VALDRES BRØNNBORING AS

2920 LEIRA I VALDRES

Finances

Share Ownership

Return on Equity

20,58 %

Current Ratio

2,09

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 150 000	17 982 000	14 991 000	14 419 000
Net Income	1 728 000	1 979 000	94 000	53 000
Total Assets	16 346 000	13 860 000	10 514 000	10 715 000
Total Equity	8 396 000	7 369 000	5 390 000	5 147 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 150 000	17 982 000	14 991 000	14 419 000
Expenditure	17 949 000	15 609 000	14 522 000	15 398 000
Operating Profit	2 200 000	2 373 000	469 000	−979 000
Financial Income	146 000	57 000	44 000	822 000
Financial Costs	130 000	126 000	137 000	199 000
Financial Balance	16 000	−69 000	−93 000	623 000
Earnings Before Tax	2 216 000	2 304 000	375 000	−356 000
Tax	488 000	325 000	281 000	−409 000
Net Income	1 728 000	1 979 000	94 000	53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 389 000	5 270 000	4 677 000	2 915 000
Total Current Assets	10 957 000	8 590 000	5 837 000	7 800 000
Total Assets	16 346 000	13 860 000	10 514 000	10 715 000
Total Retained Equity	6 723 000	5 696 000	3 717 000	4 247 000
Total Equity	8 396 000	7 369 000	5 390 000	5 147 000
Total Long-Term Debt	2 717 000	2 759 000	2 289 000	2 333 000
Total Current Debt	5 233 000	3 732 000	2 835 000	3 235 000
Total Equity and Debt	16 346 000	13 860 000	10 514 000	10 715 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 149 000	16 549 000	14 821 000	13 821 000
Other Income	0	1 432 000	170 000	599 000
Revenue	20 150 000	17 982 000	14 991 000	14 419 000
Cost of Goods Sold	5 933 000	5 430 000	5 442 000	4 170 000
Salary Costs	4 871 000	3 891 000	3 802 000	4 129 000
Depreciation	426 000	577 000	478 000	540 000
Impairment	0	0	0	0
Expenditure	17 949 000	15 609 000	14 522 000	15 398 000
Operating Profit	2 200 000	2 373 000	469 000	−979 000
Financial Income	146 000	57 000	44 000	822 000
Financial Costs	130 000	126 000	137 000	199 000
Financial Balance	16 000	−69 000	−93 000	623 000
Dividends	0	0	0	0
Net Income	1 728 000	1 979 000	94 000	53 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	306 000
Real Eastate	79 000	0	0	0
Machinery and Plant Facilities	1 400 000	1 780 000	1 994 000	163 000
Fixtures	55 000	95 000	150 000	0
Total Tangible Assets	1 534 000	1 875 000	2 144 000	1 940 000
Total Fiancial Fixed Assets	3 856 000	3 395 000	2 533 000	669 000
Total Fixed Assets	5 389 000	5 270 000	4 677 000	2 915 000
Stock	2 728 000	1 500 000	1 094 000	1 456 000
Total Investments	0	0	0	0
Cash, Bank	491 000	2 513 000	1 683 000	1 285 000
Total Current Assets	10 957 000	8 590 000	5 837 000	7 800 000
Total Assets	16 346 000	13 860 000	10 514 000	10 715 000
Total Equity	8 396 000	7 369 000	5 390 000	5 147 000
Short-Term Group Debt	899 000	0	0	0
Total Long-Term Debt	2 717 000	2 759 000	2 289 000	2 333 000
Creditors	1 308 000	1 295 000	1 132 000	1 008 000
Unpaid Taxes	1 796 000	1 514 000	1 024 000	1 432 000
Dividends	0	0	0	0
Other Current Debt	903 000	764 000	679 000	795 000
Total Current Debt	5 233 000	3 732 000	2 835 000	3 235 000
Total Equity and Debt	16 346 000	13 860 000	10 514 000	10 715 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,58 %	26,86 %	1,74 %	1,03 %
Debt-to-Equity Ratio	0,32	0,37	0,42	0,45
Operating Profit Margin	10,92 %	13,2 %	3,13 %	−6,79 %
Current Ratio	2,09	2,3	2,06	2,41
Quick Ratio	4,37	3,85	3,35	4,38
Equity Ratio	0,51	0,53	0,51	0,48
Gross Profit Margin	70,56 %	69,8 %	63,7 %	71,08 %