VAR INVEST AS

3262 LARVIK

Finances

Return on Equity

12,01 %

Current Ratio

101,82

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	3 430 000	2 953 000	722 000	2 229 000
Total Assets	32 193 000	29 694 000	30 115 000	30 755 000
Total Equity	28 561 000	25 131 000	23 377 000	30 720 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	452 000	364 000	305 000	444 000
Operating Profit	−452 000	−363 000	−305 000	−445 000
Financial Income	4 375 000	6 846 000	3 090 000	2 704 000
Financial Costs	472 000	3 472 000	2 021 000	0
Financial Balance	3 903 000	3 374 000	1 069 000	2 704 000
Earnings Before Tax	3 451 000	3 010 000	764 000	2 260 000
Tax	20 000	57 000	41 000	31 000
Net Income	3 430 000	2 953 000	722 000	2 229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 222 000	24 487 000	27 818 000	29 185 000
Total Current Assets	3 971 000	5 207 000	2 296 000	1 570 000
Total Assets	32 193 000	29 694 000	30 115 000	30 755 000
Total Retained Equity	28 456 000	25 026 000	23 272 000	23 750 000
Total Equity	28 561 000	25 131 000	23 377 000	30 720 000
Total Long-Term Debt	3 593 000	4 525 000	5 510 000	0
Total Current Debt	39 000	39 000	1 227 000	35 000
Total Equity and Debt	32 193 000	29 694 000	30 115 000	30 755 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	71 000	76 000	70 000	71 000
Depreciation	1 000	0	1 000	4 000
Impairment	0	0	0	0
Expenditure	452 000	364 000	305 000	444 000
Operating Profit	−452 000	−363 000	−305 000	−445 000
Financial Income	4 375 000	6 846 000	3 090 000	2 704 000
Financial Costs	472 000	3 472 000	2 021 000	0
Financial Balance	3 903 000	3 374 000	1 069 000	2 704 000
Dividends	0	0	1 200 000	0
Net Income	3 430 000	2 953 000	722 000	2 229 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	212 000	232 000	289 000	331 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	0	0	1 000
Total Tangible Assets	15 000	0	0	1 000
Total Fiancial Fixed Assets	27 995 000	24 255 000	27 529 000	28 853 000
Total Fixed Assets	28 222 000	24 487 000	27 818 000	29 185 000
Stock	0	0	0	0
Total Investments	3 610 000	2 037 000	1 367 000	1 209 000
Cash, Bank	347 000	2 495 000	914 000	301 000
Total Current Assets	3 971 000	5 207 000	2 296 000	1 570 000
Total Assets	32 193 000	29 694 000	30 115 000	30 755 000
Total Equity	28 561 000	25 131 000	23 377 000	30 720 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 593 000	4 525 000	5 510 000	0
Creditors	3 000	10 000	0	5 000
Unpaid Taxes	16 000	17 000	18 000	22 000
Dividends	0	0	1 200 000	0
Other Current Debt	21 000	12 000	9 000	8 000
Total Current Debt	39 000	39 000	1 227 000	35 000
Total Equity and Debt	32 193 000	29 694 000	30 115 000	30 755 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,01 %	11,75 %	3,09 %	7,26 %
Debt-to-Equity Ratio	0,13	0,18	0,24	0
Operating Profit Margin	-	-	-	-
Current Ratio	101,82	133,51	1,87	44,86
Quick Ratio	101,82	133,51	1,87	44,86
Equity Ratio	0,89	0,85	0,78	1
Gross Profit Margin	-	-	-	-