VARNA EIENDOM AS

0473 OSLO

Finances

Return on Equity

10,21 %

Current Ratio

0,02

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	760 000	891 000	610 000	250 000
Net Income	2 757 000	3 247 000	1 593 000	−21 588 000
Total Assets	70 047 000	68 793 000	68 310 000	61 516 000
Total Equity	27 002 000	28 744 000	28 498 000	28 155 000

Income (NOK)	2022	2021	2020	2019
Revenue	760 000	891 000	610 000	250 000
Expenditure	443 000	460 000	563 000	608 000
Operating Profit	317 000	431 000	47 000	−358 000
Financial Income	2 521 000	2 940 000	2 100 000	2 436 000
Financial Costs	0	30 000	557 000	23 751 000
Financial Balance	2 521 000	2 910 000	1 543 000	−21 315 000
Earnings Before Tax	2 838 000	3 342 000	1 590 000	−21 673 000
Tax	81 000	95 000	−2 000	−85 000
Net Income	2 757 000	3 247 000	1 593 000	−21 588 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 172 000	68 661 000	67 989 000	54 977 000
Total Current Assets	875 000	131 000	321 000	6 539 000
Total Assets	70 047 000	68 793 000	68 310 000	61 516 000
Total Retained Equity	26 502 000	28 244 000	27 998 000	27 655 000
Total Equity	27 002 000	28 744 000	28 498 000	28 155 000
Total Long-Term Debt	6 029 000	8 064 000	8 626 000	2 000
Total Current Debt	37 017 000	31 984 000	31 186 000	33 358 000
Total Equity and Debt	70 047 000	68 793 000	68 310 000	61 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	760 000	891 000	610 000	250 000
Revenue	760 000	891 000	610 000	250 000
Cost of Goods Sold	0	0	0	0
Salary Costs	171 000	171 000	172 000	172 000
Depreciation	19 000	23 000	20 000	7 000
Impairment	0	0	0	0
Expenditure	443 000	460 000	563 000	608 000
Operating Profit	317 000	431 000	47 000	−358 000
Financial Income	2 521 000	2 940 000	2 100 000	2 436 000
Financial Costs	0	30 000	557 000	23 751 000
Financial Balance	2 521 000	2 910 000	1 543 000	−21 315 000
Dividends	4 500 000	3 000 000	1 250 000	1 400 000
Net Income	2 757 000	3 247 000	1 593 000	−21 588 000

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	19 000	42 000	22 000
Total Tangible Assets	0	19 000	42 000	22 000
Total Fiancial Fixed Assets	69 172 000	68 642 000	67 947 000	54 955 000
Total Fixed Assets	69 172 000	68 661 000	67 989 000	54 977 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	375 000	116 000	312 000	108 000
Total Current Assets	875 000	131 000	321 000	6 539 000
Total Assets	70 047 000	68 793 000	68 310 000	61 516 000
Total Equity	27 002 000	28 744 000	28 498 000	28 155 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 029 000	8 064 000	8 626 000	2 000
Creditors	0	15 000	4 000	37 000
Unpaid Taxes	30 000	0	49 000	22 000
Dividends	4 500 000	3 000 000	1 250 000	1 400 000
Other Current Debt	626 000	1 574 000	3 517 000	31 899 000
Total Current Debt	37 017 000	31 984 000	31 186 000	33 358 000
Total Equity and Debt	70 047 000	68 793 000	68 310 000	61 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,21 %	11,3 %	5,59 %	−76,68 %
Debt-to-Equity Ratio	0,22	0,28	0,3	0
Operating Profit Margin	41,71 %	48,37 %	7,7 %	−143,2 %
Current Ratio	0,02	0	0,01	0,2
Quick Ratio	0,02	0	0,01	0,2
Equity Ratio	0,39	0,42	0,42	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %