VARTDAL FISKERISELSKAP AS

6003 ÅLESUND

Finances

Return on Equity

6,03 %

Current Ratio

32,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 866 000	19 771 000	13 988 000	18 644 000
Net Income	14 304 000	17 816 000	12 332 000	1 628 000
Total Assets	244 670 000	237 693 000	225 499 000	222 884 000
Total Equity	237 226 000	223 172 000	217 356 000	213 524 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 866 000	19 771 000	13 988 000	18 644 000
Expenditure	1 518 000	1 539 000	1 556 000	1 336 000
Operating Profit	14 347 000	18 233 000	12 432 000	17 309 000
Financial Income	95 000	70 000	198 000	383 000
Financial Costs	138 000	9 000	20 000	36 000
Financial Balance	−43 000	61 000	178 000	347 000
Earnings Before Tax	14 304 000	18 294 000	12 610 000	17 656 000
Tax	0	478 000	277 000	−38 000
Net Income	14 304 000	17 816 000	12 332 000	1 628 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 012 000	3 891 000	3 891 000	3 891 000
Total Current Assets	240 659 000	233 802 000	221 608 000	218 993 000
Total Assets	244 670 000	237 693 000	225 499 000	222 884 000
Total Retained Equity	236 114 000	222 170 000	216 355 000	212 522 000
Total Equity	237 226 000	223 172 000	217 356 000	213 524 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 444 000	14 521 000	8 143 000	9 360 000
Total Equity and Debt	244 670 000	237 693 000	225 499 000	222 884 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	15 866 000	19 771 000	13 988 000	18 644 000
Revenue	15 866 000	19 771 000	13 988 000	18 644 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 518 000	1 539 000	1 556 000	1 336 000
Operating Profit	14 347 000	18 233 000	12 432 000	17 309 000
Financial Income	95 000	70 000	198 000	383 000
Financial Costs	138 000	9 000	20 000	36 000
Financial Balance	−43 000	61 000	178 000	347 000
Dividends	350 000	12 000 000	8 500 000	11 000 000
Net Income	14 304 000	17 816 000	12 332 000	1 628 000

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	4 012 000	3 891 000	3 891 000	3 891 000
Total Fixed Assets	4 012 000	3 891 000	3 891 000	3 891 000
Stock	0	0	0	0
Total Investments	235 217 000	217 728 000	207 611 000	196 664 000
Cash, Bank	5 435 000	16 068 000	13 968 000	18 535 000
Total Current Assets	240 659 000	233 802 000	221 608 000	218 993 000
Total Assets	244 670 000	237 693 000	225 499 000	222 884 000
Total Equity	237 226 000	223 172 000	217 356 000	213 524 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	149 000	6 000	31 000	30 000
Unpaid Taxes	0	0	0	0
Dividends	350 000	12 000 000	8 500 000	11 000 000
Other Current Debt	7 295 000	2 037 000	2 335 000	3 286 000
Total Current Debt	7 444 000	14 521 000	8 143 000	9 360 000
Total Equity and Debt	244 670 000	237 693 000	225 499 000	222 884 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,03 %	7,98 %	5,67 %	0,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	90,43 %	92,22 %	88,88 %	92,84 %
Current Ratio	32,33	16,1	27,21	23,4
Quick Ratio	32,33	16,1	27,21	23,4
Equity Ratio	0,97	0,94	0,96	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %