VARIG BYGG MESTER AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

24,24 %

Current Ratio

3,31

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 730 000	12 372 000	13 057 000	8 540 000
Net Income	817 000	179 000	349 000	295 000
Total Assets	4 905 000	4 271 000	5 249 000	3 659 000
Total Equity	3 371 000	2 555 000	2 376 000	2 027 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 730 000	12 372 000	13 057 000	8 540 000
Expenditure	9 664 000	12 205 000	12 621 000	8 184 000
Operating Profit	1 066 000	167 000	436 000	358 000
Financial Income	13 000	55 000	16 000	22 000
Financial Costs	25 000	1 000	9 000	7 000
Financial Balance	−12 000	54 000	7 000	15 000
Earnings Before Tax	1 054 000	221 000	443 000	372 000
Tax	237 000	42 000	94 000	78 000
Net Income	817 000	179 000	349 000	295 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 000	126 000	249 000	321 000
Total Current Assets	4 832 000	4 144 000	4 999 000	3 338 000
Total Assets	4 905 000	4 271 000	5 249 000	3 659 000
Total Retained Equity	3 271 000	2 455 000	2 276 000	1 927 000
Total Equity	3 371 000	2 555 000	2 376 000	2 027 000
Total Long-Term Debt	71 000	121 000	275 000	310 000
Total Current Debt	1 462 000	1 595 000	2 598 000	1 323 000
Total Equity and Debt	4 905 000	4 271 000	5 249 000	3 659 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 730 000	12 322 000	13 057 000	8 540 000
Other Income	0	50 000	0	0
Revenue	10 730 000	12 372 000	13 057 000	8 540 000
Cost of Goods Sold	4 192 000	6 914 000	7 165 000	4 068 000
Salary Costs	4 280 000	4 090 000	4 266 000	3 194 000
Depreciation	54 000	123 000	112 000	119 000
Impairment	0	0	0	0
Expenditure	9 664 000	12 205 000	12 621 000	8 184 000
Operating Profit	1 066 000	167 000	436 000	358 000
Financial Income	13 000	55 000	16 000	22 000
Financial Costs	25 000	1 000	9 000	7 000
Financial Balance	−12 000	54 000	7 000	15 000
Dividends	0	0	0	0
Net Income	817 000	179 000	349 000	295 000

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	72 000	126 000	249 000	321 000
Total Tangible Assets	72 000	126 000	249 000	321 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	72 000	126 000	249 000	321 000
Stock	0	0	0	0
Total Investments	0	716 000	686 000	671 000
Cash, Bank	3 632 000	2 457 000	2 901 000	815 000
Total Current Assets	4 832 000	4 144 000	4 999 000	3 338 000
Total Assets	4 905 000	4 271 000	5 249 000	3 659 000
Total Equity	3 371 000	2 555 000	2 376 000	2 027 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	71 000	121 000	275 000	310 000
Creditors	252 000	530 000	1 715 000	363 000
Unpaid Taxes	587 000	511 000	335 000	451 000
Dividends	0	0	0	0
Other Current Debt	336 000	462 000	498 000	368 000
Total Current Debt	1 462 000	1 595 000	2 598 000	1 323 000
Total Equity and Debt	4 905 000	4 271 000	5 249 000	3 659 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,24 %	7,01 %	14,69 %	14,55 %
Debt-to-Equity Ratio	0,02	0,05	0,12	0,15
Operating Profit Margin	9,93 %	1,35 %	3,34 %	4,19 %
Current Ratio	3,31	2,6	1,92	2,52
Quick Ratio	3,31	2,6	1,92	2,52
Equity Ratio	0,69	0,6	0,45	0,55
Gross Profit Margin	60,93 %	44,12 %	45,13 %	52,37 %