TRANSPORTSERVICE VALDRES AS

2890 ETNEDAL

Finances

Share Ownership

Return on Equity

47,52 %

Current Ratio

0,99

Debt-to-Equity Ratio

0,86

Key figures (NOK)	2022	2021	2020
Revenue	5 665 000	3 928 000	2 174 000
Net Income	288 000	449 000	−160 000
Total Assets	2 352 000	1 007 000	289 000
Total Equity	606 000	319 000	−130 000

Income (NOK)	2022	2021	2020
Revenue	5 665 000	3 928 000	2 174 000
Expenditure	5 268 000	3 397 000	2 333 000
Operating Profit	397 000	531 000	−160 000
Financial Income	0	0	0
Financial Costs	27 000	1 000	0
Financial Balance	−27 000	−1 000	0
Earnings Before Tax	369 000	530 000	−160 000
Tax	81 000	81 000	0
Net Income	288 000	449 000	−160 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 145 000	0	0
Total Current Assets	1 207 000	1 007 000	289 000
Total Assets	2 352 000	1 007 000	289 000
Total Retained Equity	576 000	289 000	−160 000
Total Equity	606 000	319 000	−130 000
Total Long-Term Debt	520 000	0	0
Total Current Debt	1 225 000	688 000	419 000
Total Equity and Debt	2 352 000	1 007 000	289 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 665 000	3 928 000	2 174 000
Other Income	0	0	0
Revenue	5 665 000	3 928 000	2 174 000
Cost of Goods Sold	66 000	135 000	424 000
Salary Costs	2 952 000	2 884 000	1 819 000
Depreciation	79 000	0	0
Impairment	0	0	0
Expenditure	5 268 000	3 397 000	2 333 000
Operating Profit	397 000	531 000	−160 000
Financial Income	0	0	0
Financial Costs	27 000	1 000	0
Financial Balance	−27 000	−1 000	0
Dividends	0	0	0
Net Income	288 000	449 000	−160 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	620 000	0	0
Fixtures	525 000	0	0
Total Tangible Assets	1 145 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 145 000	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	370 000	997 000	286 000
Total Current Assets	1 207 000	1 007 000	289 000
Total Assets	2 352 000	1 007 000	289 000
Total Equity	606 000	319 000	−130 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	520 000	0	0
Creditors	611 000	18 000	8 000
Unpaid Taxes	291 000	312 000	245 000
Dividends	0	0	0
Other Current Debt	283 000	277 000	166 000
Total Current Debt	1 225 000	688 000	419 000
Total Equity and Debt	2 352 000	1 007 000	289 000

Financial indicators	2022	2021	2020
Return on Equity	47,52 %	140,75 %	123,08 %
Debt-to-Equity Ratio	0,86	0	−0
Operating Profit Margin	7,01 %	13,52 %	−7,36 %
Current Ratio	0,99	1,46	0,69
Quick Ratio	0,99	1,46	0,69
Equity Ratio	0,26	0,32	−0,45
Gross Profit Margin	98,83 %	96,56 %	80,5 %