VARTDAL INVEST AS

6170 VARTDAL

Finances

Return on Equity

2,54 %

Current Ratio

371,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 060 000	1 746 000	167 328 000	292 750 000
Net Income	32 526 000	1 262 750 000	7 801 000	36 381 000
Total Assets	1 284 259 000	1 309 961 000	464 279 000	437 398 000
Total Equity	1 281 647 000	1 279 121 000	171 111 000	175 310 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 060 000	1 746 000	167 328 000	292 750 000
Expenditure	4 698 000	14 114 000	187 423 000	217 055 000
Operating Profit	−638 000	−12 368 000	17 374 000	56 233 000
Financial Income	35 139 000	1 280 531 000	148 000	113 000
Financial Costs	5 000	4 932 000	7 527 000	10 045 000
Financial Balance	35 134 000	1 275 599 000	−7 379 000	−9 932 000
Earnings Before Tax	34 497 000	1 263 230 000	9 994 000	46 301 000
Tax	1 971 000	481 000	2 193 000	9 921 000
Net Income	32 526 000	1 262 750 000	7 801 000	36 381 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	314 030 000	230 711 000	226 753 000	231 876 000
Total Current Assets	970 229 000	1 079 250 000	237 526 000	205 523 000
Total Assets	1 284 259 000	1 309 961 000	464 279 000	437 398 000
Total Retained Equity	1 278 646 000	1 276 120 000	168 110 000	172 309 000
Total Equity	1 281 647 000	1 279 121 000	171 111 000	175 310 000
Total Long-Term Debt	0	2 428 000	176 733 000	194 100 000
Total Current Debt	2 612 000	28 412 000	116 435 000	67 989 000
Total Equity and Debt	1 284 259 000	1 309 961 000	464 279 000	437 398 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	167 201 000	292 464 000
Other Income	4 060 000	1 746 000	127 000	286 000
Revenue	4 060 000	1 746 000	167 328 000	292 750 000
Cost of Goods Sold	0	0	116 670 000	141 229 000
Salary Costs	2 151 000	11 467 000	24 445 000	26 914 000
Depreciation	1 636 000	1 396 000	19 799 000	19 378 000
Impairment	0	0	0	0
Expenditure	4 698 000	14 114 000	187 423 000	217 055 000
Operating Profit	−638 000	−12 368 000	17 374 000	56 233 000
Financial Income	35 139 000	1 280 531 000	148 000	113 000
Financial Costs	5 000	4 932 000	7 527 000	10 045 000
Financial Balance	35 134 000	1 275 599 000	−7 379 000	−9 932 000
Dividends	0	0	0	0
Net Income	32 526 000	1 262 750 000	7 801 000	36 381 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	90 000	0	41 600 000	41 600 000
Real Eastate	23 318 000	24 001 000	43 945 000	45 508 000
Machinery and Plant Facilities	23 000	99 000	0	0
Fixtures	1 052 000	0	137 687 000	141 103 000
Total Tangible Assets	24 393 000	24 100 000	181 632 000	186 611 000
Total Fiancial Fixed Assets	289 547 000	206 611 000	3 522 000	3 664 000
Total Fixed Assets	314 030 000	230 711 000	226 753 000	231 876 000
Stock	0	0	214 739 000	173 314 000
Total Investments	0	0	0	0
Cash, Bank	970 112 000	1 074 795 000	1 651 000	1 864 000
Total Current Assets	970 229 000	1 079 250 000	237 526 000	205 523 000
Total Assets	1 284 259 000	1 309 961 000	464 279 000	437 398 000
Total Equity	1 281 647 000	1 279 121 000	171 111 000	175 310 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 428 000	176 733 000	194 100 000
Creditors	12 000	404 000	29 192 000	33 925 000
Unpaid Taxes	201 000	4 604 000	5 880 000	12 670 000
Dividends	0	0	0	0
Other Current Debt	339 000	23 404 000	3 445 000	3 854 000
Total Current Debt	2 612 000	28 412 000	116 435 000	67 989 000
Total Equity and Debt	1 284 259 000	1 309 961 000	464 279 000	437 398 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,54 %	98,72 %	4,56 %	20,75 %
Debt-to-Equity Ratio	0	0	1,03	1,11
Operating Profit Margin	−15,71 %	−708,36 %	10,38 %	19,21 %
Current Ratio	371,45	37,99	2,04	3,02
Quick Ratio	371,45	37,99	−2,42	−1,95
Equity Ratio	1	0,98	0,37	0,4
Gross Profit Margin	100 %	100 %	30,27 %	51,76 %