O. VÆRING EFTF. AS

0252 OSLO

Finances

Share Ownership

Return on Equity

4 166,67 %

Current Ratio

0,73

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	470 000	416 000	360 000	896 000
Net Income	−125 000	−31 000	−252 000	345 000
Total Assets	56 000	188 000	224 000	650 000
Total Equity	−3 000	122 000	153 000	405 000

Income (NOK)	2022	2021	2020	2019
Revenue	470 000	416 000	360 000	896 000
Expenditure	596 000	503 000	611 000	464 000
Operating Profit	−125 000	−87 000	−252 000	432 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	1 000	3 000
Financial Balance	0	0	0	−3 000
Earnings Before Tax	−125 000	−87 000	−252 000	429 000
Tax	0	−56 000	0	84 000
Net Income	−125 000	−31 000	−252 000	345 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	13 000	22 000	42 000
Total Current Assets	43 000	175 000	202 000	608 000
Total Assets	56 000	188 000	224 000	650 000
Total Retained Equity	−103 000	22 000	53 000	305 000
Total Equity	−3 000	122 000	153 000	405 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	59 000	66 000	70 000	245 000
Total Equity and Debt	56 000	188 000	224 000	650 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	470 000	416 000	360 000	896 000
Other Income	0	0	0	0
Revenue	470 000	416 000	360 000	896 000
Cost of Goods Sold	0	0	0	25 000
Salary Costs	274 000	278 000	316 000	195 000
Depreciation	11 000	12 000	19 000	25 000
Impairment	0	0	0	0
Expenditure	596 000	503 000	611 000	464 000
Operating Profit	−125 000	−87 000	−252 000	432 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	1 000	3 000
Financial Balance	0	0	0	−3 000
Dividends	0	0	0	0
Net Income	−125 000	−31 000	−252 000	345 000

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	11 000	22 000	42 000
Total Tangible Assets	0	11 000	22 000	42 000
Total Fiancial Fixed Assets	13 000	2 000	0	0
Total Fixed Assets	13 000	13 000	22 000	42 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	36 000	173 000	200 000	608 000
Total Current Assets	43 000	175 000	202 000	608 000
Total Assets	56 000	188 000	224 000	650 000
Total Equity	−3 000	122 000	153 000	405 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	−9 000	0	5 000
Unpaid Taxes	37 000	52 000	46 000	130 000
Dividends	0	0	0	0
Other Current Debt	21 000	22 000	25 000	27 000
Total Current Debt	59 000	66 000	70 000	245 000
Total Equity and Debt	56 000	188 000	224 000	650 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4 166,67 %	−25,41 %	−164,71 %	85,19 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−26,6 %	−20,91 %	−70 %	48,21 %
Current Ratio	0,73	2,65	2,89	2,48
Quick Ratio	0,73	2,65	2,89	2,48
Equity Ratio	−0,05	0,65	0,68	0,62
Gross Profit Margin	100 %	100 %	100 %	97,21 %