VALDRES GLASSERVICE AS

2900 FAGERNES

Finances

Share Ownership

Return on Equity

35,42 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 235 000	5 258 000	5 543 000	4 885 000
Net Income	204 000	156 000	476 000	120 000
Total Assets	1 857 000	1 447 000	1 313 000	725 000
Total Equity	576 000	572 000	615 000	139 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 235 000	5 258 000	5 543 000	4 885 000
Expenditure	5 957 000	5 049 000	4 929 000	4 728 000
Operating Profit	277 000	208 000	614 000	157 000
Financial Income	5 000	6 000	4 000	5 000
Financial Costs	21 000	15 000	5 000	14 000
Financial Balance	−16 000	−9 000	−1 000	−9 000
Earnings Before Tax	262 000	200 000	614 000	149 000
Tax	58 000	43 000	137 000	29 000
Net Income	204 000	156 000	476 000	120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	115 000	432 000	124 000	173 000
Total Current Assets	1 497 000	1 016 000	1 188 000	552 000
Total Assets	1 857 000	1 447 000	1 313 000	725 000
Total Retained Equity	486 000	482 000	525 000	49 000
Total Equity	576 000	572 000	615 000	139 000
Total Long-Term Debt	291 000	334 000	0	8 000
Total Current Debt	991 000	542 000	698 000	578 000
Total Equity and Debt	1 857 000	1 447 000	1 313 000	725 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 161 000	5 132 000	5 527 000	4 883 000
Other Income	74 000	126 000	16 000	2 000
Revenue	6 235 000	5 258 000	5 543 000	4 885 000
Cost of Goods Sold	3 117 000	2 464 000	2 463 000	2 104 000
Salary Costs	1 819 000	1 794 000	1 814 000	1 736 000
Depreciation	91 000	47 000	33 000	31 000
Impairment	0	0	0	0
Expenditure	5 957 000	5 049 000	4 929 000	4 728 000
Operating Profit	277 000	208 000	614 000	157 000
Financial Income	5 000	6 000	4 000	5 000
Financial Costs	21 000	15 000	5 000	14 000
Financial Balance	−16 000	−9 000	−1 000	−9 000
Dividends	200 000	200 000	0	0
Net Income	204 000	156 000	476 000	120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	296 000	43 000	51 000
Machinery and Plant Facilities	83 000	84 000	44 000	22 000
Fixtures	0	0	31 000	76 000
Total Tangible Assets	83 000	380 000	118 000	149 000
Total Fiancial Fixed Assets	32 000	52 000	7 000	24 000
Total Fixed Assets	115 000	432 000	124 000	173 000
Stock	294 000	201 000	128 000	143 000
Total Investments	0	0	0	0
Cash, Bank	871 000	579 000	748 000	101 000
Total Current Assets	1 497 000	1 016 000	1 188 000	552 000
Total Assets	1 857 000	1 447 000	1 313 000	725 000
Total Equity	576 000	572 000	615 000	139 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	291 000	334 000	0	8 000
Creditors	320 000	197 000	155 000	102 000
Unpaid Taxes	232 000	175 000	236 000	250 000
Dividends	200 000	200 000	0	0
Other Current Debt	174 000	158 000	162 000	205 000
Total Current Debt	991 000	542 000	698 000	578 000
Total Equity and Debt	1 857 000	1 447 000	1 313 000	725 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,42 %	27,27 %	77,4 %	86,33 %
Debt-to-Equity Ratio	0,51	0,58	0	0,06
Operating Profit Margin	4,44 %	3,96 %	11,08 %	3,21 %
Current Ratio	1,51	1,87	1,7	0,96
Quick Ratio	2,15	2,98	2,08	1,27
Equity Ratio	0,31	0,4	0,47	0,19
Gross Profit Margin	50,01 %	53,14 %	55,57 %	56,93 %