VARD CAPITAL AS

0287 OSLO

Finances

Return on Equity

25,23 %

Current Ratio

6,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	638 000	420 000	402 000	950 000
Net Income	352 000	334 000	149 000	713 000
Total Assets	1 640 000	1 293 000	798 000	1 027 000
Total Equity	1 395 000	1 073 000	736 000	738 000

Income (NOK)	2022	2021	2020	2019
Revenue	638 000	420 000	402 000	950 000
Expenditure	191 000	38 000	255 000	36 000
Operating Profit	448 000	382 000	147 000	914 000
Financial Income	17 000	40 000	38 000	8 000
Financial Costs	18 000	0	2 000	8 000
Financial Balance	−1 000	40 000	36 000	0
Earnings Before Tax	447 000	422 000	184 000	914 000
Tax	95 000	88 000	35 000	201 000
Net Income	352 000	334 000	149 000	713 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 640 000	1 293 000	798 000	1 027 000
Total Assets	1 640 000	1 293 000	798 000	1 027 000
Total Retained Equity	1 371 000	1 048 000	712 000	713 000
Total Equity	1 395 000	1 073 000	736 000	738 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	245 000	220 000	61 000	289 000
Total Equity and Debt	1 640 000	1 293 000	798 000	1 027 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	638 000	420 000	402 000	950 000
Other Income	0	0	0	0
Revenue	638 000	420 000	402 000	950 000
Cost of Goods Sold	0	0	0	0
Salary Costs	169 000	0	247 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	191 000	38 000	255 000	36 000
Operating Profit	448 000	382 000	147 000	914 000
Financial Income	17 000	40 000	38 000	8 000
Financial Costs	18 000	0	2 000	8 000
Financial Balance	−1 000	40 000	36 000	0
Dividends	30 000	0	0	0
Net Income	352 000	334 000	149 000	713 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	407 000	436 000	230 000	131 000
Cash, Bank	1 096 000	332 000	568 000	735 000
Total Current Assets	1 640 000	1 293 000	798 000	1 027 000
Total Assets	1 640 000	1 293 000	798 000	1 027 000
Total Equity	1 395 000	1 073 000	736 000	738 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	35 000	0	0
Unpaid Taxes	134 000	98 000	0	89 000
Dividends	30 000	0	0	0
Other Current Debt	16 000	0	26 000	0
Total Current Debt	245 000	220 000	61 000	289 000
Total Equity and Debt	1 640 000	1 293 000	798 000	1 027 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,23 %	31,13 %	20,24 %	96,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	70,22 %	90,95 %	36,57 %	96,21 %
Current Ratio	6,69	5,88	13,08	3,55
Quick Ratio	6,69	5,88	13,08	3,55
Equity Ratio	0,85	0,83	0,92	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %