VRÅDAL GOLF OG HYTTEPARK AS

3940 PORSGRUNN

Finances

Share Ownership

Return on Equity

24,99 %

Current Ratio

1,08

Debt-to-Equity Ratio

0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 315 000	14 507 000	20 656 000	6 273 000
Net Income	1 131 000	479 000	3 072 000	−1 200 000
Total Assets	16 514 000	18 439 000	15 974 000	20 667 000
Total Equity	4 526 000	4 570 000	3 583 000	2 398 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 315 000	14 507 000	20 656 000	6 273 000
Expenditure	8 467 000	13 606 000	16 364 000	7 459 000
Operating Profit	1 847 000	902 000	4 292 000	−1 187 000
Financial Income	0	0	4 000	2 000
Financial Costs	397 000	288 000	357 000	353 000
Financial Balance	−397 000	−288 000	−353 000	−351 000
Earnings Before Tax	1 451 000	614 000	3 939 000	−1 538 000
Tax	319 000	135 000	867 000	−338 000
Net Income	1 131 000	479 000	3 072 000	−1 200 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 122 000	8 867 000	8 617 000	8 677 000
Total Current Assets	8 391 000	9 572 000	7 357 000	11 990 000
Total Assets	16 514 000	18 439 000	15 974 000	20 667 000
Total Retained Equity	2 985 000	3 116 000	2 638 000	1 453 000
Total Equity	4 526 000	4 570 000	3 583 000	2 398 000
Total Long-Term Debt	4 250 000	5 250 000	6 391 000	8 000 000
Total Current Debt	7 737 000	8 619 000	6 000 000	10 269 000
Total Equity and Debt	16 514 000	18 439 000	15 974 000	20 667 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 315 000	14 414 000	20 610 000	6 077 000
Other Income	0	93 000	45 000	196 000
Revenue	10 315 000	14 507 000	20 656 000	6 273 000
Cost of Goods Sold	3 523 000	8 038 000	11 647 000	2 663 000
Salary Costs	3 271 000	3 896 000	3 052 000	3 121 000
Depreciation	410 000	410 000	393 000	385 000
Impairment	0	0	0	0
Expenditure	8 467 000	13 606 000	16 364 000	7 459 000
Operating Profit	1 847 000	902 000	4 292 000	−1 187 000
Financial Income	0	0	4 000	2 000
Financial Costs	397 000	288 000	357 000	353 000
Financial Balance	−397 000	−288 000	−353 000	−351 000
Dividends	0	0	0	0
Net Income	1 131 000	479 000	3 072 000	−1 200 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	296 000	640 000	0	287 000
Real Eastate	5 823 000	5 838 000	5 852 000	5 391 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 003 000	2 389 000	2 764 000	2 999 000
Total Tangible Assets	7 826 000	8 227 000	8 617 000	8 390 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 122 000	8 867 000	8 617 000	8 677 000
Stock	5 966 000	4 747 000	4 009 000	8 074 000
Total Investments	0	0	0	0
Cash, Bank	1 495 000	447 000	148 000	1 851 000
Total Current Assets	8 391 000	9 572 000	7 357 000	11 990 000
Total Assets	16 514 000	18 439 000	15 974 000	20 667 000
Total Equity	4 526 000	4 570 000	3 583 000	2 398 000
Short-Term Group Debt	0	350 000	0	0
Total Long-Term Debt	4 250 000	5 250 000	6 391 000	8 000 000
Creditors	969 000	1 124 000	2 200 000	3 034 000
Unpaid Taxes	738 000	362 000	993 000	969 000
Dividends	0	0	0	0
Other Current Debt	3 727 000	4 795 000	2 496 000	6 265 000
Total Current Debt	7 737 000	8 619 000	6 000 000	10 269 000
Total Equity and Debt	16 514 000	18 439 000	15 974 000	20 667 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,99 %	10,48 %	85,74 %	−50,04 %
Debt-to-Equity Ratio	0,94	1,15	1,78	3,34
Operating Profit Margin	17,91 %	6,22 %	20,78 %	−18,92 %
Current Ratio	1,08	1,11	1,23	1,17
Quick Ratio	4,74	2,47	3,7	5,46
Equity Ratio	0,27	0,25	0,22	0,12
Gross Profit Margin	65,85 %	44,59 %	43,61 %	57,55 %