VALSTAD ENTREPRENØR AS

7510 SKATVAL

Finances

Share Ownership

Return on Equity

−136,67 %

Current Ratio

0,18

Debt-to-Equity Ratio

8,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 787 000	4 754 000	3 589 000	2 639 000
Net Income	−164 000	380 000	8 000	47 000
Total Assets	2 191 000	1 780 000	1 793 000	652 000
Total Equity	120 000	285 000	15 000	7 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 787 000	4 754 000	3 589 000	2 639 000
Expenditure	3 969 000	4 280 000	3 548 000	2 576 000
Operating Profit	−183 000	475 000	40 000	62 000
Financial Income	13 000	0	0	0
Financial Costs	41 000	23 000	32 000	16 000
Financial Balance	−28 000	−23 000	−32 000	−16 000
Earnings Before Tax	−210 000	452 000	8 000	47 000
Tax	−46 000	72 000	0	0
Net Income	−164 000	380 000	8 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 001 000	958 000	653 000	149 000
Total Current Assets	190 000	823 000	1 140 000	503 000
Total Assets	2 191 000	1 780 000	1 793 000	652 000
Total Retained Equity	−89 000	76 000	−194 000	−202 000
Total Equity	120 000	285 000	15 000	7 000
Total Long-Term Debt	1 016 000	841 000	724 000	0
Total Current Debt	1 054 000	655 000	1 054 000	646 000
Total Equity and Debt	2 191 000	1 780 000	1 793 000	652 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 304 000	4 583 000	3 628 000	2 509 000
Other Income	483 000	171 000	−40 000	130 000
Revenue	3 787 000	4 754 000	3 589 000	2 639 000
Cost of Goods Sold	1 593 000	2 210 000	1 620 000	1 098 000
Salary Costs	1 129 000	1 226 000	1 296 000	971 000
Depreciation	246 000	177 000	86 000	7 000
Impairment	0	0	0	0
Expenditure	3 969 000	4 280 000	3 548 000	2 576 000
Operating Profit	−183 000	475 000	40 000	62 000
Financial Income	13 000	0	0	0
Financial Costs	41 000	23 000	32 000	16 000
Financial Balance	−28 000	−23 000	−32 000	−16 000
Dividends	0	110 000	0	0
Net Income	−164 000	380 000	8 000	47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	800 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 201 000	911 000	567 000	61 000
Total Tangible Assets	2 001 000	911 000	567 000	61 000
Total Fiancial Fixed Assets	0	46 000	86 000	88 000
Total Fixed Assets	2 001 000	958 000	653 000	149 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−156 000	37 000	86 000	294 000
Total Current Assets	190 000	823 000	1 140 000	503 000
Total Assets	2 191 000	1 780 000	1 793 000	652 000
Total Equity	120 000	285 000	15 000	7 000
Short-Term Group Debt	831 000	0	0	0
Total Long-Term Debt	1 016 000	841 000	724 000	0
Creditors	75 000	151 000	646 000	88 000
Unpaid Taxes	67 000	57 000	199 000	148 000
Dividends	0	110 000	0	0
Other Current Debt	82 000	196 000	145 000	205 000
Total Current Debt	1 054 000	655 000	1 054 000	646 000
Total Equity and Debt	2 191 000	1 780 000	1 793 000	652 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−136,67 %	133,33 %	53,33 %	671,43 %
Debt-to-Equity Ratio	8,47	2,95	48,27	0
Operating Profit Margin	−4,83 %	9,99 %	1,11 %	2,35 %
Current Ratio	0,18	1,26	1,08	0,78
Quick Ratio	0,18	1,26	1,08	0,78
Equity Ratio	0,05	0,16	0,01	0,01
Gross Profit Margin	57,94 %	53,51 %	54,86 %	58,39 %