VALLERSUND SERVICE AS

7167 VALLERSUND

Finances

Share Ownership

Return on Equity

68,03 %

Current Ratio

3,58

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 070 000	3 000 000	2 902 000	2 266 000
Net Income	700 000	615 000	644 000	87 000
Total Assets	1 620 000	1 194 000	961 000	395 000
Total Equity	1 029 000	556 000	124 000	−370 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 070 000	3 000 000	2 902 000	2 266 000
Expenditure	2 400 000	2 361 000	2 257 000	1 969 000
Operating Profit	700 000	618 000	645 000	96 000
Financial Income	1 000	0	0	0
Financial Costs	0	3 000	1 000	1 000
Financial Balance	1 000	−3 000	−1 000	−1 000
Earnings Before Tax	700 000	615 000	644 000	95 000
Tax	0	0	0	8 000
Net Income	700 000	615 000	644 000	87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	168 000	194 000	180 000	117 000
Total Current Assets	1 451 000	1 000 000	781 000	279 000
Total Assets	1 620 000	1 194 000	961 000	395 000
Total Retained Equity	227 000	0	22 000	−472 000
Total Equity	1 029 000	556 000	124 000	−370 000
Total Long-Term Debt	185 000	180 000	187 000	0
Total Current Debt	405 000	458 000	651 000	765 000
Total Equity and Debt	1 620 000	1 194 000	961 000	395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 070 000	3 000 000	2 902 000	2 266 000
Other Income	0	0	0	0
Revenue	3 070 000	3 000 000	2 902 000	2 266 000
Cost of Goods Sold	1 896 000	1 855 000	1 774 000	1 510 000
Salary Costs	76 000	70 000	0	0
Depreciation	0	38 000	14 000	9 000
Impairment	0	0	0	0
Expenditure	2 400 000	2 361 000	2 257 000	1 969 000
Operating Profit	700 000	618 000	645 000	96 000
Financial Income	1 000	0	0	0
Financial Costs	0	3 000	1 000	1 000
Financial Balance	1 000	−3 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	700 000	615 000	644 000	87 000

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	58 000	58 000	72 000	93 000
Fixtures	26 000	111 000	108 000	23 000
Total Tangible Assets	168 000	168 000	180 000	117 000
Total Fiancial Fixed Assets	0	26 000	0	0
Total Fixed Assets	168 000	194 000	180 000	117 000
Stock	272 000	243 000	264 000	201 000
Total Investments	0	0	0	0
Cash, Bank	1 147 000	738 000	448 000	8 000
Total Current Assets	1 451 000	1 000 000	781 000	279 000
Total Assets	1 620 000	1 194 000	961 000	395 000
Total Equity	1 029 000	556 000	124 000	−370 000
Short-Term Group Debt	0	0	0	45 000
Total Long-Term Debt	185 000	180 000	187 000	0
Creditors	78 000	75 000	264 000	0
Unpaid Taxes	32 000	0	18 000	27 000
Dividends	0	0	0	0
Other Current Debt	156 000	247 000	369 000	693 000
Total Current Debt	405 000	458 000	651 000	765 000
Total Equity and Debt	1 620 000	1 194 000	961 000	395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,03 %	110,61 %	519,35 %	−23,51 %
Debt-to-Equity Ratio	0,18	0,32	1,51	−0
Operating Profit Margin	22,8 %	20,6 %	22,23 %	4,24 %
Current Ratio	3,58	2,18	1,2	0,36
Quick Ratio	10,91	4,65	2,02	0,49
Equity Ratio	0,64	0,47	0,13	−0,94
Gross Profit Margin	38,24 %	38,17 %	38,87 %	33,36 %