VAL D AZUR AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

77,41 %

Current Ratio

233

Debt-to-Equity Ratio

−18,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	146 000	68 000	51 000	192 000
Net Income	−329 000	−441 000	−291 000	−246 000
Total Assets	7 294 000	7 201 000	7 202 000	7 316 000
Total Equity	−425 000	−95 000	346 000	637 000

Income (NOK)	2022	2021	2020	2019
Revenue	146 000	68 000	51 000	192 000
Expenditure	308 000	353 000	186 000	285 000
Operating Profit	−162 000	−285 000	−135 000	−93 000
Financial Income	0	2 000	0	0
Financial Costs	168 000	159 000	156 000	153 000
Financial Balance	−168 000	−157 000	−156 000	−153 000
Earnings Before Tax	−329 000	−441 000	−291 000	−246 000
Tax	0	0	0	0
Net Income	−329 000	−441 000	−291 000	−246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 061 000	7 040 000	7 094 000	7 148 000
Total Current Assets	233 000	161 000	108 000	168 000
Total Assets	7 294 000	7 201 000	7 202 000	7 316 000
Total Retained Equity	−1 425 000	−1 095 000	−654 000	−363 000
Total Equity	−425 000	−95 000	346 000	637 000
Total Long-Term Debt	7 718 000	7 271 000	6 696 000	6 466 000
Total Current Debt	1 000	25 000	160 000	213 000
Total Equity and Debt	7 294 000	7 201 000	7 202 000	7 316 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	146 000	68 000	51 000	192 000
Revenue	146 000	68 000	51 000	192 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	57 000	54 000	54 000	43 000
Impairment	0	0	0	0
Expenditure	308 000	353 000	186 000	285 000
Operating Profit	−162 000	−285 000	−135 000	−93 000
Financial Income	0	2 000	0	0
Financial Costs	168 000	159 000	156 000	153 000
Financial Balance	−168 000	−157 000	−156 000	−153 000
Dividends	0	0	0	0
Net Income	−329 000	−441 000	−291 000	−246 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 000 000	6 925 000	6 925 000	6 925 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	61 000	115 000	169 000	223 000
Total Tangible Assets	7 061 000	7 040 000	7 094 000	7 148 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 061 000	7 040 000	7 094 000	7 148 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	77 000	76 000	108 000	168 000
Total Current Assets	233 000	161 000	108 000	168 000
Total Assets	7 294 000	7 201 000	7 202 000	7 316 000
Total Equity	−425 000	−95 000	346 000	637 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 718 000	7 271 000	6 696 000	6 466 000
Creditors	1 000	25 000	4 000	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	156 000	204 000
Total Current Debt	1 000	25 000	160 000	213 000
Total Equity and Debt	7 294 000	7 201 000	7 202 000	7 316 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,41 %	464,21 %	−84,1 %	−38,62 %
Debt-to-Equity Ratio	−18,16	−76,54	19,35	10,15
Operating Profit Margin	−110,96 %	−419,12 %	−264,71 %	−48,44 %
Current Ratio	233	6,44	0,68	0,79
Quick Ratio	233	6,44	0,68	0,79
Equity Ratio	−0,06	−0,01	0,05	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %