FARTEIN VALEN-STIFTELSEN

5528 HAUGESUND

Finances

Share Ownership

Return on Equity

−73,48 %

Current Ratio

5,59

Debt-to-Equity Ratio

1,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 304 000	285 000	258 000	201 000
Net Income	−205 000	69 000	48 000	86 000
Total Assets	895 000	1 334 000	1 339 000	737 000
Total Equity	279 000	484 000	415 000	367 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 304 000	285 000	258 000	201 000
Expenditure	1 509 000	216 000	210 000	114 000
Operating Profit	−205 000	69 000	48 000	86 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−205 000	69 000	48 000	86 000
Tax	0	0	0	0
Net Income	−205 000	69 000	48 000	86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	369 000	0	0	0
Total Current Assets	525 000	1 334 000	1 339 000	737 000
Total Assets	895 000	1 334 000	1 339 000	737 000
Total Retained Equity	229 000	434 000	365 000	317 000
Total Equity	279 000	484 000	415 000	367 000
Total Long-Term Debt	522 000	165 000	165 000	0
Total Current Debt	94 000	685 000	759 000	369 000
Total Equity and Debt	895 000	1 334 000	1 339 000	737 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	113 000	17 000	18 000	0
Other Income	1 191 000	268 000	240 000	201 000
Revenue	1 304 000	285 000	258 000	201 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 509 000	216 000	210 000	114 000
Operating Profit	−205 000	69 000	48 000	86 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−205 000	69 000	48 000	86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	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	349 000	0	0	0
Total Fixed Assets	369 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	475 000	829 000	810 000	372 000
Total Current Assets	525 000	1 334 000	1 339 000	737 000
Total Assets	895 000	1 334 000	1 339 000	737 000
Total Equity	279 000	484 000	415 000	367 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	522 000	165 000	165 000	0
Creditors	4 000	53 000	25 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	90 000	632 000	734 000	365 000
Total Current Debt	94 000	685 000	759 000	369 000
Total Equity and Debt	895 000	1 334 000	1 339 000	737 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−73,48 %	14,26 %	11,57 %	23,43 %
Debt-to-Equity Ratio	1,87	0,34	0,4	0
Operating Profit Margin	−15,72 %	24,21 %	18,6 %	42,79 %
Current Ratio	5,59	1,95	1,76	2
Quick Ratio	5,59	1,95	1,76	2
Equity Ratio	0,31	0,36	0,31	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %