VARTDAL AS

3140 NØTTERØY

Finances

Return on Equity

−0,39 %

Current Ratio

25,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	297 000	705 000	665 000	1 174 000
Net Income	−10 000	179 000	104 000	−161 000
Total Assets	2 630 000	3 048 000	3 360 000	3 663 000
Total Equity	2 550 000	2 960 000	3 182 000	3 077 000

Income (NOK)	2022	2021	2020	2019
Revenue	297 000	705 000	665 000	1 174 000
Expenditure	269 000	562 000	506 000	1 364 000
Operating Profit	27 000	143 000	158 000	−190 000
Financial Income	52 000	43 000	12 000	61 000
Financial Costs	89 000	7 000	66 000	32 000
Financial Balance	−37 000	36 000	−54 000	29 000
Earnings Before Tax	−10 000	179 000	104 000	−161 000
Tax	0	0	0	0
Net Income	−10 000	179 000	104 000	−161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	619 000	643 000	666 000	718 000
Total Current Assets	2 011 000	2 405 000	2 695 000	2 945 000
Total Assets	2 630 000	3 048 000	3 360 000	3 663 000
Total Retained Equity	2 103 000	2 513 000	2 734 000	2 630 000
Total Equity	2 550 000	2 960 000	3 182 000	3 077 000
Total Long-Term Debt	0	0	49 000	319 000
Total Current Debt	80 000	87 000	129 000	267 000
Total Equity and Debt	2 630 000	3 048 000	3 360 000	3 663 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 000	469 000	472 000	935 000
Other Income	236 000	236 000	193 000	239 000
Revenue	297 000	705 000	665 000	1 174 000
Cost of Goods Sold	75 000	330 000	203 000	422 000
Salary Costs	0	0	10 000	672 000
Depreciation	23 000	23 000	23 000	23 000
Impairment	0	0	0	0
Expenditure	269 000	562 000	506 000	1 364 000
Operating Profit	27 000	143 000	158 000	−190 000
Financial Income	52 000	43 000	12 000	61 000
Financial Costs	89 000	7 000	66 000	32 000
Financial Balance	−37 000	36 000	−54 000	29 000
Dividends	0	0	0	0
Net Income	−10 000	179 000	104 000	−161 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	619 000	643 000	666 000	689 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	619 000	643 000	666 000	689 000
Total Fiancial Fixed Assets	0	0	0	29 000
Total Fixed Assets	619 000	643 000	666 000	718 000
Stock	0	25 000	42 000	51 000
Total Investments	74 000	164 000	174 000	240 000
Cash, Bank	1 937 000	2 193 000	2 478 000	2 493 000
Total Current Assets	2 011 000	2 405 000	2 695 000	2 945 000
Total Assets	2 630 000	3 048 000	3 360 000	3 663 000
Total Equity	2 550 000	2 960 000	3 182 000	3 077 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	49 000	319 000
Creditors	0	0	40 000	29 000
Unpaid Taxes	0	8 000	30 000	96 000
Dividends	0	0	0	0
Other Current Debt	80 000	80 000	60 000	142 000
Total Current Debt	80 000	87 000	129 000	267 000
Total Equity and Debt	2 630 000	3 048 000	3 360 000	3 663 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,39 %	6,05 %	3,27 %	−5,23 %
Debt-to-Equity Ratio	0	0	0,02	0,1
Operating Profit Margin	9,09 %	20,28 %	23,76 %	−16,18 %
Current Ratio	25,14	27,64	20,89	11,03
Quick Ratio	25,14	38,79	30,98	13,63
Equity Ratio	0,97	0,97	0,95	0,84
Gross Profit Margin	74,75 %	53,19 %	69,47 %	64,05 %