VALVOLINE OIL AS

2020 SKEDSMOKORSET

Finances

Return on Equity

8,62 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	84 231 000	77 626 000	81 778 000	87 895 000
Net Income	1 280 000	1 102 000	1 846 000	613 000
Total Assets	34 917 000	27 520 000	27 771 000	29 965 000
Total Equity	14 849 000	14 770 000	14 667 000	15 321 000

Income (NOK)	2022	2021	2020	2019
Revenue	84 231 000	77 626 000	81 778 000	87 895 000
Expenditure	82 392 000	76 408 000	79 141 000	86 806 000
Operating Profit	1 838 000	1 219 000	2 637 000	1 089 000
Financial Income	761 000	645 000	760 000	475 000
Financial Costs	943 000	446 000	1 015 000	756 000
Financial Balance	−182 000	199 000	−255 000	−281 000
Earnings Before Tax	1 656 000	1 419 000	2 381 000	808 000
Tax	376 000	317 000	535 000	194 000
Net Income	1 280 000	1 102 000	1 846 000	613 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 555 000	5 124 000	7 350 000	9 351 000
Total Current Assets	30 362 000	22 396 000	20 421 000	20 614 000
Total Assets	34 917 000	27 520 000	27 771 000	29 965 000
Total Retained Equity	1 419 000	1 339 000	1 237 000	1 891 000
Total Equity	14 849 000	14 770 000	14 667 000	15 321 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	20 068 000	12 751 000	13 104 000	14 644 000
Total Equity and Debt	34 917 000	27 520 000	27 771 000	29 965 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	81 913 000	75 865 000	79 841 000	85 583 000
Other Income	2 317 000	1 761 000	1 937 000	2 312 000
Revenue	84 231 000	77 626 000	81 778 000	87 895 000
Cost of Goods Sold	44 815 000	42 137 000	47 399 000	49 389 000
Salary Costs	16 344 000	14 901 000	12 982 000	15 690 000
Depreciation	1 641 000	2 105 000	2 663 000	2 343 000
Impairment	0	0	0	0
Expenditure	82 392 000	76 408 000	79 141 000	86 806 000
Operating Profit	1 838 000	1 219 000	2 637 000	1 089 000
Financial Income	761 000	645 000	760 000	475 000
Financial Costs	943 000	446 000	1 015 000	756 000
Financial Balance	−182 000	199 000	−255 000	−281 000
Dividends	1 200 000	1 000 000	500 000	0
Net Income	1 280 000	1 102 000	1 846 000	613 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	650 000	621 000	570 000	479 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 381 000	2 584 000	3 416 000	4 044 000
Fixtures	530 000	881 000	1 714 000	2 848 000
Total Tangible Assets	2 911 000	3 465 000	5 129 000	6 891 000
Total Fiancial Fixed Assets	994 000	1 038 000	1 652 000	1 981 000
Total Fixed Assets	4 555 000	5 124 000	7 350 000	9 351 000
Stock	20 710 000	13 708 000	10 658 000	12 490 000
Total Investments	0	0	0	0
Cash, Bank	722 000	909 000	2 178 000	1 052 000
Total Current Assets	30 362 000	22 396 000	20 421 000	20 614 000
Total Assets	34 917 000	27 520 000	27 771 000	29 965 000
Total Equity	14 849 000	14 770 000	14 667 000	15 321 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 613 000	3 044 000	4 625 000	4 859 000
Unpaid Taxes	3 517 000	3 246 000	2 959 000	2 717 000
Dividends	1 200 000	1 000 000	500 000	0
Other Current Debt	3 974 000	3 654 000	4 393 000	4 335 000
Total Current Debt	20 068 000	12 751 000	13 104 000	14 644 000
Total Equity and Debt	34 917 000	27 520 000	27 771 000	29 965 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,62 %	7,46 %	12,59 %	4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,18 %	1,57 %	3,22 %	1,24 %
Current Ratio	1,51	1,76	1,56	1,41
Quick Ratio	−47,29	−23,4	8,35	9,57
Equity Ratio	0,43	0,54	0,53	0,51
Gross Profit Margin	46,8 %	45,72 %	42,04 %	43,81 %