VARDFJELL AS

3302 HOKKSUND

Finances

Return on Equity

−3,94 %

Current Ratio

281,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	−762 000	2 201 000	0	1 186 000
Net Income	−1 300 000	1 777 000	−2 794 000	1 292 000
Total Assets	33 101 000	39 355 000	47 517 000	51 480 000
Total Equity	32 999 000	34 299 000	45 622 000	48 416 000

Income (NOK)	2022	2021	2020	2019
Revenue	−762 000	2 201 000	0	1 186 000
Expenditure	515 000	505 000	2 897 000	586 000
Operating Profit	−1 277 000	1 696 000	−2 897 000	600 000
Financial Income	22 000	47 000	159 000	687 000
Financial Costs	45 000	9 000	13 000	0
Financial Balance	−23 000	38 000	146 000	687 000
Earnings Before Tax	−1 300 000	1 734 000	−2 752 000	1 287 000
Tax	0	−43 000	43 000	−5 000
Net Income	−1 300 000	1 777 000	−2 794 000	1 292 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 351 000	820 000	1 820 000	1 820 000
Total Current Assets	28 750 000	38 535 000	45 697 000	49 660 000
Total Assets	33 101 000	39 355 000	47 517 000	51 480 000
Total Retained Equity	31 959 000	33 259 000	44 583 000	47 377 000
Total Equity	32 999 000	34 299 000	45 622 000	48 416 000
Total Long-Term Debt	0	0	43 000	0
Total Current Debt	102 000	5 057 000	1 852 000	3 063 000
Total Equity and Debt	33 101 000	39 355 000	47 517 000	51 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	−762 000	2 201 000	0	1 186 000
Revenue	−762 000	2 201 000	0	1 186 000
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	515 000	505 000	2 897 000	586 000
Operating Profit	−1 277 000	1 696 000	−2 897 000	600 000
Financial Income	22 000	47 000	159 000	687 000
Financial Costs	45 000	9 000	13 000	0
Financial Balance	−23 000	38 000	146 000	687 000
Dividends	0	0	0	3 000 000
Net Income	−1 300 000	1 777 000	−2 794 000	1 292 000

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	4 351 000	820 000	1 820 000	1 820 000
Total Fixed Assets	4 351 000	820 000	1 820 000	1 820 000
Stock	0	0	0	0
Total Investments	27 294 000	37 841 000	39 303 000	42 841 000
Cash, Bank	1 108 000	95 000	1 379 000	6 538 000
Total Current Assets	28 750 000	38 535 000	45 697 000	49 660 000
Total Assets	33 101 000	39 355 000	47 517 000	51 480 000
Total Equity	32 999 000	34 299 000	45 622 000	48 416 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	43 000	0
Creditors	2 000	0	0	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	3 000 000
Other Current Debt	100 000	5 057 000	1 852 000	62 000
Total Current Debt	102 000	5 057 000	1 852 000	3 063 000
Total Equity and Debt	33 101 000	39 355 000	47 517 000	51 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,94 %	5,18 %	−6,12 %	2,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	167,59 %	77,06 %	-	50,59 %
Current Ratio	281,86	7,62	24,67	16,21
Quick Ratio	281,86	7,62	24,67	16,21
Equity Ratio	1	0,87	0,96	0,94
Gross Profit Margin	100 %	100 %	-	100 %