VÆRNES PANORAMA AS

7318 AGDENES

Finances

Share Ownership

Return on Equity

76,44 %

Current Ratio

10,11

Debt-to-Equity Ratio

−12,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	796 000	705 000	478 000	591 000
Net Income	−941 000	−501 000	−843 000	−785 000
Total Assets	14 420 000	10 551 000	10 437 000	8 448 000
Total Equity	−1 231 000	−1 299 000	−798 000	−1 127 000

Income (NOK)	2022	2021	2020	2019
Revenue	796 000	705 000	478 000	591 000
Expenditure	1 946 000	1 204 000	1 645 000	1 385 000
Operating Profit	−1 150 000	−499 000	−1 166 000	−794 000
Financial Income	0	0	0	3 000
Financial Costs	75 000	3 000	7 000	12 000
Financial Balance	−75 000	−3 000	−7 000	−9 000
Earnings Before Tax	−1 226 000	−501 000	−1 174 000	−804 000
Tax	−285 000	0	−331 000	−19 000
Net Income	−941 000	−501 000	−843 000	−785 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 086 000	10 446 000	8 877 000	8 243 000
Total Current Assets	1 334 000	105 000	1 560 000	205 000
Total Assets	14 420 000	10 551 000	10 437 000	8 448 000
Total Retained Equity	−1 331 000	−1 399 000	−898 000	−1 296 000
Total Equity	−1 231 000	−1 299 000	−798 000	−1 127 000
Total Long-Term Debt	15 518 000	11 743 000	11 150 000	9 448 000
Total Current Debt	132 000	107 000	85 000	127 000
Total Equity and Debt	14 420 000	10 551 000	10 437 000	8 448 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	796 000	705 000	478 000	591 000
Other Income	0	0	0	0
Revenue	796 000	705 000	478 000	591 000
Cost of Goods Sold	0	0	0	0
Salary Costs	806 000	412 000	953 000	718 000
Depreciation	422 000	308 000	273 000	226 000
Impairment	0	0	0	0
Expenditure	1 946 000	1 204 000	1 645 000	1 385 000
Operating Profit	−1 150 000	−499 000	−1 166 000	−794 000
Financial Income	0	0	0	3 000
Financial Costs	75 000	3 000	7 000	12 000
Financial Balance	−75 000	−3 000	−7 000	−9 000
Dividends	0	0	0	0
Net Income	−941 000	−501 000	−843 000	−785 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 535 000	7 005 000	7 244 000	6 448 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	390 000	280 000	78 000	90 000
Total Tangible Assets	9 925 000	7 285 000	7 322 000	6 538 000
Total Fiancial Fixed Assets	3 161 000	3 161 000	1 555 000	1 705 000
Total Fixed Assets	13 086 000	10 446 000	8 877 000	8 243 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	39 000	105 000	2 000	51 000
Total Current Assets	1 334 000	105 000	1 560 000	205 000
Total Assets	14 420 000	10 551 000	10 437 000	8 448 000
Total Equity	−1 231 000	−1 299 000	−798 000	−1 127 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 518 000	11 743 000	11 150 000	9 448 000
Creditors	0	0	0	0
Unpaid Taxes	64 000	75 000	7 000	58 000
Dividends	0	0	0	0
Other Current Debt	68 000	32 000	78 000	69 000
Total Current Debt	132 000	107 000	85 000	127 000
Total Equity and Debt	14 420 000	10 551 000	10 437 000	8 448 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,44 %	38,57 %	105,64 %	69,65 %
Debt-to-Equity Ratio	−12,61	−9,04	−13,97	−8,38
Operating Profit Margin	−144,47 %	−70,78 %	−243,93 %	−134,35 %
Current Ratio	10,11	0,98	18,35	1,61
Quick Ratio	10,11	0,98	18,35	1,61
Equity Ratio	−0,09	−0,12	−0,08	−0,13
Gross Profit Margin	100 %	100 %	100 %	100 %