VARDEHAUGEN AS

0565 OSLO

Finances

Share Ownership

Return on Equity

41,95 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 822 000	5 312 000	3 493 000	3 629 000
Net Income	391 000	294 000	245 000	610 000
Total Assets	2 579 000	1 838 000	1 280 000	951 000
Total Equity	932 000	540 000	246 000	0

Income (NOK)	2022	2021	2020	2019
Revenue	6 822 000	5 312 000	3 493 000	3 629 000
Expenditure	6 307 000	4 931 000	3 187 000	3 020 000
Operating Profit	515 000	382 000	307 000	611 000
Financial Income	7 000	1 000	0	0
Financial Costs	19 000	2 000	2 000	1 000
Financial Balance	−12 000	−1 000	−2 000	−1 000
Earnings Before Tax	503 000	381 000	305 000	610 000
Tax	112 000	86 000	60 000	0
Net Income	391 000	294 000	245 000	610 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	338 000	73 000	18 000	39 000
Total Current Assets	2 241 000	1 765 000	1 262 000	911 000
Total Assets	2 579 000	1 838 000	1 280 000	951 000
Total Retained Equity	902 000	510 000	216 000	−30 000
Total Equity	932 000	540 000	246 000	0
Total Long-Term Debt	8 000	0	0	0
Total Current Debt	1 639 000	1 297 000	1 034 000	950 000
Total Equity and Debt	2 579 000	1 838 000	1 280 000	951 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 747 000	5 291 000	3 456 000	3 596 000
Other Income	75 000	21 000	37 000	33 000
Revenue	6 822 000	5 312 000	3 493 000	3 629 000
Cost of Goods Sold	224 000	528 000	164 000	508 000
Salary Costs	5 297 000	3 662 000	2 518 000	2 030 000
Depreciation	39 000	32 000	22 000	22 000
Impairment	0	0	0	0
Expenditure	6 307 000	4 931 000	3 187 000	3 020 000
Operating Profit	515 000	382 000	307 000	611 000
Financial Income	7 000	1 000	0	0
Financial Costs	19 000	2 000	2 000	1 000
Financial Balance	−12 000	−1 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	391 000	294 000	245 000	610 000

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	338 000	73 000	18 000	39 000
Total Tangible Assets	338 000	73 000	18 000	39 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	338 000	73 000	18 000	39 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 189 000	998 000	778 000	449 000
Total Current Assets	2 241 000	1 765 000	1 262 000	911 000
Total Assets	2 579 000	1 838 000	1 280 000	951 000
Total Equity	932 000	540 000	246 000	0
Short-Term Group Debt	150 000	150 000	150 000	150 000
Total Long-Term Debt	8 000	0	0	0
Creditors	236 000	185 000	21 000	67 000
Unpaid Taxes	564 000	353 000	281 000	253 000
Dividends	0	0	0	0
Other Current Debt	586 000	522 000	522 000	480 000
Total Current Debt	1 639 000	1 297 000	1 034 000	950 000
Total Equity and Debt	2 579 000	1 838 000	1 280 000	951 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,95 %	54,44 %	99,59 %	-
Debt-to-Equity Ratio	0,01	0	0	-
Operating Profit Margin	7,55 %	7,19 %	8,79 %	16,84 %
Current Ratio	1,37	1,36	1,22	0,96
Quick Ratio	1,37	1,36	1,22	0,96
Equity Ratio	0,36	0,29	0,19	0
Gross Profit Margin	96,72 %	90,06 %	95,3 %	86 %