VARDÅSVEIEN EIENDOM AS

4639 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

16,08 %

Current Ratio

0,07

Debt-to-Equity Ratio

29,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	401 000	882 000	268 000	281 000
Net Income	41 000	169 000	5 000	8 000
Total Assets	8 107 000	8 431 000	5 504 000	5 425 000
Total Equity	255 000	214 000	45 000	40 000

Income (NOK)	2022	2021	2020	2019
Revenue	401 000	882 000	268 000	281 000
Expenditure	183 000	548 000	178 000	170 000
Operating Profit	218 000	334 000	90 000	111 000
Financial Income	6 000	1 000	2 000	11 000
Financial Costs	171 000	118 000	87 000	111 000
Financial Balance	−165 000	−117 000	−85 000	−100 000
Earnings Before Tax	53 000	217 000	6 000	11 000
Tax	12 000	48 000	1 000	2 000
Net Income	41 000	169 000	5 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 075 000	7 239 000	5 481 000	4 970 000
Total Current Assets	32 000	1 192 000	24 000	455 000
Total Assets	8 107 000	8 431 000	5 504 000	5 425 000
Total Retained Equity	225 000	184 000	15 000	10 000
Total Equity	255 000	214 000	45 000	40 000
Total Long-Term Debt	7 406 000	7 205 000	5 300 000	5 300 000
Total Current Debt	445 000	1 012 000	159 000	85 000
Total Equity and Debt	8 107 000	8 431 000	5 504 000	5 425 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	401 000	882 000	268 000	281 000
Revenue	401 000	882 000	268 000	281 000
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	183 000	548 000	178 000	170 000
Operating Profit	218 000	334 000	90 000	111 000
Financial Income	6 000	1 000	2 000	11 000
Financial Costs	171 000	118 000	87 000	111 000
Financial Balance	−165 000	−117 000	−85 000	−100 000
Dividends	0	0	0	0
Net Income	41 000	169 000	5 000	8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 075 000	7 239 000	5 381 000	4 870 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 075 000	7 239 000	5 381 000	4 870 000
Total Fiancial Fixed Assets	0	0	100 000	100 000
Total Fixed Assets	8 075 000	7 239 000	5 481 000	4 970 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	32 000	1 192 000	24 000	455 000
Total Current Assets	32 000	1 192 000	24 000	455 000
Total Assets	8 107 000	8 431 000	5 504 000	5 425 000
Total Equity	255 000	214 000	45 000	40 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 406 000	7 205 000	5 300 000	5 300 000
Creditors	97 000	87 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	345 000	885 000	158 000	83 000
Total Current Debt	445 000	1 012 000	159 000	85 000
Total Equity and Debt	8 107 000	8 431 000	5 504 000	5 425 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,08 %	78,97 %	11,11 %	20 %
Debt-to-Equity Ratio	29,04	33,67	117,78	132,5
Operating Profit Margin	54,36 %	37,87 %	33,58 %	39,5 %
Current Ratio	0,07	1,18	0,15	5,35
Quick Ratio	0,07	1,18	0,15	5,35
Equity Ratio	0,03	0,03	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %