VARGEN INVEST AS

0860 OSLO

Finances

Share Ownership

Return on Equity

−13,77 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 000	44 000	42 000	42 000
Net Income	−5 253 000	5 399 000	6 992 000	9 720 000
Total Assets	42 915 000	59 929 000	61 013 000	79 171 000
Total Equity	38 148 000	55 101 000	53 701 000	66 709 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 000	44 000	42 000	42 000
Expenditure	200 000	1 354 000	1 724 000	862 000
Operating Profit	−161 000	−1 310 000	−1 682 000	−820 000
Financial Income	4 412 000	15 503 000	22 681 000	11 096 000
Financial Costs	9 843 000	8 455 000	14 007 000	555 000
Financial Balance	−5 431 000	7 048 000	8 674 000	10 541 000
Earnings Before Tax	−5 591 000	5 738 000	6 992 000	9 720 000
Tax	−338 000	338 000	0	0
Net Income	−5 253 000	5 399 000	6 992 000	9 720 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 560 000	4 252 000	4 270 000	4 305 000
Total Current Assets	33 355 000	55 676 000	56 742 000	74 866 000
Total Assets	42 915 000	59 929 000	61 013 000	79 171 000
Total Retained Equity	23 512 000	40 465 000	39 066 000	52 074 000
Total Equity	38 148 000	55 101 000	53 701 000	66 709 000
Total Long-Term Debt	0	338 000	6 664 000	6 339 000
Total Current Debt	4 768 000	4 490 000	647 000	6 122 000
Total Equity and Debt	42 915 000	59 929 000	61 013 000	79 171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	39 000	44 000	42 000	42 000
Revenue	39 000	44 000	42 000	42 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	38 000	37 000	34 000	34 000
Impairment	0	0	0	0
Expenditure	200 000	1 354 000	1 724 000	862 000
Operating Profit	−161 000	−1 310 000	−1 682 000	−820 000
Financial Income	4 412 000	15 503 000	22 681 000	11 096 000
Financial Costs	9 843 000	8 455 000	14 007 000	555 000
Financial Balance	−5 431 000	7 048 000	8 674 000	10 541 000
Dividends	4 700 000	0	0	6 000 000
Net Income	−5 253 000	5 399 000	6 992 000	9 720 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 091 000	4 091 000	4 091 000	4 091 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	124 000	161 000	180 000	214 000
Total Tangible Assets	4 214 000	4 252 000	4 270 000	4 305 000
Total Fiancial Fixed Assets	5 345 000	0	0	0
Total Fixed Assets	9 560 000	4 252 000	4 270 000	4 305 000
Stock	0	0	0	0
Total Investments	32 973 000	55 047 000	55 910 000	73 815 000
Cash, Bank	383 000	629 000	832 000	792 000
Total Current Assets	33 355 000	55 676 000	56 742 000	74 866 000
Total Assets	42 915 000	59 929 000	61 013 000	79 171 000
Total Equity	38 148 000	55 101 000	53 701 000	66 709 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	338 000	6 664 000	6 339 000
Creditors	7 000	2 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	4 700 000	0	0	6 000 000
Other Current Debt	61 000	4 488 000	647 000	122 000
Total Current Debt	4 768 000	4 490 000	647 000	6 122 000
Total Equity and Debt	42 915 000	59 929 000	61 013 000	79 171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,77 %	9,8 %	13,02 %	14,57 %
Debt-to-Equity Ratio	0	0,01	0,12	0,1
Operating Profit Margin	−412,82 %	−2 977,27 %	−4 004,76 %	−1 952,38 %
Current Ratio	7	12,4	87,7	12,23
Quick Ratio	7	12,4	87,7	12,23
Equity Ratio	0,89	0,92	0,88	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %