VARDEN EIENDOMSUTVIKLING AS

0161 OSLO

Finances

Share Ownership

Return on Equity

−48,97 %

Current Ratio

49,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	123 000	11 868 000	47 437 000	126 149 000
Net Income	−333 000	1 902 000	10 241 000	25 127 000
Total Assets	691 000	2 722 000	32 677 000	63 075 000
Total Equity	680 000	2 013 000	24 361 000	24 275 000

Income (NOK)	2022	2021	2020	2019
Revenue	123 000	11 868 000	47 437 000	126 149 000
Expenditure	472 000	9 416 000	34 292 000	93 950 000
Operating Profit	−349 000	2 452 000	13 145 000	32 199 000
Financial Income	15 000	45 000	192 000	15 000
Financial Costs	0	58 000	194 000	0
Financial Balance	15 000	−13 000	−2 000	15 000
Earnings Before Tax	−333 000	2 439 000	13 143 000	32 214 000
Tax	0	537 000	2 901 000	7 087 000
Net Income	−333 000	1 902 000	10 241 000	25 127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	151 000	151 000	151 000	151 000
Total Current Assets	540 000	2 571 000	32 526 000	62 924 000
Total Assets	691 000	2 722 000	32 677 000	63 075 000
Total Retained Equity	576 000	1 909 000	24 257 000	24 171 000
Total Equity	680 000	2 013 000	24 361 000	24 275 000
Total Long-Term Debt	0	0	172 000	631 000
Total Current Debt	11 000	708 000	8 144 000	38 169 000
Total Equity and Debt	691 000	2 722 000	32 677 000	63 075 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	123 000	11 868 000	47 437 000	126 149 000
Revenue	123 000	11 868 000	47 437 000	126 149 000
Cost of Goods Sold	0	9 204 000	33 893 000	93 399 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	472 000	9 416 000	34 292 000	93 950 000
Operating Profit	−349 000	2 452 000	13 145 000	32 199 000
Financial Income	15 000	45 000	192 000	15 000
Financial Costs	0	58 000	194 000	0
Financial Balance	15 000	−13 000	−2 000	15 000
Dividends	1 000 000	24 250 000	10 155 000	0
Net Income	−333 000	1 902 000	10 241 000	25 127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	151 000	151 000	151 000	151 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	151 000	151 000	151 000	151 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	151 000	151 000	151 000	151 000
Stock	152 000	304 000	9 182 000	46 729 000
Total Investments	0	0	0	0
Cash, Bank	388 000	2 267 000	23 232 000	15 912 000
Total Current Assets	540 000	2 571 000	32 526 000	62 924 000
Total Assets	691 000	2 722 000	32 677 000	63 075 000
Total Equity	680 000	2 013 000	24 361 000	24 275 000
Short-Term Group Debt	0	0	0	2 995 000
Total Long-Term Debt	0	0	172 000	631 000
Creditors	11 000	0	349 000	10 527 000
Unpaid Taxes	0	0	0	0
Dividends	1 000 000	24 250 000	10 155 000	0
Other Current Debt	0	0	4 435 000	0
Total Current Debt	11 000	708 000	8 144 000	38 169 000
Total Equity and Debt	691 000	2 722 000	32 677 000	63 075 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,97 %	94,49 %	42,04 %	103,51 %
Debt-to-Equity Ratio	0	0	0,01	0,03
Operating Profit Margin	−283,74 %	20,66 %	27,71 %	25,52 %
Current Ratio	49,09	3,63	3,99	1,65
Quick Ratio	−3,83	6,36	−31,34	−7,35
Equity Ratio	0,98	0,74	0,75	0,38
Gross Profit Margin	100 %	22,45 %	28,55 %	25,96 %