VARANGER BILBERGNING AS

9840 VARANGERBOTN

Finances

Share Ownership

Return on Equity

−2,85 %

Current Ratio

0,83

Debt-to-Equity Ratio

−0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 660 000	4 800 000	4 105 000	4 738 000
Net Income	32 000	−119 000	59 000	−903 000
Total Assets	1 026 000	731 000	892 000	1 402 000
Total Equity	−1 123 000	−1 155 000	−1 289 000	−1 348 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 660 000	4 800 000	4 105 000	4 738 000
Expenditure	3 615 000	4 841 000	3 961 000	5 431 000
Operating Profit	45 000	−41 000	144 000	−693 000
Financial Income	0	0	0	1 000
Financial Costs	13 000	78 000	86 000	212 000
Financial Balance	−13 000	−78 000	−86 000	−211 000
Earnings Before Tax	32 000	−119 000	59 000	−903 000
Tax	0	0	0	0
Net Income	32 000	−119 000	59 000	−903 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 000	36 000	90 000	203 000
Total Current Assets	954 000	695 000	802 000	1 199 000
Total Assets	1 026 000	731 000	892 000	1 402 000
Total Retained Equity	−1 253 000	−1 285 000	−1 419 000	−1 478 000
Total Equity	−1 123 000	−1 155 000	−1 289 000	−1 348 000
Total Long-Term Debt	1 006 000	992 000	213 000	597 000
Total Current Debt	1 143 000	895 000	1 968 000	2 153 000
Total Equity and Debt	1 026 000	731 000	892 000	1 402 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 642 000	3 726 000	4 105 000	4 600 000
Other Income	18 000	1 074 000	0	138 000
Revenue	3 660 000	4 800 000	4 105 000	4 738 000
Cost of Goods Sold	2 000	34 000	15 000	21 000
Salary Costs	1 409 000	1 607 000	1 171 000	1 428 000
Depreciation	29 000	54 000	112 000	266 000
Impairment	0	0	0	0
Expenditure	3 615 000	4 841 000	3 961 000	5 431 000
Operating Profit	45 000	−41 000	144 000	−693 000
Financial Income	0	0	0	1 000
Financial Costs	13 000	78 000	86 000	212 000
Financial Balance	−13 000	−78 000	−86 000	−211 000
Dividends	0	0	0	0
Net Income	32 000	−119 000	59 000	−903 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	3 000	10 000	17 000
Fixtures	26 000	34 000	80 000	186 000
Total Tangible Assets	26 000	36 000	90 000	203 000
Total Fiancial Fixed Assets	46 000	0	0	0
Total Fixed Assets	72 000	36 000	90 000	203 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	171 000	179 000	172 000	161 000
Total Current Assets	954 000	695 000	802 000	1 199 000
Total Assets	1 026 000	731 000	892 000	1 402 000
Total Equity	−1 123 000	−1 155 000	−1 289 000	−1 348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 006 000	992 000	213 000	597 000
Creditors	637 000	501 000	909 000	1 332 000
Unpaid Taxes	208 000	224 000	420 000	233 000
Dividends	0	0	0	0
Other Current Debt	298 000	170 000	639 000	588 000
Total Current Debt	1 143 000	895 000	1 968 000	2 153 000
Total Equity and Debt	1 026 000	731 000	892 000	1 402 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,85 %	10,3 %	−4,58 %	66,99 %
Debt-to-Equity Ratio	−0,9	−0,86	−0,17	−0,44
Operating Profit Margin	1,23 %	−0,85 %	3,51 %	−14,63 %
Current Ratio	0,83	0,78	0,41	0,56
Quick Ratio	0,83	0,78	0,41	0,56
Equity Ratio	−1,09	−1,58	−1,45	−0,96
Gross Profit Margin	99,95 %	99,29 %	99,63 %	99,56 %