VARIG FASADE AS

1596 MOSS

Finances

Return on Equity

309,85 %

Current Ratio

0,89

Debt-to-Equity Ratio

−7,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 825 000	4 915 000	8 685 000	9 533 000
Net Income	−409 000	−831 000	62 000	239 000
Total Assets	1 765 000	1 838 000	2 510 000	2 320 000
Total Equity	−132 000	277 000	1 108 000	1 046 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 825 000	4 915 000	8 685 000	9 533 000
Expenditure	6 137 000	5 795 000	8 789 000	9 128 000
Operating Profit	−311 000	−880 000	−105 000	405 000
Financial Income	0	0	200 000	2 000
Financial Costs	47 000	47 000	33 000	26 000
Financial Balance	−47 000	−47 000	167 000	−24 000
Earnings Before Tax	−358 000	−927 000	62 000	381 000
Tax	52 000	−96 000	0	142 000
Net Income	−409 000	−831 000	62 000	239 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	965 000	762 000	1 003 000	209 000
Total Current Assets	801 000	1 076 000	1 507 000	2 111 000
Total Assets	1 765 000	1 838 000	2 510 000	2 320 000
Total Retained Equity	−162 000	247 000	1 078 000	1 016 000
Total Equity	−132 000	277 000	1 108 000	1 046 000
Total Long-Term Debt	998 000	590 000	714 000	17 000
Total Current Debt	900 000	971 000	688 000	1 257 000
Total Equity and Debt	1 765 000	1 838 000	2 510 000	2 320 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 527 000	4 915 000	8 685 000	9 533 000
Other Income	299 000	0	0	0
Revenue	5 825 000	4 915 000	8 685 000	9 533 000
Cost of Goods Sold	2 365 000	2 012 000	4 284 000	4 553 000
Salary Costs	2 029 000	1 994 000	2 507 000	2 109 000
Depreciation	222 000	241 000	223 000	37 000
Impairment	0	0	0	0
Expenditure	6 137 000	5 795 000	8 789 000	9 128 000
Operating Profit	−311 000	−880 000	−105 000	405 000
Financial Income	0	0	200 000	2 000
Financial Costs	47 000	47 000	33 000	26 000
Financial Balance	−47 000	−47 000	167 000	−24 000
Dividends	0	0	0	372 000
Net Income	−409 000	−831 000	62 000	239 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	8 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	892 000	690 000	930 000	88 000
Total Tangible Assets	892 000	690 000	930 000	96 000
Total Fiancial Fixed Assets	73 000	73 000	73 000	113 000
Total Fixed Assets	965 000	762 000	1 003 000	209 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	505 000	586 000	899 000	1 030 000
Total Current Assets	801 000	1 076 000	1 507 000	2 111 000
Total Assets	1 765 000	1 838 000	2 510 000	2 320 000
Total Equity	−132 000	277 000	1 108 000	1 046 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	998 000	590 000	714 000	17 000
Creditors	95 000	91 000	79 000	86 000
Unpaid Taxes	280 000	314 000	235 000	374 000
Dividends	0	0	0	372 000
Other Current Debt	525 000	565 000	374 000	237 000
Total Current Debt	900 000	971 000	688 000	1 257 000
Total Equity and Debt	1 765 000	1 838 000	2 510 000	2 320 000

Financial indicators	2022	2021	2020	2019
Return on Equity	309,85 %	−300 %	5,6 %	22,85 %
Debt-to-Equity Ratio	−7,56	2,13	0,64	0,02
Operating Profit Margin	−5,34 %	−17,9 %	−1,21 %	4,25 %
Current Ratio	0,89	1,11	2,19	1,68
Quick Ratio	0,89	1,11	2,19	1,68
Equity Ratio	−0,07	0,15	0,44	0,45
Gross Profit Margin	59,4 %	59,06 %	50,67 %	52,24 %