VALENTES AS

0251 OSLO

Finances

Share Ownership

Return on Equity

25,45 %

Current Ratio

0,39

Debt-to-Equity Ratio

−0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 546 000	4 637 000	3 776 000	2 979 000
Net Income	−197 000	−26 000	−417 000	−163 000
Total Assets	1 780 000	1 463 000	1 280 000	1 050 000
Total Equity	−774 000	−576 000	−550 000	−133 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 546 000	4 637 000	3 776 000	2 979 000
Expenditure	9 750 000	4 584 000	4 270 000	3 181 000
Operating Profit	−204 000	52 000	−493 000	−201 000
Financial Income	5 000	5 000	0	0
Financial Costs	40 000	46 000	42 000	8 000
Financial Balance	−35 000	−41 000	−42 000	−8 000
Earnings Before Tax	−239 000	11 000	−535 000	−209 000
Tax	−41 000	38 000	−118 000	−46 000
Net Income	−197 000	−26 000	−417 000	−163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	916 000	540 000	485 000	538 000
Total Current Assets	864 000	923 000	795 000	511 000
Total Assets	1 780 000	1 463 000	1 280 000	1 050 000
Total Retained Equity	−804 000	−606 000	−580 000	−163 000
Total Equity	−774 000	−576 000	−550 000	−133 000
Total Long-Term Debt	338 000	351 000	401 000	0
Total Current Debt	2 216 000	1 688 000	1 429 000	1 182 000
Total Equity and Debt	1 780 000	1 463 000	1 280 000	1 050 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 921 000	3 739 000	3 475 000	2 723 000
Other Income	625 000	898 000	301 000	256 000
Revenue	9 546 000	4 637 000	3 776 000	2 979 000
Cost of Goods Sold	2 035 000	1 000 000	926 000	504 000
Salary Costs	4 759 000	1 660 000	1 938 000	1 664 000
Depreciation	226 000	205 000	195 000	94 000
Impairment	0	0	0	0
Expenditure	9 750 000	4 584 000	4 270 000	3 181 000
Operating Profit	−204 000	52 000	−493 000	−201 000
Financial Income	5 000	5 000	0	0
Financial Costs	40 000	46 000	42 000	8 000
Financial Balance	−35 000	−41 000	−42 000	−8 000
Dividends	0	0	0	0
Net Income	−197 000	−26 000	−417 000	−163 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	167 000	126 000	164 000	46 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	406 000	215 000	321 000	492 000
Total Tangible Assets	406 000	215 000	321 000	492 000
Total Fiancial Fixed Assets	343 000	199 000	0	0
Total Fixed Assets	916 000	540 000	485 000	538 000
Stock	473 000	588 000	475 000	304 000
Total Investments	0	0	0	0
Cash, Bank	324 000	101 000	83 000	39 000
Total Current Assets	864 000	923 000	795 000	511 000
Total Assets	1 780 000	1 463 000	1 280 000	1 050 000
Total Equity	−774 000	−576 000	−550 000	−133 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	338 000	351 000	401 000	0
Creditors	875 000	613 000	364 000	148 000
Unpaid Taxes	620 000	331 000	285 000	366 000
Dividends	0	0	0	0
Other Current Debt	721 000	613 000	681 000	668 000
Total Current Debt	2 216 000	1 688 000	1 429 000	1 182 000
Total Equity and Debt	1 780 000	1 463 000	1 280 000	1 050 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,45 %	4,51 %	75,82 %	122,56 %
Debt-to-Equity Ratio	−0,44	−0,61	−0,73	−0
Operating Profit Margin	−2,14 %	1,12 %	−13,06 %	−6,75 %
Current Ratio	0,39	0,55	0,56	0,43
Quick Ratio	0,5	0,84	0,83	0,58
Equity Ratio	−0,43	−0,39	−0,43	−0,13
Gross Profit Margin	78,68 %	78,43 %	75,48 %	83,08 %