NORGESHUS VARHAUG AS

4360 VARHAUG

Finances

Share Ownership

Return on Equity

−23,11 %

Current Ratio

1,45

Debt-to-Equity Ratio

1,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 739 000	6 953 000	7 938 000	15 971 000
Net Income	−299 000	132 000	−531 000	−220 000
Total Assets	10 102 000	7 947 000	3 381 000	3 560 000
Total Equity	1 294 000	1 677 000	82 000	613 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 739 000	6 953 000	7 938 000	15 971 000
Expenditure	20 082 000	7 487 000	7 988 000	16 191 000
Operating Profit	−343 000	−533 000	−50 000	−220 000
Financial Income	125 000	0	0	1 000
Financial Costs	162 000	30 000	5 000	1 000
Financial Balance	−37 000	−30 000	−5 000	0
Earnings Before Tax	−380 000	−563 000	−55 000	−220 000
Tax	−81 000	−695 000	477 000	0
Net Income	−299 000	132 000	−531 000	−220 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	199 000	266 000	12 000	497 000
Total Current Assets	9 902 000	7 680 000	3 369 000	3 063 000
Total Assets	10 102 000	7 947 000	3 381 000	3 560 000
Total Retained Equity	0	0	−818 000	−287 000
Total Equity	1 294 000	1 677 000	82 000	613 000
Total Long-Term Debt	1 995 000	3 252 000	1 847 000	1 847 000
Total Current Debt	6 813 000	3 017 000	1 453 000	1 100 000
Total Equity and Debt	10 102 000	7 947 000	3 381 000	3 560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 739 000	6 933 000	7 938 000	15 971 000
Other Income	0	20 000	0	0
Revenue	19 739 000	6 953 000	7 938 000	15 971 000
Cost of Goods Sold	18 654 000	6 119 000	6 791 000	14 642 000
Salary Costs	751 000	725 000	717 000	727 000
Depreciation	67 000	62 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	20 082 000	7 487 000	7 988 000	16 191 000
Operating Profit	−343 000	−533 000	−50 000	−220 000
Financial Income	125 000	0	0	1 000
Financial Costs	162 000	30 000	5 000	1 000
Financial Balance	−37 000	−30 000	−5 000	0
Dividends	0	0	0	0
Net Income	−299 000	132 000	−531 000	−220 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	477 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	199 000	266 000	12 000	20 000
Total Tangible Assets	199 000	266 000	12 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	199 000	266 000	12 000	497 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	508 000	510 000	400 000	29 000
Total Current Assets	9 902 000	7 680 000	3 369 000	3 063 000
Total Assets	10 102 000	7 947 000	3 381 000	3 560 000
Total Equity	1 294 000	1 677 000	82 000	613 000
Short-Term Group Debt	1 941 000	1 008 000	0	0
Total Long-Term Debt	1 995 000	3 252 000	1 847 000	1 847 000
Creditors	4 208 000	620 000	915 000	991 000
Unpaid Taxes	43 000	402 000	33 000	32 000
Dividends	0	0	0	0
Other Current Debt	621 000	988 000	505 000	77 000
Total Current Debt	6 813 000	3 017 000	1 453 000	1 100 000
Total Equity and Debt	10 102 000	7 947 000	3 381 000	3 560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,11 %	7,87 %	−647,56 %	−35,89 %
Debt-to-Equity Ratio	1,54	1,94	22,52	3,01
Operating Profit Margin	−1,74 %	−7,67 %	−0,63 %	−1,38 %
Current Ratio	1,45	2,55	2,32	2,78
Quick Ratio	1,45	2,55	2,32	2,78
Equity Ratio	0,13	0,21	0,02	0,17
Gross Profit Margin	5,5 %	11,99 %	14,45 %	8,32 %