VARDAAS AS

3294 STAVERN

Finances

Return on Equity

−8,34 %

Current Ratio

25,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	949 000	960 000	1 013 000	894 000
Net Income	−367 000	−118 000	−34 000	−343 000
Total Assets	4 556 000	4 865 000	5 005 000	5 144 000
Total Equity	4 400 000	4 767 000	4 885 000	4 918 000

Income (NOK)	2022	2021	2020	2019
Revenue	949 000	960 000	1 013 000	894 000
Expenditure	1 474 000	1 150 000	1 141 000	1 429 000
Operating Profit	−527 000	−191 000	−129 000	−534 000
Financial Income	46 000	31 000	75 000	84 000
Financial Costs	1 000	0	0	1 000
Financial Balance	45 000	31 000	75 000	83 000
Earnings Before Tax	−481 000	−159 000	−54 000	−451 000
Tax	−115 000	−42 000	−20 000	−108 000
Net Income	−367 000	−118 000	−34 000	−343 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	622 000	491 000	1 230 000	1 476 000
Total Current Assets	3 934 000	4 375 000	3 774 000	3 668 000
Total Assets	4 556 000	4 865 000	5 005 000	5 144 000
Total Retained Equity	300 000	667 000	785 000	818 000
Total Equity	4 400 000	4 767 000	4 885 000	4 918 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	156 000	98 000	120 000	226 000
Total Equity and Debt	4 556 000	4 865 000	5 005 000	5 144 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	70 000	180 000	218 000	282 000
Other Income	879 000	780 000	795 000	612 000
Revenue	949 000	960 000	1 013 000	894 000
Cost of Goods Sold	0	0	0	0
Salary Costs	391 000	623 000	590 000	588 000
Depreciation	162 000	180 000	180 000	180 000
Impairment	0	0	0	0
Expenditure	1 474 000	1 150 000	1 141 000	1 429 000
Operating Profit	−527 000	−191 000	−129 000	−534 000
Financial Income	46 000	31 000	75 000	84 000
Financial Costs	1 000	0	0	1 000
Financial Balance	45 000	31 000	75 000	83 000
Dividends	0	0	0	100 000
Net Income	−367 000	−118 000	−34 000	−343 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	367 000	252 000	211 000	190 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	170 000	154 000	333 000	513 000
Total Tangible Assets	170 000	154 000	333 000	513 000
Total Fiancial Fixed Assets	85 000	85 000	686 000	772 000
Total Fixed Assets	622 000	491 000	1 230 000	1 476 000
Stock	0	0	0	0
Total Investments	546 000	546 000	546 000	546 000
Cash, Bank	3 294 000	3 669 000	2 856 000	2 880 000
Total Current Assets	3 934 000	4 375 000	3 774 000	3 668 000
Total Assets	4 556 000	4 865 000	5 005 000	5 144 000
Total Equity	4 400 000	4 767 000	4 885 000	4 918 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	40 000	8 000	18 000	30 000
Unpaid Taxes	48 000	30 000	49 000	43 000
Dividends	0	0	0	100 000
Other Current Debt	68 000	60 000	53 000	53 000
Total Current Debt	156 000	98 000	120 000	226 000
Total Equity and Debt	4 556 000	4 865 000	5 005 000	5 144 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,34 %	−2,48 %	−0,7 %	−6,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−55,53 %	−19,9 %	−12,73 %	−59,73 %
Current Ratio	25,22	44,64	31,45	16,23
Quick Ratio	25,22	44,64	31,45	16,23
Equity Ratio	0,97	0,98	0,98	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %