VARDAFJELLET VINDKRAFT AS

1777 HALDEN

Finances

Share Ownership

Return on Equity

−55,83 %

Current Ratio

2,66

Debt-to-Equity Ratio

−9,12

Key figures (EUR)	2022	2021	2020	2019
Revenue	7 260 000	1 060 000	153 000	0
Net Income	2 050 000	−4 125 000	−1 402 000	−5 455 000
Total Assets	30 831 000	30 654 000	32 059 000	139 140 000
Total Equity	−3 672 000	−5 721 000	−1 597 000	−1 921 000

Income (EUR)	2022	2021	2020	2019
Revenue	7 260 000	1 060 000	153 000	0
Expenditure	2 363 000	2 502 000	852 000	3 374 000
Operating Profit	4 896 000	−1 443 000	−700 000	−3 374 000
Financial Income	80 000	89 000	24 000	108 000
Financial Costs	2 926 000	2 771 000	727 000	2 190 000
Financial Balance	−2 846 000	−2 682 000	−703 000	−2 082 000
Earnings Before Tax	2 050 000	−4 125 000	−1 402 000	−5 455 000
Tax	0	0	0	0
Net Income	2 050 000	−4 125 000	−1 402 000	−5 455 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	28 126 000	29 359 000	30 618 000	123 753 000
Total Current Assets	2 705 000	1 295 000	1 441 000	15 387 000
Total Assets	30 831 000	30 654 000	32 059 000	139 140 000
Total Retained Equity	−6 476 000	−8 526 000	−4 401 000	−29 585 000
Total Equity	−3 672 000	−5 721 000	−1 597 000	−1 921 000
Total Long-Term Debt	33 487 000	35 602 000	33 012 000	134 200 000
Total Current Debt	1 016 000	773 000	644 000	6 861 000
Total Equity and Debt	30 831 000	30 654 000	32 059 000	139 140 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	6 562 000	1 060 000	153 000	0
Other Income	698 000	0	0	0
Revenue	7 260 000	1 060 000	153 000	0
Cost of Goods Sold	209 000	637 000	421 000	0
Salary Costs	0	0	0	0
Depreciation	1 233 000	1 232 000	233 000	0
Impairment	0	0	0	0
Expenditure	2 363 000	2 502 000	852 000	3 374 000
Operating Profit	4 896 000	−1 443 000	−700 000	−3 374 000
Financial Income	80 000	89 000	24 000	108 000
Financial Costs	2 926 000	2 771 000	727 000	2 190 000
Financial Balance	−2 846 000	−2 682 000	−703 000	−2 082 000
Dividends	0	0	0	0
Net Income	2 050 000	−4 125 000	−1 402 000	−5 455 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	123 753 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 126 000	29 359 000	30 618 000	0
Total Tangible Assets	28 126 000	29 359 000	30 618 000	123 753 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 126 000	29 359 000	30 618 000	123 753 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	746 000	558 000	325 000	13 985 000
Total Current Assets	2 705 000	1 295 000	1 441 000	15 387 000
Total Assets	30 831 000	30 654 000	32 059 000	139 140 000
Total Equity	−3 672 000	−5 721 000	−1 597 000	−1 921 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 487 000	35 602 000	33 012 000	134 200 000
Creditors	165 000	152 000	398 000	6 792 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	851 000	620 000	246 000	69 000
Total Current Debt	1 016 000	773 000	644 000	6 861 000
Total Equity and Debt	30 831 000	30 654 000	32 059 000	139 140 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−55,83 %	72,1 %	87,79 %	283,97 %
Debt-to-Equity Ratio	−9,12	−6,22	−20,67	−69,86
Operating Profit Margin	67,44 %	−136,13 %	−457,52 %	-
Current Ratio	2,66	1,68	2,24	2,24
Quick Ratio	2,66	1,68	2,24	2,24
Equity Ratio	−0,12	−0,19	−0,05	−0,01
Gross Profit Margin	97,12 %	39,91 %	−175,16 %	-