VÆRSTE AS

1671 KRÅKERØY

Finances

Return on Equity

−3,54 %

Current Ratio

1,52

Debt-to-Equity Ratio

1,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	114 900 000	157 953 000	151 991 000	69 824 000
Net Income	−16 014 000	50 910 000	8 899 000	10 911 000
Total Assets	1 263 572 000	1 175 564 000	1 054 209 000	670 817 000
Total Equity	451 794 000	486 514 000	453 004 000	458 711 000

Income (NOK)	2022	2021	2020	2019
Revenue	114 900 000	157 953 000	151 991 000	69 824 000
Expenditure	93 772 000	82 422 000	55 987 000	53 844 000
Operating Profit	6 365 000	62 797 000	24 827 000	17 580 000
Financial Income	3 167 000	524 000	195 000	808 000
Financial Costs	30 537 000	16 648 000	13 455 000	11 458 000
Financial Balance	−27 370 000	−16 124 000	−13 260 000	−10 650 000
Earnings Before Tax	−21 006 000	46 672 000	11 567 000	6 930 000
Tax	−4 992 000	−4 237 000	2 668 000	−3 981 000
Net Income	−16 014 000	50 910 000	8 899 000	10 911 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 169 214 000	1 027 105 000	861 342 000	577 679 000
Total Current Assets	94 358 000	148 458 000	192 867 000	93 139 000
Total Assets	1 263 572 000	1 175 564 000	1 054 209 000	670 817 000
Total Retained Equity	213 325 000	248 045 000	214 535 000	220 242 000
Total Equity	451 794 000	486 514 000	453 004 000	458 711 000
Total Long-Term Debt	749 850 000	596 080 000	440 159 000	155 060 000
Total Current Debt	61 928 000	92 970 000	161 046 000	57 046 000
Total Equity and Debt	1 263 572 000	1 175 564 000	1 054 209 000	670 817 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 754 000	14 220 000	10 361 000	9 685 000
Other Income	89 146 000	143 733 000	141 630 000	60 140 000
Revenue	114 900 000	157 953 000	151 991 000	69 824 000
Cost of Goods Sold	2 062 000	2 252 000	837 000	1 056 000
Salary Costs	41 945 000	42 542 000	26 843 000	24 700 000
Depreciation	19 746 000	15 672 000	10 714 000	11 019 000
Impairment	9 000 000	21 956 000	0	0
Expenditure	93 772 000	82 422 000	55 987 000	53 844 000
Operating Profit	6 365 000	62 797 000	24 827 000	17 580 000
Financial Income	3 167 000	524 000	195 000	808 000
Financial Costs	30 537 000	16 648 000	13 455 000	11 458 000
Financial Balance	−27 370 000	−16 124 000	−13 260 000	−10 650 000
Dividends	0	0	0	0
Net Income	−16 014 000	50 910 000	8 899 000	10 911 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 468 000	21 569 000	23 798 000	26 483 000
Real Eastate	948 322 000	910 262 000	813 026 000	534 552 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 969 000	1 577 000	1 346 000	1 364 000
Total Tangible Assets	953 291 000	911 839 000	814 372 000	535 917 000
Total Fiancial Fixed Assets	189 455 000	93 698 000	23 171 000	15 279 000
Total Fixed Assets	1 169 214 000	1 027 105 000	861 342 000	577 679 000
Stock	5 984 000	21 682 000	79 038 000	77 000
Total Investments	0	0	0	0
Cash, Bank	40 583 000	105 414 000	49 518 000	59 373 000
Total Current Assets	94 358 000	148 458 000	192 867 000	93 139 000
Total Assets	1 263 572 000	1 175 564 000	1 054 209 000	670 817 000
Total Equity	451 794 000	486 514 000	453 004 000	458 711 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	749 850 000	596 080 000	440 159 000	155 060 000
Creditors	15 322 000	16 960 000	36 433 000	8 764 000
Unpaid Taxes	3 537 000	7 581 000	2 435 000	1 898 000
Dividends	0	0	0	0
Other Current Debt	43 068 000	68 430 000	74 466 000	46 385 000
Total Current Debt	61 928 000	92 970 000	161 046 000	57 046 000
Total Equity and Debt	1 263 572 000	1 175 564 000	1 054 209 000	670 817 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,54 %	10,46 %	1,96 %	2,38 %
Debt-to-Equity Ratio	1,66	1,23	0,97	0,34
Operating Profit Margin	5,54 %	39,76 %	16,33 %	25,18 %
Current Ratio	1,52	1,6	1,2	1,63
Quick Ratio	1,69	2,08	2,35	1,63
Equity Ratio	0,36	0,41	0,43	0,68
Gross Profit Margin	98,21 %	98,57 %	99,45 %	98,49 %