VALIDS AS

3029 DRAMMEN

Finances

Share Ownership

Return on Equity

17,69 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 846 000	8 410 000	7 311 000	3 742 000
Net Income	23 000	35 000	17 000	37 000
Total Assets	390 000	878 000	1 752 000	832 000
Total Equity	130 000	107 000	73 000	56 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 846 000	8 410 000	7 311 000	3 742 000
Expenditure	2 816 000	8 340 000	7 283 000	3 701 000
Operating Profit	31 000	69 000	27 000	40 000
Financial Income	22 000	10 000	8 000	1 000
Financial Costs	30 000	45 000	19 000	4 000
Financial Balance	−8 000	−35 000	−11 000	−3 000
Earnings Before Tax	23 000	35 000	17 000	37 000
Tax	0	0	0	0
Net Income	23 000	35 000	17 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	390 000	878 000	1 752 000	832 000
Total Assets	390 000	878 000	1 752 000	832 000
Total Retained Equity	100 000	77 000	43 000	26 000
Total Equity	130 000	107 000	73 000	56 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	260 000	771 000	1 679 000	776 000
Total Equity and Debt	390 000	878 000	1 752 000	832 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 846 000	8 410 000	7 311 000	3 742 000
Other Income	0	0	0	0
Revenue	2 846 000	8 410 000	7 311 000	3 742 000
Cost of Goods Sold	1 723 000	6 708 000	5 313 000	1 598 000
Salary Costs	462 000	1 070 000	1 427 000	1 613 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 816 000	8 340 000	7 283 000	3 701 000
Operating Profit	31 000	69 000	27 000	40 000
Financial Income	22 000	10 000	8 000	1 000
Financial Costs	30 000	45 000	19 000	4 000
Financial Balance	−8 000	−35 000	−11 000	−3 000
Dividends	0	0	0	0
Net Income	23 000	35 000	17 000	37 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	87 000	255 000	332 000	50 000
Total Current Assets	390 000	878 000	1 752 000	832 000
Total Assets	390 000	878 000	1 752 000	832 000
Total Equity	130 000	107 000	73 000	56 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	174 000	338 000	729 000	133 000
Unpaid Taxes	10 000	136 000	197 000	244 000
Dividends	0	0	0	0
Other Current Debt	77 000	296 000	754 000	399 000
Total Current Debt	260 000	771 000	1 679 000	776 000
Total Equity and Debt	390 000	878 000	1 752 000	832 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,69 %	32,71 %	23,29 %	66,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,09 %	0,82 %	0,37 %	1,07 %
Current Ratio	1,5	1,14	1,04	1,07
Quick Ratio	1,5	1,14	1,04	1,07
Equity Ratio	0,33	0,12	0,04	0,07
Gross Profit Margin	39,46 %	20,24 %	27,33 %	57,3 %