VARDEÅSEN UTVIKLING AS

0179 OSLO

Finances

Share Ownership

Return on Equity

50 %

Current Ratio

1,01

Debt-to-Equity Ratio

−22,68

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	−14 000	−37 000	−7 000
Total Assets	42 607 000	42 637 000	42 118 000
Total Equity	−28 000	−14 000	23 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	20 000	47 000	9 000
Operating Profit	−20 000	−47 000	−9 000
Financial Income	1 000	0	0
Financial Costs	0	1 000	0
Financial Balance	1 000	−1 000	0
Earnings Before Tax	−18 000	−47 000	−9 000
Tax	−4 000	−10 000	−2 000
Net Income	−14 000	−37 000	−7 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	16 000	12 000	2 000
Total Current Assets	42 591 000	42 625 000	42 116 000
Total Assets	42 607 000	42 637 000	42 118 000
Total Retained Equity	−58 000	−44 000	−7 000
Total Equity	−28 000	−14 000	23 000
Total Long-Term Debt	635 000	325 000	0
Total Current Debt	42 000 000	42 326 000	42 095 000
Total Equity and Debt	42 607 000	42 637 000	42 118 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	20 000	47 000	9 000
Operating Profit	−20 000	−47 000	−9 000
Financial Income	1 000	0	0
Financial Costs	0	1 000	0
Financial Balance	1 000	−1 000	0
Dividends	0	0	0
Net Income	−14 000	−37 000	−7 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	16 000	12 000	2 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	16 000	12 000	2 000
Stock	42 556 000	42 425 000	42 085 000
Total Investments	0	0	0
Cash, Bank	35 000	200 000	30 000
Total Current Assets	42 591 000	42 625 000	42 116 000
Total Assets	42 607 000	42 637 000	42 118 000
Total Equity	−28 000	−14 000	23 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	635 000	325 000	0
Creditors	42 000 000	42 326 000	42 095 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	42 000 000	42 326 000	42 095 000
Total Equity and Debt	42 607 000	42 637 000	42 118 000

Financial indicators	2022	2021	2020
Return on Equity	50 %	264,29 %	−30,43 %
Debt-to-Equity Ratio	−22,68	−23,21	0
Operating Profit Margin	-	-	-
Current Ratio	1,01	1,01	1
Quick Ratio	−76,6	−430,56	4 211,6
Equity Ratio	−0	−0	0
Gross Profit Margin	-	-	-