VARDAR VANNKRAFT AS

3048 DRAMMEN

Finances

Share Ownership

Return on Equity

55,05 %

Current Ratio

0,92

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	663 671 000	275 013 000	88 298 000	181 699 000
Net Income	221 261 000	56 767 000	−3 898 000	55 481 000
Total Assets	1 108 798 000	856 458 000	655 567 000	726 514 000
Total Equity	401 944 000	476 928 000	559 099 000	567 834 000

Income (NOK)	2022	2021	2020	2019
Revenue	663 671 000	275 013 000	88 298 000	181 699 000
Expenditure	109 684 000	78 563 000	76 361 000	74 462 000
Operating Profit	553 987 000	196 450 000	11 937 000	107 237 000
Financial Income	11 667 000	1 002 000	1 015 000	2 063 000
Financial Costs	1 137 000	21 351 000	10 618 000	9 484 000
Financial Balance	10 530 000	−20 349 000	−9 603 000	−7 421 000
Earnings Before Tax	564 517 000	176 101 000	2 334 000	99 815 000
Tax	343 256 000	119 334 000	6 232 000	44 334 000
Net Income	221 261 000	56 767 000	−3 898 000	55 481 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	459 502 000	475 155 000	484 401 000	491 860 000
Total Current Assets	649 296 000	381 303 000	171 166 000	234 654 000
Total Assets	1 108 798 000	856 458 000	655 567 000	726 514 000
Total Retained Equity	32 474 000	107 458 000	189 629 000	198 363 000
Total Equity	401 944 000	476 928 000	559 099 000	567 834 000
Total Long-Term Debt	2 390 000	3 213 000	3 824 000	4 850 000
Total Current Debt	704 464 000	376 317 000	92 644 000	153 830 000
Total Equity and Debt	1 108 798 000	856 458 000	655 567 000	726 514 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	663 155 000	274 474 000	87 538 000	180 751 000
Other Income	516 000	539 000	760 000	948 000
Revenue	663 671 000	275 013 000	88 298 000	181 699 000
Cost of Goods Sold	8 141 000	10 325 000	9 818 000	9 889 000
Salary Costs	1 175 000	1 076 000	978 000	1 154 000
Depreciation	19 242 000	19 335 000	19 355 000	19 497 000
Impairment	0	0	0	0
Expenditure	109 684 000	78 563 000	76 361 000	74 462 000
Operating Profit	553 987 000	196 450 000	11 937 000	107 237 000
Financial Income	11 667 000	1 002 000	1 015 000	2 063 000
Financial Costs	1 137 000	21 351 000	10 618 000	9 484 000
Financial Balance	10 530 000	−20 349 000	−9 603 000	−7 421 000
Dividends	0	0	0	0
Net Income	221 261 000	56 767 000	−3 898 000	55 481 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	327 962 000	331 749 000	335 669 000	339 733 000
Real Eastate	130 823 000	142 860 000	0	151 130 000
Machinery and Plant Facilities	0	0	148 214 000	0
Fixtures	0	0	0	0
Total Tangible Assets	130 823 000	142 860 000	148 214 000	151 130 000
Total Fiancial Fixed Assets	717 000	546 000	518 000	997 000
Total Fixed Assets	459 502 000	475 155 000	484 401 000	491 860 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	115 691 000	66 693 000	30 341 000	27 133 000
Total Current Assets	649 296 000	381 303 000	171 166 000	234 654 000
Total Assets	1 108 798 000	856 458 000	655 567 000	726 514 000
Total Equity	401 944 000	476 928 000	559 099 000	567 834 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 390 000	3 213 000	3 824 000	4 850 000
Creditors	6 589 000	32 537 000	13 245 000	2 935 000
Unpaid Taxes	49 206 000	27 826 000	2 998 000	11 501 000
Dividends	0	0	0	0
Other Current Debt	427 924 000	226 222 000	61 590 000	101 964 000
Total Current Debt	704 464 000	376 317 000	92 644 000	153 830 000
Total Equity and Debt	1 108 798 000	856 458 000	655 567 000	726 514 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,05 %	11,9 %	−0,7 %	9,77 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	83,47 %	71,43 %	13,52 %	59,02 %
Current Ratio	0,92	1,01	1,85	1,53
Quick Ratio	0,92	1,01	1,85	1,53
Equity Ratio	0,36	0,56	0,85	0,78
Gross Profit Margin	98,77 %	96,25 %	88,88 %	94,56 %