VARNAVEIEN MINERALVANN AS

1526 MOSS

Finances

Return on Equity

10,92 %

Current Ratio

4,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 182 000	18 335 000	16 147 000	11 760 000
Net Income	933 000	1 481 000	1 231 000	672 000
Total Assets	10 561 000	10 825 000	9 377 000	7 648 000
Total Equity	8 544 000	7 611 000	7 129 000	6 198 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 182 000	18 335 000	16 147 000	11 760 000
Expenditure	19 021 000	16 452 000	14 589 000	10 939 000
Operating Profit	1 161 000	1 883 000	1 557 000	821 000
Financial Income	35 000	8 000	17 000	35 000
Financial Costs	0	−6 000	−3 000	−5 000
Financial Balance	35 000	14 000	20 000	40 000
Earnings Before Tax	1 196 000	1 897 000	1 577 000	860 000
Tax	263 000	416 000	346 000	188 000
Net Income	933 000	1 481 000	1 231 000	672 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	705 000	803 000	903 000	301 000
Total Current Assets	9 856 000	10 022 000	8 474 000	7 347 000
Total Assets	10 561 000	10 825 000	9 377 000	7 648 000
Total Retained Equity	8 444 000	7 511 000	7 029 000	6 098 000
Total Equity	8 544 000	7 611 000	7 129 000	6 198 000
Total Long-Term Debt	0	6 000	8 000	1 000
Total Current Debt	2 017 000	3 208 000	2 240 000	1 449 000
Total Equity and Debt	10 561 000	10 825 000	9 377 000	7 648 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 182 000	18 335 000	16 147 000	11 760 000
Other Income	0	0	0	0
Revenue	20 182 000	18 335 000	16 147 000	11 760 000
Cost of Goods Sold	15 180 000	13 105 000	11 349 000	8 190 000
Salary Costs	2 749 000	2 318 000	2 254 000	1 852 000
Depreciation	100 000	100 000	95 000	68 000
Impairment	0	0	0	0
Expenditure	19 021 000	16 452 000	14 589 000	10 939 000
Operating Profit	1 161 000	1 883 000	1 557 000	821 000
Financial Income	35 000	8 000	17 000	35 000
Financial Costs	0	−6 000	−3 000	−5 000
Financial Balance	35 000	14 000	20 000	40 000
Dividends	0	1 000 000	300 000	200 000
Net Income	933 000	1 481 000	1 231 000	672 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	20 000	20 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	284 000	383 000	483 000	301 000
Total Tangible Assets	284 000	383 000	483 000	301 000
Total Fiancial Fixed Assets	400 000	400 000	400 000	0
Total Fixed Assets	705 000	803 000	903 000	301 000
Stock	1 538 000	2 353 000	1 370 000	1 289 000
Total Investments	1 000	47 000	40 000	71 000
Cash, Bank	6 950 000	6 845 000	6 484 000	5 246 000
Total Current Assets	9 856 000	10 022 000	8 474 000	7 347 000
Total Assets	10 561 000	10 825 000	9 377 000	7 648 000
Total Equity	8 544 000	7 611 000	7 129 000	6 198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	6 000	8 000	1 000
Creditors	667 000	649 000	493 000	324 000
Unpaid Taxes	515 000	484 000	507 000	365 000
Dividends	0	1 000 000	300 000	200 000
Other Current Debt	564 000	657 000	601 000	371 000
Total Current Debt	2 017 000	3 208 000	2 240 000	1 449 000
Total Equity and Debt	10 561 000	10 825 000	9 377 000	7 648 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,92 %	19,46 %	17,27 %	10,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,75 %	10,27 %	9,64 %	6,98 %
Current Ratio	4,89	3,12	3,78	5,07
Quick Ratio	20,58	11,72	9,74	45,92
Equity Ratio	0,81	0,7	0,76	0,81
Gross Profit Margin	24,78 %	28,52 %	29,71 %	30,36 %