VIDAR LUNDELAND AS

6893 VIK I SOGN

Finances

Share Ownership

Return on Equity

83,95 %

Current Ratio

0,59

Debt-to-Equity Ratio

−0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 179 000	5 223 000	5 631 000	3 790 000
Net Income	−983 000	−598 000	118 000	185 000
Total Assets	1 943 000	2 336 000	3 602 000	4 350 000
Total Equity	−1 171 000	−188 000	409 000	291 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 179 000	5 223 000	5 631 000	3 790 000
Expenditure	6 021 000	5 696 000	5 400 000	3 461 000
Operating Profit	−843 000	−473 000	231 000	329 000
Financial Income	0	0	0	2 000
Financial Costs	140 000	125 000	113 000	146 000
Financial Balance	−140 000	−125 000	−113 000	−144 000
Earnings Before Tax	−983 000	−598 000	118 000	185 000
Tax	0	0	0	0
Net Income	−983 000	−598 000	118 000	185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	615 000	1 455 000	1 928 000	816 000
Total Current Assets	1 328 000	881 000	1 675 000	3 534 000
Total Assets	1 943 000	2 336 000	3 602 000	4 350 000
Total Retained Equity	−1 571 000	−588 000	9 000	−109 000
Total Equity	−1 171 000	−188 000	409 000	291 000
Total Long-Term Debt	848 000	1 108 000	872 000	1 149 000
Total Current Debt	2 267 000	1 416 000	2 321 000	2 909 000
Total Equity and Debt	1 943 000	2 336 000	3 602 000	4 350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 332 000	4 456 000	4 571 000	3 790 000
Other Income	847 000	767 000	1 060 000	0
Revenue	5 179 000	5 223 000	5 631 000	3 790 000
Cost of Goods Sold	1 061 000	613 000	1 251 000	5 000
Salary Costs	1 727 000	1 918 000	1 555 000	1 108 000
Depreciation	234 000	521 000	467 000	428 000
Impairment	0	0	0	0
Expenditure	6 021 000	5 696 000	5 400 000	3 461 000
Operating Profit	−843 000	−473 000	231 000	329 000
Financial Income	0	0	0	2 000
Financial Costs	140 000	125 000	113 000	146 000
Financial Balance	−140 000	−125 000	−113 000	−144 000
Dividends	0	0	0	0
Net Income	−983 000	−598 000	118 000	185 000

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	816 000
Fixtures	283 000	1 207 000	1 646 000	0
Total Tangible Assets	283 000	1 207 000	1 646 000	816 000
Total Fiancial Fixed Assets	332 000	247 000	282 000	0
Total Fixed Assets	615 000	1 455 000	1 928 000	816 000
Stock	361 000	386 000	389 000	1 159 000
Total Investments	0	0	0	0
Cash, Bank	66 000	70 000	538 000	75 000
Total Current Assets	1 328 000	881 000	1 675 000	3 534 000
Total Assets	1 943 000	2 336 000	3 602 000	4 350 000
Total Equity	−1 171 000	−188 000	409 000	291 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	848 000	1 108 000	872 000	1 149 000
Creditors	444 000	101 000	948 000	334 000
Unpaid Taxes	324 000	441 000	301 000	92 000
Dividends	0	0	0	0
Other Current Debt	796 000	839 000	1 072 000	1 120 000
Total Current Debt	2 267 000	1 416 000	2 321 000	2 909 000
Total Equity and Debt	1 943 000	2 336 000	3 602 000	4 350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,95 %	318,09 %	28,85 %	63,57 %
Debt-to-Equity Ratio	−0,72	−5,89	2,13	3,95
Operating Profit Margin	−16,28 %	−9,06 %	4,1 %	8,68 %
Current Ratio	0,59	0,62	0,72	1,21
Quick Ratio	0,7	0,86	0,87	2,02
Equity Ratio	−0,6	−0,08	0,11	0,07
Gross Profit Margin	79,51 %	88,26 %	77,78 %	99,87 %