VÆRNES EIENDOM AS

0191 OSLO

Finances

Share Ownership

Return on Equity

6,97 %

Current Ratio

0,2

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 644 000	11 073 000	11 123 000	17 251 000
Net Income	7 850 000	2 413 000	2 399 000	6 436 000
Total Assets	140 762 000	147 366 000	154 712 000	161 995 000
Total Equity	112 610 000	113 842 000	114 825 000	115 545 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 644 000	11 073 000	11 123 000	17 251 000
Expenditure	7 344 000	7 481 000	7 107 000	7 393 000
Operating Profit	10 300 000	3 592 000	4 016 000	9 859 000
Financial Income	46 000	31 000	41 000	50 000
Financial Costs	282 000	529 000	978 000	1 659 000
Financial Balance	−236 000	−498 000	−937 000	−1 609 000
Earnings Before Tax	10 064 000	3 094 000	3 079 000	8 250 000
Tax	2 214 000	681 000	681 000	1 815 000
Net Income	7 850 000	2 413 000	2 399 000	6 436 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	137 745 000	144 042 000	150 326 000	156 748 000
Total Current Assets	3 017 000	3 323 000	4 386 000	5 247 000
Total Assets	140 762 000	147 366 000	154 712 000	161 995 000
Total Retained Equity	−11 594 000	−10 362 000	−9 379 000	−8 659 000
Total Equity	112 610 000	113 842 000	114 825 000	115 545 000
Total Long-Term Debt	13 001 000	23 348 000	33 625 000	43 825 000
Total Current Debt	15 151 000	10 175 000	6 262 000	2 626 000
Total Equity and Debt	140 762 000	147 366 000	154 712 000	161 995 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	17 644 000	11 073 000	11 123 000	17 251 000
Revenue	17 644 000	11 073 000	11 123 000	17 251 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	6 422 000	6 422 000	6 422 000	6 649 000
Impairment	0	0	0	0
Expenditure	7 344 000	7 481 000	7 107 000	7 393 000
Operating Profit	10 300 000	3 592 000	4 016 000	9 859 000
Financial Income	46 000	31 000	41 000	50 000
Financial Costs	282 000	529 000	978 000	1 659 000
Financial Balance	−236 000	−498 000	−937 000	−1 609 000
Dividends	0	0	0	0
Net Income	7 850 000	2 413 000	2 399 000	6 436 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	127 718 000	132 512 000	137 292 000	142 210 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 026 000	11 530 000	13 034 000	14 538 000
Total Tangible Assets	137 745 000	144 042 000	150 326 000	156 748 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	137 745 000	144 042 000	150 326 000	156 748 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	3 017 000	3 323 000	4 386 000	5 247 000
Total Assets	140 762 000	147 366 000	154 712 000	161 995 000
Total Equity	112 610 000	113 842 000	114 825 000	115 545 000
Short-Term Group Debt	21 000	4 061 000	102 000	293 000
Total Long-Term Debt	13 001 000	23 348 000	33 625 000	43 825 000
Creditors	112 000	442 000	0	163 000
Unpaid Taxes	430 000	353 000	444 000	193 000
Dividends	0	0	0	0
Other Current Debt	14 589 000	5 319 000	5 715 000	0
Total Current Debt	15 151 000	10 175 000	6 262 000	2 626 000
Total Equity and Debt	140 762 000	147 366 000	154 712 000	161 995 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,97 %	2,12 %	2,09 %	5,57 %
Debt-to-Equity Ratio	0,12	0,21	0,29	0,38
Operating Profit Margin	58,38 %	32,44 %	36,11 %	57,15 %
Current Ratio	0,2	0,33	0,7	2
Quick Ratio	0,2	0,33	0,7	2
Equity Ratio	0,8	0,77	0,74	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %