VALDRESMEIERIET AS

2960 RØN

Finances

Return on Equity

18,7 %

Current Ratio

2,44

Debt-to-Equity Ratio

1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 561 000	11 408 000	10 272 000	7 600 000
Net Income	577 000	673 000	421 000	320 000
Total Assets	10 077 000	9 747 000	9 602 000	8 590 000
Total Equity	3 086 000	2 509 000	1 836 000	1 415 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 561 000	11 408 000	10 272 000	7 600 000
Expenditure	12 577 000	10 346 000	9 490 000	6 954 000
Operating Profit	985 000	1 061 000	782 000	646 000
Financial Income	5 000	26 000	3 000	1 000
Financial Costs	249 000	225 000	242 000	236 000
Financial Balance	−244 000	−199 000	−239 000	−235 000
Earnings Before Tax	740 000	863 000	543 000	411 000
Tax	163 000	190 000	122 000	91 000
Net Income	577 000	673 000	421 000	320 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 495 000	3 875 000	3 205 000	3 432 000
Total Current Assets	6 582 000	5 873 000	6 398 000	5 158 000
Total Assets	10 077 000	9 747 000	9 602 000	8 590 000
Total Retained Equity	2 096 000	1 519 000	846 000	425 000
Total Equity	3 086 000	2 509 000	1 836 000	1 415 000
Total Long-Term Debt	4 290 000	4 808 000	4 649 000	4 805 000
Total Current Debt	2 701 000	2 430 000	3 118 000	2 371 000
Total Equity and Debt	10 077 000	9 747 000	9 602 000	8 590 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 150 000	11 087 000	9 992 000	7 268 000
Other Income	411 000	321 000	280 000	332 000
Revenue	13 561 000	11 408 000	10 272 000	7 600 000
Cost of Goods Sold	5 194 000	3 976 000	4 134 000	1 790 000
Salary Costs	3 796 000	3 253 000	2 748 000	2 663 000
Depreciation	577 000	518 000	522 000	455 000
Impairment	0	0	0	0
Expenditure	12 577 000	10 346 000	9 490 000	6 954 000
Operating Profit	985 000	1 061 000	782 000	646 000
Financial Income	5 000	26 000	3 000	1 000
Financial Costs	249 000	225 000	242 000	236 000
Financial Balance	−244 000	−199 000	−239 000	−235 000
Dividends	0	0	0	0
Net Income	577 000	673 000	421 000	320 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	475 000
Machinery and Plant Facilities	0	0	0	2 914 000
Fixtures	3 452 000	3 832 000	3 161 000	0
Total Tangible Assets	3 452 000	3 832 000	3 161 000	3 389 000
Total Fiancial Fixed Assets	43 000	43 000	43 000	43 000
Total Fixed Assets	3 495 000	3 875 000	3 205 000	3 432 000
Stock	5 528 000	4 840 000	4 446 000	4 554 000
Total Investments	0	0	0	0
Cash, Bank	170 000	110 000	128 000	87 000
Total Current Assets	6 582 000	5 873 000	6 398 000	5 158 000
Total Assets	10 077 000	9 747 000	9 602 000	8 590 000
Total Equity	3 086 000	2 509 000	1 836 000	1 415 000
Short-Term Group Debt	952 000	917 000	1 601 000	1 459 000
Total Long-Term Debt	4 290 000	4 808 000	4 649 000	4 805 000
Creditors	949 000	882 000	853 000	425 000
Unpaid Taxes	261 000	143 000	196 000	0
Dividends	0	0	0	0
Other Current Debt	396 000	353 000	373 000	487 000
Total Current Debt	2 701 000	2 430 000	3 118 000	2 371 000
Total Equity and Debt	10 077 000	9 747 000	9 602 000	8 590 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,7 %	26,82 %	22,93 %	22,61 %
Debt-to-Equity Ratio	1,39	1,92	2,53	3,4
Operating Profit Margin	7,26 %	9,3 %	7,61 %	8,5 %
Current Ratio	2,44	2,42	2,05	2,18
Quick Ratio	−2,33	−2,44	−4,82	−2,36
Equity Ratio	0,31	0,26	0,19	0,16
Gross Profit Margin	61,7 %	65,15 %	59,75 %	76,45 %