VALNESFJORD PRODUKSJON AS

8215 VALNESFJORD

Finances

Share Ownership

Return on Equity

4,39 %

Current Ratio

1,11

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 203 000	3 753 000	3 602 000	2 755 000
Net Income	21 000	101 000	96 000	62 000
Total Assets	1 324 000	1 060 000	1 011 000	618 000
Total Equity	478 000	458 000	357 000	260 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 203 000	3 753 000	3 602 000	2 755 000
Expenditure	4 168 000	3 610 000	3 473 000	2 676 000
Operating Profit	35 000	143 000	130 000	79 000
Financial Income	0	0	0	0
Financial Costs	8 000	12 000	7 000	1 000
Financial Balance	−8 000	−12 000	−7 000	−1 000
Earnings Before Tax	27 000	131 000	124 000	79 000
Tax	6 000	30 000	27 000	17 000
Net Income	21 000	101 000	96 000	62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	606 000	355 000	428 000	56 000
Total Current Assets	718 000	705 000	583 000	562 000
Total Assets	1 324 000	1 060 000	1 011 000	618 000
Total Retained Equity	456 000	435 000	335 000	238 000
Total Equity	478 000	458 000	357 000	260 000
Total Long-Term Debt	202 000	77 000	288 000	0
Total Current Debt	644 000	525 000	366 000	358 000
Total Equity and Debt	1 324 000	1 060 000	1 011 000	618 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 203 000	3 753 000	3 602 000	2 755 000
Other Income	0	0	0	0
Revenue	4 203 000	3 753 000	3 602 000	2 755 000
Cost of Goods Sold	1 845 000	1 206 000	1 392 000	1 234 000
Salary Costs	1 722 000	1 749 000	1 457 000	956 000
Depreciation	93 000	98 000	57 000	19 000
Impairment	0	0	13 000	0
Expenditure	4 168 000	3 610 000	3 473 000	2 676 000
Operating Profit	35 000	143 000	130 000	79 000
Financial Income	0	0	0	0
Financial Costs	8 000	12 000	7 000	1 000
Financial Balance	−8 000	−12 000	−7 000	−1 000
Dividends	0	0	0	0
Net Income	21 000	101 000	96 000	62 000

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	606 000	355 000	428 000	56 000
Total Tangible Assets	606 000	355 000	428 000	56 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	606 000	355 000	428 000	56 000
Stock	0	1 000	0	0
Total Investments	0	0	0	0
Cash, Bank	561 000	480 000	339 000	179 000
Total Current Assets	718 000	705 000	583 000	562 000
Total Assets	1 324 000	1 060 000	1 011 000	618 000
Total Equity	478 000	458 000	357 000	260 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	202 000	77 000	288 000	0
Creditors	178 000	124 000	17 000	129 000
Unpaid Taxes	201 000	203 000	190 000	116 000
Dividends	0	0	0	0
Other Current Debt	265 000	165 000	142 000	96 000
Total Current Debt	644 000	525 000	366 000	358 000
Total Equity and Debt	1 324 000	1 060 000	1 011 000	618 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,39 %	22,05 %	26,89 %	23,85 %
Debt-to-Equity Ratio	0,42	0,17	0,81	0
Operating Profit Margin	0,83 %	3,81 %	3,61 %	2,87 %
Current Ratio	1,11	1,34	1,59	1,57
Quick Ratio	1,11	1,35	1,59	1,57
Equity Ratio	0,36	0,43	0,35	0,42
Gross Profit Margin	56,1 %	67,87 %	61,35 %	55,21 %