J VARHAUG AS

4331 ÅLGÅRD

Finances

Return on Equity

68,41 %

Current Ratio

3,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	627 000	612 000	528 000	528 000
Net Income	14 165 000	359 000	2 330 000	4 853 000
Total Assets	27 427 000	11 480 000	11 741 000	12 925 000
Total Equity	20 706 000	6 541 000	9 562 000	9 232 000

Income (NOK)	2022	2021	2020	2019
Revenue	627 000	612 000	528 000	528 000
Expenditure	23 000	166 000	76 000	82 000
Operating Profit	604 000	446 000	451 000	446 000
Financial Income	13 715 000	11 000	1 983 000	4 595 000
Financial Costs	12 000	0	0	79 000
Financial Balance	13 703 000	11 000	1 983 000	4 516 000
Earnings Before Tax	14 308 000	457 000	2 435 000	4 962 000
Tax	143 000	98 000	105 000	109 000
Net Income	14 165 000	359 000	2 330 000	4 853 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 668 000	1 347 000	1 354 000	1 352 000
Total Current Assets	25 759 000	10 133 000	10 386 000	11 573 000
Total Assets	27 427 000	11 480 000	11 741 000	12 925 000
Total Retained Equity	20 606 000	6 441 000	9 462 000	9 132 000
Total Equity	20 706 000	6 541 000	9 562 000	9 232 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 721 000	4 939 000	2 179 000	3 693 000
Total Equity and Debt	27 427 000	11 480 000	11 741 000	12 925 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	627 000	612 000	528 000	528 000
Revenue	627 000	612 000	528 000	528 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	8 000	21 000	28 000
Impairment	0	0	0	0
Expenditure	23 000	166 000	76 000	82 000
Operating Profit	604 000	446 000	451 000	446 000
Financial Income	13 715 000	11 000	1 983 000	4 595 000
Financial Costs	12 000	0	0	79 000
Financial Balance	13 703 000	11 000	1 983 000	4 516 000
Dividends	0	0	2 000 000	3 300 000
Net Income	14 165 000	359 000	2 330 000	4 853 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	348 000	348 000	356 000	377 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	348 000	348 000	356 000	377 000
Total Fiancial Fixed Assets	1 320 000	999 000	999 000	975 000
Total Fixed Assets	1 668 000	1 347 000	1 354 000	1 352 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 481 000	9 149 000	7 106 000	5 141 000
Total Current Assets	25 759 000	10 133 000	10 386 000	11 573 000
Total Assets	27 427 000	11 480 000	11 741 000	12 925 000
Total Equity	20 706 000	6 541 000	9 562 000	9 232 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	42 000	3 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	2 000 000	3 300 000
Other Current Debt	6 580 000	4 808 000	77 000	333 000
Total Current Debt	6 721 000	4 939 000	2 179 000	3 693 000
Total Equity and Debt	27 427 000	11 480 000	11 741 000	12 925 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,41 %	5,49 %	24,37 %	52,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	96,33 %	72,88 %	85,42 %	84,47 %
Current Ratio	3,83	2,05	4,77	3,13
Quick Ratio	3,83	2,05	4,77	3,13
Equity Ratio	0,75	0,57	0,81	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %