VALDRES ENERGI ENTREPRENØR AS

2900 FAGERNES

Finances

Share Ownership

Return on Equity

88,28 %

Current Ratio

0,95

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 250 000	15 742 000	12 092 000	0
Net Income	1 107 000	497 000	291 000	−264 000
Total Assets	9 070 000	8 270 000	5 119 000	1 739 000
Total Equity	1 254 000	1 141 000	1 027 000	736 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 250 000	15 742 000	12 092 000	0
Expenditure	15 716 000	15 060 000	6 379 000	347 000
Operating Profit	1 534 000	682 000	396 000	−347 000
Financial Income	0	0	0	8 000
Financial Costs	114 000	45 000	23 000	1 000
Financial Balance	−114 000	−45 000	−23 000	7 000
Earnings Before Tax	1 420 000	637 000	373 000	−339 000
Tax	313 000	140 000	82 000	−75 000
Net Income	1 107 000	497 000	291 000	−264 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 690 000	1 192 000	391 000	80 000
Total Current Assets	7 380 000	7 078 000	4 728 000	1 659 000
Total Assets	9 070 000	8 270 000	5 119 000	1 739 000
Total Retained Equity	1 136 000	1 023 000	909 000	618 000
Total Equity	1 254 000	1 141 000	1 027 000	736 000
Total Long-Term Debt	67 000	35 000	2 000	0
Total Current Debt	7 749 000	7 094 000	4 090 000	1 003 000
Total Equity and Debt	9 070 000	8 270 000	5 119 000	1 739 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	15 742 000	0	0
Other Income	17 250 000	0	12 092 000	0
Revenue	17 250 000	15 742 000	12 092 000	0
Cost of Goods Sold	4 722 000	5 481 000	0	0
Salary Costs	6 320 000	5 999 000	3 087 000	141 000
Depreciation	389 000	206 000	45 000	0
Impairment	0	0	0	0
Expenditure	15 716 000	15 060 000	6 379 000	347 000
Operating Profit	1 534 000	682 000	396 000	−347 000
Financial Income	0	0	0	8 000
Financial Costs	114 000	45 000	23 000	1 000
Financial Balance	−114 000	−45 000	−23 000	7 000
Dividends	0	0	0	0
Net Income	1 107 000	497 000	291 000	−264 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	80 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 690 000	1 192 000	391 000	0
Total Tangible Assets	1 690 000	1 192 000	391 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 690 000	1 192 000	391 000	80 000
Stock	1 408 000	1 058 000	930 000	825 000
Total Investments	0	0	0	0
Cash, Bank	672 000	323 000	167 000	24 000
Total Current Assets	7 380 000	7 078 000	4 728 000	1 659 000
Total Assets	9 070 000	8 270 000	5 119 000	1 739 000
Total Equity	1 254 000	1 141 000	1 027 000	736 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	67 000	35 000	2 000	0
Creditors	2 194 000	1 427 000	1 771 000	955 000
Unpaid Taxes	444 000	399 000	220 000	31 000
Dividends	0	0	0	0
Other Current Debt	5 111 000	5 268 000	2 099 000	18 000
Total Current Debt	7 749 000	7 094 000	4 090 000	1 003 000
Total Equity and Debt	9 070 000	8 270 000	5 119 000	1 739 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,28 %	43,56 %	28,33 %	−35,87 %
Debt-to-Equity Ratio	0,05	0,03	0	0
Operating Profit Margin	8,89 %	4,33 %	3,27 %	-
Current Ratio	0,95	1	1,16	1,65
Quick Ratio	1,16	1,17	1,5	9,32
Equity Ratio	0,14	0,14	0,2	0,42
Gross Profit Margin	72,63 %	65,18 %	100 %	-