VARDAHEI IT AS

6856 SOGNDAL

Finances

Share Ownership

Return on Equity

9,66 %

Current Ratio

2,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 245 000	3 050 000	2 907 000	3 103 000
Net Income	87 000	59 000	124 000	227 000
Total Assets	1 335 000	1 352 000	1 271 000	1 137 000
Total Equity	901 000	814 000	755 000	631 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 245 000	3 050 000	2 907 000	3 103 000
Expenditure	3 135 000	2 975 000	2 734 000	2 834 000
Operating Profit	110 000	76 000	173 000	269 000
Financial Income	1 000	1 000	0	22 000
Financial Costs	0	1 000	14 000	5 000
Financial Balance	1 000	0	−14 000	17 000
Earnings Before Tax	111 000	76 000	159 000	285 000
Tax	25 000	17 000	35 000	58 000
Net Income	87 000	59 000	124 000	227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	0	0	0
Total Current Assets	1 301 000	1 352 000	1 271 000	1 137 000
Total Assets	1 335 000	1 352 000	1 271 000	1 137 000
Total Retained Equity	801 000	714 000	655 000	531 000
Total Equity	901 000	814 000	755 000	631 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	435 000	538 000	516 000	506 000
Total Equity and Debt	1 335 000	1 352 000	1 271 000	1 137 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 245 000	3 043 000	2 884 000	3 103 000
Other Income	0	8 000	23 000	0
Revenue	3 245 000	3 050 000	2 907 000	3 103 000
Cost of Goods Sold	1 298 000	1 357 000	1 269 000	1 182 000
Salary Costs	1 623 000	1 503 000	1 302 000	1 462 000
Depreciation	8 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 135 000	2 975 000	2 734 000	2 834 000
Operating Profit	110 000	76 000	173 000	269 000
Financial Income	1 000	1 000	0	22 000
Financial Costs	0	1 000	14 000	5 000
Financial Balance	1 000	0	−14 000	17 000
Dividends	0	0	0	100 000
Net Income	87 000	59 000	124 000	227 000

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	34 000	0	0	0
Total Tangible Assets	34 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 000	0	0	0
Stock	0	0	0	0
Total Investments	648 000	588 000	438 000	308 000
Cash, Bank	517 000	458 000	577 000	680 000
Total Current Assets	1 301 000	1 352 000	1 271 000	1 137 000
Total Assets	1 335 000	1 352 000	1 271 000	1 137 000
Total Equity	901 000	814 000	755 000	631 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	23 000	35 000	165 000	19 000
Unpaid Taxes	223 000	187 000	182 000	184 000
Dividends	0	0	0	100 000
Other Current Debt	165 000	299 000	134 000	145 000
Total Current Debt	435 000	538 000	516 000	506 000
Total Equity and Debt	1 335 000	1 352 000	1 271 000	1 137 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,66 %	7,25 %	16,42 %	35,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,39 %	2,49 %	5,95 %	8,67 %
Current Ratio	2,99	2,51	2,46	2,25
Quick Ratio	2,99	2,51	2,46	2,25
Equity Ratio	0,67	0,6	0,59	0,55
Gross Profit Margin	60 %	55,51 %	56,35 %	61,91 %