VALENTINO AS

4836 ARENDAL

Finances

Return on Equity

20,23 %

Current Ratio

2,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 318 000	3 828 000	2 640 000	2 042 000
Net Income	265 000	413 000	152 000	107 000
Total Assets	1 975 000	1 844 000	1 184 000	906 000
Total Equity	1 310 000	1 146 000	808 000	656 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 318 000	3 828 000	2 640 000	2 042 000
Expenditure	3 971 000	3 296 000	2 443 000	1 902 000
Operating Profit	348 000	533 000	198 000	140 000
Financial Income	0	0	0	0
Financial Costs	8 000	3 000	−3 000	3 000
Financial Balance	−8 000	−3 000	3 000	−3 000
Earnings Before Tax	339 000	530 000	194 000	137 000
Tax	75 000	117 000	43 000	30 000
Net Income	265 000	413 000	152 000	107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	35 000	65 000	0
Total Current Assets	1 970 000	1 809 000	1 119 000	906 000
Total Assets	1 975 000	1 844 000	1 184 000	906 000
Total Retained Equity	1 160 000	996 000	658 000	506 000
Total Equity	1 310 000	1 146 000	808 000	656 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	665 000	698 000	376 000	250 000
Total Equity and Debt	1 975 000	1 844 000	1 184 000	906 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 318 000	3 828 000	2 640 000	2 042 000
Other Income	0	0	0	0
Revenue	4 318 000	3 828 000	2 640 000	2 042 000
Cost of Goods Sold	2 571 000	2 126 000	1 430 000	1 162 000
Salary Costs	609 000	578 000	515 000	433 000
Depreciation	30 000	30 000	25 000	0
Impairment	0	0	0	0
Expenditure	3 971 000	3 296 000	2 443 000	1 902 000
Operating Profit	348 000	533 000	198 000	140 000
Financial Income	0	0	0	0
Financial Costs	8 000	3 000	−3 000	3 000
Financial Balance	−8 000	−3 000	3 000	−3 000
Dividends	100 000	75 000	0	0
Net Income	265 000	413 000	152 000	107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	35 000	65 000	0
Total Tangible Assets	5 000	35 000	65 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	35 000	65 000	0
Stock	742 000	559 000	503 000	449 000
Total Investments	0	0	0	0
Cash, Bank	1 178 000	1 186 000	579 000	426 000
Total Current Assets	1 970 000	1 809 000	1 119 000	906 000
Total Assets	1 975 000	1 844 000	1 184 000	906 000
Total Equity	1 310 000	1 146 000	808 000	656 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	173 000	196 000	103 000	30 000
Unpaid Taxes	209 000	220 000	131 000	126 000
Dividends	100 000	75 000	0	0
Other Current Debt	108 000	92 000	99 000	64 000
Total Current Debt	665 000	698 000	376 000	250 000
Total Equity and Debt	1 975 000	1 844 000	1 184 000	906 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,23 %	36,04 %	18,81 %	16,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,06 %	13,92 %	7,5 %	6,86 %
Current Ratio	2,96	2,59	2,98	3,62
Quick Ratio	−25,58	13,01	−8,81	−4,55
Equity Ratio	0,66	0,62	0,68	0,72
Gross Profit Margin	40,46 %	44,46 %	45,83 %	43,1 %