VARIO SPORT AS

1830 ASKIM

Finances

Return on Equity

5,29 %

Current Ratio

5,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 929 000	33 957 000	27 107 000	13 996 000
Net Income	691 000	4 102 000	2 181 000	777 000
Total Assets	15 754 000	17 080 000	11 778 000	8 040 000
Total Equity	13 058 000	12 367 000	8 265 000	6 084 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 929 000	33 957 000	27 107 000	13 996 000
Expenditure	23 588 000	28 795 000	24 221 000	13 635 000
Operating Profit	340 000	5 161 000	2 887 000	361 000
Financial Income	963 000	640 000	569 000	757 000
Financial Costs	413 000	542 000	804 000	310 000
Financial Balance	550 000	98 000	−235 000	447 000
Earnings Before Tax	890 000	5 259 000	2 653 000	808 000
Tax	199 000	1 157 000	472 000	32 000
Net Income	691 000	4 102 000	2 181 000	777 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	236 000	352 000	397 000	2 012 000
Total Current Assets	15 518 000	16 728 000	11 382 000	6 028 000
Total Assets	15 754 000	17 080 000	11 778 000	8 040 000
Total Retained Equity	11 850 000	11 159 000	7 057 000	4 877 000
Total Equity	13 058 000	12 367 000	8 265 000	6 084 000
Total Long-Term Debt	0	0	0	197 000
Total Current Debt	2 696 000	4 714 000	3 514 000	1 759 000
Total Equity and Debt	15 754 000	17 080 000	11 778 000	8 040 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 929 000	33 957 000	27 107 000	13 996 000
Other Income	0	0	0	0
Revenue	23 929 000	33 957 000	27 107 000	13 996 000
Cost of Goods Sold	16 373 000	21 993 000	18 381 000	9 873 000
Salary Costs	2 616 000	2 630 000	2 135 000	1 333 000
Depreciation	98 000	104 000	96 000	33 000
Impairment	0	0	0	0
Expenditure	23 588 000	28 795 000	24 221 000	13 635 000
Operating Profit	340 000	5 161 000	2 887 000	361 000
Financial Income	963 000	640 000	569 000	757 000
Financial Costs	413 000	542 000	804 000	310 000
Financial Balance	550 000	98 000	−235 000	447 000
Dividends	0	0	0	0
Net Income	691 000	4 102 000	2 181 000	777 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	90 000	135 000	180 000	0
Total Intangible Assets	177 000	240 000	231 000	643 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	62 000	116 000	0
Total Tangible Assets	9 000	62 000	116 000	0
Total Fiancial Fixed Assets	50 000	50 000	50 000	1 369 000
Total Fixed Assets	236 000	352 000	397 000	2 012 000
Stock	11 633 000	9 073 000	5 306 000	4 273 000
Total Investments	0	0	0	0
Cash, Bank	1 036 000	2 365 000	1 305 000	309 000
Total Current Assets	15 518 000	16 728 000	11 382 000	6 028 000
Total Assets	15 754 000	17 080 000	11 778 000	8 040 000
Total Equity	13 058 000	12 367 000	8 265 000	6 084 000
Short-Term Group Debt	0	0	0	350 000
Total Long-Term Debt	0	0	0	197 000
Creditors	941 000	1 940 000	1 767 000	417 000
Unpaid Taxes	556 000	951 000	797 000	165 000
Dividends	0	0	0	0
Other Current Debt	956 000	606 000	850 000	295 000
Total Current Debt	2 696 000	4 714 000	3 514 000	1 759 000
Total Equity and Debt	15 754 000	17 080 000	11 778 000	8 040 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,29 %	33,17 %	26,39 %	12,77 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	1,42 %	15,2 %	10,65 %	2,58 %
Current Ratio	5,76	3,55	3,24	3,43
Quick Ratio	−1,74	−3,84	−6,35	−2,4
Equity Ratio	0,83	0,72	0,7	0,76
Gross Profit Margin	31,58 %	35,23 %	32,19 %	29,46 %