VARTDAL FRYSERI AS

6170 VARTDAL

Finances

Share Ownership

Return on Equity

−9,29 %

Current Ratio

4,23

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 456 000	3 625 000	3 718 000	3 285 000
Net Income	−444 000	75 000	619 000	406 000
Total Assets	5 727 000	5 601 000	6 115 000	5 780 000
Total Equity	4 777 000	4 777 000	4 703 000	4 746 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 456 000	3 625 000	3 718 000	3 285 000
Expenditure	4 030 000	3 521 000	2 919 000	2 756 000
Operating Profit	−573 000	104 000	800 000	530 000
Financial Income	12 000	0	0	0
Financial Costs	8 000	8 000	6 000	10 000
Financial Balance	4 000	−8 000	−6 000	−10 000
Earnings Before Tax	−569 000	96 000	794 000	520 000
Tax	−125 000	21 000	175 000	114 000
Net Income	−444 000	75 000	619 000	406 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 424 000	2 653 000	2 711 000	2 636 000
Total Current Assets	3 303 000	2 949 000	3 405 000	3 143 000
Total Assets	5 727 000	5 601 000	6 115 000	5 780 000
Total Retained Equity	1 975 000	2 419 000	2 344 000	2 387 000
Total Equity	4 777 000	4 777 000	4 703 000	4 746 000
Total Long-Term Debt	170 000	225 000	91 000	167 000
Total Current Debt	780 000	599 000	1 322 000	867 000
Total Equity and Debt	5 727 000	5 601 000	6 115 000	5 780 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 372 000	2 052 000	1 858 000	1 661 000
Other Income	1 084 000	1 573 000	1 860 000	1 624 000
Revenue	3 456 000	3 625 000	3 718 000	3 285 000
Cost of Goods Sold	529 000	564 000	435 000	267 000
Salary Costs	1 490 000	1 263 000	1 201 000	1 127 000
Depreciation	229 000	308 000	294 000	344 000
Impairment	0	0	0	0
Expenditure	4 030 000	3 521 000	2 919 000	2 756 000
Operating Profit	−573 000	104 000	800 000	530 000
Financial Income	12 000	0	0	0
Financial Costs	8 000	8 000	6 000	10 000
Financial Balance	4 000	−8 000	−6 000	−10 000
Dividends	0	0	0	0
Net Income	−444 000	75 000	619 000	406 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	498 000	498 000	487 000	475 000
Real Eastate	1 508 000	1 640 000	1 876 000	1 874 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	418 000	515 000	347 000	287 000
Total Tangible Assets	1 926 000	2 155 000	2 223 000	2 161 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 424 000	2 653 000	2 711 000	2 636 000
Stock	133 000	112 000	63 000	97 000
Total Investments	0	0	0	0
Cash, Bank	2 191 000	2 174 000	69 000	27 000
Total Current Assets	3 303 000	2 949 000	3 405 000	3 143 000
Total Assets	5 727 000	5 601 000	6 115 000	5 780 000
Total Equity	4 777 000	4 777 000	4 703 000	4 746 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	170 000	225 000	91 000	167 000
Creditors	411 000	255 000	199 000	205 000
Unpaid Taxes	81 000	131 000	158 000	365 000
Dividends	0	0	0	0
Other Current Debt	287 000	182 000	965 000	160 000
Total Current Debt	780 000	599 000	1 322 000	867 000
Total Equity and Debt	5 727 000	5 601 000	6 115 000	5 780 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,29 %	1,57 %	13,16 %	8,55 %
Debt-to-Equity Ratio	0,04	0,05	0,02	0,04
Operating Profit Margin	−16,58 %	2,87 %	21,52 %	16,13 %
Current Ratio	4,23	4,92	2,58	3,63
Quick Ratio	5,11	6,06	2,7	4,08
Equity Ratio	0,83	0,85	0,77	0,82
Gross Profit Margin	84,69 %	84,44 %	88,3 %	91,87 %