VARDEN UTVIKLING AS

3721 SKIEN

Finances

Share Ownership

Return on Equity

−11,82 %

Current Ratio

76,67

Debt-to-Equity Ratio

2,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−302 000	−187 000	−266 000	−270 000
Total Assets	8 858 000	8 593 000	8 581 000	8 606 000
Total Equity	2 555 000	1 990 000	2 177 000	2 043 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	48 000	20 000	28 000	23 000
Operating Profit	−48 000	−20 000	−28 000	−23 000
Financial Income	0	0	0	0
Financial Costs	254 000	167 000	238 000	246 000
Financial Balance	−254 000	−167 000	−238 000	−246 000
Earnings Before Tax	−302 000	−187 000	−266 000	−270 000
Tax	0	0	0	0
Net Income	−302 000	−187 000	−266 000	−270 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 627 000	8 577 000	8 562 000	8 492 000
Total Current Assets	230 000	16 000	19 000	114 000
Total Assets	8 858 000	8 593 000	8 581 000	8 606 000
Total Retained Equity	0	0	0	0
Total Equity	2 555 000	1 990 000	2 177 000	2 043 000
Total Long-Term Debt	6 300 000	6 300 000	6 300 000	6 300 000
Total Current Debt	3 000	303 000	104 000	263 000
Total Equity and Debt	8 858 000	8 593 000	8 581 000	8 606 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	48 000	20 000	28 000	23 000
Operating Profit	−48 000	−20 000	−28 000	−23 000
Financial Income	0	0	0	0
Financial Costs	254 000	167 000	238 000	246 000
Financial Balance	−254 000	−167 000	−238 000	−246 000
Dividends	0	0	0	0
Net Income	−302 000	−187 000	−266 000	−270 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 627 000	8 577 000	8 562 000	8 492 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 627 000	8 577 000	8 562 000	8 492 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 627 000	8 577 000	8 562 000	8 492 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	230 000	16 000	19 000	114 000
Total Current Assets	230 000	16 000	19 000	114 000
Total Assets	8 858 000	8 593 000	8 581 000	8 606 000
Total Equity	2 555 000	1 990 000	2 177 000	2 043 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 300 000	6 300 000	6 300 000	6 300 000
Creditors	0	2 000	2 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	302 000	102 000	260 000
Total Current Debt	3 000	303 000	104 000	263 000
Total Equity and Debt	8 858 000	8 593 000	8 581 000	8 606 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,82 %	−9,4 %	−12,22 %	−13,22 %
Debt-to-Equity Ratio	2,47	3,17	2,89	3,08
Operating Profit Margin	-	-	-	-
Current Ratio	76,67	0,05	0,18	0,43
Quick Ratio	76,67	0,05	0,18	0,43
Equity Ratio	0,29	0,23	0,25	0,24
Gross Profit Margin	-	-	-	-