VARNAVEIEN 39 AS

1526 MOSS

Finances

Share Ownership

Return on Equity

152,68 %

Current Ratio

0,04

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 648 000	2 044 000	2 886 000	2 066 000
Net Income	6 588 000	24 000	−47 000	166 000
Total Assets	15 915 000	17 321 000	18 541 000	18 471 000
Total Equity	4 315 000	3 478 000	3 454 000	3 502 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 648 000	2 044 000	2 886 000	2 066 000
Expenditure	1 823 000	1 619 000	2 945 000	1 434 000
Operating Profit	8 824 000	425 000	−59 000	632 000
Financial Income	17 000	7 000	1 000	32 000
Financial Costs	395 000	402 000	3 000	451 000
Financial Balance	−378 000	−395 000	−2 000	−419 000
Earnings Before Tax	8 447 000	31 000	−61 000	212 000
Tax	1 858 000	7 000	−13 000	47 000
Net Income	6 588 000	24 000	−47 000	166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 570 000	16 782 000	17 066 000	17 350 000
Total Current Assets	346 000	539 000	1 475 000	1 121 000
Total Assets	15 915 000	17 321 000	18 541 000	18 471 000
Total Retained Equity	2 538 000	1 702 000	1 678 000	1 726 000
Total Equity	4 315 000	3 478 000	3 454 000	3 502 000
Total Long-Term Debt	1 792 000	257 000	250 000	13 785 000
Total Current Debt	9 809 000	13 586 000	14 837 000	1 184 000
Total Equity and Debt	15 915 000	17 321 000	18 541 000	18 471 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 622 000	2 044 000	2 886 000	0
Other Income	8 025 000	0	0	2 066 000
Revenue	10 648 000	2 044 000	2 886 000	2 066 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	288 000	285 000	273 000	217 000
Impairment	0	0	0	0
Expenditure	1 823 000	1 619 000	2 945 000	1 434 000
Operating Profit	8 824 000	425 000	−59 000	632 000
Financial Income	17 000	7 000	1 000	32 000
Financial Costs	395 000	402 000	3 000	451 000
Financial Balance	−378 000	−395 000	−2 000	−419 000
Dividends	0	0	0	0
Net Income	6 588 000	24 000	−47 000	166 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 570 000	16 782 000	17 066 000	16 912 000
Machinery and Plant Facilities	0	0	0	357 000
Fixtures	0	0	0	81 000
Total Tangible Assets	15 570 000	16 782 000	17 066 000	17 350 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 570 000	16 782 000	17 066 000	17 350 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	213 000	360 000	750 000	707 000
Total Current Assets	346 000	539 000	1 475 000	1 121 000
Total Assets	15 915 000	17 321 000	18 541 000	18 471 000
Total Equity	4 315 000	3 478 000	3 454 000	3 502 000
Short-Term Group Debt	9 294 000	13 067 000	14 477 000	263 000
Total Long-Term Debt	1 792 000	257 000	250 000	13 785 000
Creditors	412 000	415 000	136 000	109 000
Unpaid Taxes	0	0	0	161 000
Dividends	0	0	0	0
Other Current Debt	104 000	104 000	224 000	652 000
Total Current Debt	9 809 000	13 586 000	14 837 000	1 184 000
Total Equity and Debt	15 915 000	17 321 000	18 541 000	18 471 000

Financial indicators	2022	2021	2020	2019
Return on Equity	152,68 %	0,69 %	−1,36 %	4,74 %
Debt-to-Equity Ratio	0,42	0,07	0,07	3,94
Operating Profit Margin	82,87 %	20,79 %	−2,04 %	30,59 %
Current Ratio	0,04	0,04	0,1	0,95
Quick Ratio	0,04	0,04	0,1	0,95
Equity Ratio	0,27	0,2	0,19	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %