VALENVEGEN 2 AS

3800 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

13,51 %

Current Ratio

3,9

Debt-to-Equity Ratio

7,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 459 000	1 408 000	1 373 000	1 400 000
Net Income	127 000	21 000	179 000	86 000
Total Assets	7 693 000	7 842 000	10 429 000	9 955 000
Total Equity	940 000	813 000	792 000	612 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 459 000	1 408 000	1 373 000	1 400 000
Expenditure	1 042 000	1 200 000	924 000	999 000
Operating Profit	416 000	208 000	449 000	401 000
Financial Income	3 000	22 000	21 000	22 000
Financial Costs	257 000	203 000	240 000	312 000
Financial Balance	−254 000	−181 000	−219 000	−290 000
Earnings Before Tax	163 000	27 000	230 000	111 000
Tax	36 000	6 000	51 000	24 000
Net Income	127 000	21 000	179 000	86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 206 000	7 557 000	7 885 000	8 259 000
Total Current Assets	487 000	285 000	2 543 000	1 696 000
Total Assets	7 693 000	7 842 000	10 429 000	9 955 000
Total Retained Equity	482 000	355 000	334 000	155 000
Total Equity	940 000	813 000	792 000	612 000
Total Long-Term Debt	6 628 000	6 934 000	9 538 000	9 235 000
Total Current Debt	125 000	95 000	99 000	108 000
Total Equity and Debt	7 693 000	7 842 000	10 429 000	9 955 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 459 000	1 408 000	1 373 000	1 400 000
Revenue	1 459 000	1 408 000	1 373 000	1 400 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	323 000	323 000	323 000	323 000
Impairment	0	0	0	0
Expenditure	1 042 000	1 200 000	924 000	999 000
Operating Profit	416 000	208 000	449 000	401 000
Financial Income	3 000	22 000	21 000	22 000
Financial Costs	257 000	203 000	240 000	312 000
Financial Balance	−254 000	−181 000	−219 000	−290 000
Dividends	0	0	0	0
Net Income	127 000	21 000	179 000	86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	28 000	34 000	85 000
Real Eastate	7 206 000	7 529 000	7 851 000	8 174 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 206 000	7 529 000	7 851 000	8 174 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 206 000	7 557 000	7 885 000	8 259 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	485 000	261 000	2 470 000	1 679 000
Total Current Assets	487 000	285 000	2 543 000	1 696 000
Total Assets	7 693 000	7 842 000	10 429 000	9 955 000
Total Equity	940 000	813 000	792 000	612 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 628 000	6 934 000	9 538 000	9 235 000
Creditors	10 000	15 000	2 000	7 000
Unpaid Taxes	88 000	64 000	72 000	73 000
Dividends	0	0	0	0
Other Current Debt	27 000	16 000	24 000	28 000
Total Current Debt	125 000	95 000	99 000	108 000
Total Equity and Debt	7 693 000	7 842 000	10 429 000	9 955 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,51 %	2,58 %	22,6 %	14,05 %
Debt-to-Equity Ratio	7,05	8,53	12,04	15,09
Operating Profit Margin	28,51 %	14,77 %	32,7 %	28,64 %
Current Ratio	3,9	3	25,69	15,7
Quick Ratio	3,9	3	25,69	15,7
Equity Ratio	0,12	0,1	0,08	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %