VARGERVIK AS

4150 RENNESØY

Finances

Return on Equity

−6,22 %

Current Ratio

12,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 000	40 000	44 000	35 000
Net Income	−516 000	2 236 000	585 000	1 248 000
Total Assets	8 709 000	9 239 000	7 387 000	7 811 000
Total Equity	8 296 000	8 812 000	6 976 000	6 791 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 000	40 000	44 000	35 000
Expenditure	59 000	78 000	76 000	52 000
Operating Profit	−15 000	−38 000	−32 000	−16 000
Financial Income	307 000	2 289 000	800 000	1 281 000
Financial Costs	795 000	0	178 000	0
Financial Balance	−488 000	2 289 000	622 000	1 281 000
Earnings Before Tax	−503 000	2 251 000	591 000	1 265 000
Tax	13 000	16 000	6 000	16 000
Net Income	−516 000	2 236 000	585 000	1 248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 373 000	3 390 000	2 592 000	2 751 000
Total Current Assets	5 336 000	5 848 000	4 795 000	5 060 000
Total Assets	8 709 000	9 239 000	7 387 000	7 811 000
Total Retained Equity	7 889 000	8 405 000	6 570 000	6 385 000
Total Equity	8 296 000	8 812 000	6 976 000	6 791 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	414 000	427 000	411 000	1 019 000
Total Equity and Debt	8 709 000	9 239 000	7 387 000	7 811 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 000	40 000	44 000	35 000
Other Income	0	0	0	0
Revenue	44 000	40 000	44 000	35 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	20 000	20 000	20 000
Impairment	0	0	0	0
Expenditure	59 000	78 000	76 000	52 000
Operating Profit	−15 000	−38 000	−32 000	−16 000
Financial Income	307 000	2 289 000	800 000	1 281 000
Financial Costs	795 000	0	178 000	0
Financial Balance	−488 000	2 289 000	622 000	1 281 000
Dividends	0	400 000	400 000	1 000 000
Net Income	−516 000	2 236 000	585 000	1 248 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	7 000	4 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	20 000	40 000
Total Tangible Assets	0	0	20 000	40 000
Total Fiancial Fixed Assets	3 368 000	3 384 000	2 568 000	2 709 000
Total Fixed Assets	3 373 000	3 390 000	2 592 000	2 751 000
Stock	0	0	0	0
Total Investments	4 475 000	5 189 000	4 240 000	3 758 000
Cash, Bank	591 000	387 000	354 000	1 234 000
Total Current Assets	5 336 000	5 848 000	4 795 000	5 060 000
Total Assets	8 709 000	9 239 000	7 387 000	7 811 000
Total Equity	8 296 000	8 812 000	6 976 000	6 791 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	7 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	400 000	400 000	1 000 000
Other Current Debt	402 000	2 000	1 000	1 000
Total Current Debt	414 000	427 000	411 000	1 019 000
Total Equity and Debt	8 709 000	9 239 000	7 387 000	7 811 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,22 %	25,37 %	8,39 %	18,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−34,09 %	−95 %	−72,73 %	−45,71 %
Current Ratio	12,89	13,7	11,67	4,97
Quick Ratio	12,89	13,7	11,67	4,97
Equity Ratio	0,95	0,95	0,94	0,87
Gross Profit Margin	100 %	100 %	100 %	100 %