VARDAL TRAKTORDRIFT AS

2825 GJØVIK

Finances

Share Ownership

Return on Equity

5,64 %

Current Ratio

2,57

Debt-to-Equity Ratio

2,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 037 000	4 107 000	3 078 000	3 759 000
Net Income	107 000	359 000	126 000	1 283 000
Total Assets	6 192 000	6 334 000	2 644 000	2 693 000
Total Equity	1 896 000	1 789 000	1 430 000	1 304 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 037 000	4 107 000	3 078 000	3 759 000
Expenditure	3 811 000	3 599 000	2 882 000	2 088 000
Operating Profit	226 000	508 000	195 000	1 671 000
Financial Income	6 000	6 000	1 000	0
Financial Costs	95 000	54 000	35 000	28 000
Financial Balance	−89 000	−48 000	−34 000	−28 000
Earnings Before Tax	137 000	460 000	162 000	1 643 000
Tax	30 000	101 000	36 000	360 000
Net Income	107 000	359 000	126 000	1 283 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 063 000	5 466 000	1 471 000	1 044 000
Total Current Assets	1 129 000	867 000	1 173 000	1 648 000
Total Assets	6 192 000	6 334 000	2 644 000	2 693 000
Total Retained Equity	1 071 000	964 000	605 000	479 000
Total Equity	1 896 000	1 789 000	1 430 000	1 304 000
Total Long-Term Debt	3 857 000	2 882 000	927 000	616 000
Total Current Debt	440 000	1 663 000	287 000	772 000
Total Equity and Debt	6 192 000	6 334 000	2 644 000	2 693 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 987 000	3 323 000	2 832 000	3 335 000
Other Income	50 000	784 000	246 000	424 000
Revenue	4 037 000	4 107 000	3 078 000	3 759 000
Cost of Goods Sold	962 000	567 000	548 000	420 000
Salary Costs	703 000	652 000	633 000	224 000
Depreciation	743 000	484 000	292 000	134 000
Impairment	0	0	0	0
Expenditure	3 811 000	3 599 000	2 882 000	2 088 000
Operating Profit	226 000	508 000	195 000	1 671 000
Financial Income	6 000	6 000	1 000	0
Financial Costs	95 000	54 000	35 000	28 000
Financial Balance	−89 000	−48 000	−34 000	−28 000
Dividends	0	0	0	0
Net Income	107 000	359 000	126 000	1 283 000

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	5 013 000	5 466 000	1 471 000	1 012 000
Fixtures	50 000	0	0	0
Total Tangible Assets	5 063 000	5 466 000	1 471 000	1 012 000
Total Fiancial Fixed Assets	0	0	0	33 000
Total Fixed Assets	5 063 000	5 466 000	1 471 000	1 044 000
Stock	124 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	285 000	216 000	147 000	213 000
Total Current Assets	1 129 000	867 000	1 173 000	1 648 000
Total Assets	6 192 000	6 334 000	2 644 000	2 693 000
Total Equity	1 896 000	1 789 000	1 430 000	1 304 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 857 000	2 882 000	927 000	616 000
Creditors	259 000	1 921 000	150 000	237 000
Unpaid Taxes	138 000	−296 000	99 000	267 000
Dividends	0	0	0	0
Other Current Debt	43 000	37 000	38 000	1 000
Total Current Debt	440 000	1 663 000	287 000	772 000
Total Equity and Debt	6 192 000	6 334 000	2 644 000	2 693 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,64 %	20,07 %	8,81 %	98,39 %
Debt-to-Equity Ratio	2,03	1,61	0,65	0,47
Operating Profit Margin	5,6 %	12,37 %	6,34 %	44,45 %
Current Ratio	2,57	0,52	4,09	2,13
Quick Ratio	3,57	0,52	4,09	2,13
Equity Ratio	0,31	0,28	0,54	0,48
Gross Profit Margin	76,17 %	86,19 %	82,2 %	88,83 %