VARDHALLEN AS

5519 HAUGESUND

Finances

Share Ownership

Return on Equity

11,67 %

Current Ratio

1,36

Debt-to-Equity Ratio

10,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	569 000	480 000	560 000	600 000
Net Income	125 000	42 000	60 000	62 000
Total Assets	12 059 000	12 324 000	12 726 000	12 959 000
Total Equity	1 071 000	945 000	904 000	844 000

Income (NOK)	2022	2021	2020	2019
Revenue	569 000	480 000	560 000	600 000
Expenditure	295 000	296 000	297 000	294 000
Operating Profit	274 000	184 000	263 000	306 000
Financial Income	0	0	0	0
Financial Costs	113 000	130 000	186 000	226 000
Financial Balance	−113 000	−130 000	−186 000	−226 000
Earnings Before Tax	161 000	54 000	77 000	79 000
Tax	35 000	12 000	17 000	17 000
Net Income	125 000	42 000	60 000	62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 040 000	12 320 000	12 600 000	12 880 000
Total Current Assets	19 000	4 000	126 000	79 000
Total Assets	12 059 000	12 324 000	12 726 000	12 959 000
Total Retained Equity	971 000	845 000	804 000	744 000
Total Equity	1 071 000	945 000	904 000	844 000
Total Long-Term Debt	10 974 000	11 375 000	11 807 000	12 102 000
Total Current Debt	14 000	4 000	16 000	14 000
Total Equity and Debt	12 059 000	12 324 000	12 726 000	12 959 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	569 000	480 000	560 000	600 000
Revenue	569 000	480 000	560 000	600 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	280 000	280 000	280 000	280 000
Impairment	0	0	0	0
Expenditure	295 000	296 000	297 000	294 000
Operating Profit	274 000	184 000	263 000	306 000
Financial Income	0	0	0	0
Financial Costs	113 000	130 000	186 000	226 000
Financial Balance	−113 000	−130 000	−186 000	−226 000
Dividends	0	0	0	0
Net Income	125 000	42 000	60 000	62 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 040 000	12 320 000	12 600 000	12 880 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 040 000	12 320 000	12 600 000	12 880 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 040 000	12 320 000	12 600 000	12 880 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	4 000	126 000	79 000
Total Current Assets	19 000	4 000	126 000	79 000
Total Assets	12 059 000	12 324 000	12 726 000	12 959 000
Total Equity	1 071 000	945 000	904 000	844 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 974 000	11 375 000	11 807 000	12 102 000
Creditors	7 000	0	8 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	4 000	8 000	11 000
Total Current Debt	14 000	4 000	16 000	14 000
Total Equity and Debt	12 059 000	12 324 000	12 726 000	12 959 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,67 %	4,44 %	6,64 %	7,35 %
Debt-to-Equity Ratio	10,25	12,04	13,06	14,34
Operating Profit Margin	48,15 %	38,33 %	46,96 %	51 %
Current Ratio	1,36	1	7,88	5,64
Quick Ratio	1,36	1	7,88	5,64
Equity Ratio	0,09	0,08	0,07	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %