VALDRES ENERGI VEKST AS

2900 FAGERNES

Finances

Share Ownership

Return on Equity

53,93 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 858 000	2 606 000	1 291 000	0
Net Income	281 000	−41 000	33 000	−8 000
Total Assets	25 391 000	1 059 000	736 000	499 000
Total Equity	521 000	484 000	526 000	492 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 858 000	2 606 000	1 291 000	0
Expenditure	4 565 000	2 656 000	1 247 000	9 000
Operating Profit	293 000	−50 000	45 000	−9 000
Financial Income	73 000	0	−1 000	0
Financial Costs	5 000	3 000	1 000	1 000
Financial Balance	68 000	−3 000	−2 000	−1 000
Earnings Before Tax	362 000	−53 000	43 000	−9 000
Tax	81 000	−12 000	9 000	−2 000
Net Income	281 000	−41 000	33 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	12 000	0	5 000
Total Current Assets	25 391 000	1 048 000	736 000	494 000
Total Assets	25 391 000	1 059 000	736 000	499 000
Total Retained Equity	462 000	425 000	467 000	433 000
Total Equity	521 000	484 000	526 000	492 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	24 870 000	575 000	211 000	6 000
Total Equity and Debt	25 391 000	1 059 000	736 000	499 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 858 000	2 606 000	1 291 000	0
Other Income	0	0	0	0
Revenue	4 858 000	2 606 000	1 291 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	2 027 000	1 911 000	736 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 565 000	2 656 000	1 247 000	9 000
Operating Profit	293 000	−50 000	45 000	−9 000
Financial Income	73 000	0	−1 000	0
Financial Costs	5 000	3 000	1 000	1 000
Financial Balance	68 000	−3 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	281 000	−41 000	33 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	12 000	0	5 000
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	0	0	0	0
Total Fixed Assets	0	12 000	0	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	77 000	76 000	36 000	0
Total Current Assets	25 391 000	1 048 000	736 000	494 000
Total Assets	25 391 000	1 059 000	736 000	499 000
Total Equity	521 000	484 000	526 000	492 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	18 130 000	20 000	89 000	3 000
Unpaid Taxes	5 327 000	109 000	50 000	0
Dividends	0	0	0	0
Other Current Debt	1 412 000	446 000	67 000	3 000
Total Current Debt	24 870 000	575 000	211 000	6 000
Total Equity and Debt	25 391 000	1 059 000	736 000	499 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,93 %	−8,47 %	6,27 %	−1,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,03 %	−1,92 %	3,49 %	-
Current Ratio	1,02	1,82	3,49	82,33
Quick Ratio	1,02	1,82	3,49	82,33
Equity Ratio	0,02	0,46	0,71	0,99
Gross Profit Margin	100 %	100 %	100 %	-