VARANGER KRAFTFIBER AS

9800 VADSØ

Finances

Share Ownership

Return on Equity

21,22 %

Current Ratio

0,79

Debt-to-Equity Ratio

1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	63 177 000	61 216 000	51 410 000	41 752 000
Net Income	11 581 000	12 597 000	4 976 000	2 918 000
Total Assets	149 330 000	132 778 000	114 481 000	87 925 000
Total Equity	54 581 000	51 962 000	51 836 000	55 046 000

Income (NOK)	2022	2021	2020	2019
Revenue	63 177 000	61 216 000	51 410 000	41 752 000
Expenditure	47 503 000	44 711 000	44 932 000	38 098 000
Operating Profit	15 674 000	16 505 000	6 478 000	3 654 000
Financial Income	38 000	58 000	13 000	117 000
Financial Costs	851 000	413 000	110 000	23 000
Financial Balance	−813 000	−355 000	−97 000	94 000
Earnings Before Tax	14 862 000	16 149 000	6 381 000	3 748 000
Tax	3 281 000	3 553 000	1 405 000	830 000
Net Income	11 581 000	12 597 000	4 976 000	2 918 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 997 000	114 686 000	86 979 000	71 670 000
Total Current Assets	23 332 000	18 092 000	27 502 000	16 255 000
Total Assets	149 330 000	132 778 000	114 481 000	87 925 000
Total Retained Equity	1 752 000	3 839 000	3 714 000	6 924 000
Total Equity	54 581 000	51 962 000	51 836 000	55 046 000
Total Long-Term Debt	65 281 000	41 650 000	44 500 000	21 896 000
Total Current Debt	29 468 000	39 166 000	18 143 000	10 981 000
Total Equity and Debt	149 330 000	132 778 000	114 479 000	87 923 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 731 000	52 858 000	46 610 000	39 124 000
Other Income	7 446 000	8 358 000	4 800 000	2 628 000
Revenue	63 177 000	61 216 000	51 410 000	41 752 000
Cost of Goods Sold	1 878 000	0	0	0
Salary Costs	16 986 000	16 526 000	13 937 000	10 683 000
Depreciation	12 403 000	10 308 000	8 728 000	7 847 000
Impairment	0	−375 000	0	0
Expenditure	47 503 000	44 711 000	44 932 000	38 098 000
Operating Profit	15 674 000	16 505 000	6 478 000	3 654 000
Financial Income	38 000	58 000	13 000	117 000
Financial Costs	851 000	413 000	110 000	23 000
Financial Balance	−813 000	−355 000	−97 000	94 000
Dividends	0	0	0	0
Net Income	11 581 000	12 597 000	4 976 000	2 918 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 730 000	445 000	0	0
Real Eastate	77 968 000	71 644 000	49 193 000	30 923 000
Machinery and Plant Facilities	44 036 000	40 863 000	37 567 000	40 747 000
Fixtures	2 263 000	1 733 000	0	0
Total Tangible Assets	124 267 000	114 240 000	86 760 000	71 670 000
Total Fiancial Fixed Assets	0	0	219 000	0
Total Fixed Assets	125 997 000	114 686 000	86 979 000	71 670 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	623 000	603 000	584 000	442 000
Total Current Assets	23 332 000	18 092 000	27 502 000	16 255 000
Total Assets	149 330 000	132 778 000	114 481 000	87 925 000
Total Equity	54 581 000	51 962 000	51 836 000	55 046 000
Short-Term Group Debt	19 013 000	31 834 000	8 953 000	2 681 000
Total Long-Term Debt	65 281 000	41 650 000	44 500 000	21 896 000
Creditors	7 083 000	3 513 000	3 745 000	4 984 000
Unpaid Taxes	1 447 000	2 176 000	4 018 000	1 169 000
Dividends	0	0	0	0
Other Current Debt	1 924 000	1 643 000	1 427 000	1 037 000
Total Current Debt	29 468 000	39 166 000	18 143 000	10 981 000
Total Equity and Debt	149 330 000	132 778 000	114 479 000	87 923 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,22 %	24,24 %	9,6 %	5,3 %
Debt-to-Equity Ratio	1,2	0,8	0,86	0,4
Operating Profit Margin	24,81 %	26,96 %	12,6 %	8,75 %
Current Ratio	0,79	0,46	1,52	1,48
Quick Ratio	0,79	0,46	1,52	1,48
Equity Ratio	0,37	0,39	0,45	0,63
Gross Profit Margin	97,03 %	100 %	100 %	100 %