VÅLER FJERNVARME AS

1592 VÅLER I ØSTFOLD

Finances

Share Ownership

Return on Equity

2,15 %

Current Ratio

0,63

Debt-to-Equity Ratio

−0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 088 000	493 000	200 000	69 000
Net Income	−837 000	−648 000	−997 000	−1 460 000
Total Assets	4 689 000	1 863 000	1 197 000	469 000
Total Equity	−38 885 000	−41 256 000	−41 851 000	−41 596 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 088 000	493 000	200 000	69 000
Expenditure	574 000	405 000	369 000	279 000
Operating Profit	514 000	88 000	−170 000	−211 000
Financial Income	1 000	0	0	0
Financial Costs	1 351 000	736 000	827 000	1 249 000
Financial Balance	−1 350 000	−736 000	−827 000	−1 249 000
Earnings Before Tax	−837 000	−648 000	−997 000	−1 460 000
Tax	0	0	0	0
Net Income	−837 000	−648 000	−997 000	−1 460 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	149 000	157 000	165 000
Total Current Assets	4 670 000	1 714 000	1 040 000	304 000
Total Assets	4 689 000	1 863 000	1 197 000	469 000
Total Retained Equity	−39 285 000	−41 656 000	−42 251 000	−41 996 000
Total Equity	−38 885 000	−41 256 000	−41 851 000	−41 596 000
Total Long-Term Debt	36 165 000	37 060 000	37 701 000	37 501 000
Total Current Debt	7 409 000	6 060 000	5 348 000	4 564 000
Total Equity and Debt	4 689 000	1 863 000	1 197 000	469 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	679 000	493 000	200 000	69 000
Other Income	409 000	0	0	0
Revenue	1 088 000	493 000	200 000	69 000
Cost of Goods Sold	167 000	176 000	106 000	127 000
Salary Costs	0	0	−13 000	0
Depreciation	8 000	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	574 000	405 000	369 000	279 000
Operating Profit	514 000	88 000	−170 000	−211 000
Financial Income	1 000	0	0	0
Financial Costs	1 351 000	736 000	827 000	1 249 000
Financial Balance	−1 350 000	−736 000	−827 000	−1 249 000
Dividends	0	0	0	0
Net Income	−837 000	−648 000	−997 000	−1 460 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	130 000	138 000	147 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	19 000	19 000	19 000
Total Tangible Assets	19 000	149 000	157 000	165 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 000	149 000	157 000	165 000
Stock	0	82 000	82 000	56 000
Total Investments	0	0	0	0
Cash, Bank	1 029 000	69 000	120 000	45 000
Total Current Assets	4 670 000	1 714 000	1 040 000	304 000
Total Assets	4 689 000	1 863 000	1 197 000	469 000
Total Equity	−38 885 000	−41 256 000	−41 851 000	−41 596 000
Short-Term Group Debt	7 298 000	5 947 000	5 211 000	4 383 000
Total Long-Term Debt	36 165 000	37 060 000	37 701 000	37 501 000
Creditors	111 000	106 000	133 000	173 000
Unpaid Taxes	0	5 000	0	5 000
Dividends	0	0	0	0
Other Current Debt	0	2 000	4 000	2 000
Total Current Debt	7 409 000	6 060 000	5 348 000	4 564 000
Total Equity and Debt	4 689 000	1 863 000	1 197 000	469 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,15 %	1,57 %	2,38 %	3,51 %
Debt-to-Equity Ratio	−0,93	−0,9	−0,9	−0,9
Operating Profit Margin	47,24 %	17,85 %	−85 %	−305,8 %
Current Ratio	0,63	0,28	0,19	0,07
Quick Ratio	0,63	0,29	0,2	0,07
Equity Ratio	−8,29	−22,14	−34,96	−88,69
Gross Profit Margin	84,65 %	64,3 %	47 %	−84,06 %