VARDESVINGEN 1 AS

5013 BERGEN

Finances

Share Ownership

Return on Equity

58,62 %

Current Ratio

0,62

Debt-to-Equity Ratio

−4,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	966 000	932 000	851 000	343 000
Net Income	−826 000	268 000	50 000	−83 000
Total Assets	5 127 000	6 070 000	6 039 000	5 825 000
Total Equity	−1 409 000	−583 000	−851 000	−901 000

Income (NOK)	2022	2021	2020	2019
Revenue	966 000	932 000	851 000	343 000
Expenditure	1 777 000	392 000	580 000	408 000
Operating Profit	−810 000	541 000	271 000	−66 000
Financial Income	4 000	0	0	233 000
Financial Costs	252 000	197 000	207 000	273 000
Financial Balance	−248 000	−197 000	−207 000	−40 000
Earnings Before Tax	−1 059 000	344 000	64 000	−107 000
Tax	−233 000	76 000	14 000	−23 000
Net Income	−826 000	268 000	50 000	−83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 929 000	4 953 000	5 258 000	5 485 000
Total Current Assets	197 000	1 117 000	781 000	340 000
Total Assets	5 127 000	6 070 000	6 039 000	5 825 000
Total Retained Equity	−1 472 000	−646 000	−914 000	−964 000
Total Equity	−1 409 000	−583 000	−851 000	−901 000
Total Long-Term Debt	6 217 000	6 220 000	6 231 000	6 215 000
Total Current Debt	318 000	433 000	659 000	511 000
Total Equity and Debt	5 127 000	6 070 000	6 039 000	5 825 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	966 000	932 000	851 000	343 000
Revenue	966 000	932 000	851 000	343 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	257 000	257 000	255 000	254 000
Impairment	0	0	0	0
Expenditure	1 777 000	392 000	580 000	408 000
Operating Profit	−810 000	541 000	271 000	−66 000
Financial Income	4 000	0	0	233 000
Financial Costs	252 000	197 000	207 000	273 000
Financial Balance	−248 000	−197 000	−207 000	−40 000
Dividends	0	0	0	0
Net Income	−826 000	268 000	50 000	−83 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	419 000	186 000	262 000	276 000
Real Eastate	4 510 000	4 767 000	4 996 000	5 209 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 510 000	4 767 000	4 996 000	5 209 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 929 000	4 953 000	5 258 000	5 485 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 000	3 000	5 000	0
Total Current Assets	197 000	1 117 000	781 000	340 000
Total Assets	5 127 000	6 070 000	6 039 000	5 825 000
Total Equity	−1 409 000	−583 000	−851 000	−901 000
Short-Term Group Debt	79 000	227 000	289 000	249 000
Total Long-Term Debt	6 217 000	6 220 000	6 231 000	6 215 000
Creditors	117 000	183 000	324 000	261 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	122 000	23 000	45 000	0
Total Current Debt	318 000	433 000	659 000	511 000
Total Equity and Debt	5 127 000	6 070 000	6 039 000	5 825 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,62 %	−45,97 %	−5,88 %	9,21 %
Debt-to-Equity Ratio	−4,41	−10,67	−7,32	−6,9
Operating Profit Margin	−83,85 %	58,05 %	31,84 %	−19,24 %
Current Ratio	0,62	2,58	1,19	0,67
Quick Ratio	0,62	2,58	1,19	0,67
Equity Ratio	−0,27	−0,1	−0,14	−0,15
Gross Profit Margin	100 %	100 %	100 %	100 %