VALBORGLAND AREALSERVICE AS

4886 GRIMSTAD

Finances

Return on Equity

−2,65 %

Current Ratio

66,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	258 000	1 396 000	1 304 000	1 927 000
Net Income	−308 000	646 000	1 711 000	1 364 000
Total Assets	11 787 000	12 273 000	13 475 000	12 299 000
Total Equity	11 609 000	11 917 000	12 071 000	11 360 000

Income (NOK)	2022	2021	2020	2019
Revenue	258 000	1 396 000	1 304 000	1 927 000
Expenditure	393 000	1 013 000	999 000	1 095 000
Operating Profit	−135 000	382 000	305 000	832 000
Financial Income	167 000	760 000	1 583 000	768 000
Financial Costs	340 000	315 000	0	1 000
Financial Balance	−173 000	445 000	1 583 000	767 000
Earnings Before Tax	−308 000	827 000	1 888 000	1 599 000
Tax	0	181 000	178 000	235 000
Net Income	−308 000	646 000	1 711 000	1 364 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	11 787 000	12 273 000	13 475 000	12 299 000
Total Assets	11 787 000	12 273 000	13 475 000	12 299 000
Total Retained Equity	11 509 000	11 817 000	11 971 000	11 260 000
Total Equity	11 609 000	11 917 000	12 071 000	11 360 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	178 000	356 000	1 404 000	939 000
Total Equity and Debt	11 787 000	12 273 000	13 475 000	12 299 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	258 000	1 396 000	1 304 000	1 927 000
Other Income	0	0	0	0
Revenue	258 000	1 396 000	1 304 000	1 927 000
Cost of Goods Sold	0	0	0	0
Salary Costs	275 000	812 000	806 000	817 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	393 000	1 013 000	999 000	1 095 000
Operating Profit	−135 000	382 000	305 000	832 000
Financial Income	167 000	760 000	1 583 000	768 000
Financial Costs	340 000	315 000	0	1 000
Financial Balance	−173 000	445 000	1 583 000	767 000
Dividends	0	0	1 000 000	500 000
Net Income	−308 000	646 000	1 711 000	1 364 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	11 105 000	11 698 000	12 497 000	11 164 000
Cash, Bank	638 000	292 000	816 000	918 000
Total Current Assets	11 787 000	12 273 000	13 475 000	12 299 000
Total Assets	11 787 000	12 273 000	13 475 000	12 299 000
Total Equity	11 609 000	11 917 000	12 071 000	11 360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	4 000	7 000	5 000
Unpaid Taxes	132 000	71 000	118 000	98 000
Dividends	0	0	1 000 000	500 000
Other Current Debt	44 000	100 000	102 000	100 000
Total Current Debt	178 000	356 000	1 404 000	939 000
Total Equity and Debt	11 787 000	12 273 000	13 475 000	12 299 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,65 %	5,42 %	14,17 %	12,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−52,33 %	27,36 %	23,39 %	43,18 %
Current Ratio	66,22	34,47	9,6	13,1
Quick Ratio	66,22	34,47	9,6	13,1
Equity Ratio	0,98	0,97	0,9	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %