VARDHEIVEGEN 53 AS

4321 SANDNES

Finances

Share Ownership

Return on Equity

23,64 %

Current Ratio

5,49

Debt-to-Equity Ratio

11,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	348 000	361 000	334 000	363 000
Net Income	91 000	51 000	81 000	78 000
Total Assets	5 041 000	5 020 000	5 151 000	5 153 000
Total Equity	385 000	294 000	244 000	163 000

Income (NOK)	2022	2021	2020	2019
Revenue	348 000	361 000	334 000	363 000
Expenditure	143 000	226 000	181 000	217 000
Operating Profit	205 000	135 000	154 000	145 000
Financial Income	6 000	0	0	0
Financial Costs	105 000	85 000	73 000	67 000
Financial Balance	−99 000	−85 000	−73 000	−67 000
Earnings Before Tax	106 000	51 000	81 000	78 000
Tax	15 000	0	0	0
Net Income	91 000	51 000	81 000	78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 525 000	4 640 000	4 638 000	4 753 000
Total Current Assets	516 000	380 000	513 000	400 000
Total Assets	5 041 000	5 020 000	5 151 000	5 153 000
Total Retained Equity	55 000	−36 000	−86 000	−167 000
Total Equity	385 000	294 000	244 000	163 000
Total Long-Term Debt	4 563 000	4 673 000	4 798 000	4 873 000
Total Current Debt	94 000	53 000	109 000	117 000
Total Equity and Debt	5 041 000	5 020 000	5 151 000	5 153 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 000	0	0	0
Other Income	319 000	361 000	334 000	363 000
Revenue	348 000	361 000	334 000	363 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	115 000	118 000	115 000	115 000
Impairment	0	0	0	0
Expenditure	143 000	226 000	181 000	217 000
Operating Profit	205 000	135 000	154 000	145 000
Financial Income	6 000	0	0	0
Financial Costs	105 000	85 000	73 000	67 000
Financial Balance	−99 000	−85 000	−73 000	−67 000
Dividends	0	0	0	0
Net Income	91 000	51 000	81 000	78 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 392 000	4 494 000	4 597 000	4 700 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	134 000	146 000	41 000	53 000
Total Tangible Assets	4 525 000	4 640 000	4 638 000	4 753 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 525 000	4 640 000	4 638 000	4 753 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	357 000	219 000	380 000	353 000
Total Current Assets	516 000	380 000	513 000	400 000
Total Assets	5 041 000	5 020 000	5 151 000	5 153 000
Total Equity	385 000	294 000	244 000	163 000
Short-Term Group Debt	6 000	6 000	6 000	6 000
Total Long-Term Debt	4 563 000	4 673 000	4 798 000	4 873 000
Creditors	4 000	10 000	5 000	5 000
Unpaid Taxes	81 000	30 000	71 000	71 000
Dividends	0	0	0	0
Other Current Debt	3 000	8 000	28 000	35 000
Total Current Debt	94 000	53 000	109 000	117 000
Total Equity and Debt	5 041 000	5 020 000	5 151 000	5 153 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,64 %	17,35 %	33,2 %	47,85 %
Debt-to-Equity Ratio	11,85	15,89	19,66	29,9
Operating Profit Margin	58,91 %	37,4 %	46,11 %	39,94 %
Current Ratio	5,49	7,17	4,71	3,42
Quick Ratio	5,49	7,17	4,71	3,42
Equity Ratio	0,08	0,06	0,05	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %