VARIER FURNITURE AS

0278 OSLO

Finances

Share Ownership

Return on Equity

−60,22 %

Current Ratio

0,81

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	88 443 000	149 194 000	123 840 000	73 869 000
Net Income	−11 112 000	13 901 000	7 763 000	−6 389 000
Total Assets	53 600 000	60 361 000	50 384 000	35 523 000
Total Equity	18 451 000	29 425 000	15 629 000	7 792 000

Income (NOK)	2022	2021	2020	2019
Revenue	88 443 000	149 194 000	123 840 000	73 869 000
Expenditure	99 122 000	130 515 000	113 865 000	79 335 000
Operating Profit	−10 679 000	18 679 000	9 975 000	−5 466 000
Financial Income	127 000	94 000	21 000	5 000
Financial Costs	366 000	773 000	1 038 000	734 000
Financial Balance	−239 000	−679 000	−1 017 000	−729 000
Earnings Before Tax	−10 918 000	18 000 000	8 958 000	−6 195 000
Tax	194 000	4 099 000	1 195 000	194 000
Net Income	−11 112 000	13 901 000	7 763 000	−6 389 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 603 000	20 731 000	21 065 000	19 555 000
Total Current Assets	19 997 000	39 630 000	29 319 000	15 968 000
Total Assets	53 600 000	60 361 000	50 384 000	35 523 000
Total Retained Equity	−13 197 000	−2 223 000	−16 019 000	−23 856 000
Total Equity	18 451 000	29 425 000	15 629 000	7 792 000
Total Long-Term Debt	10 526 000	8 079 000	7 901 000	1 289 000
Total Current Debt	24 623 000	22 857 000	26 854 000	26 442 000
Total Equity and Debt	53 600 000	60 361 000	50 384 000	35 523 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	88 071 000	148 859 000	123 598 000	73 628 000
Other Income	372 000	335 000	242 000	241 000
Revenue	88 443 000	149 194 000	123 840 000	73 869 000
Cost of Goods Sold	37 132 000	58 179 000	51 999 000	29 855 000
Salary Costs	29 005 000	27 944 000	26 256 000	20 589 000
Depreciation	4 057 000	6 152 000	3 270 000	3 286 000
Impairment	0	0	0	0
Expenditure	99 122 000	130 515 000	113 865 000	79 335 000
Operating Profit	−10 679 000	18 679 000	9 975 000	−5 466 000
Financial Income	127 000	94 000	21 000	5 000
Financial Costs	366 000	773 000	1 038 000	734 000
Financial Balance	−239 000	−679 000	−1 017 000	−729 000
Dividends	0	0	0	0
Net Income	−11 112 000	13 901 000	7 763 000	−6 389 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 480 000	10 805 000	11 799 000	12 042 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	44 000	46 000	52 000	4 000
Fixtures	3 344 000	5 157 000	6 404 000	6 570 000
Total Tangible Assets	3 388 000	5 203 000	6 456 000	6 574 000
Total Fiancial Fixed Assets	6 735 000	4 723 000	2 810 000	939 000
Total Fixed Assets	33 603 000	20 731 000	21 065 000	19 555 000
Stock	5 338 000	3 860 000	1 306 000	3 287 000
Total Investments	0	0	0	0
Cash, Bank	3 553 000	14 244 000	8 843 000	986 000
Total Current Assets	19 997 000	39 630 000	29 319 000	15 968 000
Total Assets	53 600 000	60 361 000	50 384 000	35 523 000
Total Equity	18 451 000	29 425 000	15 629 000	7 792 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 526 000	8 079 000	7 901 000	1 289 000
Creditors	11 980 000	8 293 000	12 665 000	7 688 000
Unpaid Taxes	1 007 000	1 439 000	1 473 000	1 200 000
Dividends	0	0	0	0
Other Current Debt	5 391 000	11 209 000	10 290 000	3 619 000
Total Current Debt	24 623 000	22 857 000	26 854 000	26 442 000
Total Equity and Debt	53 600 000	60 361 000	50 384 000	35 523 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−60,22 %	47,24 %	49,67 %	−81,99 %
Debt-to-Equity Ratio	0,57	0,27	0,51	0,17
Operating Profit Margin	−12,07 %	12,52 %	8,05 %	−7,4 %
Current Ratio	0,81	1,73	1,09	0,6
Quick Ratio	1,04	2,09	1,15	0,69
Equity Ratio	0,34	0,49	0,31	0,22
Gross Profit Margin	58,02 %	61 %	58,01 %	59,58 %