VRÅDAL UTVIKLING AS

3853 VRÅDAL

Finances

Share Ownership

Return on Equity

350 %

Current Ratio

0,24

Debt-to-Equity Ratio

63,75

Key figures (NOK)	2019	2018	2017	2016
Revenue	11 822 000	5 057 000	2 533 000	10 237 000
Net Income	322 000	−2 357 000	−1 361 000	1 088 000
Total Assets	13 738 000	11 278 000	7 112 000	3 493 000
Total Equity	92 000	−230 000	−363 000	998 000

Income (NOK)	2019	2018	2017	2016
Revenue	11 822 000	5 057 000	2 533 000	10 237 000
Expenditure	10 931 000	7 081 000	3 753 000	8 893 000
Operating Profit	891 000	−2 023 000	−1 277 000	1 344 000
Financial Income	1 000	5 000	2 000	1 000
Financial Costs	570 000	338 000	107 000	22 000
Financial Balance	−569 000	−333 000	−105 000	−21 000
Earnings Before Tax	322 000	−2 357 000	−1 382 000	1 323 000
Tax	0	0	−21 000	235 000
Net Income	322 000	−2 357 000	−1 361 000	1 088 000

Balance (NOK)	2019	2018	2017	2016
Total Fixed Assets	11 895 000	10 862 000	6 103 000	929 000
Total Current Assets	1 842 000	416 000	1 009 000	2 563 000
Total Assets	13 738 000	11 278 000	7 112 000	3 493 000
Total Retained Equity	−2 418 000	−2 740 000	−383 000	977 000
Total Equity	92 000	−230 000	−363 000	998 000
Total Long-Term Debt	5 865 000	8 371 000	5 865 000	491 000
Total Current Debt	7 781 000	3 137 000	1 610 000	2 004 000
Total Equity and Debt	13 738 000	11 278 000	7 112 000	3 493 000

Cash flow (NOK)	2019	2018	2017	2016
Sales Income	11 690 000	4 895 000	2 443 000	10 237 000
Other Income	133 000	163 000	90 000	0
Revenue	11 822 000	5 057 000	2 533 000	10 237 000
Cost of Goods Sold	9 440 000	5 054 000	2 054 000	7 595 000
Salary Costs	5 000	1 095 000	843 000	741 000
Depreciation	16 000	30 000	30 000	29 000
Impairment	0	0	0	0
Expenditure	10 931 000	7 081 000	3 753 000	8 893 000
Operating Profit	891 000	−2 023 000	−1 277 000	1 344 000
Financial Income	1 000	5 000	2 000	1 000
Financial Costs	570 000	338 000	107 000	22 000
Financial Balance	−569 000	−333 000	−105 000	−21 000
Dividends	0	0	0	231 000
Net Income	322 000	−2 357 000	−1 361 000	1 088 000

Balance details (NOK)	2019	2018	2017	2016
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 895 000	10 846 000	6 057 000	853 000
Machinery and Plant Facilities	0	16 000	46 000	76 000
Fixtures	0	0	0	0
Total Tangible Assets	11 895 000	10 862 000	6 103 000	929 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 895 000	10 862 000	6 103 000	929 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	929 000	81 000	158 000	343 000
Total Current Assets	1 842 000	416 000	1 009 000	2 563 000
Total Assets	13 738 000	11 278 000	7 112 000	3 493 000
Total Equity	92 000	−230 000	−363 000	998 000
Short-Term Group Debt	1 156 000	1 113 000	0	231 000
Total Long-Term Debt	5 865 000	8 371 000	5 865 000	491 000
Creditors	3 772 000	688 000	1 400 000	1 038 000
Unpaid Taxes	35 000	11 000	104 000	81 000
Dividends	0	0	0	231 000
Other Current Debt	2 818 000	1 325 000	105 000	439 000
Total Current Debt	7 781 000	3 137 000	1 610 000	2 004 000
Total Equity and Debt	13 738 000	11 278 000	7 112 000	3 493 000

Financial indicators	2019	2018	2017	2016
Return on Equity	350 %	1 024,78 %	374,93 %	109,02 %
Debt-to-Equity Ratio	63,75	−36,4	−16,16	0,49
Operating Profit Margin	7,54 %	−40 %	−50,41 %	13,13 %
Current Ratio	0,24	0,13	0,63	1,28
Quick Ratio	0,24	0,13	0,63	1,28
Equity Ratio	0,01	−0,02	−0,05	0,29
Gross Profit Margin	20,15 %	0,06 %	18,91 %	25,81 %