VALNESFJORD SNEKKERSERVICE AS

8215 VALNESFJORD

Finances

Share Ownership

Return on Equity

63,22 %

Current Ratio

2,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	742 000	1 204 000	1 247 000	980 000
Net Income	55 000	−64 000	66 000	−2 000
Total Assets	121 000	138 000	224 000	103 000
Total Equity	87 000	32 000	96 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	742 000	1 204 000	1 247 000	980 000
Expenditure	688 000	1 267 000	1 157 000	982 000
Operating Profit	55 000	−64 000	90 000	−2 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	55 000	−64 000	90 000	−2 000
Tax	0	0	24 000	0
Net Income	55 000	−64 000	66 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	44 000	26 000	68 000
Total Current Assets	92 000	95 000	198 000	35 000
Total Assets	121 000	138 000	224 000	103 000
Total Retained Equity	65 000	10 000	74 000	8 000
Total Equity	87 000	32 000	96 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	34 000	106 000	128 000	73 000
Total Equity and Debt	121 000	138 000	224 000	103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	682 000	1 197 000	1 247 000	980 000
Other Income	60 000	7 000	0	0
Revenue	742 000	1 204 000	1 247 000	980 000
Cost of Goods Sold	266 000	685 000	544 000	303 000
Salary Costs	311 000	456 000	443 000	502 000
Depreciation	15 000	25 000	42 000	41 000
Impairment	0	0	0	0
Expenditure	688 000	1 267 000	1 157 000	982 000
Operating Profit	55 000	−64 000	90 000	−2 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	55 000	−64 000	66 000	−2 000

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	0	0	0	0
Fixtures	28 000	44 000	26 000	68 000
Total Tangible Assets	28 000	44 000	26 000	68 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000	44 000	26 000	68 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 000	82 000	77 000	22 000
Total Current Assets	92 000	95 000	198 000	35 000
Total Assets	121 000	138 000	224 000	103 000
Total Equity	87 000	32 000	96 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	3 000	60 000	59 000	22 000
Dividends	0	0	0	0
Other Current Debt	31 000	46 000	44 000	50 000
Total Current Debt	34 000	106 000	128 000	73 000
Total Equity and Debt	121 000	138 000	224 000	103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,22 %	−200 %	68,75 %	−6,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,41 %	−5,32 %	7,22 %	−0,2 %
Current Ratio	2,71	0,9	1,55	0,48
Quick Ratio	2,71	0,9	1,55	0,48
Equity Ratio	0,72	0,23	0,43	0,29
Gross Profit Margin	64,15 %	43,11 %	56,38 %	69,08 %