VARDEN ENTREPRENØR AS

0570 OSLO

Finances

Share Ownership

Return on Equity

65,86 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	334 502 000	266 146 000	202 549 000	245 770 000
Net Income	14 633 000	17 813 000	8 646 000	15 809 000
Total Assets	98 053 000	109 794 000	101 221 000	109 461 000
Total Equity	22 217 000	22 085 000	20 654 000	22 810 000

Income (NOK)	2022	2021	2020	2019
Revenue	334 502 000	266 146 000	202 549 000	245 770 000
Expenditure	315 846 000	243 299 000	191 449 000	225 485 000
Operating Profit	18 657 000	22 847 000	11 100 000	20 285 000
Financial Income	292 000	4 000	21 000	58 000
Financial Costs	211 000	3 000	5 000	24 000
Financial Balance	81 000	1 000	16 000	34 000
Earnings Before Tax	18 737 000	22 848 000	11 116 000	20 319 000
Tax	4 104 000	5 035 000	2 470 000	4 509 000
Net Income	14 633 000	17 813 000	8 646 000	15 809 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 550 000	15 897 000	16 295 000	16 392 000
Total Current Assets	82 503 000	93 897 000	84 926 000	93 069 000
Total Assets	98 053 000	109 794 000	101 221 000	109 461 000
Total Retained Equity	16 399 000	16 266 000	14 835 000	16 992 000
Total Equity	22 217 000	22 085 000	20 654 000	22 810 000
Total Long-Term Debt	1 846 000	2 939 000	2 451 000	178 000
Total Current Debt	73 989 000	84 770 000	78 117 000	86 473 000
Total Equity and Debt	98 053 000	109 794 000	101 221 000	109 461 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	333 469 000	266 121 000	202 543 000	245 770 000
Other Income	1 033 000	25 000	6 000	0
Revenue	334 502 000	266 146 000	202 549 000	245 770 000
Cost of Goods Sold	266 966 000	198 234 000	151 219 000	185 966 000
Salary Costs	35 957 000	37 273 000	28 369 000	28 520 000
Depreciation	612 000	519 000	630 000	611 000
Impairment	0	0	0	0
Expenditure	315 846 000	243 299 000	191 449 000	225 485 000
Operating Profit	18 657 000	22 847 000	11 100 000	20 285 000
Financial Income	292 000	4 000	21 000	58 000
Financial Costs	211 000	3 000	5 000	24 000
Financial Balance	81 000	1 000	16 000	34 000
Dividends	14 500 000	11 000 000	10 103 000	14 000 000
Net Income	14 633 000	17 813 000	8 646 000	15 809 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	57 000	57 000	57 000	57 000
Real Eastate	12 004 000	12 004 000	12 004 000	12 004 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 489 000	3 836 000	4 234 000	4 331 000
Total Tangible Assets	15 493 000	15 840 000	16 239 000	16 336 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 550 000	15 897 000	16 295 000	16 392 000
Stock	0	0	0	0
Total Investments	10 022 000	0	0	0
Cash, Bank	35 505 000	48 803 000	40 994 000	29 446 000
Total Current Assets	82 503 000	93 897 000	84 926 000	93 069 000
Total Assets	98 053 000	109 794 000	101 221 000	109 461 000
Total Equity	22 217 000	22 085 000	20 654 000	22 810 000
Short-Term Group Debt	0	6 900 000	0	0
Total Long-Term Debt	1 846 000	2 939 000	2 451 000	178 000
Creditors	30 300 000	43 178 000	26 800 000	26 739 000
Unpaid Taxes	3 299 000	3 657 000	5 383 000	10 624 000
Dividends	14 500 000	11 000 000	10 103 000	14 000 000
Other Current Debt	25 693 000	28 006 000	35 832 000	39 918 000
Total Current Debt	73 989 000	84 770 000	78 117 000	86 473 000
Total Equity and Debt	98 053 000	109 794 000	101 221 000	109 461 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,86 %	80,66 %	41,86 %	69,31 %
Debt-to-Equity Ratio	0,08	0,13	0,12	0,01
Operating Profit Margin	5,58 %	8,58 %	5,48 %	8,25 %
Current Ratio	1,12	1,11	1,09	1,08
Quick Ratio	1,12	1,11	1,09	1,08
Equity Ratio	0,23	0,2	0,2	0,21
Gross Profit Margin	20,19 %	25,52 %	25,34 %	24,33 %