VARDENÆR GARTNERI AS

1394 NESBRU

Finances

Share Ownership

Return on Equity

36,01 %

Current Ratio

1,98

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2021	2020	2019	2018
Revenue	20 804 000	20 405 000	14 678 000	15 637 000
Net Income	946 000	2 113 000	−348 000	−552 000
Total Assets	6 767 000	6 154 000	3 621 000	4 215 000
Total Equity	2 627 000	1 681 000	−432 000	−83 000

Income (NOK)	2021	2020	2019	2018
Revenue	20 804 000	20 405 000	14 678 000	15 637 000
Expenditure	19 740 000	18 278 000	14 874 000	16 108 000
Operating Profit	1 064 000	2 128 000	−195 000	−471 000
Financial Income	61 000	62 000	17 000	29 000
Financial Costs	41 000	77 000	170 000	110 000
Financial Balance	20 000	−15 000	−153 000	−81 000
Earnings Before Tax	1 084 000	2 113 000	−348 000	−552 000
Tax	138 000	0	0	0
Net Income	946 000	2 113 000	−348 000	−552 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	162 000	247 000	323 000	585 000
Total Current Assets	6 605 000	5 907 000	3 298 000	3 630 000
Total Assets	6 767 000	6 154 000	3 621 000	4 215 000
Total Retained Equity	527 000	−419 000	−2 532 000	−2 183 000
Total Equity	2 627 000	1 681 000	−432 000	−83 000
Total Long-Term Debt	800 000	800 000	800 000	0
Total Current Debt	3 340 000	3 673 000	3 252 000	4 299 000
Total Equity and Debt	6 767 000	6 154 000	3 621 000	4 215 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	20 717 000	20 273 000	14 582 000	15 517 000
Other Income	87 000	132 000	96 000	120 000
Revenue	20 804 000	20 405 000	14 678 000	15 637 000
Cost of Goods Sold	12 020 000	11 443 000	8 492 000	9 693 000
Salary Costs	4 376 000	4 273 000	3 911 000	4 025 000
Depreciation	234 000	217 000	234 000	231 000
Impairment	0	0	0	0
Expenditure	19 740 000	18 278 000	14 874 000	16 108 000
Operating Profit	1 064 000	2 128 000	−195 000	−471 000
Financial Income	61 000	62 000	17 000	29 000
Financial Costs	41 000	77 000	170 000	110 000
Financial Balance	20 000	−15 000	−153 000	−81 000
Dividends	0	0	0	0
Net Income	946 000	2 113 000	−348 000	−552 000

Balance details (NOK)	2021	2020	2019	2018
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	34 000
Fixtures	110 000	185 000	323 000	551 000
Total Tangible Assets	110 000	185 000	323 000	585 000
Total Fiancial Fixed Assets	53 000	62 000	0	0
Total Fixed Assets	162 000	247 000	323 000	585 000
Stock	1 473 000	1 420 000	1 192 000	1 154 000
Total Investments	0	0	0	0
Cash, Bank	2 936 000	2 330 000	206 000	102 000
Total Current Assets	6 605 000	5 907 000	3 298 000	3 630 000
Total Assets	6 767 000	6 154 000	3 621 000	4 215 000
Total Equity	2 627 000	1 681 000	−432 000	−83 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	800 000	800 000	800 000	0
Creditors	1 439 000	1 890 000	1 631 000	2 195 000
Unpaid Taxes	632 000	714 000	642 000	623 000
Dividends	0	0	0	0
Other Current Debt	1 132 000	1 069 000	979 000	1 080 000
Total Current Debt	3 340 000	3 673 000	3 252 000	4 299 000
Total Equity and Debt	6 767 000	6 154 000	3 621 000	4 215 000

Financial indicators	2021	2020	2019	2018
Return on Equity	36,01 %	125,7 %	80,56 %	665,06 %
Debt-to-Equity Ratio	0,3	0,48	−1,85	−0
Operating Profit Margin	5,11 %	10,43 %	−1,33 %	−3,01 %
Current Ratio	1,98	1,61	1,01	0,84
Quick Ratio	3,54	2,62	1,6	1,15
Equity Ratio	0,39	0,27	−0,12	−0,02
Gross Profit Margin	42,22 %	43,92 %	42,14 %	38,01 %