VARTDAL VENTURES AS

3478 NÆRSNES

Finances

Return on Equity

37,14 %

Current Ratio

3,5

Debt-to-Equity Ratio

−18,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−117 000	−49 000	−81 000	−82 000
Total Assets	5 507 000	5 528 000	5 050 000	5 111 000
Total Equity	−315 000	−198 000	−149 000	−68 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	20 000	21 000	23 000	17 000
Operating Profit	−20 000	−21 000	−23 000	−17 000
Financial Income	0	0	−8 000	8 000
Financial Costs	97 000	28 000	50 000	73 000
Financial Balance	−97 000	−28 000	−58 000	−65 000
Earnings Before Tax	−117 000	−49 000	−81 000	−82 000
Tax	0	0	0	0
Net Income	−117 000	−49 000	−81 000	−82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 500 000	5 500 000	5 000 000	5 080 000
Total Current Assets	7 000	28 000	50 000	31 000
Total Assets	5 507 000	5 528 000	5 050 000	5 111 000
Total Retained Equity	−339 000	−223 000	−174 000	−93 000
Total Equity	−315 000	−198 000	−149 000	−68 000
Total Long-Term Debt	5 819 000	5 722 000	5 193 000	5 180 000
Total Current Debt	2 000	4 000	6 000	0
Total Equity and Debt	5 507 000	5 528 000	5 050 000	5 111 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	20 000	21 000	23 000	17 000
Operating Profit	−20 000	−21 000	−23 000	−17 000
Financial Income	0	0	−8 000	8 000
Financial Costs	97 000	28 000	50 000	73 000
Financial Balance	−97 000	−28 000	−58 000	−65 000
Dividends	0	0	0	0
Net Income	−117 000	−49 000	−81 000	−82 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 500 000	5 500 000	5 000 000	5 080 000
Total Fixed Assets	5 500 000	5 500 000	5 000 000	5 080 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	28 000	50 000	31 000
Total Current Assets	7 000	28 000	50 000	31 000
Total Assets	5 507 000	5 528 000	5 050 000	5 111 000
Total Equity	−315 000	−198 000	−149 000	−68 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 819 000	5 722 000	5 193 000	5 180 000
Creditors	0	2 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	6 000	0
Total Current Debt	2 000	4 000	6 000	0
Total Equity and Debt	5 507 000	5 528 000	5 050 000	5 111 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,14 %	24,75 %	54,36 %	120,59 %
Debt-to-Equity Ratio	−18,47	−28,9	−34,85	−76,18
Operating Profit Margin	-	-	-	-
Current Ratio	3,5	7	8,33	-
Quick Ratio	3,5	7	8,33	-
Equity Ratio	−0,06	−0,04	−0,03	−0,01
Gross Profit Margin	-	-	-	-