VÅRBUEN AS

9762 KAMØYVÆR

Finances

Return on Equity

−2,21 %

Current Ratio

2,7

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 714 000	3 629 000	4 926 000	6 805 000
Net Income	−332 000	−242 000	−869 000	−5 496 000
Total Assets	18 760 000	19 614 000	20 123 000	23 345 000
Total Equity	15 019 000	15 351 000	15 593 000	16 462 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 714 000	3 629 000	4 926 000	6 805 000
Expenditure	6 317 000	4 103 000	6 291 000	7 693 000
Operating Profit	−602 000	−474 000	−1 365 000	−889 000
Financial Income	178 000	163 000	251 000	409 000
Financial Costs	1 000	0	0	5 123 000
Financial Balance	177 000	163 000	251 000	−4 714 000
Earnings Before Tax	−425 000	−311 000	−1 114 000	−5 602 000
Tax	−93 000	−68 000	−245 000	−106 000
Net Income	−332 000	−242 000	−869 000	−5 496 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 449 000	16 499 000	17 495 000	17 968 000
Total Current Assets	3 311 000	3 115 000	2 628 000	5 378 000
Total Assets	18 760 000	19 614 000	20 123 000	23 345 000
Total Retained Equity	14 919 000	15 251 000	15 493 000	16 362 000
Total Equity	15 019 000	15 351 000	15 593 000	16 462 000
Total Long-Term Debt	2 515 000	2 926 000	3 422 000	4 040 000
Total Current Debt	1 226 000	1 337 000	1 108 000	2 843 000
Total Equity and Debt	18 760 000	19 614 000	20 123 000	23 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 658 000	3 552 000	4 877 000	6 598 000
Other Income	56 000	77 000	49 000	207 000
Revenue	5 714 000	3 629 000	4 926 000	6 805 000
Cost of Goods Sold	43 000	15 000	128 000	35 000
Salary Costs	4 613 000	2 681 000	4 648 000	5 765 000
Depreciation	572 000	561 000	571 000	638 000
Impairment	0	0	0	0
Expenditure	6 317 000	4 103 000	6 291 000	7 693 000
Operating Profit	−602 000	−474 000	−1 365 000	−889 000
Financial Income	178 000	163 000	251 000	409 000
Financial Costs	1 000	0	0	5 123 000
Financial Balance	177 000	163 000	251 000	−4 714 000
Dividends	0	0	0	0
Net Income	−332 000	−242 000	−869 000	−5 496 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 150 000	1 150 000	1 150 000	1 150 000
Real Eastate	0	0	0	2 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	113 000	158 000	124 000	167 000
Total Tangible Assets	7 773 000	8 185 000	8 677 000	9 248 000
Total Fiancial Fixed Assets	6 526 000	7 164 000	7 668 000	7 570 000
Total Fixed Assets	15 449 000	16 499 000	17 495 000	17 968 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 989 000	2 614 000	2 511 000	5 306 000
Total Current Assets	3 311 000	3 115 000	2 628 000	5 378 000
Total Assets	18 760 000	19 614 000	20 123 000	23 345 000
Total Equity	15 019 000	15 351 000	15 593 000	16 462 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 515 000	2 926 000	3 422 000	4 040 000
Creditors	252 000	110 000	128 000	439 000
Unpaid Taxes	656 000	494 000	582 000	1 715 000
Dividends	0	0	0	0
Other Current Debt	0	305 000	26 000	55 000
Total Current Debt	1 226 000	1 337 000	1 108 000	2 843 000
Total Equity and Debt	18 760 000	19 614 000	20 123 000	23 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,21 %	−1,58 %	−5,57 %	−33,39 %
Debt-to-Equity Ratio	0,17	0,19	0,22	0,25
Operating Profit Margin	−10,54 %	−13,06 %	−27,71 %	−13,06 %
Current Ratio	2,7	2,33	2,37	1,89
Quick Ratio	2,7	2,33	2,37	1,89
Equity Ratio	0,8	0,78	0,77	0,71
Gross Profit Margin	99,25 %	99,59 %	97,4 %	99,49 %