Skip to content
Riskpilot
← Back to search
Sign in
Get full access
VARIG TECHNOLOGIES AS
AS
Active
Org 821881072
Nedre Slottsgate 5, 0157
Oslo
Computer programming activities
·
NACE 6210
Est. 2018 · 7 years old
8 employees
Monitor
Share
Norway
/
Companies
/
Computer programming activities
/
VARIG TECHNOLOGIES AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
0M
3M
6M
9M
13M
0M
2020
0M
2021
4M
2022
7M
2023
11M
2024
EBITDA
NOK millions
0M
-4M
-8M
-11M
-15M
-4M
2020
-10M
-150%
2021
-10M
0%
2022
-12M
-20%
2023
-1M
+92%
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
239
280
4 168
6 504
10 660
Staff expenses
−3 007
−7 856
−9 720
−13 765
−8 511
EBITDA
−3 634
−10 413
−9 937
−12 294
−1 268
Depreciation & amort.
−0
−1 153
−1 727
−1 527
−2 163
EBIT
−3 634
−11 566
−11 664
−13 821
−3 431
Net financials
1
1
−110
−527
−771
Profit before tax
−3 634
−11 565
−11 773
−14 348
−4 202
Tax
−0
−0
−0
−0
−0
Net profit
−3 634
−11 565
−11 773
−14 348
−4 202
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
11 851
31 605
31 785
25 115
25 324
Equity
7 447
26 902
20 128
9 492
5 290
Long-term debt
2 388
2 400
6 400
6 400
8 675
Short-term debt
2 015
2 304
5 257
9 224
11 358
Total debt
4 403
4 704
11 657
15 624
20 033
Financial ratios
5-year trend
EBITDA margin
-11.9%
This company
15.8%
Market median
-175% vs market
2020
2024
Equity ratio
20.9%
This company
38.2%
Market median
-45% vs market
2020
2024
Return on equity
-79.4%
This company
18.4%
Market median
-532% vs market
2020
2024
Net profit margin
-39.4%
This company
8.1%
Market median
-586% vs market
2020
2024
Asset turnover
0.42×
This company
1.12×
Market median
-63% vs market
2020
2024
Debt / equity
3.79×
This company
0.62×
Market median
-511% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
More on VARIG TECHNOLOGIES AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network