VARDEN EIENDOM AS

5141 FYLLINGSDALEN

Finances

Share Ownership

Return on Equity

50,67 %

Current Ratio

2,24

Debt-to-Equity Ratio

2,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 039 000	1 945 000	1 812 000	1 791 000
Net Income	568 000	813 000	708 000	614 000
Total Assets	3 883 000	4 151 000	3 991 000	3 932 000
Total Equity	1 121 000	1 402 000	589 000	531 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 039 000	1 945 000	1 812 000	1 791 000
Expenditure	1 198 000	831 000	803 000	903 000
Operating Profit	842 000	1 114 000	1 009 000	888 000
Financial Income	0	0	0	0
Financial Costs	114 000	71 000	101 000	101 000
Financial Balance	−114 000	−71 000	−101 000	−101 000
Earnings Before Tax	729 000	1 043 000	908 000	788 000
Tax	160 000	229 000	200 000	173 000
Net Income	568 000	813 000	708 000	614 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 282 000	3 373 000	3 469 000	3 485 000
Total Current Assets	601 000	777 000	522 000	448 000
Total Assets	3 883 000	4 151 000	3 991 000	3 932 000
Total Retained Equity	621 000	902 000	89 000	31 000
Total Equity	1 121 000	1 402 000	589 000	531 000
Total Long-Term Debt	2 495 000	2 495 000	2 495 000	2 495 000
Total Current Debt	268 000	253 000	907 000	906 000
Total Equity and Debt	3 883 000	4 151 000	3 991 000	3 932 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 039 000	1 945 000	1 812 000	1 791 000
Revenue	2 039 000	1 945 000	1 812 000	1 791 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	17 000	34 000
Depreciation	100 000	100 000	98 000	102 000
Impairment	0	0	0	0
Expenditure	1 198 000	831 000	803 000	903 000
Operating Profit	842 000	1 114 000	1 009 000	888 000
Financial Income	0	0	0	0
Financial Costs	114 000	71 000	101 000	101 000
Financial Balance	−114 000	−71 000	−101 000	−101 000
Dividends	850 000	0	650 000	650 000
Net Income	568 000	813 000	708 000	614 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	93 000	85 000	80 000	75 000
Real Eastate	3 147 000	3 234 000	3 321 000	3 325 000
Machinery and Plant Facilities	42 000	55 000	68 000	85 000
Fixtures	0	0	0	0
Total Tangible Assets	3 189 000	3 289 000	3 388 000	3 410 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 282 000	3 373 000	3 469 000	3 485 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	596 000	777 000	520 000	446 000
Total Current Assets	601 000	777 000	522 000	448 000
Total Assets	3 883 000	4 151 000	3 991 000	3 932 000
Total Equity	1 121 000	1 402 000	589 000	531 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 495 000	2 495 000	2 495 000	2 495 000
Creditors	29 000	2 000	26 000	14 000
Unpaid Taxes	0	0	0	19 000
Dividends	850 000	0	650 000	650 000
Other Current Debt	70 000	17 000	676 000	694 000
Total Current Debt	268 000	253 000	907 000	906 000
Total Equity and Debt	3 883 000	4 151 000	3 991 000	3 932 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,67 %	57,99 %	120,2 %	115,63 %
Debt-to-Equity Ratio	2,23	1,78	4,24	4,7
Operating Profit Margin	41,29 %	57,28 %	55,68 %	49,58 %
Current Ratio	2,24	3,07	0,58	0,49
Quick Ratio	2,24	3,07	0,58	0,49
Equity Ratio	0,29	0,34	0,15	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %