TH VAALAND GRANITT AS

4012 STAVANGER

Finances

Return on Equity

64,2 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 025 000	14 337 000	14 158 000	12 441 000
Net Income	3 268 000	2 464 000	3 345 000	2 479 000
Total Assets	11 762 000	10 616 000	10 939 000	9 503 000
Total Equity	5 090 000	4 222 000	4 158 000	3 613 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 025 000	14 337 000	14 158 000	12 441 000
Expenditure	11 713 000	11 135 000	9 857 000	9 143 000
Operating Profit	4 311 000	3 203 000	4 301 000	3 298 000
Financial Income	42 000	52 000	124 000	7 000
Financial Costs	142 000	85 000	132 000	107 000
Financial Balance	−100 000	−33 000	−8 000	−100 000
Earnings Before Tax	4 212 000	3 169 000	4 293 000	3 198 000
Tax	944 000	704 000	948 000	718 000
Net Income	3 268 000	2 464 000	3 345 000	2 479 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 018 000	3 681 000	3 756 000	3 988 000
Total Current Assets	7 744 000	6 935 000	7 183 000	5 514 000
Total Assets	11 762 000	10 616 000	10 939 000	9 503 000
Total Retained Equity	4 990 000	4 122 000	4 058 000	3 513 000
Total Equity	5 090 000	4 222 000	4 158 000	3 613 000
Total Long-Term Debt	1 364 000	1 120 000	1 330 000	1 540 000
Total Current Debt	5 308 000	5 274 000	5 451 000	4 350 000
Total Equity and Debt	11 762 000	10 616 000	10 939 000	9 503 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 025 000	14 337 000	14 158 000	12 441 000
Other Income	0	0	0	0
Revenue	16 025 000	14 337 000	14 158 000	12 441 000
Cost of Goods Sold	3 040 000	4 019 000	3 568 000	2 623 000
Salary Costs	4 985 000	4 002 000	3 322 000	3 369 000
Depreciation	312 000	257 000	232 000	229 000
Impairment	0	0	0	0
Expenditure	11 713 000	11 135 000	9 857 000	9 143 000
Operating Profit	4 311 000	3 203 000	4 301 000	3 298 000
Financial Income	42 000	52 000	124 000	7 000
Financial Costs	142 000	85 000	132 000	107 000
Financial Balance	−100 000	−33 000	−8 000	−100 000
Dividends	2 400 000	2 400 000	2 800 000	2 200 000
Net Income	3 268 000	2 464 000	3 345 000	2 479 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 071 000	3 244 000	3 417 000	3 590 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	948 000	438 000	340 000	399 000
Total Tangible Assets	4 018 000	3 681 000	3 756 000	3 988 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 018 000	3 681 000	3 756 000	3 988 000
Stock	4 118 000	3 482 000	2 869 000	2 607 000
Total Investments	82 000	82 000	67 000	16 000
Cash, Bank	2 469 000	2 805 000	2 816 000	2 238 000
Total Current Assets	7 744 000	6 935 000	7 183 000	5 514 000
Total Assets	11 762 000	10 616 000	10 939 000	9 503 000
Total Equity	5 090 000	4 222 000	4 158 000	3 613 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 364 000	1 120 000	1 330 000	1 540 000
Creditors	892 000	1 200 000	867 000	490 000
Unpaid Taxes	732 000	711 000	620 000	580 000
Dividends	2 400 000	2 400 000	2 800 000	2 200 000
Other Current Debt	340 000	259 000	216 000	361 000
Total Current Debt	5 308 000	5 274 000	5 451 000	4 350 000
Total Equity and Debt	11 762 000	10 616 000	10 939 000	9 503 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,2 %	58,36 %	80,45 %	68,61 %
Debt-to-Equity Ratio	0,27	0,27	0,32	0,43
Operating Profit Margin	26,9 %	22,34 %	30,38 %	26,51 %
Current Ratio	1,46	1,31	1,32	1,27
Quick Ratio	6,51	3,87	2,78	3,16
Equity Ratio	0,43	0,4	0,38	0,38
Gross Profit Margin	81,03 %	71,97 %	74,8 %	78,92 %