VARHOLMEN SHIPPING AS

1394 NESBRU

Finances

Return on Equity

4,89 %

Current Ratio

100,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	118 000	4 693 000	−190 000	10 564 000
Total Assets	2 432 000	5 323 000	5 046 000	11 573 000
Total Equity	2 415 000	5 296 000	5 003 000	6 193 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	36 000	33 000	42 000	29 000
Operating Profit	−36 000	−33 000	−42 000	−29 000
Financial Income	147 000	4 750 000	−158 000	10 657 000
Financial Costs	0	0	0	0
Financial Balance	147 000	4 750 000	−158 000	10 657 000
Earnings Before Tax	111 000	4 717 000	−200 000	10 628 000
Tax	−7 000	24 000	−10 000	64 000
Net Income	118 000	4 693 000	−190 000	10 564 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	826 000	826 000	361 000	361 000
Total Current Assets	1 606 000	4 497 000	4 685 000	11 212 000
Total Assets	2 432 000	5 323 000	5 046 000	11 573 000
Total Retained Equity	2 315 000	5 196 000	4 903 000	6 093 000
Total Equity	2 415 000	5 296 000	5 003 000	6 193 000
Total Long-Term Debt	1 000	24 000	0	53 000
Total Current Debt	16 000	3 000	43 000	5 327 000
Total Equity and Debt	2 432 000	5 323 000	5 046 000	11 573 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	36 000	33 000	42 000	29 000
Operating Profit	−36 000	−33 000	−42 000	−29 000
Financial Income	147 000	4 750 000	−158 000	10 657 000
Financial Costs	0	0	0	0
Financial Balance	147 000	4 750 000	−158 000	10 657 000
Dividends	0	4 400 000	1 000 000	7 300 000
Net Income	118 000	4 693 000	−190 000	10 564 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	826 000	826 000	361 000	361 000
Total Fixed Assets	826 000	826 000	361 000	361 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	888 000	697 000	3 285 000	3 181 000
Total Current Assets	1 606 000	4 497 000	4 685 000	11 212 000
Total Assets	2 432 000	5 323 000	5 046 000	11 573 000
Total Equity	2 415 000	5 296 000	5 003 000	6 193 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	24 000	0	53 000
Creditors	0	3 000	0	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	4 400 000	1 000 000	7 300 000
Other Current Debt	0	0	0	800 000
Total Current Debt	16 000	3 000	43 000	5 327 000
Total Equity and Debt	2 432 000	5 323 000	5 046 000	11 573 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,89 %	88,61 %	−3,8 %	170,58 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	-	-	-	-
Current Ratio	100,38	1 499	108,95	2,1
Quick Ratio	100,38	1 499	108,95	2,1
Equity Ratio	0,99	0,99	0,99	0,54
Gross Profit Margin	-	-	-	-