VARIA AS

1363 HØVIK

Finances

Return on Equity

72,2 %

Current Ratio

0,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 925 000	3 605 000	1 994 000	528 000
Net Income	896 000	1 169 000	651 000	223 000
Total Assets	3 210 000	2 704 000	2 412 000	1 295 000
Total Equity	1 241 000	846 000	676 000	926 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 925 000	3 605 000	1 994 000	528 000
Expenditure	2 286 000	2 354 000	1 068 000	362 000
Operating Profit	639 000	1 250 000	926 000	165 000
Financial Income	402 000	202 000	773 000	81 000
Financial Costs	30 000	10 000	843 000	5 000
Financial Balance	372 000	192 000	−70 000	76 000
Earnings Before Tax	1 011 000	1 443 000	856 000	241 000
Tax	115 000	274 000	205 000	17 000
Net Income	896 000	1 169 000	651 000	223 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 410 000	1 582 000	2 173 000	609 000
Total Current Assets	800 000	1 121 000	239 000	686 000
Total Assets	3 210 000	2 704 000	2 412 000	1 295 000
Total Retained Equity	1 139 000	743 000	574 000	823 000
Total Equity	1 241 000	846 000	676 000	926 000
Total Long-Term Debt	0	0	2 000	0
Total Current Debt	1 969 000	1 858 000	1 734 000	369 000
Total Equity and Debt	3 210 000	2 704 000	2 412 000	1 295 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 858 000	3 576 000	1 960 000	528 000
Other Income	67 000	29 000	34 000	0
Revenue	2 925 000	3 605 000	1 994 000	528 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 702 000	1 893 000	726 000	0
Depreciation	97 000	25 000	6 000	3 000
Impairment	0	0	0	0
Expenditure	2 286 000	2 354 000	1 068 000	362 000
Operating Profit	639 000	1 250 000	926 000	165 000
Financial Income	402 000	202 000	773 000	81 000
Financial Costs	30 000	10 000	843 000	5 000
Financial Balance	372 000	192 000	−70 000	76 000
Dividends	500 000	1 000 000	900 000	0
Net Income	896 000	1 169 000	651 000	223 000

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	910 000	82 000	48 000	12 000
Total Tangible Assets	910 000	82 000	48 000	12 000
Total Fiancial Fixed Assets	1 500 000	1 500 000	2 125 000	597 000
Total Fixed Assets	2 410 000	1 582 000	2 173 000	609 000
Stock	0	0	0	0
Total Investments	125 000	125 000	0	125 000
Cash, Bank	86 000	200 000	26 000	547 000
Total Current Assets	800 000	1 121 000	239 000	686 000
Total Assets	3 210 000	2 704 000	2 412 000	1 295 000
Total Equity	1 241 000	846 000	676 000	926 000
Short-Term Group Debt	0	0	0	35 000
Total Long-Term Debt	0	0	2 000	0
Creditors	3 000	6 000	4 000	3 000
Unpaid Taxes	264 000	389 000	410 000	33 000
Dividends	500 000	1 000 000	900 000	0
Other Current Debt	1 086 000	187 000	217 000	282 000
Total Current Debt	1 969 000	1 858 000	1 734 000	369 000
Total Equity and Debt	3 210 000	2 704 000	2 412 000	1 295 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,2 %	138,18 %	96,3 %	24,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,85 %	34,67 %	46,44 %	31,25 %
Current Ratio	0,41	0,6	0,14	1,86
Quick Ratio	0,41	0,6	0,14	1,86
Equity Ratio	0,39	0,31	0,28	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %