VARABERG EIENDOM AS

4312 SANDNES

Finances

Return on Equity

13,53 %

Current Ratio

0,65

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	806 000	1 157 000	1 270 000	1 245 000
Net Income	427 000	773 000	858 000	850 000
Total Assets	3 982 000	3 489 000	2 993 000	3 327 000
Total Equity	3 155 000	2 729 000	2 196 000	2 737 000

Income (NOK)	2022	2021	2020	2019
Revenue	806 000	1 157 000	1 270 000	1 245 000
Expenditure	262 000	231 000	175 000	167 000
Operating Profit	544 000	926 000	1 095 000	1 078 000
Financial Income	8 000	66 000	5 000	15 000
Financial Costs	6 000	0	0	3 000
Financial Balance	2 000	66 000	5 000	12 000
Earnings Before Tax	547 000	991 000	1 100 000	1 090 000
Tax	120 000	218 000	242 000	240 000
Net Income	427 000	773 000	858 000	850 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 516 000	2 470 000	2 434 000	2 555 000
Total Current Assets	466 000	1 019 000	559 000	772 000
Total Assets	3 982 000	3 489 000	2 993 000	3 327 000
Total Retained Equity	2 878 000	2 451 000	1 919 000	2 460 000
Total Equity	3 155 000	2 729 000	2 196 000	2 737 000
Total Long-Term Debt	112 000	113 000	117 000	119 000
Total Current Debt	714 000	648 000	681 000	470 000
Total Equity and Debt	3 982 000	3 489 000	2 993 000	3 327 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	806 000	1 157 000	1 270 000	1 245 000
Revenue	806 000	1 157 000	1 270 000	1 245 000
Cost of Goods Sold	18 000	0	2 000	0
Salary Costs	0	0	0	0
Depreciation	144 000	124 000	120 000	120 000
Impairment	0	0	0	0
Expenditure	262 000	231 000	175 000	167 000
Operating Profit	544 000	926 000	1 095 000	1 078 000
Financial Income	8 000	66 000	5 000	15 000
Financial Costs	6 000	0	0	3 000
Financial Balance	2 000	66 000	5 000	12 000
Dividends	0	0	0	0
Net Income	427 000	773 000	858 000	850 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 416 000	2 314 000	2 434 000	2 555 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	56 000	0	0
Total Tangible Assets	3 416 000	2 370 000	2 434 000	2 555 000
Total Fiancial Fixed Assets	100 000	100 000	0	0
Total Fixed Assets	3 516 000	2 470 000	2 434 000	2 555 000
Stock	0	0	0	0
Total Investments	0	0	34 000	34 000
Cash, Bank	303 000	541 000	400 000	619 000
Total Current Assets	466 000	1 019 000	559 000	772 000
Total Assets	3 982 000	3 489 000	2 993 000	3 327 000
Total Equity	3 155 000	2 729 000	2 196 000	2 737 000
Short-Term Group Debt	405 000	308 000	0	0
Total Long-Term Debt	112 000	113 000	117 000	119 000
Creditors	11 000	9 000	4 000	6 000
Unpaid Taxes	36 000	33 000	84 000	74 000
Dividends	0	0	0	0
Other Current Debt	142 000	144 000	348 000	307 000
Total Current Debt	714 000	648 000	681 000	470 000
Total Equity and Debt	3 982 000	3 489 000	2 993 000	3 327 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,53 %	28,33 %	39,07 %	31,06 %
Debt-to-Equity Ratio	0,04	0,04	0,05	0,04
Operating Profit Margin	67,49 %	80,03 %	86,22 %	86,59 %
Current Ratio	0,65	1,57	0,82	1,64
Quick Ratio	0,65	1,57	0,82	1,64
Equity Ratio	0,79	0,78	0,73	0,82
Gross Profit Margin	97,77 %	100 %	99,84 %	100 %