Riskpilot← Back to searchSign inGet full accessVARNER BRAND STORES AS
ASActiveOrg 994335936Nesøyveien 4, 1396 BillingstadRetail sale of clothing · NACE 4771Est. 2009192 employees
Revenue 2024
NOK 125,1M
+3% vs 2023
EBITDA margin
8.8%
-23% vs 2023
Equity ratio
52.9%
Financial strength
Net profit 2024
NOK 5,7M
-32% vs 2023
| Revenue | NOK 125,1M | +3% |
| EBITDA | NOK 11M | -23% |
| Net profit | NOK 5,7M | -32% |
| Total assets | NOK 56,6M | +4% |
| Equity | NOK 29,9M | +1% |
| Employees | 192 | — |
Legal name
VARNER BRAND STORES AS
Org number
994335936
Legal form
Aksjeselskap
NACE code
4771 · Retail sale of clothing
Founded
14. september 2009
Share capital
NOK 1 100 000
Employees
192 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Olav tenden wentworth
Company purpose
Handel, produksjon og investeringer og virksomheter som står i forbindelse hermed, samt deltakelse i selskaper med samme virksomhet.
Address
Nesøyveien 4, 1396 Billingstad
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 145 698 | 129 165 | 123 608 | 121 222 | 125 066 |
| Staff expenses | −27 771 | −26 757 | −28 253 | −28 962 | −32 581 |
| EBITDA | 7 063 | 17 670 | 14 925 | 14 362 | 10 995 |
| Depreciation & amort. | −6 644 | −5 370 | −4 977 | −3 753 | −3 707 |
| EBIT | 419 | 12 300 | 9 948 | 10 609 | 7 289 |
| Net financials | −976 | 134 | 170 | 238 | 41 |
| Profit before tax | −557 | 12 434 | 10 119 | 10 847 | 7 330 |
| Tax | −131 | 2 729 | 2 202 | 2 386 | 1 612 |
| Net profit | −426 | 9 705 | 7 917 | 8 461 | 5 717 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 48 718 | 48 444 | 53 919 | 54 226 | 56 611 |
| Equity | 20 683 | 30 388 | 29 883 | 29 608 | 29 943 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 28 035 | 18 056 | 24 036 | 24 619 | 26 669 |
| Total debt | 28 035 | 18 056 | 24 036 | 24 619 | 26 669 |
EBITDA margin
8.8%
This company
15.8%
Market median
-44% vs market
20202024
Equity ratio
52.9%
This company
38.2%
Market median
+38% vs market
20202024
Return on equity
19.1%
This company
18.4%
Market median
+4% vs market
20202024
Net profit margin
4.6%
This company
8.1%
Market median
-43% vs market
20202024
Asset turnover
2.21×
This company
1.12×
Market median
+97% vs market
20202024
Debt / equity
0.89×
This company
0.62×
Market median
+44% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
SM Chief Executive Officer | Chief Executive Officer | 2019 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Chairman | 2019 | |
| Board of Directors | 2019 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 |
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Petvar Holding As
VARNER BRAND STORES AS Board members of VARNER BRAND STORES AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Stein Marius Varner | Chief Executive Officer | 0 companies |
| Joakim Varner | Chairman | 0 companies |
| Petter Varner | Board of Directors | 0 companies |