VÅRVEIEN 51 AS

1182 OSLO

Finances

Share Ownership

Return on Equity

5,43 %

Current Ratio

0,37

Debt-to-Equity Ratio

−2,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 208 000	1 542 000	1 163 000	1 200 000
Net Income	−70 000	554 000	−309 000	−172 000
Total Assets	2 146 000	7 180 000	6 992 000	7 151 000
Total Equity	−1 289 000	−1 219 000	−1 773 000	−1 463 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 208 000	1 542 000	1 163 000	1 200 000
Expenditure	959 000	668 000	1 119 000	1 004 000
Operating Profit	249 000	874 000	45 000	196 000
Financial Income	1 000	0	0	0
Financial Costs	321 000	320 000	354 000	368 000
Financial Balance	−320 000	−320 000	−354 000	−368 000
Earnings Before Tax	−70 000	554 000	−309 000	−172 000
Tax	0	0	0	0
Net Income	−70 000	554 000	−309 000	−172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 959 000	6 687 000	2 052 000	2 280 000
Total Current Assets	187 000	493 000	4 939 000	4 870 000
Total Assets	2 146 000	7 180 000	6 992 000	7 151 000
Total Retained Equity	−1 389 000	−1 319 000	−1 873 000	−1 563 000
Total Equity	−1 289 000	−1 219 000	−1 773 000	−1 463 000
Total Long-Term Debt	2 932 000	8 013 000	8 425 000	8 418 000
Total Current Debt	504 000	387 000	339 000	196 000
Total Equity and Debt	2 146 000	7 180 000	6 992 000	7 151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	1 000	0
Other Income	1 208 000	1 542 000	1 162 000	1 200 000
Revenue	1 208 000	1 542 000	1 163 000	1 200 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	97 000	97 000	114 000	193 000
Impairment	0	0	0	0
Expenditure	959 000	668 000	1 119 000	1 004 000
Operating Profit	249 000	874 000	45 000	196 000
Financial Income	1 000	0	0	0
Financial Costs	321 000	320 000	354 000	368 000
Financial Balance	−320 000	−320 000	−354 000	−368 000
Dividends	0	0	0	0
Net Income	−70 000	554 000	−309 000	−172 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 845 000	1 942 000	2 038 000	2 146 000
Machinery and Plant Facilities	0	0	14 000	14 000
Fixtures	14 000	14 000	0	120 000
Total Tangible Assets	1 859 000	1 956 000	2 052 000	2 280 000
Total Fiancial Fixed Assets	100 000	4 732 000	0	0
Total Fixed Assets	1 959 000	6 687 000	2 052 000	2 280 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	57 000	204 000	50 000	15 000
Total Current Assets	187 000	493 000	4 939 000	4 870 000
Total Assets	2 146 000	7 180 000	6 992 000	7 151 000
Total Equity	−1 289 000	−1 219 000	−1 773 000	−1 463 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 932 000	8 013 000	8 425 000	8 418 000
Creditors	295 000	75 000	64 000	0
Unpaid Taxes	−47 000	29 000	29 000	0
Dividends	0	0	0	0
Other Current Debt	255 000	283 000	247 000	196 000
Total Current Debt	504 000	387 000	339 000	196 000
Total Equity and Debt	2 146 000	7 180 000	6 992 000	7 151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,43 %	−45,45 %	17,43 %	11,76 %
Debt-to-Equity Ratio	−2,27	−6,57	−4,75	−5,75
Operating Profit Margin	20,61 %	56,68 %	3,87 %	16,33 %
Current Ratio	0,37	1,27	14,57	24,85
Quick Ratio	0,37	1,27	14,57	24,85
Equity Ratio	−0,6	−0,17	−0,25	−0,2
Gross Profit Margin	100 %	100 %	100 %	100 %