VAARDAL-LUNDE AS

4056 TANANGER

Finances

Return on Equity

−48,81 %

Current Ratio

3,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	196 000	211 000	53 000	221 000
Net Income	−41 000	91 000	−38 000	−173 000
Total Assets	119 000	154 000	110 000	102 000
Total Equity	84 000	125 000	34 000	71 000

Income (NOK)	2022	2021	2020	2019
Revenue	196 000	211 000	53 000	221 000
Expenditure	222 000	94 000	94 000	241 000
Operating Profit	−26 000	117 000	−41 000	−20 000
Financial Income	0	0	3 000	0
Financial Costs	20 000	9 000	0	158 000
Financial Balance	−20 000	−9 000	3 000	−158 000
Earnings Before Tax	−46 000	108 000	−38 000	−178 000
Tax	−6 000	17 000	0	−4 000
Net Income	−41 000	91 000	−38 000	−173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	35 000	61 000	47 000
Total Current Assets	110 000	119 000	49 000	55 000
Total Assets	119 000	154 000	110 000	102 000
Total Retained Equity	−16 000	25 000	−66 000	−29 000
Total Equity	84 000	125 000	34 000	71 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	34 000	29 000	76 000	31 000
Total Equity and Debt	119 000	154 000	110 000	102 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	196 000	61 000	53 000	221 000
Other Income	0	150 000	0	0
Revenue	196 000	211 000	53 000	221 000
Cost of Goods Sold	8 000	0	0	21 000
Salary Costs	136 000	38 000	43 000	141 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	222 000	94 000	94 000	241 000
Operating Profit	−26 000	117 000	−41 000	−20 000
Financial Income	0	0	3 000	0
Financial Costs	20 000	9 000	0	158 000
Financial Balance	−20 000	−9 000	3 000	−158 000
Dividends	0	0	0	0
Net Income	−41 000	91 000	−38 000	−173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	3 000	20 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	32 000	41 000	27 000
Total Fixed Assets	9 000	35 000	61 000	47 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	95 000	84 000	11 000	35 000
Total Current Assets	110 000	119 000	49 000	55 000
Total Assets	119 000	154 000	110 000	102 000
Total Equity	84 000	125 000	34 000	71 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	4 000	3 000	7 000
Unpaid Taxes	3 000	7 000	5 000	3 000
Dividends	0	0	0	0
Other Current Debt	24 000	18 000	68 000	21 000
Total Current Debt	34 000	29 000	76 000	31 000
Total Equity and Debt	119 000	154 000	110 000	102 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,81 %	72,8 %	−111,76 %	−243,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−13,27 %	55,45 %	−77,36 %	−9,05 %
Current Ratio	3,24	4,1	0,64	1,77
Quick Ratio	3,24	4,1	0,64	1,77
Equity Ratio	0,71	0,81	0,31	0,7
Gross Profit Margin	95,92 %	100 %	100 %	90,5 %