13 528 000
Total Current Assets	941 780 000	765 622 000	506 189 000	444 240 000
Total Assets	984 823 000	815 388 000	545 111 000	457 769 000
Total Retained Equity	250 381 000	220 853 000	178 907 000	172 098 000
Total Equity	299 934 000	270 406 000	212 358 000	205 550 000
Total Long-Term Debt	6 703 000	8 158 000	2 263 000	104 000
Total Current Debt	678 186 000	536 824 000	330 490 000	252 115 000
Total Equity and Debt	984 823 000	815 388 000	545 111 000	457 769 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	70 030 000	175 031 000	63 959 000	79 459 000
Revenue	70 030 000	175 031 000	63 959 000	79 459 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 323 000	14 051 000	5 868 000	6 721 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 499 000	14 278 000	5 980 000	6 841 000
Operating Profit	66 531 000	160 753 000	57 978 000	72 618 000
Financial Income	10 825 000	34 494 000	8 711 000	5 275 000
Financial Costs	47 726 000	2 771 000	7 721 000	6 673 000
Financial Balance	−36 901 000	31 723 000	990 000	−1 398 000
Dividends	0	0	0	0
Net Income	28 357 000	186 579 000	56 808 000	72 569 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	43 043 000	49 766 000	38 922 000	13 528 000
Total Fixed Assets	43 043 000	49 766 000	38 922 000	13 528 000
Stock	0	0	0	0
Total Investments	940 825 000	763 788 000	487 424 000	394 234 000
Cash, Bank	0	0	0	0
Total Current Assets	941 780 000	765 622 000	506 189 000	444 240 000
Total Assets	984 823 000	815 388 000	545 111 000	457 769 000
Total Equity	299 934 000	270 406 000	212 358 000	205 550 000
Short-Term Group Debt	669 793 000	517 146 000	306 638 000	225 589 000
Total Long-Term Debt	6 703 000	8 158 000	2 263 000	104 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 007 000	19 678 000	23 851 000	26 526 000
Total Current Debt	678 186 000	536 824 000	330 490 000	252 115 000
Total Equity and Debt	984 823 000	815 388 000	545 111 000	457 769 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,45 %	69 %	26,75 %	35,3 %
Debt-to-Equity Ratio	0,02	0,03	0,01	0
Operating Profit Margin	95 %	91,84 %	90,65 %	91,39 %
Current Ratio	1,39	1,43	1,53	1,76
Quick Ratio	1,39	1,43	1,53	1,76
Equity Ratio	0,3	0,33	0,39	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %