VALDRES OPPLÆRINGSKONTOR SA

2900 FAGERNES

Finances

Share Ownership

Return on Equity

12,3 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 624 000	1 246 000	1 381 000	758 000
Net Income	257 000	284 000	473 000	−61 000
Total Assets	5 854 000	5 896 000	5 210 000	3 406 000
Total Equity	2 089 000	1 817 000	1 533 000	990 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 624 000	1 246 000	1 381 000	758 000
Expenditure	1 313 000	882 000	781 000	848 000
Operating Profit	311 000	364 000	600 000	−91 000
Financial Income	22 000	4 000	10 000	15 000
Financial Costs	0	0	0	1 000
Financial Balance	22 000	4 000	10 000	14 000
Earnings Before Tax	333 000	368 000	610 000	−77 000
Tax	77 000	84 000	137 000	−15 000
Net Income	257 000	284 000	473 000	−61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	17 000
Total Current Assets	5 854 000	5 896 000	5 210 000	3 390 000
Total Assets	5 854 000	5 896 000	5 210 000	3 406 000
Total Retained Equity	1 674 000	1 417 000	1 133 000	660 000
Total Equity	2 089 000	1 817 000	1 533 000	990 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 765 000	4 078 000	3 677 000	2 416 000
Total Equity and Debt	5 854 000	5 896 000	5 210 000	3 406 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 624 000	1 246 000	1 381 000	758 000
Revenue	1 624 000	1 246 000	1 381 000	758 000
Cost of Goods Sold	0	0	0	7 000
Salary Costs	981 000	733 000	618 000	586 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 313 000	882 000	781 000	848 000
Operating Profit	311 000	364 000	600 000	−91 000
Financial Income	22 000	4 000	10 000	15 000
Financial Costs	0	0	0	1 000
Financial Balance	22 000	4 000	10 000	14 000
Dividends	0	0	0	0
Net Income	257 000	284 000	473 000	−61 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	17 000
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	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 781 000	5 859 000	2 330 000	3 343 000
Total Current Assets	5 854 000	5 896 000	5 210 000	3 390 000
Total Assets	5 854 000	5 896 000	5 210 000	3 406 000
Total Equity	2 089 000	1 817 000	1 533 000	990 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	6 000	5 000	5 000
Unpaid Taxes	47 000	46 000	35 000	26 000
Dividends	0	0	0	0
Other Current Debt	3 632 000	3 942 000	3 517 000	2 384 000
Total Current Debt	3 765 000	4 078 000	3 677 000	2 416 000
Total Equity and Debt	5 854 000	5 896 000	5 210 000	3 406 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,3 %	15,63 %	30,85 %	−6,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,15 %	29,21 %	43,45 %	−12,01 %
Current Ratio	1,55	1,45	1,42	1,4
Quick Ratio	1,55	1,45	1,42	1,4
Equity Ratio	0,36	0,31	0,29	0,29
Gross Profit Margin	100 %	100 %	100 %	99,08 %