VARANGER KRAFTMARKED AS

9800 VADSØ

Finances

Share Ownership

Return on Equity

29,64 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	156 680 000	197 913 000	86 864 000	226 406 000
Net Income	7 562 000	9 022 000	12 615 000	11 134 000
Total Assets	89 418 000	89 026 000	76 042 000	69 946 000
Total Equity	25 516 000	22 843 000	33 199 000	33 261 000

Income (NOK)	2022	2021	2020	2019
Revenue	156 680 000	197 913 000	86 864 000	226 406 000
Expenditure	147 706 000	186 603 000	70 914 000	211 853 000
Operating Profit	8 974 000	11 309 000	15 950 000	14 553 000
Financial Income	1 278 000	570 000	452 000	542 000
Financial Costs	555 000	312 000	225 000	819 000
Financial Balance	723 000	258 000	227 000	−277 000
Earnings Before Tax	9 697 000	11 567 000	16 177 000	14 276 000
Tax	2 135 000	2 545 000	3 562 000	3 142 000
Net Income	7 562 000	9 022 000	12 615 000	11 134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	466 000	76 000	409 000	396 000
Total Current Assets	88 953 000	88 951 000	75 633 000	69 550 000
Total Assets	89 418 000	89 026 000	76 042 000	69 946 000
Total Retained Equity	4 127 000	3 953 000	14 309 000	14 371 000
Total Equity	25 516 000	22 843 000	33 199 000	33 261 000
Total Long-Term Debt	0	123 000	1 248 000	1 362 000
Total Current Debt	63 902 000	66 060 000	41 594 000	35 323 000
Total Equity and Debt	89 418 000	89 026 000	76 041 000	69 946 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	154 838 000	195 837 000	84 269 000	222 123 000
Other Income	1 842 000	2 076 000	2 595 000	4 283 000
Revenue	156 680 000	197 913 000	86 864 000	226 406 000
Cost of Goods Sold	137 842 000	176 501 000	61 946 000	202 314 000
Salary Costs	4 761 000	4 628 000	4 592 000	4 978 000
Depreciation	32 000	0	0	0
Impairment	0	0	0	0
Expenditure	147 706 000	186 603 000	70 914 000	211 853 000
Operating Profit	8 974 000	11 309 000	15 950 000	14 553 000
Financial Income	1 278 000	570 000	452 000	542 000
Financial Costs	555 000	312 000	225 000	819 000
Financial Balance	723 000	258 000	227 000	−277 000
Dividends	0	0	0	0
Net Income	7 562 000	9 022 000	12 615 000	11 134 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	76 000	409 000	396 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	254 000	0	0	0
Total Tangible Assets	254 000	0	0	0
Total Fiancial Fixed Assets	186 000	0	0	0
Total Fixed Assets	466 000	76 000	409 000	396 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	293 000	169 000	174 000	193 000
Total Current Assets	88 953 000	88 951 000	75 633 000	69 550 000
Total Assets	89 418 000	89 026 000	76 042 000	69 946 000
Total Equity	25 516 000	22 843 000	33 199 000	33 261 000
Short-Term Group Debt	9 775 000	22 652 000	16 374 000	13 973 000
Total Long-Term Debt	0	123 000	1 248 000	1 362 000
Creditors	1 981 000	11 280 000	16 344 000	511 000
Unpaid Taxes	180 000	167 000	171 000	192 000
Dividends	0	0	0	0
Other Current Debt	51 965 000	31 961 000	8 705 000	19 549 000
Total Current Debt	63 902 000	66 060 000	41 594 000	35 323 000
Total Equity and Debt	89 418 000	89 026 000	76 041 000	69 946 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,64 %	39,5 %	38 %	33,47 %
Debt-to-Equity Ratio	0	0,01	0,04	0,04
Operating Profit Margin	5,73 %	5,71 %	18,36 %	6,43 %
Current Ratio	1,39	1,35	1,82	1,97
Quick Ratio	1,39	1,35	1,82	1,97
Equity Ratio	0,29	0,26	0,44	0,48
Gross Profit Margin	12,02 %	10,82 %	28,69 %	10,64 %