VARNAVEIEN 43 AS

1526 MOSS

Finances

Share Ownership

Return on Equity

22,85 %

Current Ratio

2,3

Debt-to-Equity Ratio

3,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 350 000	4 143 000	4 066 000	4 123 000
Net Income	1 392 000	1 907 000	1 937 000	2 208 000
Total Assets	29 830 000	30 183 000	28 016 000	28 868 000
Total Equity	6 092 000	6 309 000	6 554 000	6 879 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 350 000	4 143 000	4 066 000	4 123 000
Expenditure	1 963 000	1 180 000	1 164 000	740 000
Operating Profit	2 388 000	2 963 000	2 902 000	3 382 000
Financial Income	0	0	0	1 000
Financial Costs	602 000	518 000	419 000	553 000
Financial Balance	−602 000	−518 000	−419 000	−552 000
Earnings Before Tax	1 785 000	2 445 000	2 483 000	2 830 000
Tax	393 000	538 000	546 000	623 000
Net Income	1 392 000	1 907 000	1 937 000	2 208 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 979 000	24 187 000	24 837 000	25 529 000
Total Current Assets	5 851 000	5 996 000	3 179 000	3 340 000
Total Assets	29 830 000	30 183 000	28 016 000	28 868 000
Total Retained Equity	5 992 000	6 209 000	6 454 000	6 779 000
Total Equity	6 092 000	6 309 000	6 554 000	6 879 000
Total Long-Term Debt	21 193 000	20 901 000	18 352 000	18 560 000
Total Current Debt	2 545 000	2 973 000	3 109 000	3 428 000
Total Equity and Debt	29 830 000	30 183 000	28 016 000	28 868 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 000	15 000	8 000	4 017 000
Other Income	4 334 000	4 128 000	4 058 000	105 000
Revenue	4 350 000	4 143 000	4 066 000	4 123 000
Cost of Goods Sold	16 000	11 000	38 000	87 000
Salary Costs	0	0	0	0
Depreciation	692 000	692 000	692 000	346 000
Impairment	0	0	0	0
Expenditure	1 963 000	1 180 000	1 164 000	740 000
Operating Profit	2 388 000	2 963 000	2 902 000	3 382 000
Financial Income	0	0	0	1 000
Financial Costs	602 000	518 000	419 000	553 000
Financial Balance	−602 000	−518 000	−419 000	−552 000
Dividends	0	0	0	0
Net Income	1 392 000	1 907 000	1 937 000	2 208 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	23 979 000	24 187 000	24 837 000	25 529 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	23 979 000	24 187 000	24 837 000	25 529 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 979 000	24 187 000	24 837 000	25 529 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 842 000	5 950 000	3 160 000	3 077 000
Total Current Assets	5 851 000	5 996 000	3 179 000	3 340 000
Total Assets	29 830 000	30 183 000	28 016 000	28 868 000
Total Equity	6 092 000	6 309 000	6 554 000	6 879 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 193 000	20 901 000	18 352 000	18 560 000
Creditors	406 000	46 000	44 000	75 000
Unpaid Taxes	49 000	167 000	166 000	160 000
Dividends	0	0	0	0
Other Current Debt	2 081 000	2 760 000	2 900 000	2 559 000
Total Current Debt	2 545 000	2 973 000	3 109 000	3 428 000
Total Equity and Debt	29 830 000	30 183 000	28 016 000	28 868 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,85 %	30,23 %	29,55 %	32,1 %
Debt-to-Equity Ratio	3,48	3,31	2,8	2,7
Operating Profit Margin	54,9 %	71,52 %	71,37 %	82,03 %
Current Ratio	2,3	2,02	1,02	0,97
Quick Ratio	2,3	2,02	1,02	0,97
Equity Ratio	0,2	0,21	0,23	0,24
Gross Profit Margin	99,63 %	99,73 %	99,07 %	97,89 %