VARDEHEI BORETTSLAG AL

4700 VENNESLA

Finances

Share Ownership

Return on Equity

4,39 %

Current Ratio

1,97

Debt-to-Equity Ratio

2,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	942 000	904 000	914 000	889 000
Net Income	97 000	245 000	284 000	280 000
Total Assets	8 730 000	8 636 000	8 422 000	8 341 000
Total Equity	2 210 000	2 113 000	1 868 000	1 584 000

Income (NOK)	2022	2021	2020	2019
Revenue	942 000	904 000	914 000	889 000
Expenditure	736 000	584 000	543 000	505 000
Operating Profit	206 000	320 000	370 000	385 000
Financial Income	0	0	1 000	1 000
Financial Costs	109 000	75 000	87 000	106 000
Financial Balance	−109 000	−75 000	−86 000	−105 000
Earnings Before Tax	97 000	245 000	284 000	280 000
Tax	0	0	0	0
Net Income	97 000	245 000	284 000	280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 214 000	8 214 000	8 045 000	7 925 000
Total Current Assets	516 000	422 000	377 000	417 000
Total Assets	8 730 000	8 636 000	8 422 000	8 341 000
Total Retained Equity	2 208 000	2 111 000	1 866 000	1 582 000
Total Equity	2 210 000	2 113 000	1 868 000	1 584 000
Total Long-Term Debt	6 258 000	6 422 000	6 476 000	6 679 000
Total Current Debt	262 000	101 000	78 000	78 000
Total Equity and Debt	8 730 000	8 636 000	8 422 000	8 341 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	942 000	904 000	914 000	889 000
Revenue	942 000	904 000	914 000	889 000
Cost of Goods Sold	0	0	0	0
Salary Costs	64 000	71 000	57 000	57 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	736 000	584 000	543 000	505 000
Operating Profit	206 000	320 000	370 000	385 000
Financial Income	0	0	1 000	1 000
Financial Costs	109 000	75 000	87 000	106 000
Financial Balance	−109 000	−75 000	−86 000	−105 000
Dividends	0	0	0	0
Net Income	97 000	245 000	284 000	280 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 214 000	8 214 000	8 045 000	7 925 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 214 000	8 214 000	8 045 000	7 925 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 214 000	8 214 000	8 045 000	7 925 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	383 000	309 000	278 000	322 000
Total Current Assets	516 000	422 000	377 000	417 000
Total Assets	8 730 000	8 636 000	8 422 000	8 341 000
Total Equity	2 210 000	2 113 000	1 868 000	1 584 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 258 000	6 422 000	6 476 000	6 679 000
Creditors	252 000	83 000	73 000	69 000
Unpaid Taxes	2 000	3 000	3 000	2 000
Dividends	0	0	0	0
Other Current Debt	8 000	16 000	2 000	7 000
Total Current Debt	262 000	101 000	78 000	78 000
Total Equity and Debt	8 730 000	8 636 000	8 422 000	8 341 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,39 %	11,59 %	15,2 %	17,68 %
Debt-to-Equity Ratio	2,83	3,04	3,47	4,22
Operating Profit Margin	21,87 %	35,4 %	40,48 %	43,31 %
Current Ratio	1,97	4,18	4,83	5,35
Quick Ratio	1,97	4,18	4,83	5,35
Equity Ratio	0,25	0,24	0,22	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %