VALE ECONOMIC DEVELOPMENT CONSULTING AS

3126 TØNSBERG

Finances

Share Ownership

Return on Equity

487,88 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	232 000	225 000	449 000	158 000
Net Income	161 000	154 000	320 000	50 000
Total Assets	241 000	230 000	443 000	106 000
Total Equity	33 000	32 000	31 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	232 000	225 000	449 000	158 000
Expenditure	27 000	26 000	39 000	92 000
Operating Profit	205 000	198 000	410 000	66 000
Financial Income	2 000	0	0	0
Financial Costs	0	1 000	0	1 000
Financial Balance	2 000	−1 000	0	−1 000
Earnings Before Tax	207 000	197 000	410 000	64 000
Tax	46 000	43 000	90 000	14 000
Net Income	161 000	154 000	320 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	9 000	9 000	9 000
Total Current Assets	232 000	221 000	434 000	96 000
Total Assets	241 000	230 000	443 000	106 000
Total Retained Equity	2 000	1 000	0	0
Total Equity	33 000	32 000	31 000	31 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	208 000	199 000	412 000	75 000
Total Equity and Debt	241 000	230 000	443 000	106 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	232 000	225 000	449 000	158 000
Other Income	0	0	0	0
Revenue	232 000	225 000	449 000	158 000
Cost of Goods Sold	0	0	0	16 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	27 000	26 000	39 000	92 000
Operating Profit	205 000	198 000	410 000	66 000
Financial Income	2 000	0	0	0
Financial Costs	0	1 000	0	1 000
Financial Balance	2 000	−1 000	0	−1 000
Dividends	160 000	153 000	320 000	58 000
Net Income	161 000	154 000	320 000	50 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	9 000	9 000	9 000	9 000
Total Fixed Assets	9 000	9 000	9 000	9 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	231 000	149 000	433 000	95 000
Total Current Assets	232 000	221 000	434 000	96 000
Total Assets	241 000	230 000	443 000	106 000
Total Equity	33 000	32 000	31 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	3 000	3 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	160 000	153 000	320 000	58 000
Other Current Debt	0	0	0	0
Total Current Debt	208 000	199 000	412 000	75 000
Total Equity and Debt	241 000	230 000	443 000	106 000

Financial indicators	2022	2021	2020	2019
Return on Equity	487,88 %	481,25 %	1 032,26 %	161,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	88,36 %	88 %	91,31 %	41,77 %
Current Ratio	1,12	1,11	1,05	1,28
Quick Ratio	1,12	1,11	1,05	1,28
Equity Ratio	0,14	0,14	0,07	0,29
Gross Profit Margin	100 %	100 %	100 %	89,87 %