VARDEN FORVALTNING AS

2850 LENA

Finances

Share Ownership

Return on Equity

35,62 %

Current Ratio

4,26

Debt-to-Equity Ratio

23,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	725 000	863 000	947 000	935 000
Net Income	52 000	109 000	270 000	301 000
Total Assets	3 923 000	3 830 000	3 782 000	3 596 000
Total Equity	146 000	94 000	−15 000	−285 000

Income (NOK)	2022	2021	2020	2019
Revenue	725 000	863 000	947 000	935 000
Expenditure	512 000	618 000	455 000	385 000
Operating Profit	213 000	244 000	492 000	550 000
Financial Income	2 000	1 000	1 000	2 000
Financial Costs	148 000	106 000	147 000	166 000
Financial Balance	−146 000	−105 000	−146 000	−164 000
Earnings Before Tax	67 000	139 000	346 000	386 000
Tax	15 000	31 000	76 000	85 000
Net Income	52 000	109 000	270 000	301 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 748 000	2 851 000	2 946 000	3 105 000
Total Current Assets	1 175 000	979 000	836 000	491 000
Total Assets	3 923 000	3 830 000	3 782 000	3 596 000
Total Retained Equity	46 000	−6 000	−115 000	−385 000
Total Equity	146 000	94 000	−15 000	−285 000
Total Long-Term Debt	3 500 000	3 500 000	3 500 000	3 500 000
Total Current Debt	276 000	236 000	297 000	381 000
Total Equity and Debt	3 923 000	3 830 000	3 782 000	3 596 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	725 000	863 000	947 000	935 000
Revenue	725 000	863 000	947 000	935 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	1 000
Depreciation	127 000	127 000	127 000	128 000
Impairment	0	0	0	0
Expenditure	512 000	618 000	455 000	385 000
Operating Profit	213 000	244 000	492 000	550 000
Financial Income	2 000	1 000	1 000	2 000
Financial Costs	148 000	106 000	147 000	166 000
Financial Balance	−146 000	−105 000	−146 000	−164 000
Dividends	0	0	0	0
Net Income	52 000	109 000	270 000	301 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	474 000	447 000	416 000	386 000
Real Eastate	2 120 000	2 248 000	2 375 000	2 502 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 120 000	2 248 000	2 375 000	2 502 000
Total Fiancial Fixed Assets	154 000	156 000	155 000	217 000
Total Fixed Assets	2 748 000	2 851 000	2 946 000	3 105 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 154 000	947 000	796 000	449 000
Total Current Assets	1 175 000	979 000	836 000	491 000
Total Assets	3 923 000	3 830 000	3 782 000	3 596 000
Total Equity	146 000	94 000	−15 000	−285 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 500 000	3 500 000	3 500 000	3 500 000
Creditors	49 000	3 000	0	0
Unpaid Taxes	20 000	16 000	37 000	84 000
Dividends	0	0	0	0
Other Current Debt	166 000	156 000	155 000	196 000
Total Current Debt	276 000	236 000	297 000	381 000
Total Equity and Debt	3 923 000	3 830 000	3 782 000	3 596 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,62 %	115,96 %	−1 800 %	−105,61 %
Debt-to-Equity Ratio	23,97	37,23	−233,33	−12,28
Operating Profit Margin	29,38 %	28,27 %	51,95 %	58,82 %
Current Ratio	4,26	4,15	2,81	1,29
Quick Ratio	4,26	4,15	2,81	1,29
Equity Ratio	0,04	0,02	−0	−0,08
Gross Profit Margin	100 %	100 %	100 %	100 %