VARNAVEIEN HANDELSPARK AS

0661 OSLO

Finances

Share Ownership

Return on Equity

18,13 %

Current Ratio

0,74

Debt-to-Equity Ratio

4,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 520 000	18 816 000	20 789 000	23 627 000
Net Income	4 808 000	5 838 000	10 620 000	12 301 000
Total Assets	146 622 000	151 163 000	150 317 000	151 444 000
Total Equity	26 514 000	22 780 000	21 080 000	19 166 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 520 000	18 816 000	20 789 000	23 627 000
Expenditure	6 530 000	6 461 000	5 257 000	4 841 000
Operating Profit	10 990 000	12 355 000	15 532 000	18 786 000
Financial Income	398 000	317 000	182 000	69 000
Financial Costs	5 526 000	5 188 000	2 098 000	3 084 000
Financial Balance	−5 128 000	−4 871 000	−1 916 000	−3 015 000
Earnings Before Tax	5 862 000	7 485 000	13 615 000	15 771 000
Tax	1 053 000	1 647 000	2 995 000	3 470 000
Net Income	4 808 000	5 838 000	10 620 000	12 301 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	145 102 000	147 901 000	149 672 000	147 537 000
Total Current Assets	1 521 000	3 262 000	645 000	3 907 000
Total Assets	146 622 000	151 163 000	150 317 000	151 444 000
Total Retained Equity	21 259 000	17 524 000	15 825 000	13 910 000
Total Equity	26 514 000	22 780 000	21 080 000	19 166 000
Total Long-Term Debt	118 059 000	120 534 000	115 721 000	116 117 000
Total Current Debt	2 049 000	7 849 000	13 516 000	16 161 000
Total Equity and Debt	146 622 000	151 163 000	150 317 000	151 444 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	17 520 000	18 816 000	20 789 000	23 627 000
Revenue	17 520 000	18 816 000	20 789 000	23 627 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 521 000	1 521 000	1 522 000	1 522 000
Impairment	0	0	0	0
Expenditure	6 530 000	6 461 000	5 257 000	4 841 000
Operating Profit	10 990 000	12 355 000	15 532 000	18 786 000
Financial Income	398 000	317 000	182 000	69 000
Financial Costs	5 526 000	5 188 000	2 098 000	3 084 000
Financial Balance	−5 128 000	−4 871 000	−1 916 000	−3 015 000
Dividends	0	0	0	0
Net Income	4 808 000	5 838 000	10 620 000	12 301 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	143 018 000	144 494 000	146 015 000	147 537 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	143 018 000	144 494 000	146 015 000	147 537 000
Total Fiancial Fixed Assets	2 083 000	3 407 000	3 657 000	0
Total Fixed Assets	145 102 000	147 901 000	149 672 000	147 537 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	2 397 000	0	0
Total Current Assets	1 521 000	3 262 000	645 000	3 907 000
Total Assets	146 622 000	151 163 000	150 317 000	151 444 000
Total Equity	26 514 000	22 780 000	21 080 000	19 166 000
Short-Term Group Debt	0	5 306 000	11 161 000	13 011 000
Total Long-Term Debt	118 059 000	120 534 000	115 721 000	116 117 000
Creditors	1 188 000	611 000	734 000	610 000
Unpaid Taxes	0	0	0	−10 000
Dividends	0	0	0	0
Other Current Debt	232 000	1 932 000	913 000	1 115 000
Total Current Debt	2 049 000	7 849 000	13 516 000	16 161 000
Total Equity and Debt	146 622 000	151 163 000	150 317 000	151 444 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,13 %	25,63 %	50,38 %	64,18 %
Debt-to-Equity Ratio	4,45	5,29	5,49	6,06
Operating Profit Margin	62,73 %	65,66 %	74,71 %	79,51 %
Current Ratio	0,74	0,42	0,05	0,24
Quick Ratio	0,74	0,42	0,05	0,24
Equity Ratio	0,18	0,15	0,14	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %