VARANGER KRAFT AS

9800 VADSØ

Finances

Return on Equity

4,3 %

Current Ratio

1,74

Debt-to-Equity Ratio

2,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	702 960 000	711 223 000	516 934 000	724 602 000
Net Income	39 513 000	48 657 000	10 721 000	37 393 000
Total Assets	3 067 962 000	3 025 237 000	2 757 491 000	2 680 970 000
Total Equity	919 920 000	916 683 000	901 753 000	928 472 000

Income (NOK)	2022	2021	2020	2019
Revenue	702 960 000	711 223 000	516 934 000	724 602 000
Expenditure	568 056 000	601 926 000	474 774 000	605 936 000
Operating Profit	134 904 000	109 297 000	42 160 000	118 666 000
Financial Income	8 917 000	15 436 000	5 406 000	7 518 000
Financial Costs	62 153 000	54 102 000	37 309 000	43 750 000
Financial Balance	−53 236 000	−38 666 000	−31 903 000	−36 232 000
Earnings Before Tax	81 668 000	70 631 000	10 257 000	82 434 000
Tax	42 155 000	21 974 000	−464 000	45 041 000
Net Income	39 513 000	48 657 000	10 721 000	37 393 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 660 381 000	2 652 161 000	2 373 985 000	2 135 666 000
Total Current Assets	407 581 000	373 076 000	383 506 000	545 304 000
Total Assets	3 067 962 000	3 025 237 000	2 757 491 000	2 680 970 000
Total Retained Equity	916 664 000	779 214 000	898 553 000	925 272 000
Total Equity	919 920 000	916 683 000	901 753 000	928 472 000
Total Long-Term Debt	1 914 067 000	1 841 872 000	1 676 365 000	1 487 344 000
Total Current Debt	233 975 000	266 683 000	179 372 000	265 155 000
Total Equity and Debt	3 067 962 000	3 025 238 000	2 757 490 000	2 680 971 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	581 207 000	596 703 000	407 805 000	623 221 000
Other Income	121 753 000	114 520 000	109 129 000	101 381 000
Revenue	702 960 000	711 223 000	516 934 000	724 602 000
Cost of Goods Sold	165 689 000	227 475 000	113 805 000	262 719 000
Salary Costs	136 714 000	136 281 000	130 985 000	127 494 000
Depreciation	133 517 000	120 501 000	116 557 000	108 453 000
Impairment	0	0	0	0
Expenditure	568 056 000	601 926 000	474 774 000	605 936 000
Operating Profit	134 904 000	109 297 000	42 160 000	118 666 000
Financial Income	8 917 000	15 436 000	5 406 000	7 518 000
Financial Costs	62 153 000	54 102 000	37 309 000	43 750 000
Financial Balance	−53 236 000	−38 666 000	−31 903 000	−36 232 000
Dividends	15 000 000	37 500 000	40 000 000	50 000 000
Net Income	39 513 000	48 657 000	10 721 000	37 393 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	36 898 000	47 432 000	57 586 000
Real Eastate	2 439 903 000	2 066 631 000	2 141 422 000	1 884 577 000
Machinery and Plant Facilities	107 397 000	502 225 000	138 281 000	145 772 000
Fixtures	67 108 000	0	0	0
Total Tangible Assets	2 614 408 000	2 568 856 000	2 279 703 000	2 030 349 000
Total Fiancial Fixed Assets	45 973 000	46 407 000	46 850 000	47 731 000
Total Fixed Assets	2 660 381 000	2 652 161 000	2 373 985 000	2 135 666 000
Stock	14 226 000	14 905 000	10 420 000	9 358 000
Total Investments	0	0	0	0
Cash, Bank	219 897 000	194 734 000	243 560 000	384 375 000
Total Current Assets	407 581 000	373 076 000	383 506 000	545 304 000
Total Assets	3 067 962 000	3 025 237 000	2 757 491 000	2 680 970 000
Total Equity	919 920 000	916 683 000	901 753 000	928 472 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 914 067 000	1 841 872 000	1 676 365 000	1 487 344 000
Creditors	31 496 000	89 293 000	24 845 000	29 337 000
Unpaid Taxes	2 185 000	13 328 000	23 853 000	24 951 000
Dividends	15 000 000	37 500 000	40 000 000	50 000 000
Other Current Debt	156 987 000	116 809 000	87 868 000	109 412 000
Total Current Debt	233 975 000	266 683 000	179 372 000	265 155 000
Total Equity and Debt	3 067 962 000	3 025 238 000	2 757 490 000	2 680 971 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,3 %	5,31 %	1,19 %	4,03 %
Debt-to-Equity Ratio	2,08	2,01	1,86	1,6
Operating Profit Margin	19,19 %	15,37 %	8,16 %	16,38 %
Current Ratio	1,74	1,4	2,14	2,06
Quick Ratio	1,85	1,48	2,27	2,13
Equity Ratio	0,3	0,3	0,33	0,35
Gross Profit Margin	76,43 %	68,02 %	77,98 %	63,74 %