VÅRSØG EIENDOM AS

6507 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

9,24 %

Current Ratio

0,35

Debt-to-Equity Ratio

2,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	685 000	461 000	487 000	539 000
Net Income	124 000	61 000	100 000	118 000
Total Assets	5 441 000	5 333 000	5 460 000	5 540 000
Total Equity	1 342 000	1 218 000	1 157 000	1 057 000

Income (NOK)	2022	2021	2020	2019
Revenue	685 000	461 000	487 000	539 000
Expenditure	329 000	231 000	211 000	218 000
Operating Profit	356 000	230 000	276 000	322 000
Financial Income	0	0	19 000	0
Financial Costs	197 000	152 000	168 000	171 000
Financial Balance	−197 000	−152 000	−149 000	−171 000
Earnings Before Tax	159 000	79 000	128 000	151 000
Tax	35 000	17 000	28 000	33 000
Net Income	124 000	61 000	100 000	118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 199 000	5 179 000	5 370 000	5 500 000
Total Current Assets	242 000	154 000	91 000	40 000
Total Assets	5 441 000	5 333 000	5 460 000	5 540 000
Total Retained Equity	973 000	849 000	788 000	688 000
Total Equity	1 342 000	1 218 000	1 157 000	1 057 000
Total Long-Term Debt	3 397 000	3 701 000	4 006 000	4 315 000
Total Current Debt	701 000	413 000	298 000	168 000
Total Equity and Debt	5 441 000	5 333 000	5 460 000	5 540 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	685 000	461 000	487 000	539 000
Revenue	685 000	461 000	487 000	539 000
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	329 000	231 000	211 000	218 000
Operating Profit	356 000	230 000	276 000	322 000
Financial Income	0	0	19 000	0
Financial Costs	197 000	152 000	168 000	171 000
Financial Balance	−197 000	−152 000	−149 000	−171 000
Dividends	0	0	0	0
Net Income	124 000	61 000	100 000	118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	0	0	0
Real Eastate	5 179 000	5 179 000	5 179 000	5 179 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 179 000	5 179 000	5 179 000	5 179 000
Total Fiancial Fixed Assets	0	0	190 000	321 000
Total Fixed Assets	5 199 000	5 179 000	5 370 000	5 500 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	30 000	40 000	33 000	13 000
Total Current Assets	242 000	154 000	91 000	40 000
Total Assets	5 441 000	5 333 000	5 460 000	5 540 000
Total Equity	1 342 000	1 218 000	1 157 000	1 057 000
Short-Term Group Debt	0	60 000	0	0
Total Long-Term Debt	3 397 000	3 701 000	4 006 000	4 315 000
Creditors	28 000	0	1 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	269 000	336 000	269 000	130 000
Total Current Debt	701 000	413 000	298 000	168 000
Total Equity and Debt	5 441 000	5 333 000	5 460 000	5 540 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,24 %	5,01 %	8,64 %	11,16 %
Debt-to-Equity Ratio	2,53	3,04	3,46	4,08
Operating Profit Margin	51,97 %	49,89 %	56,67 %	59,74 %
Current Ratio	0,35	0,37	0,31	0,24
Quick Ratio	0,35	0,37	0,31	0,24
Equity Ratio	0,25	0,23	0,21	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %