VALIDÉ AS

4021 STAVANGER

Finances

Return on Equity

1,78 %

Current Ratio

3,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 656 000	37 528 000	39 034 000	38 720 000
Net Income	1 120 000	1 658 000	1 242 000	3 446 000
Total Assets	79 270 000	83 757 000	78 729 000	76 498 000
Total Equity	62 991 000	61 871 000	60 213 000	55 420 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 656 000	37 528 000	39 034 000	38 720 000
Expenditure	39 759 000	38 373 000	38 565 000	40 316 000
Operating Profit	−2 102 000	−844 000	469 000	−1 596 000
Financial Income	5 326 000	4 517 000	1 964 000	6 641 000
Financial Costs	2 104 000	2 014 000	1 192 000	1 391 000
Financial Balance	3 222 000	2 503 000	772 000	5 250 000
Earnings Before Tax	1 120 000	1 658 000	1 242 000	3 654 000
Tax	0	0	0	207 000
Net Income	1 120 000	1 658 000	1 242 000	3 446 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 351 000	18 056 000	13 979 000	11 234 000
Total Current Assets	57 920 000	65 701 000	64 750 000	65 264 000
Total Assets	79 270 000	83 757 000	78 729 000	76 498 000
Total Retained Equity	10 789 000	9 669 000	8 011 000	3 218 000
Total Equity	62 991 000	61 871 000	60 213 000	55 420 000
Total Long-Term Debt	20 000	4 108 000	7 453 000	11 937 000
Total Current Debt	16 260 000	17 777 000	11 062 000	9 141 000
Total Equity and Debt	79 270 000	83 757 000	78 729 000	76 498 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 089 000	13 730 000	11 930 000	16 722 000
Other Income	23 567 000	23 799 000	27 104 000	21 999 000
Revenue	37 656 000	37 528 000	39 034 000	38 720 000
Cost of Goods Sold	0	0	0	0
Salary Costs	21 997 000	21 188 000	20 394 000	22 141 000
Depreciation	98 000	133 000	173 000	153 000
Impairment	0	0	0	0
Expenditure	39 759 000	38 373 000	38 565 000	40 316 000
Operating Profit	−2 102 000	−844 000	469 000	−1 596 000
Financial Income	5 326 000	4 517 000	1 964 000	6 641 000
Financial Costs	2 104 000	2 014 000	1 192 000	1 391 000
Financial Balance	3 222 000	2 503 000	772 000	5 250 000
Dividends	0	0	0	0
Net Income	1 120 000	1 658 000	1 242 000	3 446 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	25 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	103 000	109 000	189 000	262 000
Total Tangible Assets	103 000	109 000	189 000	287 000
Total Fiancial Fixed Assets	21 248 000	17 946 000	13 789 000	10 947 000
Total Fixed Assets	21 351 000	18 056 000	13 979 000	11 234 000
Stock	0	0	0	0
Total Investments	35 935 000	35 557 000	12 310 000	11 626 000
Cash, Bank	4 037 000	15 689 000	43 065 000	40 077 000
Total Current Assets	57 920 000	65 701 000	64 750 000	65 264 000
Total Assets	79 270 000	83 757 000	78 729 000	76 498 000
Total Equity	62 991 000	61 871 000	60 213 000	55 420 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	4 108 000	7 453 000	11 937 000
Creditors	2 847 000	3 689 000	2 316 000	2 196 000
Unpaid Taxes	1 451 000	1 634 000	1 416 000	1 613 000
Dividends	0	0	0	0
Other Current Debt	11 961 000	12 454 000	7 330 000	5 332 000
Total Current Debt	16 260 000	17 777 000	11 062 000	9 141 000
Total Equity and Debt	79 270 000	83 757 000	78 729 000	76 498 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,78 %	2,68 %	2,06 %	6,22 %
Debt-to-Equity Ratio	0	0,07	0,12	0,22
Operating Profit Margin	−5,58 %	−2,25 %	1,2 %	−4,12 %
Current Ratio	3,56	3,7	5,85	7,14
Quick Ratio	3,56	3,7	5,85	7,14
Equity Ratio	0,79	0,74	0,76	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %