VARDØ EIENDOM AS

9950 VARDØ

Finances

Return on Equity

24,47 %

Current Ratio

0,38

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	950 000	979 000	1 004 000	1 014 000
Net Income	314 000	419 000	−259 000	89 000
Total Assets	2 877 000	2 926 000	2 565 000	2 893 000
Total Equity	1 283 000	969 000	550 000	808 000

Income (NOK)	2022	2021	2020	2019
Revenue	950 000	979 000	1 004 000	1 014 000
Expenditure	444 000	483 000	1 301 000	819 000
Operating Profit	507 000	497 000	−297 000	195 000
Financial Income	0	100 000	0	2 000
Financial Costs	74 000	117 000	35 000	83 000
Financial Balance	−74 000	−17 000	−35 000	−81 000
Earnings Before Tax	432 000	480 000	−332 000	114 000
Tax	118 000	61 000	−73 000	25 000
Net Income	314 000	419 000	−259 000	89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 716 000	2 530 000	2 390 000	2 145 000
Total Current Assets	161 000	396 000	176 000	748 000
Total Assets	2 877 000	2 926 000	2 565 000	2 893 000
Total Retained Equity	783 000	469 000	50 000	308 000
Total Equity	1 283 000	969 000	550 000	808 000
Total Long-Term Debt	1 170 000	1 347 000	1 439 000	1 702 000
Total Current Debt	424 000	610 000	577 000	382 000
Total Equity and Debt	2 877 000	2 926 000	2 565 000	2 893 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	950 000	979 000	1 004 000	1 014 000
Revenue	950 000	979 000	1 004 000	1 014 000
Cost of Goods Sold	19 000	45 000	32 000	46 000
Salary Costs	15 000	100 000	118 000	0
Depreciation	52 000	52 000	53 000	59 000
Impairment	0	0	0	0
Expenditure	444 000	483 000	1 301 000	819 000
Operating Profit	507 000	497 000	−297 000	195 000
Financial Income	0	100 000	0	2 000
Financial Costs	74 000	117 000	35 000	83 000
Financial Balance	−74 000	−17 000	−35 000	−81 000
Dividends	0	0	0	0
Net Income	314 000	419 000	−259 000	89 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	45 000	0
Real Eastate	1 037 000	1 089 000	1 140 000	1 192 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	2 000
Total Tangible Assets	1 037 000	1 089 000	1 140 000	1 194 000
Total Fiancial Fixed Assets	1 679 000	1 442 000	1 205 000	951 000
Total Fixed Assets	2 716 000	2 530 000	2 390 000	2 145 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	44 000	183 000	118 000	235 000
Total Current Assets	161 000	396 000	176 000	748 000
Total Assets	2 877 000	2 926 000	2 565 000	2 893 000
Total Equity	1 283 000	969 000	550 000	808 000
Short-Term Group Debt	204 000	204 000	204 000	204 000
Total Long-Term Debt	1 170 000	1 347 000	1 439 000	1 702 000
Creditors	11 000	10 000	81 000	60 000
Unpaid Taxes	38 000	215 000	100 000	79 000
Dividends	0	0	0	0
Other Current Debt	76 000	175 000	192 000	17 000
Total Current Debt	424 000	610 000	577 000	382 000
Total Equity and Debt	2 877 000	2 926 000	2 565 000	2 893 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,47 %	43,24 %	−47,09 %	11,01 %
Debt-to-Equity Ratio	0,91	1,39	2,62	2,11
Operating Profit Margin	53,37 %	50,77 %	−29,58 %	19,23 %
Current Ratio	0,38	0,65	0,31	1,96
Quick Ratio	0,38	0,65	0,31	1,96
Equity Ratio	0,45	0,33	0,21	0,28
Gross Profit Margin	98 %	95,4 %	96,81 %	95,46 %