VARTA CONSUMER NORWAY AS

0191 OSLO

Finances

Share Ownership

Return on Equity

28,43 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 562 000	26 234 000	22 873 000	10 265 000
Net Income	1 012 000	498 000	1 207 000	483 000
Total Assets	10 334 000	12 063 000	7 330 000	3 748 000
Total Equity	3 559 000	2 547 000	2 049 000	860 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 562 000	26 234 000	22 873 000	10 265 000
Expenditure	28 649 000	25 515 000	21 200 000	9 679 000
Operating Profit	912 000	719 000	1 673 000	586 000
Financial Income	746 000	133 000	386 000	96 000
Financial Costs	324 000	201 000	507 000	64 000
Financial Balance	422 000	−68 000	−121 000	32 000
Earnings Before Tax	1 334 000	650 000	1 552 000	619 000
Tax	322 000	152 000	345 000	136 000
Net Income	1 012 000	498 000	1 207 000	483 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	14 000	19 000	31 000
Total Current Assets	10 325 000	12 049 000	7 310 000	3 717 000
Total Assets	10 334 000	12 063 000	7 330 000	3 748 000
Total Retained Equity	3 459 000	0	1 949 000	760 000
Total Equity	3 559 000	2 547 000	2 049 000	860 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 775 000	9 516 000	5 281 000	2 888 000
Total Equity and Debt	10 334 000	12 063 000	7 330 000	3 748 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 562 000	26 234 000	22 873 000	10 265 000
Other Income	0	0	0	0
Revenue	29 562 000	26 234 000	22 873 000	10 265 000
Cost of Goods Sold	21 768 000	20 852 000	14 732 000	3 541 000
Salary Costs	1 283 000	1 462 000	1 558 000	1 240 000
Depreciation	0	5 000	13 000	6 000
Impairment	0	0	0	0
Expenditure	28 649 000	25 515 000	21 200 000	9 679 000
Operating Profit	912 000	719 000	1 673 000	586 000
Financial Income	746 000	133 000	386 000	96 000
Financial Costs	324 000	201 000	507 000	64 000
Financial Balance	422 000	−68 000	−121 000	32 000
Dividends	0	0	0	0
Net Income	1 012 000	498 000	1 207 000	483 000

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	10 000	0	0	0
Fixtures	0	14 000	19 000	13 000
Total Tangible Assets	10 000	14 000	19 000	13 000
Total Fiancial Fixed Assets	0	0	0	18 000
Total Fixed Assets	10 000	14 000	19 000	31 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 260 000	5 404 000	2 389 000	1 824 000
Total Current Assets	10 325 000	12 049 000	7 310 000	3 717 000
Total Assets	10 334 000	12 063 000	7 330 000	3 748 000
Total Equity	3 559 000	2 547 000	2 049 000	860 000
Short-Term Group Debt	2 751 000	0	2 268 000	2 048 000
Total Long-Term Debt	0	0	0	0
Creditors	0	259 000	214 000	62 000
Unpaid Taxes	880 000	1 338 000	850 000	337 000
Dividends	0	0	0	0
Other Current Debt	2 640 000	3 128 000	1 600 000	492 000
Total Current Debt	6 775 000	9 516 000	5 281 000	2 888 000
Total Equity and Debt	10 334 000	12 063 000	7 330 000	3 748 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,43 %	19,55 %	58,91 %	56,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,09 %	2,74 %	7,31 %	5,71 %
Current Ratio	1,52	1,27	1,38	1,29
Quick Ratio	1,52	1,27	1,38	1,29
Equity Ratio	0,34	0,21	0,28	0,23
Gross Profit Margin	26,36 %	20,52 %	35,59 %	65,5 %