VALDRESLAB AS

2900 FAGERNES

Finances

Return on Equity

1,5 %

Current Ratio

3,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 688 000	4 550 000	4 369 000	4 833 000
Net Income	54 000	258 000	318 000	644 000
Total Assets	5 037 000	4 892 000	5 158 000	4 935 000
Total Equity	3 604 000	3 550 000	3 297 000	3 377 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 688 000	4 550 000	4 369 000	4 833 000
Expenditure	4 660 000	4 265 000	3 982 000	3 956 000
Operating Profit	27 000	313 000	391 000	806 000
Financial Income	43 000	18 000	21 000	21 000
Financial Costs	1 000	0	2 000	1 000
Financial Balance	42 000	18 000	19 000	20 000
Earnings Before Tax	69 000	331 000	409 000	827 000
Tax	15 000	73 000	92 000	183 000
Net Income	54 000	258 000	318 000	644 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	532 000	653 000	399 000	377 000
Total Current Assets	4 505 000	4 238 000	4 759 000	4 558 000
Total Assets	5 037 000	4 892 000	5 158 000	4 935 000
Total Retained Equity	2 612 000	2 558 000	2 300 000	2 380 000
Total Equity	3 604 000	3 550 000	3 297 000	3 377 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 433 000	1 342 000	1 861 000	1 558 000
Total Equity and Debt	5 037 000	4 892 000	5 158 000	4 935 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 582 000	4 437 000	4 242 000	4 775 000
Other Income	106 000	113 000	127 000	58 000
Revenue	4 688 000	4 550 000	4 369 000	4 833 000
Cost of Goods Sold	930 000	876 000	755 000	805 000
Salary Costs	2 256 000	2 069 000	1 947 000	2 150 000
Depreciation	109 000	96 000	53 000	25 000
Impairment	0	0	0	0
Expenditure	4 660 000	4 265 000	3 982 000	3 956 000
Operating Profit	27 000	313 000	391 000	806 000
Financial Income	43 000	18 000	21 000	21 000
Financial Costs	1 000	0	2 000	1 000
Financial Balance	42 000	18 000	19 000	20 000
Dividends	0	0	398 000	0
Net Income	54 000	258 000	318 000	644 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 000	87 000	105 000	116 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	332 000	415 000	158 000	139 000
Total Tangible Assets	332 000	415 000	158 000	139 000
Total Fiancial Fixed Assets	125 000	151 000	136 000	121 000
Total Fixed Assets	532 000	653 000	399 000	377 000
Stock	235 000	237 000	208 000	205 000
Total Investments	0	0	0	0
Cash, Bank	3 316 000	3 423 000	4 062 000	3 919 000
Total Current Assets	4 505 000	4 238 000	4 759 000	4 558 000
Total Assets	5 037 000	4 892 000	5 158 000	4 935 000
Total Equity	3 604 000	3 550 000	3 297 000	3 377 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	242 000	249 000	401 000	396 000
Unpaid Taxes	136 000	112 000	140 000	183 000
Dividends	0	0	398 000	0
Other Current Debt	1 041 000	912 000	832 000	809 000
Total Current Debt	1 433 000	1 342 000	1 861 000	1 558 000
Total Equity and Debt	5 037 000	4 892 000	5 158 000	4 935 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,5 %	7,27 %	9,65 %	19,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,58 %	6,88 %	8,95 %	16,68 %
Current Ratio	3,14	3,16	2,56	2,93
Quick Ratio	3,76	3,84	2,88	3,37
Equity Ratio	0,72	0,73	0,64	0,68
Gross Profit Margin	80,16 %	80,75 %	82,72 %	83,34 %