VALUETECH AS

6220 STRAUMGJERDE

Finances

Share Ownership

Return on Equity

10,22 %

Current Ratio

2,11

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 709 000	2 423 000	1 868 000	1 667 000
Net Income	161 000	100 000	35 000	284 000
Total Assets	3 084 000	2 740 000	1 989 000	1 708 000
Total Equity	1 575 000	1 414 000	1 314 000	1 279 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 709 000	2 423 000	1 868 000	1 667 000
Expenditure	1 782 000	2 058 000	1 517 000	1 297 000
Operating Profit	254 000	134 000	59 000	370 000
Financial Income	0	0	0	0
Financial Costs	45 000	5 000	15 000	6 000
Financial Balance	−45 000	−5 000	−15 000	−6 000
Earnings Before Tax	209 000	128 000	45 000	364 000
Tax	48 000	28 000	10 000	80 000
Net Income	161 000	100 000	35 000	284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 985 000	1 697 000	914 000	696 000
Total Current Assets	1 099 000	1 043 000	1 074 000	1 012 000
Total Assets	3 084 000	2 740 000	1 989 000	1 708 000
Total Retained Equity	1 475 000	1 314 000	1 214 000	1 179 000
Total Equity	1 575 000	1 414 000	1 314 000	1 279 000
Total Long-Term Debt	988 000	687 000	124 000	155 000
Total Current Debt	520 000	638 000	550 000	274 000
Total Equity and Debt	3 084 000	2 740 000	1 989 000	1 708 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 890 000	2 181 000	1 258 000	1 517 000
Other Income	−181 000	241 000	610 000	150 000
Revenue	2 709 000	2 423 000	1 868 000	1 667 000
Cost of Goods Sold	30 000	−10 000	60 000	32 000
Salary Costs	641 000	1 031 000	604 000	272 000
Depreciation	198 000	137 000	130 000	64 000
Impairment	0	0	0	0
Expenditure	1 782 000	2 058 000	1 517 000	1 297 000
Operating Profit	254 000	134 000	59 000	370 000
Financial Income	0	0	0	0
Financial Costs	45 000	5 000	15 000	6 000
Financial Balance	−45 000	−5 000	−15 000	−6 000
Dividends	0	0	0	0
Net Income	161 000	100 000	35 000	284 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 003 000	700 000	250 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	982 000	997 000	664 000	716 000
Total Tangible Assets	982 000	997 000	664 000	716 000
Total Fiancial Fixed Assets	0	0	0	−20 000
Total Fixed Assets	1 985 000	1 697 000	914 000	696 000
Stock	195 000	225 000	215 000	225 000
Total Investments	0	0	0	0
Cash, Bank	156 000	76 000	203 000	222 000
Total Current Assets	1 099 000	1 043 000	1 074 000	1 012 000
Total Assets	3 084 000	2 740 000	1 989 000	1 708 000
Total Equity	1 575 000	1 414 000	1 314 000	1 279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	988 000	687 000	124 000	155 000
Creditors	136 000	70 000	278 000	32 000
Unpaid Taxes	194 000	255 000	169 000	150 000
Dividends	0	0	0	0
Other Current Debt	69 000	129 000	88 000	27 000
Total Current Debt	520 000	638 000	550 000	274 000
Total Equity and Debt	3 084 000	2 740 000	1 989 000	1 708 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,22 %	7,07 %	2,66 %	22,2 %
Debt-to-Equity Ratio	0,63	0,49	0,09	0,12
Operating Profit Margin	9,38 %	5,53 %	3,16 %	22,2 %
Current Ratio	2,11	1,63	1,95	3,69
Quick Ratio	3,38	2,53	3,21	20,65
Equity Ratio	0,51	0,52	0,66	0,75
Gross Profit Margin	98,89 %	100,41 %	96,79 %	98,08 %