VALSTADSVINGEN 2 AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

29,74 %

Current Ratio

0,57

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 650 000	5 293 000	4 281 000	3 818 000
Net Income	1 644 000	2 415 000	2 189 000	1 497 000
Total Assets	10 590 000	12 219 000	15 708 000	16 870 000
Total Equity	5 528 000	6 184 000	7 269 000	11 130 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 650 000	5 293 000	4 281 000	3 818 000
Expenditure	2 575 000	2 228 000	1 517 000	1 934 000
Operating Profit	2 076 000	3 065 000	2 764 000	1 884 000
Financial Income	32 000	32 000	42 000	37 000
Financial Costs	0	0	0	1 000
Financial Balance	32 000	32 000	42 000	36 000
Earnings Before Tax	2 108 000	3 097 000	2 806 000	1 920 000
Tax	464 000	682 000	617 000	423 000
Net Income	1 644 000	2 415 000	2 189 000	1 497 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 306 000	8 225 000	11 761 000	13 243 000
Total Current Assets	2 284 000	3 993 000	3 948 000	3 626 000
Total Assets	10 590 000	12 219 000	15 708 000	16 870 000
Total Retained Equity	931 000	1 587 000	2 671 000	6 533 000
Total Equity	5 528 000	6 184 000	7 269 000	11 130 000
Total Long-Term Debt	1 073 000	1 080 000	1 094 000	2 374 000
Total Current Debt	3 989 000	4 954 000	7 345 000	3 366 000
Total Equity and Debt	10 590 000	12 219 000	15 708 000	16 870 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 650 000	5 293 000	4 281 000	3 818 000
Revenue	4 650 000	5 293 000	4 281 000	3 818 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 565 000	1 769 000	1 099 000	1 141 000
Depreciation	193 000	182 000	265 000	322 000
Impairment	0	0	0	0
Expenditure	2 575 000	2 228 000	1 517 000	1 934 000
Operating Profit	2 076 000	3 065 000	2 764 000	1 884 000
Financial Income	32 000	32 000	42 000	37 000
Financial Costs	0	0	0	1 000
Financial Balance	32 000	32 000	42 000	36 000
Dividends	2 300 000	3 500 000	6 050 000	2 050 000
Net Income	1 644 000	2 415 000	2 189 000	1 497 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 306 000	8 111 000	8 291 000	8 515 000
Machinery and Plant Facilities	0	115 000	0	0
Fixtures	0	0	3 000	7 000
Total Tangible Assets	8 306 000	8 225 000	8 293 000	8 522 000
Total Fiancial Fixed Assets	0	0	3 467 000	4 722 000
Total Fixed Assets	8 306 000	8 225 000	11 761 000	13 243 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 754 000	3 431 000	3 450 000	3 131 000
Total Current Assets	2 284 000	3 993 000	3 948 000	3 626 000
Total Assets	10 590 000	12 219 000	15 708 000	16 870 000
Total Equity	5 528 000	6 184 000	7 269 000	11 130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 073 000	1 080 000	1 094 000	2 374 000
Creditors	573 000	2 000	52 000	2 000
Unpaid Taxes	71 000	183 000	175 000	260 000
Dividends	2 300 000	3 500 000	6 050 000	2 050 000
Other Current Debt	574 000	574 000	423 000	754 000
Total Current Debt	3 989 000	4 954 000	7 345 000	3 366 000
Total Equity and Debt	10 590 000	12 219 000	15 708 000	16 870 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,74 %	39,05 %	30,11 %	13,45 %
Debt-to-Equity Ratio	0,19	0,17	0,15	0,21
Operating Profit Margin	44,65 %	57,91 %	64,56 %	49,35 %
Current Ratio	0,57	0,81	0,54	1,08
Quick Ratio	0,57	0,81	0,54	1,08
Equity Ratio	0,52	0,51	0,46	0,66
Gross Profit Margin	100 %	100 %	100 %	100 %