VALDRES BIOVARME AS

2900 FAGERNES

Finances

Share Ownership

Return on Equity

19,02 %

Current Ratio

1,11

Debt-to-Equity Ratio

2,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 191 000	5 811 000	3 443 000	4 625 000
Net Income	1 325 000	990 000	−253 000	461 000
Total Assets	26 314 000	24 101 000	23 854 000	22 548 000
Total Equity	6 966 000	5 641 000	4 651 000	2 692 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 191 000	5 811 000	3 443 000	4 625 000
Expenditure	3 728 000	4 122 000	3 082 000	3 347 000
Operating Profit	2 463 000	1 690 000	361 000	1 279 000
Financial Income	7 000	18 000	51 000	80 000
Financial Costs	771 000	558 000	666 000	897 000
Financial Balance	−764 000	−540 000	−615 000	−817 000
Earnings Before Tax	1 699 000	1 149 000	−253 000	461 000
Tax	374 000	160 000	0	0
Net Income	1 325 000	990 000	−253 000	461 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 266 000	22 241 000	22 564 000	20 905 000
Total Current Assets	2 048 000	1 860 000	1 291 000	1 643 000
Total Assets	26 314 000	24 101 000	23 854 000	22 548 000
Total Retained Equity	4 196 000	2 871 000	1 881 000	1 208 000
Total Equity	6 966 000	5 641 000	4 651 000	2 692 000
Total Long-Term Debt	17 498 000	17 027 000	18 081 000	18 838 000
Total Current Debt	1 849 000	1 434 000	1 122 000	1 018 000
Total Equity and Debt	26 314 000	24 101 000	23 854 000	22 548 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 191 000	5 811 000	3 443 000	4 625 000
Other Income	0	0	0	0
Revenue	6 191 000	5 811 000	3 443 000	4 625 000
Cost of Goods Sold	1 650 000	2 301 000	1 476 000	1 676 000
Salary Costs	417 000	446 000	349 000	443 000
Depreciation	812 000	774 000	751 000	661 000
Impairment	0	0	0	0
Expenditure	3 728 000	4 122 000	3 082 000	3 347 000
Operating Profit	2 463 000	1 690 000	361 000	1 279 000
Financial Income	7 000	18 000	51 000	80 000
Financial Costs	771 000	558 000	666 000	897 000
Financial Balance	−764 000	−540 000	−615 000	−817 000
Dividends	0	0	0	0
Net Income	1 325 000	990 000	−253 000	461 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 215 000	22 241 000	22 215 000	20 121 000
Machinery and Plant Facilities	51 000	0	0	0
Fixtures	0	0	0	1 000
Total Tangible Assets	24 266 000	22 241 000	22 215 000	20 122 000
Total Fiancial Fixed Assets	0	0	349 000	783 000
Total Fixed Assets	24 266 000	22 241 000	22 564 000	20 905 000
Stock	796 000	614 000	747 000	964 000
Total Investments	0	0	0	0
Cash, Bank	17 000	17 000	40 000	4 000
Total Current Assets	2 048 000	1 860 000	1 291 000	1 643 000
Total Assets	26 314 000	24 101 000	23 854 000	22 548 000
Total Equity	6 966 000	5 641 000	4 651 000	2 692 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 498 000	17 027 000	18 081 000	18 838 000
Creditors	1 359 000	410 000	530 000	138 000
Unpaid Taxes	53 000	344 000	216 000	354 000
Dividends	0	0	0	0
Other Current Debt	438 000	680 000	376 000	526 000
Total Current Debt	1 849 000	1 434 000	1 122 000	1 018 000
Total Equity and Debt	26 314 000	24 101 000	23 854 000	22 548 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,02 %	17,55 %	−5,44 %	17,12 %
Debt-to-Equity Ratio	2,51	3,02	3,89	7
Operating Profit Margin	39,78 %	29,08 %	10,49 %	27,65 %
Current Ratio	1,11	1,3	1,15	1,61
Quick Ratio	1,94	2,27	3,44	30,43
Equity Ratio	0,26	0,23	0,19	0,12
Gross Profit Margin	73,35 %	60,4 %	57,13 %	63,76 %