VALDRES OPTIKK AS

2900 FAGERNES

Finances

Return on Equity

−44,04 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 320 000	2 563 000	2 258 000	2 384 000
Net Income	−96 000	−191 000	−82 000	−29 000
Total Assets	625 000	551 000	786 000	864 000
Total Equity	218 000	314 000	505 000	587 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 320 000	2 563 000	2 258 000	2 384 000
Expenditure	2 416 000	2 754 000	2 370 000	2 414 000
Operating Profit	−96 000	−191 000	−112 000	−30 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	1 000
Earnings Before Tax	−96 000	−191 000	−112 000	−29 000
Tax	0	0	−30 000	0
Net Income	−96 000	−191 000	−82 000	−29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	625 000	551 000	786 000	864 000
Total Assets	625 000	551 000	786 000	864 000
Total Retained Equity	136 000	232 000	423 000	505 000
Total Equity	218 000	314 000	505 000	587 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	406 000	236 000	281 000	277 000
Total Equity and Debt	625 000	551 000	786 000	864 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 320 000	2 563 000	2 235 000	2 384 000
Other Income	0	0	23 000	0
Revenue	2 320 000	2 563 000	2 258 000	2 384 000
Cost of Goods Sold	625 000	911 000	614 000	702 000
Salary Costs	921 000	1 018 000	1 057 000	1 136 000
Depreciation	0	0	0	12 000
Impairment	0	0	0	0
Expenditure	2 416 000	2 754 000	2 370 000	2 414 000
Operating Profit	−96 000	−191 000	−112 000	−30 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	1 000
Dividends	0	0	0	0
Net Income	−96 000	−191 000	−82 000	−29 000

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	367 000	329 000	457 000	566 000
Total Investments	0	0	0	0
Cash, Bank	160 000	161 000	251 000	257 000
Total Current Assets	625 000	551 000	786 000	864 000
Total Assets	625 000	551 000	786 000	864 000
Total Equity	218 000	314 000	505 000	587 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	150 000	55 000	62 000	77 000
Unpaid Taxes	139 000	83 000	118 000	91 000
Dividends	0	0	0	0
Other Current Debt	118 000	99 000	101 000	110 000
Total Current Debt	406 000	236 000	281 000	277 000
Total Equity and Debt	625 000	551 000	786 000	864 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−44,04 %	−60,83 %	−16,24 %	−4,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,14 %	−7,45 %	−4,96 %	−1,26 %
Current Ratio	1,54	2,33	2,8	3,12
Quick Ratio	16,03	−5,92	−4,47	−2,99
Equity Ratio	0,35	0,57	0,64	0,68
Gross Profit Margin	73,06 %	64,46 %	72,81 %	70,55 %