VARODDEN EIENDOM AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

10,94 %

Current Ratio

0,18

Debt-to-Equity Ratio

1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	648 000	582 000	574 000	677 000
Net Income	135 000	204 000	123 000	175 000
Total Assets	3 967 000	3 960 000	4 028 000	4 283 000
Total Equity	1 234 000	1 222 000	1 206 000	1 184 000

Income (NOK)	2022	2021	2020	2019
Revenue	648 000	582 000	574 000	677 000
Expenditure	381 000	246 000	316 000	315 000
Operating Profit	267 000	336 000	258 000	362 000
Financial Income	0	0	0	0
Financial Costs	94 000	74 000	100 000	137 000
Financial Balance	−94 000	−74 000	−100 000	−137 000
Earnings Before Tax	173 000	262 000	158 000	225 000
Tax	38 000	58 000	35 000	49 000
Net Income	135 000	204 000	123 000	175 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 846 000	3 850 000	3 961 000	4 072 000
Total Current Assets	121 000	110 000	66 000	210 000
Total Assets	3 967 000	3 960 000	4 028 000	4 283 000
Total Retained Equity	885 000	872 000	856 000	834 000
Total Equity	1 234 000	1 222 000	1 206 000	1 184 000
Total Long-Term Debt	2 041 000	2 336 000	2 630 000	2 849 000
Total Current Debt	691 000	403 000	192 000	250 000
Total Equity and Debt	3 967 000	3 960 000	4 028 000	4 283 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	648 000	582 000	574 000	677 000
Revenue	648 000	582 000	574 000	677 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	118 000	111 000	111 000	111 000
Impairment	0	0	0	0
Expenditure	381 000	246 000	316 000	315 000
Operating Profit	267 000	336 000	258 000	362 000
Financial Income	0	0	0	0
Financial Costs	94 000	74 000	100 000	137 000
Financial Balance	−94 000	−74 000	−100 000	−137 000
Dividends	0	0	0	0
Net Income	135 000	204 000	123 000	175 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 846 000	3 850 000	3 961 000	4 072 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 846 000	3 850 000	3 961 000	4 072 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 846 000	3 850 000	3 961 000	4 072 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	44 000	110 000	66 000	52 000
Total Current Assets	121 000	110 000	66 000	210 000
Total Assets	3 967 000	3 960 000	4 028 000	4 283 000
Total Equity	1 234 000	1 222 000	1 206 000	1 184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 041 000	2 336 000	2 630 000	2 849 000
Creditors	32 000	0	36 000	34 000
Unpaid Taxes	23 000	19 000	15 000	23 000
Dividends	0	0	0	0
Other Current Debt	636 000	383 000	141 000	193 000
Total Current Debt	691 000	403 000	192 000	250 000
Total Equity and Debt	3 967 000	3 960 000	4 028 000	4 283 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,94 %	16,69 %	10,2 %	14,78 %
Debt-to-Equity Ratio	1,65	1,91	2,18	2,41
Operating Profit Margin	41,2 %	57,73 %	44,95 %	53,47 %
Current Ratio	0,18	0,27	0,34	0,84
Quick Ratio	0,18	0,27	0,34	0,84
Equity Ratio	0,31	0,31	0,3	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %