VALENTIN INDUSTRIES AS

1394 NESBRU

Finances

Return on Equity

19,09 %

Current Ratio

1,55

Debt-to-Equity Ratio

−2,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	780 000	444 000	0	440 000
Net Income	−67 000	−70 000	−285 000	18 000
Total Assets	1 281 000	1 059 000	878 000	1 073 000
Total Equity	−351 000	−284 000	−214 000	71 000

Income (NOK)	2022	2021	2020	2019
Revenue	780 000	444 000	0	440 000
Expenditure	993 000	441 000	285 000	443 000
Operating Profit	−214 000	3 000	−285 000	−3 000
Financial Income	147 000	0	0	21 000
Financial Costs	0	73 000	0	0
Financial Balance	147 000	−73 000	0	21 000
Earnings Before Tax	−67 000	−70 000	−285 000	18 000
Tax	0	0	0	0
Net Income	−67 000	−70 000	−285 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 000	29 000	129 000	227 000
Total Current Assets	1 235 000	1 030 000	749 000	845 000
Total Assets	1 281 000	1 059 000	878 000	1 073 000
Total Retained Equity	−381 000	−314 000	−244 000	41 000
Total Equity	−351 000	−284 000	−214 000	71 000
Total Long-Term Debt	834 000	834 000	0	400 000
Total Current Debt	798 000	508 000	1 092 000	601 000
Total Equity and Debt	1 281 000	1 059 000	878 000	1 073 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	780 000	444 000	0	440 000
Other Income	0	0	0	0
Revenue	780 000	444 000	0	440 000
Cost of Goods Sold	0	0	0	62 000
Salary Costs	833 000	0	0	−1 000
Depreciation	0	90 000	98 000	103 000
Impairment	0	0	0	0
Expenditure	993 000	441 000	285 000	443 000
Operating Profit	−214 000	3 000	−285 000	−3 000
Financial Income	147 000	0	0	21 000
Financial Costs	0	73 000	0	0
Financial Balance	147 000	−73 000	0	21 000
Dividends	0	0	0	0
Net Income	−67 000	−70 000	−285 000	18 000

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	90 000	188 000
Total Tangible Assets	0	0	90 000	188 000
Total Fiancial Fixed Assets	46 000	29 000	39 000	39 000
Total Fixed Assets	46 000	29 000	129 000	227 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	4 000	6 000	5 000
Total Current Assets	1 235 000	1 030 000	749 000	845 000
Total Assets	1 281 000	1 059 000	878 000	1 073 000
Total Equity	−351 000	−284 000	−214 000	71 000
Short-Term Group Debt	0	300 000	866 000	0
Total Long-Term Debt	834 000	834 000	0	400 000
Creditors	103 000	134 000	131 000	73 000
Unpaid Taxes	617 000	74 000	94 000	3 000
Dividends	0	0	0	0
Other Current Debt	78 000	0	0	526 000
Total Current Debt	798 000	508 000	1 092 000	601 000
Total Equity and Debt	1 281 000	1 059 000	878 000	1 073 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,09 %	24,65 %	133,18 %	25,35 %
Debt-to-Equity Ratio	−2,38	−2,94	−0	5,63
Operating Profit Margin	−27,44 %	0,68 %	-	−0,68 %
Current Ratio	1,55	2,03	0,69	1,41
Quick Ratio	1,55	2,03	0,69	1,41
Equity Ratio	−0,27	−0,27	−0,24	0,07
Gross Profit Margin	100 %	100 %	-	85,91 %