VARTDAL HOLDING AS

6170 VARTDAL

Finances

Return on Equity

17,93 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 418 935 000	1 221 209 000	819 168 000	844 013 000
Net Income	47 008 000	54 033 000	22 648 000	68 151 000
Total Assets	567 642 000	532 742 000	294 649 000	456 625 000
Total Equity	262 236 000	233 278 000	149 999 000	236 003 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 418 935 000	1 221 209 000	819 168 000	844 013 000
Expenditure	1 373 724 000	1 173 548 000	783 449 000	803 115 000
Operating Profit	45 212 000	47 660 000	35 719 000	40 898 000
Financial Income	31 363 000	33 949 000	3 678 000	39 971 000
Financial Costs	20 233 000	17 482 000	9 783 000	3 064 000
Financial Balance	11 130 000	16 467 000	−6 105 000	36 907 000
Earnings Before Tax	56 342 000	64 128 000	29 614 000	77 699 000
Tax	9 334 000	10 095 000	6 966 000	9 548 000
Net Income	47 008 000	54 033 000	22 648 000	68 151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	261 956 000	268 108 000	116 018 000	124 093 000
Total Current Assets	305 686 000	264 634 000	178 631 000	332 532 000
Total Assets	567 642 000	532 742 000	294 649 000	456 625 000
Total Retained Equity	219 589 000	190 631 000	107 352 000	104 075 000
Total Equity	262 236 000	233 278 000	149 999 000	236 003 000
Total Long-Term Debt	139 299 000	149 193 000	71 170 000	75 914 000
Total Current Debt	166 108 000	150 272 000	73 480 000	144 708 000
Total Equity and Debt	567 642 000	532 742 000	294 649 000	456 625 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 391 168 000	1 201 924 000	735 136 000	769 631 000
Other Income	27 767 000	19 285 000	84 033 000	74 382 000
Revenue	1 418 935 000	1 221 209 000	819 168 000	844 013 000
Cost of Goods Sold	1 118 510 000	936 747 000	594 533 000	616 265 000
Salary Costs	65 062 000	58 044 000	46 901 000	48 823 000
Depreciation	19 302 000	16 455 000	7 324 000	5 798 000
Impairment	0	0	0	0
Expenditure	1 373 724 000	1 173 548 000	783 449 000	803 115 000
Operating Profit	45 212 000	47 660 000	35 719 000	40 898 000
Financial Income	31 363 000	33 949 000	3 678 000	39 971 000
Financial Costs	20 233 000	17 482 000	9 783 000	3 064 000
Financial Balance	11 130 000	16 467 000	−6 105 000	36 907 000
Dividends	0	0	0	0
Net Income	47 008 000	54 033 000	22 648 000	68 151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	103 894 000	109 366 000	31 848 000	33 084 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	69 816 000	72 298 000	22 334 000	38 945 000
Total Tangible Assets	173 710 000	181 664 000	80 792 000	85 011 000
Total Fiancial Fixed Assets	88 247 000	86 444 000	35 226 000	39 082 000
Total Fixed Assets	261 956 000	268 108 000	116 018 000	124 093 000
Stock	0	0	1 277 000	0
Total Investments	20 173 000	11 756 000	22 286 000	29 225 000
Cash, Bank	81 848 000	70 268 000	40 756 000	171 595 000
Total Current Assets	305 686 000	264 634 000	178 631 000	332 532 000
Total Assets	567 642 000	532 742 000	294 649 000	456 625 000
Total Equity	262 236 000	233 278 000	149 999 000	236 003 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	139 299 000	149 193 000	71 170 000	75 914 000
Creditors	56 287 000	52 022 000	26 290 000	85 636 000
Unpaid Taxes	18 198 000	20 981 000	15 781 000	13 160 000
Dividends	0	0	0	0
Other Current Debt	64 863 000	48 744 000	6 233 000	36 205 000
Total Current Debt	166 108 000	150 272 000	73 480 000	144 708 000
Total Equity and Debt	567 642 000	532 742 000	294 649 000	456 625 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,93 %	23,16 %	15,1 %	28,88 %
Debt-to-Equity Ratio	0,53	0,64	0,47	0,32
Operating Profit Margin	3,19 %	3,9 %	4,36 %	4,85 %
Current Ratio	1,84	1,76	2,43	2,3
Quick Ratio	1,84	1,76	2,47	2,3
Equity Ratio	0,46	0,44	0,51	0,52
Gross Profit Margin	21,17 %	23,29 %	27,42 %	26,98 %