VARANGER KRAFTVIND AS

9800 VADSØ

Finances

Share Ownership

Return on Equity

8,58 %

Current Ratio

2,1

Debt-to-Equity Ratio

2,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	141 828 000	72 453 000	38 936 000	82 527 000
Net Income	25 739 000	2 270 000	−16 058 000	8 532 000
Total Assets	1 004 114 000	914 595 000	689 973 000	577 035 000
Total Equity	299 833 000	274 018 000	271 630 000	288 260 000

Income (NOK)	2022	2021	2020	2019
Revenue	141 828 000	72 453 000	38 936 000	82 527 000
Expenditure	88 754 000	65 365 000	55 714 000	63 269 000
Operating Profit	53 074 000	7 088 000	−16 777 000	19 258 000
Financial Income	1 762 000	242 000	1 710 000	1 282 000
Financial Costs	21 795 000	4 389 000	5 512 000	9 572 000
Financial Balance	−20 033 000	−4 147 000	−3 802 000	−8 290 000
Earnings Before Tax	33 041 000	2 941 000	−20 579 000	10 968 000
Tax	7 302 000	670 000	−4 521 000	2 435 000
Net Income	25 739 000	2 270 000	−16 058 000	8 532 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	914 736 000	848 230 000	621 167 000	497 337 000
Total Current Assets	89 378 000	66 365 000	68 807 000	79 698 000
Total Assets	1 004 114 000	914 595 000	689 973 000	577 035 000
Total Retained Equity	19 767 000	−6 048 000	−8 437 000	8 193 000
Total Equity	299 833 000	274 018 000	271 630 000	288 260 000
Total Long-Term Debt	661 732 000	578 136 000	327 442 000	269 460 000
Total Current Debt	42 548 000	62 440 000	90 901 000	19 315 000
Total Equity and Debt	1 004 114 000	914 595 000	689 973 000	577 035 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	141 741 000	71 720 000	38 417 000	82 055 000
Other Income	87 000	733 000	520 000	473 000
Revenue	141 828 000	72 453 000	38 936 000	82 527 000
Cost of Goods Sold	11 245 000	11 654 000	6 065 000	15 343 000
Salary Costs	1 466 000	1 244 000	1 182 000	1 156 000
Depreciation	39 752 000	29 489 000	28 597 000	28 404 000
Impairment	0	0	0	0
Expenditure	88 754 000	65 365 000	55 714 000	63 269 000
Operating Profit	53 074 000	7 088 000	−16 777 000	19 258 000
Financial Income	1 762 000	242 000	1 710 000	1 282 000
Financial Costs	21 795 000	4 389 000	5 512 000	9 572 000
Financial Balance	−20 033 000	−4 147 000	−3 802 000	−8 290 000
Dividends	0	0	0	0
Net Income	25 739 000	2 270 000	−16 058 000	8 532 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	912 271 000	845 712 000	618 264 000	497 124 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 465 000	2 518 000	2 903 000	212 000
Total Tangible Assets	914 736 000	848 230 000	621 167 000	497 337 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	914 736 000	848 230 000	621 167 000	497 337 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	54 609 000	52 872 000	60 249 000	71 901 000
Total Current Assets	89 378 000	66 365 000	68 807 000	79 698 000
Total Assets	1 004 114 000	914 595 000	689 973 000	577 035 000
Total Equity	299 833 000	274 018 000	271 630 000	288 260 000
Short-Term Group Debt	0	0	79 400 000	3 000 000
Total Long-Term Debt	661 732 000	578 136 000	327 442 000	269 460 000
Creditors	17 210 000	47 534 000	2 205 000	3 227 000
Unpaid Taxes	58 000	46 000	5 921 000	7 553 000
Dividends	0	0	0	0
Other Current Debt	25 281 000	14 860 000	3 376 000	2 418 000
Total Current Debt	42 548 000	62 440 000	90 901 000	19 315 000
Total Equity and Debt	1 004 114 000	914 595 000	689 973 000	577 035 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,58 %	0,83 %	−5,91 %	2,96 %
Debt-to-Equity Ratio	2,21	2,11	1,21	0,93
Operating Profit Margin	37,42 %	9,78 %	−43,09 %	23,34 %
Current Ratio	2,1	1,06	0,76	4,13
Quick Ratio	2,1	1,06	0,76	4,13
Equity Ratio	0,3	0,3	0,39	0,5
Gross Profit Margin	92,07 %	83,92 %	84,42 %	81,41 %