VARDEVEIEN HANDEL AS

1710 SARPSBORG

Finances

Share Ownership

Return on Equity

25,82 %

Current Ratio

2,77

Debt-to-Equity Ratio

29,66

Key figures (NOK)	2022	2021	2020
Revenue	2 092 000	2 014 000	524 000
Net Income	182 000	630 000	54 000
Total Assets	22 381 000	23 149 000	23 267 000
Total Equity	705 000	857 000	967 000

Income (NOK)	2022	2021	2020
Revenue	2 092 000	2 014 000	524 000
Expenditure	1 136 000	1 103 000	346 000
Operating Profit	955 000	912 000	179 000
Financial Income	18 000	1 000	0
Financial Costs	740 000	105 000	110 000
Financial Balance	−722 000	−104 000	−110 000
Earnings Before Tax	234 000	808 000	69 000
Tax	51 000	178 000	15 000
Net Income	182 000	630 000	54 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	20 254 000	21 195 000	22 136 000
Total Current Assets	2 128 000	1 954 000	1 131 000
Total Assets	22 381 000	23 149 000	23 267 000
Total Retained Equity	282 000	435 000	545 000
Total Equity	705 000	857 000	967 000
Total Long-Term Debt	20 909 000	21 213 000	22 139 000
Total Current Debt	767 000	1 079 000	161 000
Total Equity and Debt	22 381 000	23 149 000	23 267 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	2 092 000	2 014 000	524 000
Revenue	2 092 000	2 014 000	524 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	941 000	941 000	314 000
Impairment	0	0	0
Expenditure	1 136 000	1 103 000	346 000
Operating Profit	955 000	912 000	179 000
Financial Income	18 000	1 000	0
Financial Costs	740 000	105 000	110 000
Financial Balance	−722 000	−104 000	−110 000
Dividends	0	0	0
Net Income	182 000	630 000	54 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	20 254 000	21 195 000	22 136 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	20 254 000	21 195 000	22 136 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	20 254 000	21 195 000	22 136 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	2 128 000	1 954 000	1 131 000
Total Assets	22 381 000	23 149 000	23 267 000
Total Equity	705 000	857 000	967 000
Short-Term Group Debt	429 000	949 000	0
Total Long-Term Debt	20 909 000	21 213 000	22 139 000
Creditors	72 000	27 000	30 000
Unpaid Taxes	266 000	81 000	131 000
Dividends	0	0	0
Other Current Debt	0	22 000	0
Total Current Debt	767 000	1 079 000	161 000
Total Equity and Debt	22 381 000	23 149 000	23 267 000

Financial indicators	2022	2021	2020
Return on Equity	25,82 %	73,51 %	5,58 %
Debt-to-Equity Ratio	29,66	24,75	22,89
Operating Profit Margin	45,65 %	45,28 %	34,16 %
Current Ratio	2,77	1,81	7,02
Quick Ratio	2,77	1,81	7,02
Equity Ratio	0,03	0,04	0,04
Gross Profit Margin	100 %	100 %	100 %