VÅRES AS

4520 LINDESNES

Finances

Share Ownership

Return on Equity

1,12 %

Current Ratio

26,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 000	41 000	74 000	22 000
Net Income	16 000	6 000	8 000	−13 000
Total Assets	1 494 000	1 464 000	1 816 000	2 782 000
Total Equity	1 431 000	1 415 000	1 760 000	2 752 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 000	41 000	74 000	22 000
Expenditure	24 000	33 000	65 000	42 000
Operating Profit	21 000	8 000	10 000	−21 000
Financial Income	0	0	1 000	4 000
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	1 000	4 000
Earnings Before Tax	21 000	7 000	10 000	−17 000
Tax	5 000	2 000	2 000	−4 000
Net Income	16 000	6 000	8 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	688 000	694 000	702 000	715 000
Total Current Assets	806 000	770 000	1 114 000	2 067 000
Total Assets	1 494 000	1 464 000	1 816 000	2 782 000
Total Retained Equity	1 371 000	1 355 000	1 700 000	2 692 000
Total Equity	1 431 000	1 415 000	1 760 000	2 752 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	30 000	49 000	57 000	31 000
Total Equity and Debt	1 461 000	1 464 000	1 816 000	2 782 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	45 000	41 000	74 000	22 000
Revenue	45 000	41 000	74 000	22 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	5 000	7 000	11 000	9 000
Impairment	0	0	0	0
Expenditure	24 000	33 000	65 000	42 000
Operating Profit	21 000	8 000	10 000	−21 000
Financial Income	0	0	1 000	4 000
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	1 000	4 000
Dividends	0	0	0	0
Net Income	16 000	6 000	8 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	3 000	5 000
Real Eastate	667 000	667 000	667 000	667 000
Machinery and Plant Facilities	21 000	27 000	33 000	44 000
Fixtures	0	0	0	0
Total Tangible Assets	688 000	693 000	700 000	710 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	688 000	694 000	702 000	715 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	806 000	770 000	1 109 000	2 058 000
Total Current Assets	806 000	770 000	1 114 000	2 067 000
Total Assets	1 494 000	1 464 000	1 816 000	2 782 000
Total Equity	1 431 000	1 415 000	1 760 000	2 752 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	20 000	26 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	30 000	29 000	31 000	31 000
Total Current Debt	30 000	49 000	57 000	31 000
Total Equity and Debt	1 461 000	1 464 000	1 816 000	2 782 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,12 %	0,42 %	0,45 %	−0,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	46,67 %	19,51 %	13,51 %	−95,45 %
Current Ratio	26,87	15,71	19,54	66,68
Quick Ratio	26,87	15,71	19,54	66,68
Equity Ratio	0,96	0,97	0,97	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %