VARNER INVEST AS

1396 BILLINGSTAD

Finances

Return on Equity

0,58 %

Current Ratio

0,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 141 000	3 932 000	3 902 000	3 839 000
Net Income	10 989 000	105 260 000	87 737 000	52 343 000
Total Assets	2 692 217 000	2 500 360 000	2 379 380 000	2 498 467 000
Total Equity	1 879 829 000	1 887 396 000	1 879 902 000	1 879 060 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 141 000	3 932 000	3 902 000	3 839 000
Expenditure	1 432 000	1 644 000	1 455 000	1 528 000
Operating Profit	2 709 000	2 288 000	2 448 000	2 312 000
Financial Income	43 655 000	111 294 000	148 901 000	59 639 000
Financial Costs	35 302 000	6 227 000	61 758 000	8 688 000
Financial Balance	8 353 000	105 067 000	87 143 000	50 951 000
Earnings Before Tax	11 062 000	107 355 000	89 591 000	53 263 000
Tax	73 000	2 095 000	1 853 000	919 000
Net Income	10 989 000	105 260 000	87 737 000	52 343 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 677 547 000	2 472 316 000	2 313 997 000	2 269 270 000
Total Current Assets	14 670 000	28 043 000	65 382 000	229 196 000
Total Assets	2 692 217 000	2 500 360 000	2 379 380 000	2 498 467 000
Total Retained Equity	866 039 000	873 606 000	866 112 000	865 270 000
Total Equity	1 879 829 000	1 887 396 000	1 879 902 000	1 879 060 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	812 387 000	612 964 000	499 477 000	619 407 000
Total Equity and Debt	2 692 217 000	2 500 360 000	2 379 380 000	2 498 467 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 141 000	3 932 000	3 902 000	3 839 000
Revenue	4 141 000	3 932 000	3 902 000	3 839 000
Cost of Goods Sold	0	0	0	0
Salary Costs	571 000	571 000	551 000	571 000
Depreciation	727 000	727 000	727 000	727 000
Impairment	0	0	0	0
Expenditure	1 432 000	1 644 000	1 455 000	1 528 000
Operating Profit	2 709 000	2 288 000	2 448 000	2 312 000
Financial Income	43 655 000	111 294 000	148 901 000	59 639 000
Financial Costs	35 302 000	6 227 000	61 758 000	8 688 000
Financial Balance	8 353 000	105 067 000	87 143 000	50 951 000
Dividends	0	0	0	0
Net Income	10 989 000	105 260 000	87 737 000	52 343 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 765 000	1 670 000	1 574 000	1 483 000
Real Eastate	33 001 000	33 728 000	34 455 000	35 182 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	33 001 000	33 728 000	34 455 000	35 182 000
Total Fiancial Fixed Assets	2 642 780 000	2 436 919 000	2 277 969 000	2 232 606 000
Total Fixed Assets	2 677 547 000	2 472 316 000	2 313 997 000	2 269 270 000
Stock	0	0	0	0
Total Investments	0	0	7 000	79 121 000
Cash, Bank	0	0	0	0
Total Current Assets	14 670 000	28 043 000	65 382 000	229 196 000
Total Assets	2 692 217 000	2 500 360 000	2 379 380 000	2 498 467 000
Total Equity	1 879 829 000	1 887 396 000	1 879 902 000	1 879 060 000
Short-Term Group Debt	812 031 000	612 017 000	499 314 000	618 950 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	187 000	947 000	163 000	328 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	812 387 000	612 964 000	499 477 000	619 407 000
Total Equity and Debt	2 692 217 000	2 500 360 000	2 379 380 000	2 498 467 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,58 %	5,58 %	4,67 %	2,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	65,42 %	58,19 %	62,74 %	60,22 %
Current Ratio	0,02	0,05	0,13	0,37
Quick Ratio	0,02	0,05	0,13	0,37
Equity Ratio	0,7	0,75	0,79	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %