VALTEC AS

7019 TRONDHEIM

Finances

Share Ownership

Return on Equity

74,85 %

Current Ratio

1,52

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 392 000	26 546 000	17 690 000	21 042 000
Net Income	2 673 000	1 963 000	1 754 000	−318 000
Total Assets	11 906 000	9 446 000	6 872 000	2 571 000
Total Equity	3 571 000	3 898 000	1 935 000	181 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 392 000	26 546 000	17 690 000	21 042 000
Expenditure	33 953 000	24 031 000	15 395 000	21 253 000
Operating Profit	3 440 000	2 515 000	2 295 000	−211 000
Financial Income	−10 000	14 000	8 000	1 000
Financial Costs	2 000	12 000	54 000	198 000
Financial Balance	−12 000	2 000	−46 000	−197 000
Earnings Before Tax	3 428 000	2 517 000	2 249 000	−408 000
Tax	754 000	553 000	495 000	−90 000
Net Income	2 673 000	1 963 000	1 754 000	−318 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	642 000	335 000	42 000	338 000
Total Current Assets	11 264 000	9 111 000	6 830 000	2 232 000
Total Assets	11 906 000	9 446 000	6 872 000	2 571 000
Total Retained Equity	3 541 000	3 868 000	1 905 000	151 000
Total Equity	3 571 000	3 898 000	1 935 000	181 000
Total Long-Term Debt	904 000	939 000	580 000	327 000
Total Current Debt	7 430 000	4 609 000	4 357 000	2 063 000
Total Equity and Debt	11 906 000	9 446 000	6 872 000	2 571 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 396 000	26 546 000	17 673 000	21 042 000
Other Income	−4 000	0	17 000	0
Revenue	37 392 000	26 546 000	17 690 000	21 042 000
Cost of Goods Sold	20 364 000	16 236 000	9 951 000	12 330 000
Salary Costs	12 173 000	6 339 000	4 158 000	6 604 000
Depreciation	152 000	31 000	82 000	100 000
Impairment	0	0	0	0
Expenditure	33 953 000	24 031 000	15 395 000	21 253 000
Operating Profit	3 440 000	2 515 000	2 295 000	−211 000
Financial Income	−10 000	14 000	8 000	1 000
Financial Costs	2 000	12 000	54 000	198 000
Financial Balance	−12 000	2 000	−46 000	−197 000
Dividends	0	0	0	0
Net Income	2 673 000	1 963 000	1 754 000	−318 000

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	584 000	335 000	24 000	288 000
Total Tangible Assets	584 000	335 000	24 000	288 000
Total Fiancial Fixed Assets	59 000	0	18 000	50 000
Total Fixed Assets	642 000	335 000	42 000	338 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 822 000	4 304 000	4 765 000	783 000
Total Current Assets	11 264 000	9 111 000	6 830 000	2 232 000
Total Assets	11 906 000	9 446 000	6 872 000	2 571 000
Total Equity	3 571 000	3 898 000	1 935 000	181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	904 000	939 000	580 000	327 000
Creditors	3 077 000	2 045 000	2 994 000	611 000
Unpaid Taxes	1 440 000	1 192 000	491 000	574 000
Dividends	0	0	0	0
Other Current Debt	2 124 000	1 177 000	872 000	878 000
Total Current Debt	7 430 000	4 609 000	4 357 000	2 063 000
Total Equity and Debt	11 906 000	9 446 000	6 872 000	2 571 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,85 %	50,36 %	90,65 %	−175,69 %
Debt-to-Equity Ratio	0,25	0,24	0,3	1,81
Operating Profit Margin	9,2 %	9,47 %	12,97 %	−1 %
Current Ratio	1,52	1,98	1,57	1,08
Quick Ratio	1,52	1,98	1,57	1,08
Equity Ratio	0,3	0,41	0,28	0,07
Gross Profit Margin	45,54 %	38,84 %	43,75 %	41,4 %