VARDENESET BALLKLUBB

4028 STAVANGER

Finances

Share Ownership

Return on Equity

15,62 %

Current Ratio

8,38

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2005
Revenue	4 518 000	4 571 000	4 901 000	2 421 000
Net Income	628 000	911 000	−15 000	359 000
Total Assets	4 566 000	3 993 000	2 836 000	356 000
Total Equity	4 021 000	3 393 000	2 482 000	359 000

Income (NOK)	2021	2020	2019	2005
Revenue	4 518 000	4 571 000	4 901 000	2 421 000
Expenditure	−785 000	581 000	−595 000	2 085 000
Operating Profit	621 000	905 000	−25 000	335 000
Financial Income	6 000	7 000	9 000	5 000
Financial Costs	0	0	0	−19 000
Financial Balance	6 000	7 000	9 000	24 000
Earnings Before Tax	628 000	911 000	−15 000	359 000
Tax	0	0	0	0
Net Income	628 000	911 000	−15 000	359 000

Balance (NOK)	2021	2020	2019	2005
Total Fixed Assets	0	0	0	0
Total Current Assets	4 566 000	3 993 000	2 836 000	356 000
Total Assets	4 566 000	3 993 000	2 836 000	356 000
Total Retained Equity	2 721 000	2 093 000	2 482 000	359 000
Total Equity	4 021 000	3 393 000	2 482 000	359 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	545 000	599 000	353 000	−3 000
Total Equity and Debt	4 566 000	3 993 000	2 836 000	356 000

Cash flow (NOK)	2021	2020	2019	2005
Sales Income	685 000	838 000	1 023 000	985 000
Other Income	3 833 000	3 733 000	3 878 000	1 436 000
Revenue	4 518 000	4 571 000	4 901 000	2 421 000
Cost of Goods Sold	85 000	1 559 000	0	1 215 000
Salary Costs	0	0	0	329 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−785 000	581 000	−595 000	2 085 000
Operating Profit	621 000	905 000	−25 000	335 000
Financial Income	6 000	7 000	9 000	5 000
Financial Costs	0	0	0	−19 000
Financial Balance	6 000	7 000	9 000	24 000
Dividends	0	0	0	0
Net Income	628 000	911 000	−15 000	359 000

Balance details (NOK)	2021	2020	2019	2005
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 306 000	3 664 000	2 588 000	0
Total Current Assets	4 566 000	3 993 000	2 836 000	356 000
Total Assets	4 566 000	3 993 000	2 836 000	356 000
Total Equity	4 021 000	3 393 000	2 482 000	359 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	232 000	239 000	52 000	0
Unpaid Taxes	132 000	204 000	149 000	0
Dividends	0	0	0	0
Other Current Debt	180 000	156 000	152 000	−3 000
Total Current Debt	545 000	599 000	353 000	−3 000
Total Equity and Debt	4 566 000	3 993 000	2 836 000	356 000

Financial indicators	2021	2020	2019	2005
Return on Equity	15,62 %	26,85 %	−0,6 %	100 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,75 %	19,8 %	−0,51 %	13,84 %
Current Ratio	8,38	6,67	8,03	−118,67
Quick Ratio	8,38	6,67	8,03	−118,67
Equity Ratio	0,88	0,85	0,88	1,01
Gross Profit Margin	98,12 %	65,89 %	100 %	49,81 %