STIFTELSEN VARMESTUENS VENNER

4012 STAVANGER

Finances

Share Ownership

Return on Equity

1,29 %

Current Ratio

4,31

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 884 000	4 356 000	4 174 000	4 500 000
Net Income	93 000	671 000	−522 000	854 000
Total Assets	10 093 000	9 868 000	9 523 000	9 428 000
Total Equity	7 193 000	7 101 000	6 429 000	6 952 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 884 000	4 356 000	4 174 000	4 500 000
Expenditure	4 701 000	3 619 000	4 612 000	3 545 000
Operating Profit	183 000	737 000	−438 000	955 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	92 000	65 000	85 000	102 000
Financial Balance	−89 000	−65 000	−84 000	−101 000
Earnings Before Tax	93 000	671 000	−522 000	854 000
Tax	0	0	0	0
Net Income	93 000	671 000	−522 000	854 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 364 000	7 839 000	7 557 000	7 622 000
Total Current Assets	2 728 000	2 030 000	1 967 000	1 806 000
Total Assets	10 093 000	9 868 000	9 523 000	9 428 000
Total Retained Equity	6 943 000	6 851 000	6 179 000	6 702 000
Total Equity	7 193 000	7 101 000	6 429 000	6 952 000
Total Long-Term Debt	2 266 000	2 374 000	2 217 000	2 326 000
Total Current Debt	633 000	393 000	878 000	151 000
Total Equity and Debt	10 093 000	9 868 000	9 523 000	9 428 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	547 000	2 509 000	3 366 000	3 663 000
Other Income	4 337 000	1 846 000	808 000	837 000
Revenue	4 884 000	4 356 000	4 174 000	4 500 000
Cost of Goods Sold	677 000	203 000	1 749 000	1 465 000
Salary Costs	1 152 000	602 000	907 000	618 000
Depreciation	533 000	433 000	307 000	303 000
Impairment	0	0	0	0
Expenditure	4 701 000	3 619 000	4 612 000	3 545 000
Operating Profit	183 000	737 000	−438 000	955 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	92 000	65 000	85 000	102 000
Financial Balance	−89 000	−65 000	−84 000	−101 000
Dividends	0	0	0	0
Net Income	93 000	671 000	−522 000	854 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 719 000	7 126 000	7 533 000	7 584 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	646 000	713 000	0	0
Total Tangible Assets	7 364 000	7 839 000	7 533 000	7 584 000
Total Fiancial Fixed Assets	0	0	24 000	37 000
Total Fixed Assets	7 364 000	7 839 000	7 557 000	7 622 000
Stock	0	0	0	0
Total Investments	8 000	8 000	8 000	8 000
Cash, Bank	2 074 000	1 558 000	1 325 000	1 238 000
Total Current Assets	2 728 000	2 030 000	1 967 000	1 806 000
Total Assets	10 093 000	9 868 000	9 523 000	9 428 000
Total Equity	7 193 000	7 101 000	6 429 000	6 952 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 266 000	2 374 000	2 217 000	2 326 000
Creditors	320 000	98 000	745 000	49 000
Unpaid Taxes	89 000	52 000	57 000	45 000
Dividends	0	0	0	0
Other Current Debt	224 000	243 000	75 000	57 000
Total Current Debt	633 000	393 000	878 000	151 000
Total Equity and Debt	10 093 000	9 868 000	9 523 000	9 428 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,29 %	9,45 %	−8,12 %	12,28 %
Debt-to-Equity Ratio	0,32	0,33	0,34	0,33
Operating Profit Margin	3,75 %	16,92 %	−10,49 %	21,22 %
Current Ratio	4,31	5,17	2,24	11,96
Quick Ratio	4,31	5,17	2,24	11,96
Equity Ratio	0,71	0,72	0,68	0,74
Gross Profit Margin	86,14 %	95,34 %	58,1 %	67,44 %