VARDEFJELL INVEST AS

0559 OSLO

Finances

Return on Equity

−10,18 %

Current Ratio

37,25

Debt-to-Equity Ratio

1,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	758 000	1 350 000	149 000
Net Income	−127 000	224 000	−527 000	78 000
Total Assets	3 591 000	1 795 000	1 823 000	3 604 000
Total Equity	1 247 000	1 374 000	1 150 000	1 677 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	758 000	1 350 000	149 000
Expenditure	88 000	73 000	67 000	100 000
Operating Profit	−88 000	95 000	−613 000	49 000
Financial Income	2 000	60 000	45 000	50 000
Financial Costs	77 000	2 000	38 000	3 000
Financial Balance	−75 000	58 000	7 000	47 000
Earnings Before Tax	−163 000	153 000	−606 000	96 000
Tax	−36 000	−71 000	−79 000	18 000
Net Income	−127 000	224 000	−527 000	78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	648 000	738 000	1 117 000	1 127 000
Total Current Assets	2 943 000	1 057 000	706 000	2 478 000
Total Assets	3 591 000	1 795 000	1 823 000	3 604 000
Total Retained Equity	997 000	1 124 000	900 000	1 427 000
Total Equity	1 247 000	1 374 000	1 150 000	1 677 000
Total Long-Term Debt	2 265 000	123 000	66 000	734 000
Total Current Debt	79 000	298 000	607 000	1 193 000
Total Equity and Debt	3 591 000	1 795 000	1 823 000	3 604 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	758 000	1 350 000	149 000
Other Income	0	0	0	0
Revenue	0	758 000	1 350 000	149 000
Cost of Goods Sold	0	52 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	88 000	73 000	67 000	100 000
Operating Profit	−88 000	95 000	−613 000	49 000
Financial Income	2 000	60 000	45 000	50 000
Financial Costs	77 000	2 000	38 000	3 000
Financial Balance	−75 000	58 000	7 000	47 000
Dividends	0	0	0	0
Net Income	−127 000	224 000	−527 000	78 000

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	648 000	738 000	1 117 000	1 127 000
Total Fixed Assets	648 000	738 000	1 117 000	1 127 000
Stock	2 907 000	775 000	590 000	2 463 000
Total Investments	0	0	0	0
Cash, Bank	15 000	282 000	116 000	15 000
Total Current Assets	2 943 000	1 057 000	706 000	2 478 000
Total Assets	3 591 000	1 795 000	1 823 000	3 604 000
Total Equity	1 247 000	1 374 000	1 150 000	1 677 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 265 000	123 000	66 000	734 000
Creditors	6 000	0	0	3 000
Unpaid Taxes	0	29 000	52 000	15 000
Dividends	0	0	0	0
Other Current Debt	72 000	264 000	554 000	1 120 000
Total Current Debt	79 000	298 000	607 000	1 193 000
Total Equity and Debt	3 591 000	1 795 000	1 823 000	3 604 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,18 %	16,3 %	−45,83 %	4,65 %
Debt-to-Equity Ratio	1,82	0,09	0,06	0,44
Operating Profit Margin	-	12,53 %	−45,41 %	32,89 %
Current Ratio	37,25	3,55	1,16	2,08
Quick Ratio	−1,04	−2,22	41,53	−1,95
Equity Ratio	0,35	0,77	0,63	0,47
Gross Profit Margin	-	93,14 %	100 %	100 %