VALDRES ELEMENTPRODUKSJON AS

2943 ROGNE

Finances

Share Ownership

Return on Equity

16,37 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 937 000	5 805 000	4 864 000	3 291 000
Net Income	129 000	189 000	−107 000	554 000
Total Assets	1 717 000	1 748 000	1 164 000	1 357 000
Total Equity	788 000	660 000	470 000	577 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 937 000	5 805 000	4 864 000	3 291 000
Expenditure	5 770 000	5 542 000	5 015 000	2 583 000
Operating Profit	167 000	261 000	−151 000	709 000
Financial Income	0	0	1 000	0
Financial Costs	1 000	1 000	4 000	0
Financial Balance	−1 000	−1 000	−3 000	0
Earnings Before Tax	166 000	260 000	−154 000	708 000
Tax	37 000	71 000	−47 000	154 000
Net Income	129 000	189 000	−107 000	554 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	267 000	387 000	506 000	116 000
Total Current Assets	1 450 000	1 362 000	658 000	1 241 000
Total Assets	1 717 000	1 748 000	1 164 000	1 357 000
Total Retained Equity	758 000	630 000	440 000	547 000
Total Equity	788 000	660 000	470 000	577 000
Total Long-Term Debt	0	9 000	0	4 000
Total Current Debt	929 000	1 080 000	693 000	776 000
Total Equity and Debt	1 717 000	1 748 000	1 164 000	1 357 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 937 000	5 805 000	4 864 000	3 291 000
Other Income	0	0	0	0
Revenue	5 937 000	5 805 000	4 864 000	3 291 000
Cost of Goods Sold	2 260 000	2 505 000	1 939 000	934 000
Salary Costs	2 763 000	2 555 000	2 393 000	1 331 000
Depreciation	119 000	119 000	81 000	9 000
Impairment	0	0	0	0
Expenditure	5 770 000	5 542 000	5 015 000	2 583 000
Operating Profit	167 000	261 000	−151 000	709 000
Financial Income	0	0	1 000	0
Financial Costs	1 000	1 000	4 000	0
Financial Balance	−1 000	−1 000	−3 000	0
Dividends	0	0	0	0
Net Income	129 000	189 000	−107 000	554 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	211 000	298 000	386 000	116 000
Fixtures	56 000	88 000	120 000	0
Total Tangible Assets	267 000	387 000	506 000	116 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	267 000	387 000	506 000	116 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	413 000	913 000	363 000	1 202 000
Total Current Assets	1 450 000	1 362 000	658 000	1 241 000
Total Assets	1 717 000	1 748 000	1 164 000	1 357 000
Total Equity	788 000	660 000	470 000	577 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	9 000	0	4 000
Creditors	253 000	389 000	253 000	0
Unpaid Taxes	185 000	233 000	158 000	342 000
Dividends	0	0	0	0
Other Current Debt	444 000	396 000	281 000	283 000
Total Current Debt	929 000	1 080 000	693 000	776 000
Total Equity and Debt	1 717 000	1 748 000	1 164 000	1 357 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,37 %	28,64 %	−22,77 %	96,01 %
Debt-to-Equity Ratio	0	0,01	0	0,01
Operating Profit Margin	2,81 %	4,5 %	−3,1 %	21,54 %
Current Ratio	1,56	1,26	0,95	1,6
Quick Ratio	1,56	1,26	0,95	1,6
Equity Ratio	0,46	0,38	0,4	0,43
Gross Profit Margin	61,93 %	56,85 %	60,14 %	71,62 %