VÅRT LAND AS

0182 OSLO

Finances

Return on Equity

−9,4 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	533 923 000	120 887 000	119 884 000	116 927 000
Net Income	−18 926 000	946 000	1 689 000	4 239 000
Total Assets	334 585 000	122 401 000	122 622 000	118 271 000
Total Equity	201 396 000	87 346 000	87 277 000	85 588 000

Income (NOK)	2022	2021	2020	2019
Revenue	533 923 000	120 887 000	119 884 000	116 927 000
Expenditure	549 887 000	119 804 000	118 169 000	112 918 000
Operating Profit	−15 965 000	1 083 000	1 716 000	4 009 000
Financial Income	5 008 000	189 000	468 000	1 432 000
Financial Costs	9 421 000	26 000	18 000	2 000
Financial Balance	−4 413 000	163 000	450 000	1 430 000
Earnings Before Tax	−20 377 000	1 246 000	2 167 000	5 439 000
Tax	−1 451 000	300 000	478 000	1 201 000
Net Income	−18 926 000	946 000	1 689 000	4 239 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 274 000	8 619 000	3 215 000	1 786 000
Total Current Assets	274 311 000	113 782 000	119 407 000	116 485 000
Total Assets	334 585 000	122 401 000	122 622 000	118 271 000
Total Retained Equity	146 634 000	54 731 000	54 662 000	52 973 000
Total Equity	201 396 000	87 346 000	87 277 000	85 588 000
Total Long-Term Debt	586 000	1 708 000	2 947 000	2 064 000
Total Current Debt	132 604 000	33 347 000	32 397 000	30 619 000
Total Equity and Debt	334 585 000	122 401 000	122 622 000	118 271 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	433 464 000	88 587 000	87 348 000	83 190 000
Other Income	100 459 000	32 300 000	32 536 000	33 737 000
Revenue	533 923 000	120 887 000	119 884 000	116 927 000
Cost of Goods Sold	161 354 000	36 947 000	20 207 000	21 034 000
Salary Costs	246 197 000	50 907 000	51 399 000	47 621 000
Depreciation	13 726 000	676 000	270 000	238 000
Impairment	0	0	0	0
Expenditure	549 887 000	119 804 000	118 169 000	112 918 000
Operating Profit	−15 965 000	1 083 000	1 716 000	4 009 000
Financial Income	5 008 000	189 000	468 000	1 432 000
Financial Costs	9 421 000	26 000	18 000	2 000
Financial Balance	−4 413 000	163 000	450 000	1 430 000
Dividends	2 175 000	946 000	0	0
Net Income	−18 926 000	946 000	1 689 000	4 239 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	36 591 000	0	0	0
Total Intangible Assets	51 630 000	603 000	923 000	640 000
Real Eastate	173 000	102 000	102 000	102 000
Machinery and Plant Facilities	44 000	0	0	0
Fixtures	4 261 000	1 164 000	1 440 000	294 000
Total Tangible Assets	4 477 000	1 266 000	1 542 000	397 000
Total Fiancial Fixed Assets	4 167 000	6 750 000	750 000	750 000
Total Fixed Assets	60 274 000	8 619 000	3 215 000	1 786 000
Stock	1 041 000	0	725 000	0
Total Investments	71 343 000	0	22 000	22 000
Cash, Bank	159 486 000	2 037 000	1 829 000	1 816 000
Total Current Assets	274 311 000	113 782 000	119 407 000	116 485 000
Total Assets	334 585 000	122 401 000	122 622 000	118 271 000
Total Equity	201 396 000	87 346 000	87 277 000	85 588 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	586 000	1 708 000	2 947 000	2 064 000
Creditors	29 421 000	3 907 000	4 983 000	3 402 000
Unpaid Taxes	14 412 000	3 816 000	3 282 000	3 650 000
Dividends	2 175 000	946 000	0	0
Other Current Debt	86 519 000	24 678 000	23 371 000	22 790 000
Total Current Debt	132 604 000	33 347 000	32 397 000	30 619 000
Total Equity and Debt	334 585 000	122 401 000	122 622 000	118 271 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,4 %	1,08 %	1,94 %	4,95 %
Debt-to-Equity Ratio	0	0,02	0,03	0,02
Operating Profit Margin	−2,99 %	0,9 %	1,43 %	3,43 %
Current Ratio	2,07	3,41	3,69	3,8
Quick Ratio	2,09	3,41	3,77	3,8
Equity Ratio	0,6	0,71	0,71	0,72
Gross Profit Margin	69,78 %	69,44 %	83,14 %	82,01 %