VÅRVEIEN 24 DRAMMEN AS

3024 DRAMMEN

Finances

Share Ownership

Return on Equity

21,99 %

Current Ratio

2,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 070 000	710 000	693 000	498 000
Net Income	665 000	400 000	335 000	256 000
Total Assets	3 884 000	2 656 000	2 956 000	2 568 000
Total Equity	3 024 000	2 476 000	2 077 000	286 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 070 000	710 000	693 000	498 000
Expenditure	218 000	197 000	264 000	170 000
Operating Profit	852 000	512 000	429 000	328 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	0	0
Earnings Before Tax	852 000	512 000	430 000	328 000
Tax	187 000	113 000	95 000	72 000
Net Income	665 000	400 000	335 000	256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 918 000	1 985 000	2 053 000	2 123 000
Total Current Assets	1 966 000	670 000	902 000	446 000
Total Assets	3 884 000	2 656 000	2 956 000	2 568 000
Total Retained Equity	938 000	390 000	−9 000	256 000
Total Equity	3 024 000	2 476 000	2 077 000	286 000
Total Long-Term Debt	0	0	0	136 000
Total Current Debt	860 000	179 000	879 000	2 146 000
Total Equity and Debt	3 884 000	2 656 000	2 956 000	2 568 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 000	0	0	498 000
Other Income	1 068 000	710 000	693 000	0
Revenue	1 070 000	710 000	693 000	498 000
Cost of Goods Sold	121 000	110 000	107 000	0
Salary Costs	0	0	0	0
Depreciation	67 000	67 000	67 000	74 000
Impairment	0	0	0	0
Expenditure	218 000	197 000	264 000	170 000
Operating Profit	852 000	512 000	429 000	328 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	0	0
Dividends	0	0	600 000	0
Net Income	665 000	400 000	335 000	256 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	131 000	131 000	133 000	135 000
Real Eastate	1 787 000	1 854 000	1 921 000	1 988 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 787 000	1 854 000	1 921 000	1 988 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 918 000	1 985 000	2 053 000	2 123 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 716 000	420 000	302 000	99 000
Total Current Assets	1 966 000	670 000	902 000	446 000
Total Assets	3 884 000	2 656 000	2 956 000	2 568 000
Total Equity	3 024 000	2 476 000	2 077 000	286 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	136 000
Creditors	0	0	0	0
Unpaid Taxes	−1 000	23 000	17 000	20 000
Dividends	0	0	600 000	0
Other Current Debt	706 000	44 000	33 000	2 056 000
Total Current Debt	860 000	179 000	879 000	2 146 000
Total Equity and Debt	3 884 000	2 656 000	2 956 000	2 568 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,99 %	16,16 %	16,13 %	89,51 %
Debt-to-Equity Ratio	0	0	0	0,48
Operating Profit Margin	79,63 %	72,11 %	61,9 %	65,86 %
Current Ratio	2,29	3,74	1,03	0,21
Quick Ratio	2,29	3,74	1,03	0,21
Equity Ratio	0,78	0,93	0,7	0,11
Gross Profit Margin	88,69 %	84,51 %	84,56 %	100 %