VAREN 30 AS

4633 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−50,48 %

Current Ratio

2,03

Debt-to-Equity Ratio

4,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	471 000	58 000	234 000	394 000
Net Income	−471 000	−3 284 000	−19 000	95 000
Total Assets	5 672 000	10 342 000	5 542 000	5 602 000
Total Equity	933 000	941 000	941 000	961 000

Income (NOK)	2022	2021	2020	2019
Revenue	471 000	58 000	234 000	394 000
Expenditure	985 000	4 253 000	261 000	271 000
Operating Profit	−514 000	−4 195 000	−27 000	122 000
Financial Income	17 000	0	2 000	0
Financial Costs	107 000	15 000	0	0
Financial Balance	−90 000	−15 000	2 000	0
Earnings Before Tax	−604 000	−4 210 000	−25 000	122 000
Tax	−133 000	−926 000	−6 000	27 000
Net Income	−471 000	−3 284 000	−19 000	95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 047 000	5 225 000	5 403 000	5 581 000
Total Current Assets	625 000	5 117 000	139 000	21 000
Total Assets	5 672 000	10 342 000	5 542 000	5 602 000
Total Retained Equity	−4 360 000	−3 890 000	−606 000	−586 000
Total Equity	933 000	941 000	941 000	961 000
Total Long-Term Debt	4 431 000	8 916 000	4 596 000	4 603 000
Total Current Debt	308 000	485 000	5 000	38 000
Total Equity and Debt	5 672 000	10 342 000	5 542 000	5 602 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	471 000	0	0	0
Other Income	0	58 000	234 000	394 000
Revenue	471 000	58 000	234 000	394 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	178 000	178 000	178 000	178 000
Impairment	0	0	0	0
Expenditure	985 000	4 253 000	261 000	271 000
Operating Profit	−514 000	−4 195 000	−27 000	122 000
Financial Income	17 000	0	2 000	0
Financial Costs	107 000	15 000	0	0
Financial Balance	−90 000	−15 000	2 000	0
Dividends	0	0	0	0
Net Income	−471 000	−3 284 000	−19 000	95 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 047 000	5 225 000	5 403 000	5 581 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 047 000	5 225 000	5 403 000	5 581 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 047 000	5 225 000	5 403 000	5 581 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	4 000
Total Current Assets	625 000	5 117 000	139 000	21 000
Total Assets	5 672 000	10 342 000	5 542 000	5 602 000
Total Equity	933 000	941 000	941 000	961 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 431 000	8 916 000	4 596 000	4 603 000
Creditors	2 000	481 000	3 000	17 000
Unpaid Taxes	1 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	305 000	4 000	2 000	0
Total Current Debt	308 000	485 000	5 000	38 000
Total Equity and Debt	5 672 000	10 342 000	5 542 000	5 602 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−50,48 %	−348,99 %	−2,02 %	9,89 %
Debt-to-Equity Ratio	4,75	9,48	4,88	4,79
Operating Profit Margin	−109,13 %	−7 232,76 %	−11,54 %	30,96 %
Current Ratio	2,03	10,55	27,8	0,55
Quick Ratio	2,03	10,55	27,8	0,55
Equity Ratio	0,16	0,09	0,17	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %