VARTDAL PLASTINDUSTRI AS

6170 VARTDAL

Finances

Return on Equity

36,05 %

Current Ratio

1,52

Debt-to-Equity Ratio

0,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 304 392 000	1 112 863 000	740 934 000	774 416 000
Net Income	22 646 000	29 562 000	23 789 000	30 224 000
Total Assets	224 594 000	228 057 000	176 359 000	231 769 000
Total Equity	62 811 000	62 765 000	52 797 000	48 908 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 304 392 000	1 112 863 000	740 934 000	774 416 000
Expenditure	1 271 997 000	1 078 840 000	712 664 000	734 891 000
Operating Profit	32 396 000	34 022 000	28 269 000	39 525 000
Financial Income	2 525 000	6 679 000	3 962 000	1 414 000
Financial Costs	5 485 000	3 808 000	2 466 000	2 027 000
Financial Balance	−2 960 000	2 871 000	1 496 000	−613 000
Earnings Before Tax	29 436 000	36 894 000	29 766 000	38 912 000
Tax	6 790 000	7 332 000	5 977 000	8 688 000
Net Income	22 646 000	29 562 000	23 789 000	30 224 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 590 000	62 057 000	65 503 000	68 955 000
Total Current Assets	172 004 000	165 999 000	110 857 000	162 814 000
Total Assets	224 594 000	228 057 000	176 359 000	231 769 000
Total Retained Equity	32 245 000	32 199 000	22 231 000	18 342 000
Total Equity	62 811 000	62 765 000	52 797 000	48 908 000
Total Long-Term Debt	48 304 000	57 006 000	55 865 000	58 927 000
Total Current Debt	113 479 000	108 286 000	67 697 000	123 934 000
Total Equity and Debt	224 594 000	228 057 000	176 359 000	231 769 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 288 742 000	1 102 079 000	735 136 000	769 631 000
Other Income	15 650 000	10 783 000	5 798 000	4 785 000
Revenue	1 304 392 000	1 112 863 000	740 934 000	774 416 000
Cost of Goods Sold	1 118 510 000	936 747 000	594 533 000	616 265 000
Salary Costs	35 763 000	28 949 000	23 469 000	23 312 000
Depreciation	9 831 000	8 138 000	5 508 000	3 284 000
Impairment	0	0	0	0
Expenditure	1 271 997 000	1 078 840 000	712 664 000	734 891 000
Operating Profit	32 396 000	34 022 000	28 269 000	39 525 000
Financial Income	2 525 000	6 679 000	3 962 000	1 414 000
Financial Costs	5 485 000	3 808 000	2 466 000	2 027 000
Financial Balance	−2 960 000	2 871 000	1 496 000	−613 000
Dividends	22 600 000	20 000 000	0	0
Net Income	22 646 000	29 562 000	23 789 000	30 224 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 527 000	19 311 000	963 000	0
Machinery and Plant Facilities	21 095 000	25 732 000	0	0
Fixtures	10 317 000	12 383 000	46 086 000	38 945 000
Total Tangible Assets	47 939 000	57 426 000	47 049 000	50 398 000
Total Fiancial Fixed Assets	4 651 000	4 632 000	18 453 000	18 557 000
Total Fixed Assets	52 590 000	62 057 000	65 503 000	68 955 000
Stock	0	0	1 277 000	0
Total Investments	1 545 000	1 172 000	500 000	3 806 000
Cash, Bank	2 743 000	6 362 000	3 685 000	35 759 000
Total Current Assets	172 004 000	165 999 000	110 857 000	162 814 000
Total Assets	224 594 000	228 057 000	176 359 000	231 769 000
Total Equity	62 811 000	62 765 000	52 797 000	48 908 000
Short-Term Group Debt	13 912 000	9 546 000	4 079 000	19 000 000
Total Long-Term Debt	48 304 000	57 006 000	55 865 000	58 927 000
Creditors	49 086 000	47 996 000	21 515 000	81 405 000
Unpaid Taxes	15 291 000	17 190 000	13 486 000	10 745 000
Dividends	22 600 000	20 000 000	0	0
Other Current Debt	5 775 000	6 006 000	22 978 000	8 376 000
Total Current Debt	113 479 000	108 286 000	67 697 000	123 934 000
Total Equity and Debt	224 594 000	228 057 000	176 359 000	231 769 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,05 %	47,1 %	45,06 %	61,8 %
Debt-to-Equity Ratio	0,77	0,91	1,06	1,2
Operating Profit Margin	2,48 %	3,06 %	3,82 %	5,1 %
Current Ratio	1,52	1,53	1,64	1,31
Quick Ratio	1,52	1,53	1,67	1,31
Equity Ratio	0,28	0,28	0,3	0,21
Gross Profit Margin	14,25 %	15,83 %	19,76 %	20,42 %