VÅRVEIEN 22 AS

3044 DRAMMEN

Finances

Share Ownership

Return on Equity

5,78 %

Current Ratio

28,09

Debt-to-Equity Ratio

2,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 606 000	1 387 000	1 558 000	1 541 000
Net Income	306 000	193 000	382 000	322 000
Total Assets	17 330 000	18 395 000	18 616 000	18 716 000
Total Equity	5 290 000	4 984 000	4 790 000	4 408 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 606 000	1 387 000	1 558 000	1 541 000
Expenditure	714 000	648 000	601 000	546 000
Operating Profit	892 000	740 000	958 000	995 000
Financial Income	3 000	2 000	0	1 000
Financial Costs	503 000	494 000	468 000	584 000
Financial Balance	−500 000	−492 000	−468 000	−583 000
Earnings Before Tax	392 000	248 000	490 000	413 000
Tax	86 000	55 000	108 000	91 000
Net Income	306 000	193 000	382 000	322 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 970 000	10 164 000	10 314 000	10 493 000
Total Current Assets	7 360 000	8 230 000	8 302 000	8 222 000
Total Assets	17 330 000	18 395 000	18 616 000	18 716 000
Total Retained Equity	3 050 000	2 744 000	2 551 000	2 169 000
Total Equity	5 290 000	4 984 000	4 790 000	4 408 000
Total Long-Term Debt	11 778 000	13 099 000	13 658 000	14 144 000
Total Current Debt	262 000	312 000	167 000	163 000
Total Equity and Debt	17 330 000	18 395 000	18 616 000	18 716 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 026 000	970 000	892 000	603 000
Other Income	581 000	418 000	666 000	938 000
Revenue	1 606 000	1 387 000	1 558 000	1 541 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	194 000	193 000	180 000	180 000
Impairment	0	0	0	0
Expenditure	714 000	648 000	601 000	546 000
Operating Profit	892 000	740 000	958 000	995 000
Financial Income	3 000	2 000	0	1 000
Financial Costs	503 000	494 000	468 000	584 000
Financial Balance	−500 000	−492 000	−468 000	−583 000
Dividends	0	0	0	0
Net Income	306 000	193 000	382 000	322 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 955 000	10 134 000	10 314 000	10 493 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	30 000	0	0
Total Tangible Assets	9 970 000	10 164 000	10 314 000	10 493 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 970 000	10 164 000	10 314 000	10 493 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	32 000	21 000	2 000
Total Current Assets	7 360 000	8 230 000	8 302 000	8 222 000
Total Assets	17 330 000	18 395 000	18 616 000	18 716 000
Total Equity	5 290 000	4 984 000	4 790 000	4 408 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 778 000	13 099 000	13 658 000	14 144 000
Creditors	76 000	85 000	9 000	78 000
Unpaid Taxes	3 000	15 000	23 000	7 000
Dividends	0	0	0	0
Other Current Debt	85 000	148 000	18 000	9 000
Total Current Debt	262 000	312 000	167 000	163 000
Total Equity and Debt	17 330 000	18 395 000	18 616 000	18 716 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,78 %	3,87 %	7,97 %	7,3 %
Debt-to-Equity Ratio	2,23	2,63	2,85	3,21
Operating Profit Margin	55,54 %	53,35 %	61,49 %	64,57 %
Current Ratio	28,09	26,38	49,71	50,44
Quick Ratio	28,09	26,38	49,71	50,44
Equity Ratio	0,31	0,27	0,26	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %