VÆRNES HOLDING AS

7045 TRONDHEIM

Finances

Share Ownership

Return on Equity

0,3 %

Current Ratio

0,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	94 000	66 000	16 000	37 000
Net Income	4 000	−51 000	−80 000	−36 000
Total Assets	1 425 000	1 456 000	1 483 000	1 511 000
Total Equity	1 337 000	1 333 000	1 383 000	1 464 000

Income (NOK)	2022	2021	2020	2019
Revenue	94 000	66 000	16 000	37 000
Expenditure	90 000	116 000	96 000	73 000
Operating Profit	4 000	−50 000	−80 000	−36 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	4 000	−51 000	−80 000	−36 000
Tax	0	0	0	0
Net Income	4 000	−51 000	−80 000	−36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 420 000	1 450 000	1 480 000	1 510 000
Total Current Assets	5 000	6 000	3 000	1 000
Total Assets	1 425 000	1 456 000	1 483 000	1 511 000
Total Retained Equity	1 307 000	1 303 000	1 353 000	1 434 000
Total Equity	1 337 000	1 333 000	1 383 000	1 464 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	89 000	124 000	100 000	47 000
Total Equity and Debt	1 425 000	1 456 000	1 483 000	1 511 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	94 000	66 000	16 000	37 000
Revenue	94 000	66 000	16 000	37 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	30 000	30 000	30 000	30 000
Impairment	0	0	0	0
Expenditure	90 000	116 000	96 000	73 000
Operating Profit	4 000	−50 000	−80 000	−36 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	4 000	−51 000	−80 000	−36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 420 000	1 450 000	1 480 000	1 510 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 420 000	1 450 000	1 480 000	1 510 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 420 000	1 450 000	1 480 000	1 510 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	6 000	3 000	1 000
Total Current Assets	5 000	6 000	3 000	1 000
Total Assets	1 425 000	1 456 000	1 483 000	1 511 000
Total Equity	1 337 000	1 333 000	1 383 000	1 464 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	89 000	124 000	100 000	47 000
Total Current Debt	89 000	124 000	100 000	47 000
Total Equity and Debt	1 425 000	1 456 000	1 483 000	1 511 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,3 %	−3,83 %	−5,78 %	−2,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,26 %	−75,76 %	−500 %	−97,3 %
Current Ratio	0,06	0,05	0,03	0,02
Quick Ratio	0,06	0,05	0,03	0,02
Equity Ratio	0,94	0,92	0,93	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %