Header placeholder lorem ipsum dolor sit amet, consectetur adipiscing elit.
VARD financials data including stock price, CreditSafe score, income statement, balance sheet, cash flow, and acquistions and subsidiaries.
Revenue
KR6.2 B
FY, 2021
CreditSafe Score
?
Score changed on Jun 04, 2026
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Learn moreFinancial Statements
| NOK | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|
| Revenue | 7.9B | 6.5B | 6.2B |
| Cost of goods sold | 8.3B | 6.6B | 5.8B |
| Gross profit | (385.1M) | (113.6M) | 387.7M |
| Gross profit margin, % | -4.9% | -1.7% | 6.3% |
| General and administrative expense | 767.8M | 612.6M | 668.6M |
| Operating expense total | 1.2B | 899.8M | 1.1B |
| Depreciation and amortization | 84.6M | 33.7M | 60.3M |
| EBIT | (1.6B) | (1.0B) | (658.4M) |
| EBIT margin, % | -19.8% | -15.3% | -10.6% |
| Interest income | 333.6M | 350.9M | 374.1M |
| Interest expense | 745.0M | 1.2B | 481.7M |
| Pre tax profit | (2.0B) | (1.8B) | (766.1M) |
| Income tax expense | 252.5M | 16.5M | 555.0K |
| Net Income | (2.2B) | (1.9B) | (766.6M) |
Acquisitions & Subsidiaries
| Company name | Date | Deal size |
|---|---|---|
| Lorem | Dec 23, 2021 | $40.0M |
| Ipsum | Jan 18, 2022 | $30.0M |
| Lorem Ipsum | Feb 18, 2022 | $25.0M |
| Dolor | Oct 21, 2021 | $60.0M |
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