VARDOGE AS

3850 KVITESEID

Finances

Return on Equity

9,8 %

Current Ratio

0,05

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020
Revenue	1 015 000	2 160 000	999 000
Net Income	207 000	821 000	370 000
Total Assets	2 674 000	2 305 000	1 079 000
Total Equity	2 113 000	1 546 000	725 000

Income (NOK)	2022	2021	2020
Revenue	1 015 000	2 160 000	999 000
Expenditure	750 000	1 106 000	526 000
Operating Profit	265 000	1 053 000	473 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Earnings Before Tax	265 000	1 053 000	473 000
Tax	58 000	232 000	103 000
Net Income	207 000	821 000	370 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 660 000	2 300 000	0
Total Current Assets	14 000	5 000	1 079 000
Total Assets	2 674 000	2 305 000	1 079 000
Total Retained Equity	1 398 000	1 192 000	370 000
Total Equity	2 113 000	1 546 000	725 000
Total Long-Term Debt	250 000	250 000	0
Total Current Debt	311 000	509 000	354 000
Total Equity and Debt	2 674 000	2 305 000	1 079 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 015 000	2 160 000	999 000
Other Income	0	0	0
Revenue	1 015 000	2 160 000	999 000
Cost of Goods Sold	734 000	1 091 000	522 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	750 000	1 106 000	526 000
Operating Profit	265 000	1 053 000	473 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Dividends	0	0	0
Net Income	207 000	821 000	370 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
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	2 660 000	2 300 000	0
Total Fixed Assets	2 660 000	2 300 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	41 000	4 000	79 000
Total Current Assets	14 000	5 000	1 079 000
Total Assets	2 674 000	2 305 000	1 079 000
Total Equity	2 113 000	1 546 000	725 000
Short-Term Group Debt	250 000	275 000	250 000
Total Long-Term Debt	250 000	250 000	0
Creditors	3 000	2 000	2 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	311 000	509 000	354 000
Total Equity and Debt	2 674 000	2 305 000	1 079 000

Financial indicators	2022	2021	2020
Return on Equity	9,8 %	53,1 %	51,03 %
Debt-to-Equity Ratio	0,12	0,16	0
Operating Profit Margin	26,11 %	48,75 %	47,35 %
Current Ratio	0,05	0,01	3,05
Quick Ratio	0,05	0,01	3,05
Equity Ratio	0,79	0,67	0,67
Gross Profit Margin	27,68 %	49,49 %	47,75 %