VARDHAUG-NILSEN AS

8764 LOVUND

Finances

Share Ownership

Return on Equity

−166,49 %

Current Ratio

0,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 215 000	7 454 000	3 852 000	2 811 000
Net Income	−313 000	7 000	206 000	55 000
Total Assets	1 044 000	1 215 000	808 000	557 000
Total Equity	188 000	501 000	495 000	289 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 215 000	7 454 000	3 852 000	2 811 000
Expenditure	8 609 000	7 442 000	3 598 000	2 744 000
Operating Profit	−394 000	12 000	254 000	66 000
Financial Income	0	0	0	6 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	5 000
Earnings Before Tax	−394 000	12 000	254 000	71 000
Tax	−80 000	5 000	48 000	16 000
Net Income	−313 000	7 000	206 000	55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	300 000	381 000	396 000	203 000
Total Current Assets	744 000	834 000	412 000	354 000
Total Assets	1 044 000	1 215 000	808 000	557 000
Total Retained Equity	164 000	477 000	470 000	264 000
Total Equity	188 000	501 000	495 000	289 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	856 000	714 000	313 000	268 000
Total Equity and Debt	1 044 000	1 215 000	808 000	557 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 206 000	7 485 000	3 852 000	2 611 000
Other Income	8 000	−31 000	0	200 000
Revenue	8 215 000	7 454 000	3 852 000	2 811 000
Cost of Goods Sold	1 856 000	1 979 000	1 023 000	754 000
Salary Costs	4 498 000	3 463 000	1 400 000	1 354 000
Depreciation	86 000	75 000	56 000	41 000
Impairment	0	0	0	0
Expenditure	8 609 000	7 442 000	3 598 000	2 744 000
Operating Profit	−394 000	12 000	254 000	66 000
Financial Income	0	0	0	6 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	5 000
Dividends	0	0	0	0
Net Income	−313 000	7 000	206 000	55 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	85 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	17 000	41 000	65 000	90 000
Fixtures	143 000	189 000	129 000	114 000
Total Tangible Assets	160 000	230 000	194 000	203 000
Total Fiancial Fixed Assets	55 000	151 000	202 000	0
Total Fixed Assets	300 000	381 000	396 000	203 000
Stock	88 000	65 000	58 000	49 000
Total Investments	0	0	0	0
Cash, Bank	451 000	712 000	264 000	233 000
Total Current Assets	744 000	834 000	412 000	354 000
Total Assets	1 044 000	1 215 000	808 000	557 000
Total Equity	188 000	501 000	495 000	289 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	47 000	49 000	14 000	4 000
Unpaid Taxes	231 000	339 000	95 000	92 000
Dividends	0	0	0	0
Other Current Debt	578 000	323 000	148 000	150 000
Total Current Debt	856 000	714 000	313 000	268 000
Total Equity and Debt	1 044 000	1 215 000	808 000	557 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−166,49 %	1,4 %	41,62 %	19,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,8 %	0,16 %	6,59 %	2,35 %
Current Ratio	0,87	1,17	1,32	1,32
Quick Ratio	0,97	1,29	1,62	1,62
Equity Ratio	0,18	0,41	0,61	0,52
Gross Profit Margin	77,41 %	73,45 %	73,44 %	73,18 %