VARG INVEST AS

0881 OSLO

Finances

Return on Equity

24,4 %

Current Ratio

2,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	831 000	190 000	0	0
Net Income	419 000	−200 000	−37 000	686 000
Total Assets	2 231 000	1 948 000	2 489 000	2 858 000
Total Equity	1 717 000	1 947 000	2 467 000	2 854 000

Income (NOK)	2022	2021	2020	2019
Revenue	831 000	190 000	0	0
Expenditure	401 000	381 000	32 000	34 000
Operating Profit	430 000	−191 000	−32 000	−34 000
Financial Income	0	0	106 000	701 000
Financial Costs	0	0	120 000	69 000
Financial Balance	0	0	−14 000	632 000
Earnings Before Tax	431 000	−191 000	−46 000	597 000
Tax	11 000	9 000	−9 000	−89 000
Net Income	419 000	−200 000	−37 000	686 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	766 000	1 154 000	1 162 000	1 662 000
Total Current Assets	1 464 000	793 000	1 326 000	1 196 000
Total Assets	2 231 000	1 948 000	2 489 000	2 858 000
Total Retained Equity	1 617 000	1 847 000	2 367 000	2 754 000
Total Equity	1 717 000	1 947 000	2 467 000	2 854 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	514 000	1 000	22 000	4 000
Total Equity and Debt	2 231 000	1 948 000	2 489 000	2 858 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	831 000	190 000	0	0
Revenue	831 000	190 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	8 000	8 000	0	0
Impairment	0	0	0	0
Expenditure	401 000	381 000	32 000	34 000
Operating Profit	430 000	−191 000	−32 000	−34 000
Financial Income	0	0	106 000	701 000
Financial Costs	0	0	120 000	69 000
Financial Balance	0	0	−14 000	632 000
Dividends	650 000	320 000	350 000	635 000
Net Income	419 000	−200 000	−37 000	686 000

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	8 000	16 000	23 000	0
Total Tangible Assets	8 000	16 000	23 000	0
Total Fiancial Fixed Assets	759 000	1 139 000	1 139 000	1 662 000
Total Fixed Assets	766 000	1 154 000	1 162 000	1 662 000
Stock	0	0	0	0
Total Investments	773 000	768 000	1 025 000	1 181 000
Cash, Bank	692 000	26 000	292 000	15 000
Total Current Assets	1 464 000	793 000	1 326 000	1 196 000
Total Assets	2 231 000	1 948 000	2 489 000	2 858 000
Total Equity	1 717 000	1 947 000	2 467 000	2 854 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	1 000	22 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	650 000	320 000	350 000	635 000
Other Current Debt	0	0	0	0
Total Current Debt	514 000	1 000	22 000	4 000
Total Equity and Debt	2 231 000	1 948 000	2 489 000	2 858 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,4 %	−10,27 %	−1,5 %	24,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	51,74 %	−100,53 %	-	-
Current Ratio	2,85	793	60,27	299
Quick Ratio	2,85	793	60,27	299
Equity Ratio	0,77	1	0,99	1
Gross Profit Margin	100 %	100 %	-	-