VARNER KAPITAL AS

1396 BILLINGSTAD

Finances

Return on Equity

−19,18 %

Current Ratio

595,15

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	44 896 000	262 352 000	0
Net Income	−277 071 000	878 751 000	264 901 000	14 482 000
Total Assets	1 459 105 000	1 793 613 000	1 094 274 000	697 010 000
Total Equity	1 444 522 000	1 782 485 000	1 032 557 000	542 116 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	44 896 000	262 352 000	0
Expenditure	149 423 000	2 668 000	2 265 000	1 654 000
Operating Profit	−149 423 000	42 227 000	260 088 000	−1 654 000
Financial Income	2 396 000	868 714 000	12 159 000	20 567 000
Financial Costs	124 780 000	31 855 000	7 124 000	2 436 000
Financial Balance	−122 384 000	836 859 000	5 035 000	18 131 000
Earnings Before Tax	−271 807 000	879 086 000	265 122 000	16 476 000
Tax	5 264 000	336 000	221 000	1 995 000
Net Income	−277 071 000	878 751 000	264 901 000	14 482 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	653 866 000	801 692 000	583 259 000	695 376 000
Total Current Assets	805 239 000	991 921 000	511 015 000	1 634 000
Total Assets	1 459 105 000	1 793 613 000	1 094 274 000	697 010 000
Total Retained Equity	908 881 000	1 246 843 000	496 914 000	6 472 000
Total Equity	1 444 522 000	1 782 485 000	1 032 557 000	542 116 000
Total Long-Term Debt	13 229 000	9 198 000	8 862 000	8 640 000
Total Current Debt	1 353 000	1 931 000	52 855 000	146 253 000
Total Equity and Debt	1 459 105 000	1 793 613 000	1 094 274 000	697 010 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	44 896 000	262 352 000	0
Revenue	0	44 896 000	262 352 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	933 000	1 919 000	1 555 000	940 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	149 423 000	2 668 000	2 265 000	1 654 000
Operating Profit	−149 423 000	42 227 000	260 088 000	−1 654 000
Financial Income	2 396 000	868 714 000	12 159 000	20 567 000
Financial Costs	124 780 000	31 855 000	7 124 000	2 436 000
Financial Balance	−122 384 000	836 859 000	5 035 000	18 131 000
Dividends	0	0	0	0
Net Income	−277 071 000	878 751 000	264 901 000	14 482 000

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	653 866 000	801 692 000	583 259 000	695 376 000
Total Fixed Assets	653 866 000	801 692 000	583 259 000	695 376 000
Stock	0	0	0	0
Total Investments	472 053 000	492 677 000	510 566 000	0
Cash, Bank	329 000	647 000	449 000	431 000
Total Current Assets	805 239 000	991 921 000	511 015 000	1 634 000
Total Assets	1 459 105 000	1 793 613 000	1 094 274 000	697 010 000
Total Equity	1 444 522 000	1 782 485 000	1 032 557 000	542 116 000
Short-Term Group Debt	0	0	52 115 000	146 041 000
Total Long-Term Debt	13 229 000	9 198 000	8 862 000	8 640 000
Creditors	0	0	0	0
Unpaid Taxes	69 000	218 000	162 000	79 000
Dividends	0	0	0	0
Other Current Debt	1 258 000	1 713 000	578 000	132 000
Total Current Debt	1 353 000	1 931 000	52 855 000	146 253 000
Total Equity and Debt	1 459 105 000	1 793 613 000	1 094 274 000	697 010 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,18 %	49,3 %	25,65 %	2,67 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,02
Operating Profit Margin	-	94,06 %	99,14 %	-
Current Ratio	595,15	513,68	9,67	0,01
Quick Ratio	595,15	513,68	9,67	0,01
Equity Ratio	0,99	0,99	0,94	0,78
Gross Profit Margin	-	100 %	100 %	-