VÅRS HOLDING AS

3735 SKIEN

Finances

Return on Equity

36 %

Current Ratio

0,22

Debt-to-Equity Ratio

25,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 712 000	1 862 000	1 901 000	2 677 000
Net Income	126 000	164 000	−17 000	389 000
Total Assets	9 884 000	9 946 000	10 032 000	10 385 000
Total Equity	350 000	224 000	61 000	78 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 712 000	1 862 000	1 901 000	2 677 000
Expenditure	1 096 000	1 334 000	1 452 000	1 693 000
Operating Profit	616 000	527 000	450 000	984 000
Financial Income	0	0	0	0
Financial Costs	455 000	360 000	467 000	595 000
Financial Balance	−455 000	−360 000	−467 000	−595 000
Earnings Before Tax	161 000	167 000	−17 000	389 000
Tax	35 000	4 000	0	0
Net Income	126 000	164 000	−17 000	389 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 754 000	9 764 000	9 776 000	9 796 000
Total Current Assets	130 000	182 000	256 000	589 000
Total Assets	9 884 000	9 946 000	10 032 000	10 385 000
Total Retained Equity	311 000	185 000	22 000	39 000
Total Equity	350 000	224 000	61 000	78 000
Total Long-Term Debt	8 949 000	9 307 000	9 807 000	9 863 000
Total Current Debt	585 000	414 000	164 000	444 000
Total Equity and Debt	9 884 000	9 946 000	10 032 000	10 385 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	71 000	400 000	558 000	1 315 000
Other Income	1 640 000	1 462 000	1 343 000	1 362 000
Revenue	1 712 000	1 862 000	1 901 000	2 677 000
Cost of Goods Sold	75 000	280 000	355 000	79 000
Salary Costs	0	0	0	0
Depreciation	10 000	12 000	20 000	27 000
Impairment	0	0	0	0
Expenditure	1 096 000	1 334 000	1 452 000	1 693 000
Operating Profit	616 000	527 000	450 000	984 000
Financial Income	0	0	0	0
Financial Costs	455 000	360 000	467 000	595 000
Financial Balance	−455 000	−360 000	−467 000	−595 000
Dividends	0	0	0	0
Net Income	126 000	164 000	−17 000	389 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	20 000	32 000	52 000
Total Tangible Assets	10 000	20 000	32 000	52 000
Total Fiancial Fixed Assets	9 744 000	9 744 000	9 744 000	9 744 000
Total Fixed Assets	9 754 000	9 764 000	9 776 000	9 796 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	37 000	14 000	18 000	72 000
Total Current Assets	130 000	182 000	256 000	589 000
Total Assets	9 884 000	9 946 000	10 032 000	10 385 000
Total Equity	350 000	224 000	61 000	78 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 949 000	9 307 000	9 807 000	9 863 000
Creditors	417 000	332 000	112 000	417 000
Unpaid Taxes	26 000	30 000	0	27 000
Dividends	0	0	0	0
Other Current Debt	108 000	52 000	52 000	0
Total Current Debt	585 000	414 000	164 000	444 000
Total Equity and Debt	9 884 000	9 946 000	10 032 000	10 385 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36 %	73,21 %	−27,87 %	498,72 %
Debt-to-Equity Ratio	25,57	41,55	160,77	126,45
Operating Profit Margin	35,98 %	28,3 %	23,67 %	36,76 %
Current Ratio	0,22	0,44	1,56	1,33
Quick Ratio	0,22	0,44	1,56	1,33
Equity Ratio	0,04	0,02	0,01	0,01
Gross Profit Margin	95,62 %	84,96 %	81,33 %	97,05 %