VARHEI PROSJEKT AS

4150 RENNESØY

Finances

Return on Equity

1,31 %

Current Ratio

77,58

Debt-to-Equity Ratio

10,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	211 000	283 000	375 000	1 883 000
Net Income	8 000	0	−3 000	1 432 000
Total Assets	7 097 000	7 039 000	6 658 000	6 281 000
Total Equity	612 000	604 000	603 000	606 000

Income (NOK)	2022	2021	2020	2019
Revenue	211 000	283 000	375 000	1 883 000
Expenditure	254 000	139 000	397 000	12 000
Operating Profit	−43 000	144 000	−22 000	1 871 000
Financial Income	325 000	122 000	243 000	169 000
Financial Costs	271 000	265 000	224 000	395 000
Financial Balance	54 000	−143 000	19 000	−226 000
Earnings Before Tax	10 000	0	−3 000	1 646 000
Tax	2 000	0	0	214 000
Net Income	8 000	0	−3 000	1 432 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	115 000	115 000	15 000	15 000
Total Current Assets	6 982 000	6 924 000	6 643 000	6 266 000
Total Assets	7 097 000	7 039 000	6 658 000	6 281 000
Total Retained Equity	512 000	504 000	503 000	506 000
Total Equity	612 000	604 000	603 000	606 000
Total Long-Term Debt	6 396 000	6 295 000	5 794 000	5 452 000
Total Current Debt	90 000	141 000	260 000	222 000
Total Equity and Debt	7 097 000	7 039 000	6 658 000	6 281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	211 000	283 000	375 000	1 883 000
Revenue	211 000	283 000	375 000	1 883 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	254 000	139 000	397 000	12 000
Operating Profit	−43 000	144 000	−22 000	1 871 000
Financial Income	325 000	122 000	243 000	169 000
Financial Costs	271 000	265 000	224 000	395 000
Financial Balance	54 000	−143 000	19 000	−226 000
Dividends	0	0	0	0
Net Income	8 000	0	−3 000	1 432 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	115 000	115 000	15 000	15 000
Total Fixed Assets	115 000	115 000	15 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	17 000	12 000	11 000
Total Current Assets	6 982 000	6 924 000	6 643 000	6 266 000
Total Assets	7 097 000	7 039 000	6 658 000	6 281 000
Total Equity	612 000	604 000	603 000	606 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 396 000	6 295 000	5 794 000	5 452 000
Creditors	58 000	41 000	38 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	30 000	100 000	8 000	8 000
Total Current Debt	90 000	141 000	260 000	222 000
Total Equity and Debt	7 097 000	7 039 000	6 658 000	6 281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,31 %	0 %	−0,5 %	236,3 %
Debt-to-Equity Ratio	10,45	10,42	9,61	9
Operating Profit Margin	−20,38 %	50,88 %	−5,87 %	99,36 %
Current Ratio	77,58	49,11	25,55	28,23
Quick Ratio	77,58	49,11	25,55	28,23
Equity Ratio	0,09	0,09	0,09	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %