RUNE Å VALBORGLAND AS

4878 GRIMSTAD

Finances

Return on Equity

153,15 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 000	45 000	32 000	99 000
Net Income	12 260 000	3 232 000	1 140 000	334 000
Total Assets	18 426 000	9 410 000	7 069 000	7 029 000
Total Equity	8 005 000	5 744 000	5 412 000	5 023 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 000	45 000	32 000	99 000
Expenditure	307 000	331 000	320 000	323 000
Operating Profit	−261 000	−286 000	−289 000	−224 000
Financial Income	12 902 000	4 071 000	1 401 000	556 000
Financial Costs	13 000	41 000	0	0
Financial Balance	12 889 000	4 030 000	1 401 000	556 000
Earnings Before Tax	12 628 000	3 744 000	1 113 000	332 000
Tax	368 000	513 000	−27 000	−2 000
Net Income	12 260 000	3 232 000	1 140 000	334 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 024 000	5 024 000	5 024 000	5 024 000
Total Current Assets	13 402 000	4 385 000	2 045 000	2 005 000
Total Assets	18 426 000	9 410 000	7 069 000	7 029 000
Total Retained Equity	7 950 000	5 689 000	5 357 000	4 968 000
Total Equity	8 005 000	5 744 000	5 412 000	5 023 000
Total Long-Term Debt	7 000	10 000	7 000	2 000
Total Current Debt	10 415 000	3 656 000	1 650 000	2 004 000
Total Equity and Debt	18 426 000	9 410 000	7 069 000	7 029 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	67 000	23 000	32 000	99 000
Other Income	−22 000	22 000	0	0
Revenue	45 000	45 000	32 000	99 000
Cost of Goods Sold	0	0	0	0
Salary Costs	254 000	253 000	251 000	253 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	307 000	331 000	320 000	323 000
Operating Profit	−261 000	−286 000	−289 000	−224 000
Financial Income	12 902 000	4 071 000	1 401 000	556 000
Financial Costs	13 000	41 000	0	0
Financial Balance	12 889 000	4 030 000	1 401 000	556 000
Dividends	10 000 000	0	0	0
Net Income	12 260 000	3 232 000	1 140 000	334 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 024 000	5 024 000	5 024 000	5 024 000
Total Fixed Assets	5 024 000	5 024 000	5 024 000	5 024 000
Stock	0	0	0	0
Total Investments	0	140 000	753 000	0
Cash, Bank	481 000	155 000	255 000	1 322 000
Total Current Assets	13 402 000	4 385 000	2 045 000	2 005 000
Total Assets	18 426 000	9 410 000	7 069 000	7 029 000
Total Equity	8 005 000	5 744 000	5 412 000	5 023 000
Short-Term Group Debt	0	1 605 000	1 605 000	1 944 000
Total Long-Term Debt	7 000	10 000	7 000	2 000
Creditors	7 000	11 000	1 000	2 000
Unpaid Taxes	13 000	7 000	21 000	35 000
Dividends	10 000 000	0	0	0
Other Current Debt	23 000	1 523 000	23 000	23 000
Total Current Debt	10 415 000	3 656 000	1 650 000	2 004 000
Total Equity and Debt	18 426 000	9 410 000	7 069 000	7 029 000

Financial indicators	2022	2021	2020	2019
Return on Equity	153,15 %	56,27 %	21,06 %	6,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−580 %	−635,56 %	−903,13 %	−226,26 %
Current Ratio	1,29	1,2	1,24	1
Quick Ratio	1,29	1,2	1,24	1
Equity Ratio	0,43	0,61	0,77	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %