VARDETUNET HUSEIERFORENING

1337 SANDVIKA

Finances

Share Ownership

Return on Equity

11,24 %

Current Ratio

2,01

Debt-to-Equity Ratio

2,1

Key figures (NOK)	2017	2016	2015	2014
Revenue	1 838 000	1 556 000	1 281 000	1 274 000
Net Income	109 000	−8 000	49 000	33 000
Total Assets	3 875 000	1 057 000	990 000	949 000
Total Equity	970 000	862 000	869 000	820 000

Income (NOK)	2017	2016	2015	2014
Revenue	1 838 000	1 556 000	1 281 000	1 274 000
Expenditure	1 681 000	1 571 000	1 241 000	1 254 000
Operating Profit	157 000	−15 000	39 000	20 000
Financial Income	11 000	8 000	9 000	12 000
Financial Costs	59 000	0	0	0
Financial Balance	−48 000	8 000	9 000	12 000
Earnings Before Tax	109 000	−8 000	49 000	33 000
Tax	0	0	0	0
Net Income	109 000	−8 000	49 000	33 000

Balance (NOK)	2017	2016	2015	2014
Total Fixed Assets	2 126 000	0	0	0
Total Current Assets	1 749 000	1 057 000	990 000	949 000
Total Assets	3 875 000	1 057 000	990 000	949 000
Total Retained Equity	970 000	862 000	869 000	820 000
Total Equity	970 000	862 000	869 000	820 000
Total Long-Term Debt	2 035 000	0	0	0
Total Current Debt	870 000	196 000	121 000	129 000
Total Equity and Debt	3 875 000	1 057 000	990 000	949 000

Cash flow (NOK)	2017	2016	2015	2014
Sales Income	0	0	0	0
Other Income	1 838 000	1 556 000	1 281 000	1 274 000
Revenue	1 838 000	1 556 000	1 281 000	1 274 000
Cost of Goods Sold	0	0	0	0
Salary Costs	68 000	68 000	68 000	68 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 681 000	1 571 000	1 241 000	1 254 000
Operating Profit	157 000	−15 000	39 000	20 000
Financial Income	11 000	8 000	9 000	12 000
Financial Costs	59 000	0	0	0
Financial Balance	−48 000	8 000	9 000	12 000
Dividends	0	0	0	0
Net Income	109 000	−8 000	49 000	33 000

Balance details (NOK)	2017	2016	2015	2014
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	2 126 000	0	0	0
Total Tangible Assets	2 126 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 126 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 734 000	897 000	975 000	840 000
Total Current Assets	1 749 000	1 057 000	990 000	949 000
Total Assets	3 875 000	1 057 000	990 000	949 000
Total Equity	970 000	862 000	869 000	820 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 035 000	0	0	0
Creditors	844 000	36 000	94 000	106 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	26 000	160 000	27 000	23 000
Total Current Debt	870 000	196 000	121 000	129 000
Total Equity and Debt	3 875 000	1 057 000	990 000	949 000

Financial indicators	2017	2016	2015	2014
Return on Equity	11,24 %	−0,93 %	5,64 %	4,02 %
Debt-to-Equity Ratio	2,1	0	0	0
Operating Profit Margin	8,54 %	−0,96 %	3,04 %	1,57 %
Current Ratio	2,01	5,39	8,18	7,36
Quick Ratio	2,01	5,39	8,18	7,36
Equity Ratio	0,25	0,82	0,88	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %