VALDRES ELEKTRO & VARMEPUMPE AS

2920 LEIRA I VALDRES

Finances

Return on Equity

12,05 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 725 000	8 672 000	6 735 000	7 866 000
Net Income	237 000	344 000	−155 000	520 000
Total Assets	6 374 000	4 387 000	4 377 000	4 851 000
Total Equity	1 967 000	1 730 000	1 386 000	1 541 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 725 000	8 672 000	6 735 000	7 866 000
Expenditure	9 419 000	8 253 000	6 857 000	7 114 000
Operating Profit	305 000	418 000	−121 000	753 000
Financial Income	4 000	15 000	9 000	4 000
Financial Costs	13 000	16 000	43 000	60 000
Financial Balance	−9 000	−1 000	−34 000	−56 000
Earnings Before Tax	297 000	417 000	−155 000	697 000
Tax	59 000	72 000	0	177 000
Net Income	237 000	344 000	−155 000	520 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 029 000	468 000	489 000	348 000
Total Current Assets	5 345 000	3 919 000	3 888 000	4 503 000
Total Assets	6 374 000	4 387 000	4 377 000	4 851 000
Total Retained Equity	1 867 000	1 630 000	1 286 000	1 441 000
Total Equity	1 967 000	1 730 000	1 386 000	1 541 000
Total Long-Term Debt	128 000	186 000	243 000	297 000
Total Current Debt	4 279 000	2 470 000	2 748 000	3 013 000
Total Equity and Debt	6 374 000	4 387 000	4 377 000	4 851 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 575 000	8 509 000	6 557 000	7 865 000
Other Income	150 000	163 000	178 000	1 000
Revenue	9 725 000	8 672 000	6 735 000	7 866 000
Cost of Goods Sold	4 904 000	4 051 000	2 890 000	2 758 000
Salary Costs	3 032 000	2 799 000	2 666 000	2 949 000
Depreciation	134 000	177 000	155 000	235 000
Impairment	0	0	0	0
Expenditure	9 419 000	8 253 000	6 857 000	7 114 000
Operating Profit	305 000	418 000	−121 000	753 000
Financial Income	4 000	15 000	9 000	4 000
Financial Costs	13 000	16 000	43 000	60 000
Financial Balance	−9 000	−1 000	−34 000	−56 000
Dividends	0	0	0	0
Net Income	237 000	344 000	−155 000	520 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 029 000	431 000	316 000	0
Machinery and Plant Facilities	0	37 000	173 000	348 000
Fixtures	0	0	0	0
Total Tangible Assets	1 029 000	468 000	489 000	348 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 029 000	468 000	489 000	348 000
Stock	2 742 000	1 827 000	2 002 000	1 855 000
Total Investments	8 000	8 000	8 000	8 000
Cash, Bank	3 000	536 000	425 000	159 000
Total Current Assets	5 345 000	3 919 000	3 888 000	4 503 000
Total Assets	6 374 000	4 387 000	4 377 000	4 851 000
Total Equity	1 967 000	1 730 000	1 386 000	1 541 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	128 000	186 000	243 000	297 000
Creditors	1 664 000	442 000	517 000	674 000
Unpaid Taxes	447 000	681 000	538 000	635 000
Dividends	0	0	0	0
Other Current Debt	2 108 000	1 275 000	1 693 000	1 527 000
Total Current Debt	4 279 000	2 470 000	2 748 000	3 013 000
Total Equity and Debt	6 374 000	4 387 000	4 377 000	4 851 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,05 %	19,88 %	−11,18 %	33,74 %
Debt-to-Equity Ratio	0,07	0,11	0,18	0,19
Operating Profit Margin	3,14 %	4,82 %	−1,8 %	9,57 %
Current Ratio	1,25	1,59	1,41	1,49
Quick Ratio	3,48	6,09	5,21	3,89
Equity Ratio	0,31	0,39	0,32	0,32
Gross Profit Margin	49,57 %	53,29 %	57,09 %	64,94 %