VÆRSTE FORVALTNING AS

1671 KRÅKERØY

Finances

Share Ownership

Return on Equity

82,79 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 412 000	3 611 000	2 703 000	2 654 000
Net Income	789 000	138 000	1 001 000	1 494 000
Total Assets	10 759 000	6 268 000	6 426 000	7 667 000
Total Equity	953 000	862 000	862 000	823 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 412 000	3 611 000	2 703 000	2 654 000
Expenditure	2 498 000	3 440 000	1 410 000	756 000
Operating Profit	914 000	172 000	1 293 000	1 898 000
Financial Income	99 000	11 000	28 000	50 000
Financial Costs	1 000	5 000	37 000	33 000
Financial Balance	98 000	6 000	−9 000	17 000
Earnings Before Tax	1 011 000	177 000	1 284 000	1 915 000
Tax	222 000	39 000	282 000	421 000
Net Income	789 000	138 000	1 001 000	1 494 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	569 000	805 000	621 000	642 000
Total Current Assets	10 190 000	5 463 000	5 805 000	7 026 000
Total Assets	10 759 000	6 268 000	6 426 000	7 667 000
Total Retained Equity	546 000	456 000	456 000	417 000
Total Equity	953 000	862 000	862 000	823 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 806 000	5 405 000	5 564 000	6 844 000
Total Equity and Debt	10 759 000	6 268 000	6 426 000	7 667 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 412 000	3 611 000	2 703 000	2 654 000
Revenue	3 412 000	3 611 000	2 703 000	2 654 000
Cost of Goods Sold	0	1 234 000	0	0
Salary Costs	0	0	0	0
Depreciation	230 000	172 000	216 000	295 000
Impairment	0	0	0	0
Expenditure	2 498 000	3 440 000	1 410 000	756 000
Operating Profit	914 000	172 000	1 293 000	1 898 000
Financial Income	99 000	11 000	28 000	50 000
Financial Costs	1 000	5 000	37 000	33 000
Financial Balance	98 000	6 000	−9 000	17 000
Dividends	0	0	0	0
Net Income	789 000	138 000	1 001 000	1 494 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	64 000	89 000	89 000	100 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	396 000	582 000	326 000	541 000
Total Tangible Assets	396 000	582 000	326 000	541 000
Total Fiancial Fixed Assets	109 000	134 000	206 000	0
Total Fixed Assets	569 000	805 000	621 000	642 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	10 190 000	5 463 000	5 805 000	7 026 000
Total Assets	10 759 000	6 268 000	6 426 000	7 667 000
Total Equity	953 000	862 000	862 000	823 000
Short-Term Group Debt	2 883 000	1 882 000	3 518 000	5 006 000
Total Long-Term Debt	0	0	0	0
Creditors	5 586 000	3 250 000	2 026 000	1 741 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 337 000	273 000	20 000	97 000
Total Current Debt	9 806 000	5 405 000	5 564 000	6 844 000
Total Equity and Debt	10 759 000	6 268 000	6 426 000	7 667 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,79 %	16,01 %	116,13 %	181,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,79 %	4,76 %	47,84 %	71,51 %
Current Ratio	1,04	1,01	1,04	1,03
Quick Ratio	1,04	1,01	1,04	1,03
Equity Ratio	0,09	0,14	0,13	0,11
Gross Profit Margin	100 %	65,83 %	100 %	100 %