VARDEBYGG AS

1954 SETSKOG

Finances

Share Ownership

Return on Equity

24,33 %

Current Ratio

2,85

Debt-to-Equity Ratio

4,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 922 000	10 664 000	10 325 000	10 184 000
Net Income	3 819 000	2 449 000	2 750 000	2 502 000
Total Assets	83 744 000	82 914 000	82 842 000	81 123 000
Total Equity	15 699 000	13 880 000	13 431 000	12 681 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 922 000	10 664 000	10 325 000	10 184 000
Expenditure	3 128 000	4 231 000	3 609 000	3 944 000
Operating Profit	7 794 000	6 432 000	6 716 000	6 239 000
Financial Income	125 000	58 000	61 000	39 000
Financial Costs	3 023 000	3 350 000	3 252 000	3 071 000
Financial Balance	−2 898 000	−3 292 000	−3 191 000	−3 032 000
Earnings Before Tax	4 896 000	3 140 000	3 525 000	3 207 000
Tax	1 077 000	691 000	776 000	706 000
Net Income	3 819 000	2 449 000	2 750 000	2 502 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 860 000	71 015 000	72 613 000	74 412 000
Total Current Assets	13 883 000	11 899 000	10 229 000	6 711 000
Total Assets	83 744 000	82 914 000	82 842 000	81 123 000
Total Retained Equity	8 024 000	6 205 000	5 756 000	5 006 000
Total Equity	15 699 000	13 880 000	13 431 000	12 681 000
Total Long-Term Debt	63 181 000	64 691 000	65 612 000	66 267 000
Total Current Debt	4 864 000	4 342 000	3 799 000	2 175 000
Total Equity and Debt	83 744 000	82 914 000	82 842 000	81 123 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	10 922 000	10 664 000	10 325 000	10 184 000
Revenue	10 922 000	10 664 000	10 325 000	10 184 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 154 000	1 798 000	1 798 000	1 798 000
Impairment	0	0	0	0
Expenditure	3 128 000	4 231 000	3 609 000	3 944 000
Operating Profit	7 794 000	6 432 000	6 716 000	6 239 000
Financial Income	125 000	58 000	61 000	39 000
Financial Costs	3 023 000	3 350 000	3 252 000	3 071 000
Financial Balance	−2 898 000	−3 292 000	−3 191 000	−3 032 000
Dividends	0	0	0	0
Net Income	3 819 000	2 449 000	2 750 000	2 502 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 812 000	15 812 000	15 812 000	15 812 000
Machinery and Plant Facilities	54 048 000	55 202 000	56 801 000	58 599 000
Fixtures	0	0	0	0
Total Tangible Assets	69 860 000	71 015 000	72 613 000	74 412 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	69 860 000	71 015 000	72 613 000	74 412 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 874 000	10 166 000	8 741 000	6 568 000
Total Current Assets	13 883 000	11 899 000	10 229 000	6 711 000
Total Assets	83 744 000	82 914 000	82 842 000	81 123 000
Total Equity	15 699 000	13 880 000	13 431 000	12 681 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	63 181 000	64 691 000	65 612 000	66 267 000
Creditors	298 000	181 000	106 000	108 000
Unpaid Taxes	418 000	544 000	501 000	499 000
Dividends	0	0	0	0
Other Current Debt	3 229 000	2 972 000	3 048 000	1 568 000
Total Current Debt	4 864 000	4 342 000	3 799 000	2 175 000
Total Equity and Debt	83 744 000	82 914 000	82 842 000	81 123 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,33 %	17,64 %	20,48 %	19,73 %
Debt-to-Equity Ratio	4,02	4,66	4,89	5,23
Operating Profit Margin	71,36 %	60,32 %	65,05 %	61,26 %
Current Ratio	2,85	2,74	2,69	3,09
Quick Ratio	2,85	2,74	2,69	3,09
Equity Ratio	0,19	0,17	0,16	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %