VARDØBRUKET AS

9950 VARDØ

Finances

Share Ownership

Return on Equity

99,65 %

Current Ratio

0,16

Debt-to-Equity Ratio

−0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 523 000	56 959 000	48 125 000	61 636 000
Net Income	−2 590 000	−3 129 000	−1 850 000	−1 921 000
Total Assets	18 451 000	20 107 000	9 042 000	17 130 000
Total Equity	−2 599 000	−9 000	1 020 000	2 870 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 523 000	56 959 000	48 125 000	61 636 000
Expenditure	72 418 000	60 767 000	50 406 000	63 896 000
Operating Profit	−2 894 000	−3 806 000	−2 281 000	−2 260 000
Financial Income	100 000	37 000	101 000	7 000
Financial Costs	516 000	230 000	191 000	208 000
Financial Balance	−416 000	−193 000	−90 000	−201 000
Earnings Before Tax	−3 309 000	−3 999 000	−2 371 000	−2 461 000
Tax	−719 000	−870 000	−521 000	−540 000
Net Income	−2 590 000	−3 129 000	−1 850 000	−1 921 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 176 000	13 854 000	7 112 000	7 782 000
Total Current Assets	3 275 000	6 253 000	1 929 000	9 348 000
Total Assets	18 451 000	20 107 000	9 042 000	17 130 000
Total Retained Equity	−7 569 000	−4 979 000	−1 850 000	0
Total Equity	−2 599 000	−9 000	1 020 000	2 870 000
Total Long-Term Debt	193 000	289 000	397 000	11 731 000
Total Current Debt	20 857 000	19 827 000	7 625 000	2 528 000
Total Equity and Debt	18 451 000	20 107 000	9 042 000	17 130 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 424 000	56 844 000	47 785 000	61 726 000
Other Income	99 000	116 000	340 000	−90 000
Revenue	69 523 000	56 959 000	48 125 000	61 636 000
Cost of Goods Sold	56 561 000	43 718 000	38 655 000	49 702 000
Salary Costs	8 668 000	10 193 000	7 022 000	9 056 000
Depreciation	1 276 000	767 000	604 000	497 000
Impairment	0	0	0	0
Expenditure	72 418 000	60 767 000	50 406 000	63 896 000
Operating Profit	−2 894 000	−3 806 000	−2 281 000	−2 260 000
Financial Income	100 000	37 000	101 000	7 000
Financial Costs	516 000	230 000	191 000	208 000
Financial Balance	−416 000	−193 000	−90 000	−201 000
Dividends	0	0	0	0
Net Income	−2 590 000	−3 129 000	−1 850 000	−1 921 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 743 000	1 024 000	153 000	0
Real Eastate	4 992 000	4 299 000	3 536 000	3 319 000
Machinery and Plant Facilities	4 923 000	6 545 000	2 788 000	2 334 000
Fixtures	1 300 000	557 000	558 000	577 000
Total Tangible Assets	12 306 000	11 401 000	6 882 000	6 230 000
Total Fiancial Fixed Assets	1 127 000	1 430 000	77 000	1 551 000
Total Fixed Assets	15 176 000	13 854 000	7 112 000	7 782 000
Stock	0	0	0	393 000
Total Investments	0	0	0	0
Cash, Bank	334 000	669 000	573 000	648 000
Total Current Assets	3 275 000	6 253 000	1 929 000	9 348 000
Total Assets	18 451 000	20 107 000	9 042 000	17 130 000
Total Equity	−2 599 000	−9 000	1 020 000	2 870 000
Short-Term Group Debt	17 383 000	13 734 000	5 928 000	0
Total Long-Term Debt	193 000	289 000	397 000	11 731 000
Creditors	2 145 000	3 945 000	472 000	1 028 000
Unpaid Taxes	443 000	606 000	491 000	563 000
Dividends	0	0	0	0
Other Current Debt	886 000	1 541 000	733 000	938 000
Total Current Debt	20 857 000	19 827 000	7 625 000	2 528 000
Total Equity and Debt	18 451 000	20 107 000	9 042 000	17 130 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,65 %	34 766,67 %	−181,37 %	−66,93 %
Debt-to-Equity Ratio	−0,07	−32,11	0,39	4,09
Operating Profit Margin	−4,16 %	−6,68 %	−4,74 %	−3,67 %
Current Ratio	0,16	0,32	0,25	3,7
Quick Ratio	0,16	0,32	0,25	4,38
Equity Ratio	−0,14	−0	0,11	0,17
Gross Profit Margin	18,64 %	23,25 %	19,68 %	19,36 %