VARP EIENDOM AS

3370 VIKERSUND

Finances

Return on Equity

24,92 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 102 000	15 250 000	60 519 000	12 960 000
Net Income	3 475 000	2 556 000	104 000	−719 000
Total Assets	32 495 000	38 034 000	29 507 000	39 404 000
Total Equity	13 946 000	10 472 000	7 915 000	7 811 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 102 000	15 250 000	60 519 000	12 960 000
Expenditure	45 944 000	16 859 000	60 167 000	13 346 000
Operating Profit	2 158 000	−1 608 000	351 000	−386 000
Financial Income	1 874 000	4 004 000	3 000	2 000
Financial Costs	75 000	200 000	221 000	536 000
Financial Balance	1 799 000	3 804 000	−218 000	−534 000
Earnings Before Tax	3 958 000	2 196 000	134 000	−921 000
Tax	484 000	−360 000	29 000	−202 000
Net Income	3 475 000	2 556 000	104 000	−719 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 723 000	5 487 000	10 192 000	4 228 000
Total Current Assets	26 771 000	32 547 000	19 315 000	35 176 000
Total Assets	32 495 000	38 034 000	29 507 000	39 404 000
Total Retained Equity	13 282 000	9 808 000	7 251 000	7 147 000
Total Equity	13 946 000	10 472 000	7 915 000	7 811 000
Total Long-Term Debt	0	1 612 000	5 374 000	3 733 000
Total Current Debt	18 549 000	25 950 000	16 217 000	27 860 000
Total Equity and Debt	32 495 000	38 034 000	29 507 000	39 404 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 074 000	15 126 000	60 339 000	12 960 000
Other Income	28 000	124 000	180 000	0
Revenue	48 102 000	15 250 000	60 519 000	12 960 000
Cost of Goods Sold	45 592 000	15 715 000	59 572 000	13 017 000
Salary Costs	0	0	0	0
Depreciation	0	112 000	122 000	24 000
Impairment	0	0	0	0
Expenditure	45 944 000	16 859 000	60 167 000	13 346 000
Operating Profit	2 158 000	−1 608 000	351 000	−386 000
Financial Income	1 874 000	4 004 000	3 000	2 000
Financial Costs	75 000	200 000	221 000	536 000
Financial Balance	1 799 000	3 804 000	−218 000	−534 000
Dividends	0	0	0	0
Net Income	3 475 000	2 556 000	104 000	−719 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	69 000	553 000	192 000	223 000
Real Eastate	1 987 000	1 732 000	7 751 000	1 732 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 987 000	1 732 000	7 751 000	1 732 000
Total Fiancial Fixed Assets	3 667 000	3 202 000	2 248 000	2 273 000
Total Fixed Assets	5 723 000	5 487 000	10 192 000	4 228 000
Stock	19 485 000	29 101 000	15 187 000	33 799 000
Total Investments	0	0	0	0
Cash, Bank	2 467 000	909 000	3 986 000	1 152 000
Total Current Assets	26 771 000	32 547 000	19 315 000	35 176 000
Total Assets	32 495 000	38 034 000	29 507 000	39 404 000
Total Equity	13 946 000	10 472 000	7 915 000	7 811 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 612 000	5 374 000	3 733 000
Creditors	55 000	3 201 000	1 256 000	1 322 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 743 000	3 955 000	7 416 000	5 913 000
Total Current Debt	18 549 000	25 950 000	16 217 000	27 860 000
Total Equity and Debt	32 495 000	38 034 000	29 507 000	39 404 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,92 %	24,41 %	1,31 %	−9,2 %
Debt-to-Equity Ratio	0	0,15	0,68	0,48
Operating Profit Margin	4,49 %	−10,54 %	0,58 %	−2,98 %
Current Ratio	1,44	1,25	1,19	1,26
Quick Ratio	−28,6	−10,33	18,75	−5,92
Equity Ratio	0,43	0,28	0,27	0,2
Gross Profit Margin	5,22 %	−3,05 %	1,56 %	−0,44 %