VARDEBERG INVEST AS

1914 YTRE ENEBAKK

Finances

Share Ownership

Return on Equity

39,93 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	993 000	1 050 000	1 013 000	910 000
Net Income	577 000	641 000	709 000	659 000
Total Assets	3 209 000	2 949 000	2 926 000	2 652 000
Total Equity	1 445 000	2 368 000	2 125 000	2 016 000

Income (NOK)	2022	2021	2020	2019
Revenue	993 000	1 050 000	1 013 000	910 000
Expenditure	253 000	225 000	105 000	66 000
Operating Profit	740 000	826 000	909 000	845 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	1 000	1 000
Earnings Before Tax	740 000	825 000	909 000	846 000
Tax	162 000	183 000	201 000	187 000
Net Income	577 000	641 000	709 000	659 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	546 000	426 000	438 000	448 000
Total Current Assets	2 663 000	2 523 000	2 488 000	2 205 000
Total Assets	3 209 000	2 949 000	2 926 000	2 652 000
Total Retained Equity	945 000	1 868 000	1 625 000	1 516 000
Total Equity	1 445 000	2 368 000	2 125 000	2 016 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 764 000	581 000	801 000	636 000
Total Equity and Debt	3 209 000	2 949 000	2 926 000	2 652 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	993 000	1 050 000	1 013 000	910 000
Other Income	0	0	0	0
Revenue	993 000	1 050 000	1 013 000	910 000
Cost of Goods Sold	0	0	0	10 000
Salary Costs	0	0	0	0
Depreciation	10 000	11 000	11 000	11 000
Impairment	0	0	0	0
Expenditure	253 000	225 000	105 000	66 000
Operating Profit	740 000	826 000	909 000	845 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	1 000	1 000
Dividends	1 500 000	400 000	600 000	450 000
Net Income	577 000	641 000	709 000	659 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	13 000	14 000	14 000
Real Eastate	528 000	413 000	423 000	434 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	528 000	413 000	423 000	434 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	546 000	426 000	438 000	448 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 630 000	2 388 000	2 397 000	2 193 000
Total Current Assets	2 663 000	2 523 000	2 488 000	2 205 000
Total Assets	3 209 000	2 949 000	2 926 000	2 652 000
Total Equity	1 445 000	2 368 000	2 125 000	2 016 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 500 000	400 000	600 000	450 000
Other Current Debt	77 000	−1 000	0	0
Total Current Debt	1 764 000	581 000	801 000	636 000
Total Equity and Debt	3 209 000	2 949 000	2 926 000	2 652 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,93 %	27,07 %	33,36 %	32,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	74,52 %	78,67 %	89,73 %	92,86 %
Current Ratio	1,51	4,34	3,11	3,47
Quick Ratio	1,51	4,34	3,11	3,47
Equity Ratio	0,45	0,8	0,73	0,76
Gross Profit Margin	100 %	100 %	100 %	98,9 %