VARDHEIVEGEN 54 AS

4340 BRYNE

Finances

Return on Equity

25,59 %

Current Ratio

0,27

Debt-to-Equity Ratio

2,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 232 000	2 076 000	4 254 000	2 904 000
Net Income	919 000	459 000	914 000	746 000
Total Assets	13 683 000	14 026 000	15 881 000	10 597 000
Total Equity	3 591 000	2 672 000	2 213 000	1 299 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 232 000	2 076 000	4 254 000	2 904 000
Expenditure	2 618 000	1 196 000	2 713 000	1 626 000
Operating Profit	1 613 000	879 000	1 541 000	1 278 000
Financial Income	6 000	0	0	0
Financial Costs	439 000	291 000	369 000	322 000
Financial Balance	−433 000	−291 000	−369 000	−322 000
Earnings Before Tax	1 179 000	588 000	1 172 000	956 000
Tax	259 000	129 000	258 000	210 000
Net Income	919 000	459 000	914 000	746 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 389 000	13 468 000	13 995 000	10 532 000
Total Current Assets	294 000	558 000	1 887 000	65 000
Total Assets	13 683 000	14 026 000	15 881 000	10 597 000
Total Retained Equity	3 561 000	2 642 000	2 183 000	1 269 000
Total Equity	3 591 000	2 672 000	2 213 000	1 299 000
Total Long-Term Debt	9 015 000	9 508 000	10 125 000	6 974 000
Total Current Debt	1 076 000	1 845 000	3 543 000	2 324 000
Total Equity and Debt	13 683 000	14 026 000	15 881 000	10 597 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 044 000	836 000	2 951 000	1 552 000
Other Income	1 188 000	1 240 000	1 303 000	1 352 000
Revenue	4 232 000	2 076 000	4 254 000	2 904 000
Cost of Goods Sold	1 338 000	224 000	1 609 000	671 000
Salary Costs	0	0	0	0
Depreciation	329 000	333 000	358 000	260 000
Impairment	0	0	0	0
Expenditure	2 618 000	1 196 000	2 713 000	1 626 000
Operating Profit	1 613 000	879 000	1 541 000	1 278 000
Financial Income	6 000	0	0	0
Financial Costs	439 000	291 000	369 000	322 000
Financial Balance	−433 000	−291 000	−369 000	−322 000
Dividends	0	0	0	0
Net Income	919 000	459 000	914 000	746 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 530 000	9 488 000	9 687 000	9 671 000
Machinery and Plant Facilities	86 000	122 000	63 000	99 000
Fixtures	148 000	234 000	620 000	763 000
Total Tangible Assets	9 764 000	9 844 000	10 370 000	10 532 000
Total Fiancial Fixed Assets	3 624 000	3 624 000	3 624 000	0
Total Fixed Assets	13 389 000	13 468 000	13 995 000	10 532 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	206 000	385 000	8 000	1 000
Total Current Assets	294 000	558 000	1 887 000	65 000
Total Assets	13 683 000	14 026 000	15 881 000	10 597 000
Total Equity	3 591 000	2 672 000	2 213 000	1 299 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 015 000	9 508 000	10 125 000	6 974 000
Creditors	88 000	139 000	1 555 000	62 000
Unpaid Taxes	12 000	0	42 000	32 000
Dividends	0	0	0	0
Other Current Debt	702 000	1 576 000	1 696 000	2 061 000
Total Current Debt	1 076 000	1 845 000	3 543 000	2 324 000
Total Equity and Debt	13 683 000	14 026 000	15 881 000	10 597 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,59 %	17,18 %	41,3 %	57,43 %
Debt-to-Equity Ratio	2,51	3,56	4,58	5,37
Operating Profit Margin	38,11 %	42,34 %	36,22 %	44,01 %
Current Ratio	0,27	0,3	0,53	0,03
Quick Ratio	0,27	0,3	0,53	0,03
Equity Ratio	0,26	0,19	0,14	0,12
Gross Profit Margin	68,38 %	89,21 %	62,18 %	76,89 %