VALVIK AS

6812 FØRDE

Finances

Return on Equity

32,77 %

Current Ratio

2,28

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	139 384 000	123 824 000	121 208 000	87 199 000
Net Income	12 837 000	12 334 000	5 738 000	1 101 000
Total Assets	95 195 000	82 293 000	87 864 000	75 073 000
Total Equity	39 169 000	26 332 000	26 049 000	20 661 000

Income (NOK)	2022	2021	2020	2019
Revenue	139 384 000	123 824 000	121 208 000	87 199 000
Expenditure	121 489 000	106 438 000	112 085 000	84 072 000
Operating Profit	17 895 000	17 386 000	9 123 000	3 126 000
Financial Income	1 132 000	604 000	361 000	444 000
Financial Costs	2 568 000	2 150 000	2 152 000	2 166 000
Financial Balance	−1 436 000	−1 546 000	−1 791 000	−1 722 000
Earnings Before Tax	16 459 000	15 840 000	7 332 000	1 404 000
Tax	3 622 000	3 507 000	1 594 000	303 000
Net Income	12 837 000	12 334 000	5 738 000	1 101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 215 000	16 789 000	16 676 000	17 191 000
Total Current Assets	78 979 000	65 504 000	71 188 000	57 882 000
Total Assets	95 195 000	82 293 000	87 864 000	75 073 000
Total Retained Equity	31 605 000	21 078 000	25 549 000	20 161 000
Total Equity	39 169 000	26 332 000	26 049 000	20 661 000
Total Long-Term Debt	21 391 000	22 244 000	22 828 000	23 449 000
Total Current Debt	34 634 000	33 717 000	38 986 000	30 963 000
Total Equity and Debt	95 195 000	82 293 000	87 864 000	75 073 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	139 384 000	123 824 000	121 208 000	87 199 000
Other Income	0	0	0	0
Revenue	139 384 000	123 824 000	121 208 000	87 199 000
Cost of Goods Sold	101 443 000	88 152 000	94 837 000	66 828 000
Salary Costs	10 032 000	9 008 000	8 315 000	8 705 000
Depreciation	688 000	646 000	609 000	646 000
Impairment	0	0	0	0
Expenditure	121 489 000	106 438 000	112 085 000	84 072 000
Operating Profit	17 895 000	17 386 000	9 123 000	3 126 000
Financial Income	1 132 000	604 000	361 000	444 000
Financial Costs	2 568 000	2 150 000	2 152 000	2 166 000
Financial Balance	−1 436 000	−1 546 000	−1 791 000	−1 722 000
Dividends	0	12 050 000	0	0
Net Income	12 837 000	12 334 000	5 738 000	1 101 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 081 000	15 470 000	15 858 000	16 247 000
Machinery and Plant Facilities	0	0	307 000	384 000
Fixtures	897 000	1 074 000	510 000	560 000
Total Tangible Assets	16 215 000	16 789 000	16 676 000	17 191 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 215 000	16 789 000	16 676 000	17 191 000
Stock	48 889 000	37 447 000	23 406 000	43 276 000
Total Investments	125 000	105 000	413 000	0
Cash, Bank	10 346 000	3 971 000	25 017 000	1 800 000
Total Current Assets	78 979 000	65 504 000	71 188 000	57 882 000
Total Assets	95 195 000	82 293 000	87 864 000	75 073 000
Total Equity	39 169 000	26 332 000	26 049 000	20 661 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 391 000	22 244 000	22 828 000	23 449 000
Creditors	2 966 000	1 598 000	2 394 000	2 172 000
Unpaid Taxes	4 821 000	3 558 000	3 685 000	1 677 000
Dividends	0	12 050 000	0	0
Other Current Debt	3 650 000	9 187 000	1 030 000	1 973 000
Total Current Debt	34 634 000	33 717 000	38 986 000	30 963 000
Total Equity and Debt	95 195 000	82 293 000	87 864 000	75 073 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,77 %	46,84 %	22,03 %	5,33 %
Debt-to-Equity Ratio	0,55	0,84	0,88	1,13
Operating Profit Margin	12,84 %	14,04 %	7,53 %	3,58 %
Current Ratio	2,28	1,94	1,83	1,87
Quick Ratio	−5,54	−17,56	4,57	−4,7
Equity Ratio	0,41	0,32	0,3	0,28
Gross Profit Margin	27,22 %	28,81 %	21,76 %	23,36 %