VARDALEN EIENDOM AS

5281 VALESTRANDSFOSSEN

Finances

Share Ownership

Return on Equity

−27,57 %

Current Ratio

0,52

Debt-to-Equity Ratio

−2,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	706 000	681 000	648 000	683 000
Net Income	252 000	239 000	207 000	220 000
Total Assets	1 883 000	1 933 000	1 882 000	1 867 000
Total Equity	−914 000	−1 167 000	−1 406 000	−1 612 000

Income (NOK)	2022	2021	2020	2019
Revenue	706 000	681 000	648 000	683 000
Expenditure	279 000	290 000	243 000	236 000
Operating Profit	427 000	391 000	405 000	448 000
Financial Income	1 000	4 000	4 000	0
Financial Costs	104 000	89 000	144 000	165 000
Financial Balance	−103 000	−85 000	−140 000	−165 000
Earnings Before Tax	324 000	306 000	265 000	283 000
Tax	71 000	67 000	58 000	62 000
Net Income	252 000	239 000	207 000	220 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 780 000	1 820 000	1 755 000	1 774 000
Total Current Assets	103 000	113 000	127 000	94 000
Total Assets	1 883 000	1 933 000	1 882 000	1 867 000
Total Retained Equity	−954 000	−1 207 000	−1 446 000	−1 652 000
Total Equity	−914 000	−1 167 000	−1 406 000	−1 612 000
Total Long-Term Debt	2 598 000	2 910 000	3 114 000	3 247 000
Total Current Debt	199 000	190 000	174 000	232 000
Total Equity and Debt	1 883 000	1 933 000	1 882 000	1 867 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	706 000	681 000	648 000	683 000
Other Income	0	0	0	0
Revenue	706 000	681 000	648 000	683 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	40 000	41 000	19 000	19 000
Impairment	0	0	0	0
Expenditure	279 000	290 000	243 000	236 000
Operating Profit	427 000	391 000	405 000	448 000
Financial Income	1 000	4 000	4 000	0
Financial Costs	104 000	89 000	144 000	165 000
Financial Balance	−103 000	−85 000	−140 000	−165 000
Dividends	0	0	0	0
Net Income	252 000	239 000	207 000	220 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 716 000	1 735 000	1 755 000	1 774 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	64 000	85 000	0	0
Total Tangible Assets	1 780 000	1 820 000	1 755 000	1 774 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 780 000	1 820 000	1 755 000	1 774 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	92 000	113 000	127 000	22 000
Total Current Assets	103 000	113 000	127 000	94 000
Total Assets	1 883 000	1 933 000	1 882 000	1 867 000
Total Equity	−914 000	−1 167 000	−1 406 000	−1 612 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 598 000	2 910 000	3 114 000	3 247 000
Creditors	4 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	124 000	124 000	118 000	172 000
Total Current Debt	199 000	190 000	174 000	232 000
Total Equity and Debt	1 883 000	1 933 000	1 882 000	1 867 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,57 %	−20,48 %	−14,72 %	−13,65 %
Debt-to-Equity Ratio	−2,84	−2,49	−2,21	−2,01
Operating Profit Margin	60,48 %	57,42 %	62,5 %	65,59 %
Current Ratio	0,52	0,59	0,73	0,41
Quick Ratio	0,52	0,59	0,73	0,41
Equity Ratio	−0,49	−0,6	−0,75	−0,86
Gross Profit Margin	100 %	100 %	100 %	100 %