VARIER HOLDING AS

0161 OSLO

Finances

Return on Equity

−73,47 %

Current Ratio

0,77

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	88 443 000	149 194 000	123 840 000	73 869 000
Net Income	−12 484 000	12 654 000	6 287 000	−8 454 000
Total Assets	46 618 000	55 393 000	47 779 000	34 545 000
Total Equity	16 992 000	29 340 000	16 791 000	2 494 000

Income (NOK)	2022	2021	2020	2019
Revenue	88 443 000	149 194 000	123 840 000	73 869 000
Expenditure	100 494 000	131 684 000	115 460 000	81 322 000
Operating Profit	−12 051 000	17 510 000	8 380 000	−7 453 000
Financial Income	127 000	16 000	21 000	5 000
Financial Costs	366 000	773 000	919 000	812 000
Financial Balance	−239 000	−757 000	−898 000	−807 000
Earnings Before Tax	−12 290 000	16 753 000	7 482 000	−8 260 000
Tax	194 000	4 099 000	1 195 000	194 000
Net Income	−12 484 000	12 654 000	6 287 000	−8 454 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 868 000	16 009 000	18 255 000	18 616 000
Total Current Assets	19 750 000	39 384 000	29 524 000	15 929 000
Total Assets	46 618 000	55 393 000	47 779 000	34 545 000
Total Retained Equity	−2 874 000	9 474 000	−3 075 000	−30 894 000
Total Equity	16 992 000	29 340 000	16 791 000	2 494 000
Total Long-Term Debt	4 082 000	1 635 000	1 456 000	1 289 000
Total Current Debt	25 544 000	24 418 000	29 532 000	30 762 000
Total Equity and Debt	46 618 000	55 393 000	47 779 000	34 545 000

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	37 131 000	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	100 494 000	131 684 000	115 460 000	81 322 000
Operating Profit	−12 051 000	17 510 000	8 380 000	−7 453 000
Financial Income	127 000	16 000	21 000	5 000
Financial Costs	366 000	773 000	919 000	812 000
Financial Balance	−239 000	−757 000	−898 000	−807 000
Dividends	0	0	0	0
Net Income	−12 484 000	12 654 000	6 287 000	−8 454 000

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	5 158 000	6 404 000	6 570 000
Total Tangible Assets	3 388 000	5 204 000	6 456 000	6 574 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 868 000	16 009 000	18 255 000	18 616 000
Stock	5 338 000	3 860 000	1 306 000	3 287 000
Total Investments	0	0	0	0
Cash, Bank	3 556 000	14 248 000	9 289 000	991 000
Total Current Assets	19 750 000	39 384 000	29 524 000	15 929 000
Total Assets	46 618 000	55 393 000	47 779 000	34 545 000
Total Equity	16 992 000	29 340 000	16 791 000	2 494 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 082 000	1 635 000	1 456 000	1 289 000
Creditors	12 366 000	9 320 000	14 807 000	10 956 000
Unpaid Taxes	1 007 000	1 439 000	1 473 000	1 200 000
Dividends	0	0	0	0
Other Current Debt	5 926 000	11 743 000	10 826 000	4 671 000
Total Current Debt	25 544 000	24 418 000	29 532 000	30 762 000
Total Equity and Debt	46 618 000	55 393 000	47 779 000	34 545 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−73,47 %	43,13 %	37,44 %	−338,97 %
Debt-to-Equity Ratio	0,24	0,06	0,09	0,52
Operating Profit Margin	−13,63 %	11,74 %	6,77 %	−10,09 %
Current Ratio	0,77	1,61	1	0,52
Quick Ratio	0,98	1,92	1,05	0,58
Equity Ratio	0,36	0,53	0,35	0,07
Gross Profit Margin	58,02 %	61 %	58,01 %	59,58 %