VALNOR AS

4315 SANDNES

Finances

Share Ownership

Return on Equity

71,14 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	41 131 000	41 184 000	45 661 000	43 971 000
Net Income	4 053 000	2 098 000	3 662 000	3 279 000
Total Assets	15 914 000	17 897 000	20 488 000	21 527 000
Total Equity	5 697 000	6 308 000	6 161 000	6 087 000

Income (NOK)	2023	2022	2021	2020
Revenue	41 131 000	41 184 000	45 661 000	43 971 000
Expenditure	35 533 000	38 577 000	41 334 000	39 251 000
Operating Profit	5 597 000	2 607 000	4 326 000	4 719 000
Financial Income	283 000	315 000	853 000	15 000
Financial Costs	684 000	231 000	482 000	528 000
Financial Balance	−401 000	84 000	371 000	−513 000
Earnings Before Tax	5 196 000	2 690 000	4 698 000	4 207 000
Tax	1 143 000	593 000	1 035 000	927 000
Net Income	4 053 000	2 098 000	3 662 000	3 279 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	178 000	260 000	252 000	304 000
Total Current Assets	15 736 000	17 637 000	20 237 000	21 223 000
Total Assets	15 914 000	17 897 000	20 488 000	21 527 000
Total Retained Equity	5 249 000	5 860 000	5 713 000	5 639 000
Total Equity	5 697 000	6 308 000	6 161 000	6 087 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 217 000	11 588 000	14 327 000	15 440 000
Total Equity and Debt	15 914 000	17 897 000	20 488 000	21 527 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	41 131 000	41 184 000	45 636 000	43 971 000
Other Income	0	0	25 000	0
Revenue	41 131 000	41 184 000	45 661 000	43 971 000
Cost of Goods Sold	25 888 000	26 435 000	29 776 000	28 211 000
Salary Costs	6 255 000	8 854 000	7 932 000	7 867 000
Depreciation	73 000	115 000	113 000	65 000
Impairment	0	0	0	0
Expenditure	35 533 000	38 577 000	41 334 000	39 251 000
Operating Profit	5 597 000	2 607 000	4 326 000	4 719 000
Financial Income	283 000	315 000	853 000	15 000
Financial Costs	684 000	231 000	482 000	528 000
Financial Balance	−401 000	84 000	371 000	−513 000
Dividends	2 964 000	0	0	0
Net Income	4 053 000	2 098 000	3 662 000	3 279 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	166 000	174 000	51 000	44 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	85 000	200 000	260 000
Total Tangible Assets	12 000	85 000	200 000	260 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	178 000	260 000	252 000	304 000
Stock	10 640 000	11 191 000	12 835 000	12 828 000
Total Investments	0	0	0	0
Cash, Bank	120 000	172 000	207 000	203 000
Total Current Assets	15 736 000	17 637 000	20 237 000	21 223 000
Total Assets	15 914 000	17 897 000	20 488 000	21 527 000
Total Equity	5 697 000	6 308 000	6 161 000	6 087 000
Short-Term Group Debt	1 193 000	6 817 000	4 600 000	3 050 000
Total Long-Term Debt	0	0	0	0
Creditors	2 555 000	1 931 000	2 822 000	2 759 000
Unpaid Taxes	1 319 000	2 047 000	2 589 000	2 282 000
Dividends	2 964 000	0	0	0
Other Current Debt	900 000	717 000	1 341 000	1 427 000
Total Current Debt	10 217 000	11 588 000	14 327 000	15 440 000
Total Equity and Debt	15 914 000	17 897 000	20 488 000	21 527 000

Financial indicators	2023	2022	2021	2020
Return on Equity	71,14 %	33,26 %	59,44 %	53,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,61 %	6,33 %	9,47 %	10,73 %
Current Ratio	1,54	1,52	1,41	1,37
Quick Ratio	−37,2	44,43	13,56	8,13
Equity Ratio	0,36	0,35	0,3	0,28
Gross Profit Margin	37,06 %	35,81 %	34,79 %	35,84 %