VALKYRIEN MANAGEMENT AS

3132 HUSØYSUND

Finances

Return on Equity

2,38 %

Current Ratio

3,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	176 000	93 000	0	0
Net Income	981 000	3 640 000	26 000	95 485 000
Total Assets	55 513 000	64 436 000	75 774 000	96 303 000
Total Equity	41 265 000	54 285 000	60 645 000	75 619 000

Income (NOK)	2022	2021	2020	2019
Revenue	176 000	93 000	0	0
Expenditure	1 088 000	1 110 000	860 000	405 000
Operating Profit	−911 000	−1 018 000	−860 000	−406 000
Financial Income	2 233 000	5 020 000	1 576 000	96 067 000
Financial Costs	341 000	362 000	691 000	0
Financial Balance	1 892 000	4 658 000	885 000	96 067 000
Earnings Before Tax	981 000	3 640 000	26 000	95 661 000
Tax	0	0	0	176 000
Net Income	981 000	3 640 000	26 000	95 485 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 886 000	1 880 000	0	0
Total Current Assets	48 626 000	62 556 000	75 774 000	96 303 000
Total Assets	55 513 000	64 436 000	75 774 000	96 303 000
Total Retained Equity	41 132 000	54 151 000	60 511 000	75 485 000
Total Equity	41 265 000	54 285 000	60 645 000	75 619 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	14 247 000	10 151 000	15 129 000	20 684 000
Total Equity and Debt	55 513 000	64 436 000	75 774 000	96 303 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	176 000	93 000	0	0
Revenue	176 000	93 000	0	0
Cost of Goods Sold	71 000	0	0	0
Salary Costs	748 000	821 000	701 000	170 000
Depreciation	77 000	38 000	0	0
Impairment	0	0	0	0
Expenditure	1 088 000	1 110 000	860 000	405 000
Operating Profit	−911 000	−1 018 000	−860 000	−406 000
Financial Income	2 233 000	5 020 000	1 576 000	96 067 000
Financial Costs	341 000	362 000	691 000	0
Financial Balance	1 892 000	4 658 000	885 000	96 067 000
Dividends	14 000 000	10 000 000	15 000 000	20 000 000
Net Income	981 000	3 640 000	26 000	95 485 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 859 000	1 880 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	0	0	0
Total Tangible Assets	6 886 000	1 880 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 886 000	1 880 000	0	0
Stock	0	0	0	0
Total Investments	13 236 000	17 624 000	9 098 000	418 000
Cash, Bank	25 719 000	37 514 000	50 659 000	80 762 000
Total Current Assets	48 626 000	62 556 000	75 774 000	96 303 000
Total Assets	55 513 000	64 436 000	75 774 000	96 303 000
Total Equity	41 265 000	54 285 000	60 645 000	75 619 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 000	3 000	2 000	316 000
Unpaid Taxes	13 000	48 000	49 000	81 000
Dividends	14 000 000	10 000 000	15 000 000	20 000 000
Other Current Debt	14 215 000	10 100 000	15 078 000	20 111 000
Total Current Debt	14 247 000	10 151 000	15 129 000	20 684 000
Total Equity and Debt	55 513 000	64 436 000	75 774 000	96 303 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,38 %	6,71 %	0,04 %	126,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−517,61 %	−1 094,62 %	-	-
Current Ratio	3,41	6,16	5,01	4,66
Quick Ratio	3,41	6,16	5,01	4,66
Equity Ratio	0,74	0,84	0,8	0,79
Gross Profit Margin	59,66 %	100 %	-	-