VALDRES SPAREBANK

2966 SLIDRE

Finances

Return on Equity

13,77 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 138 000	49 959 000	48 688 000	52 258 000
Net Income	45 060 000	17 529 000	9 070 000	16 163 000
Total Assets	2 900 044 000	2 885 078 000	2 610 012 000	2 048 532 000
Total Equity	327 235 000	282 476 000	265 246 000	225 424 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 138 000	49 959 000	48 688 000	52 258 000
Expenditure	41 020 000	34 991 000	34 292 000	31 536 000
Operating Profit	32 118 000	19 968 000	14 396 000	20 722 000
Financial Income	0	0	0	0
Financial Costs	2 564 000	1 364 000	3 118 000	422 000
Financial Balance	−2 564 000	−1 364 000	−3 118 000	−422 000
Earnings Before Tax	29 554 000	18 604 000	11 278 000	20 300 000
Tax	−5 970 000	−3 856 000	2 208 000	4 137 000
Net Income	45 060 000	17 529 000	9 070 000	16 163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	102 461 000	144 015 000	108 743 000	47 723 000
Total Current Assets	2 725 533 000	2 670 043 000	2 501 269 000	2 000 809 000
Total Assets	2 900 044 000	2 885 078 000	2 610 012 000	2 048 532 000
Total Retained Equity	327 235 000	282 476 000	265 246 000	225 424 000
Total Equity	327 235 000	282 476 000	265 246 000	225 424 000
Total Long-Term Debt	13 860 000	11 099 000	2 211 000	697 000
Total Current Debt	2 546 982 000	2 581 929 000	2 342 553 000	1 822 411 000
Total Equity and Debt	2 900 044 000	2 885 077 000	2 610 010 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	66 138 000	49 959 000	48 688 000	52 258 000
Cost of Goods Sold	0	0	0	0
Salary Costs	16 106 000	15 121 000	14 637 000	15 107 000
Depreciation	2 106 000	2 095 000	1 181 000	906 000
Impairment	0	0	0	0
Expenditure	41 020 000	34 991 000	34 292 000	31 536 000
Operating Profit	32 118 000	19 968 000	14 396 000	20 722 000
Financial Income	0	0	0	0
Financial Costs	2 564 000	1 364 000	3 118 000	422 000
Financial Balance	−2 564 000	−1 364 000	−3 118 000	−422 000
Dividends	0	0	0	0
Net Income	45 060 000	17 529 000	9 070 000	16 163 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 142 000	960 000
Real Eastate	0	0	4 650 000	2 056 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	2 622 000	1 174 000
Total Tangible Assets	11 633 000	12 114 000	7 272 000	3 230 000
Total Fiancial Fixed Assets	90 828 000	131 901 000	100 329 000	43 533 000
Total Fixed Assets	102 461 000	144 015 000	108 743 000	47 723 000
Stock	0	0	0	0
Total Investments	392 688 000	306 496 000	287 445 000	117 297 000
Cash, Bank	0	0	0	0
Total Current Assets	2 725 533 000	2 670 043 000	2 501 269 000	2 000 809 000
Total Assets	2 900 044 000	2 885 078 000	2 610 012 000	2 048 532 000
Total Equity	327 235 000	282 476 000	265 246 000	225 424 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 860 000	11 099 000	2 211 000	697 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 532 776 000	2 545 499 000	2 296 666 000	1 716 082 000
Total Current Debt	2 546 982 000	2 581 929 000	2 342 553 000	1 822 411 000
Total Equity and Debt	2 900 044 000	2 885 077 000	2 610 010 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	13,77 %	6,21 %	3,42 %	7,17 %
Debt-to-Equity Ratio	0,04	0,04	0,01	0
Operating Profit Margin	48,56 %	39,97 %	29,57 %	39,65 %
Current Ratio	1,07	1,03	1,07	1,1
Quick Ratio	1,07	1,03	1,07	1,1
Equity Ratio	0,11	0,1	0,1	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %