VALERE AS

0264 OSLO

Finances

Return on Equity

41,07 %

Current Ratio

2,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 147 000	1 065 000	3 323 000	2 570 000
Net Income	1 654 000	63 000	886 000	443 000
Total Assets	4 652 000	2 598 000	2 764 000	1 752 000
Total Equity	4 027 000	2 373 000	2 310 000	1 424 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 147 000	1 065 000	3 323 000	2 570 000
Expenditure	1 030 000	1 035 000	2 188 000	1 770 000
Operating Profit	2 117 000	29 000	1 136 000	799 000
Financial Income	5 000	51 000	2 000	4 000
Financial Costs	1 000	10 000	1 000	182 000
Financial Balance	4 000	41 000	1 000	−178 000
Earnings Before Tax	2 121 000	69 000	1 137 000	620 000
Tax	467 000	6 000	251 000	177 000
Net Income	1 654 000	63 000	886 000	443 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 898 000	2 043 000	1 897 000	1 170 000
Total Current Assets	1 754 000	555 000	868 000	582 000
Total Assets	4 652 000	2 598 000	2 764 000	1 752 000
Total Retained Equity	3 927 000	2 273 000	2 210 000	1 324 000
Total Equity	4 027 000	2 373 000	2 310 000	1 424 000
Total Long-Term Debt	18 000	20 000	25 000	30 000
Total Current Debt	607 000	205 000	429 000	297 000
Total Equity and Debt	4 652 000	2 598 000	2 764 000	1 752 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 147 000	1 065 000	3 323 000	2 570 000
Other Income	0	0	0	0
Revenue	3 147 000	1 065 000	3 323 000	2 570 000
Cost of Goods Sold	0	0	1 185 000	691 000
Salary Costs	760 000	744 000	687 000	716 000
Depreciation	100 000	123 000	153 000	12 000
Impairment	0	0	0	0
Expenditure	1 030 000	1 035 000	2 188 000	1 770 000
Operating Profit	2 117 000	29 000	1 136 000	799 000
Financial Income	5 000	51 000	2 000	4 000
Financial Costs	1 000	10 000	1 000	182 000
Financial Balance	4 000	41 000	1 000	−178 000
Dividends	0	0	0	0
Net Income	1 654 000	63 000	886 000	443 000

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	388 000	488 000	611 000	737 000
Total Tangible Assets	388 000	488 000	611 000	737 000
Total Fiancial Fixed Assets	2 510 000	1 555 000	1 286 000	433 000
Total Fixed Assets	2 898 000	2 043 000	1 897 000	1 170 000
Stock	0	0	0	0
Total Investments	204 000	0	0	0
Cash, Bank	1 343 000	113 000	725 000	480 000
Total Current Assets	1 754 000	555 000	868 000	582 000
Total Assets	4 652 000	2 598 000	2 764 000	1 752 000
Total Equity	4 027 000	2 373 000	2 310 000	1 424 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 000	20 000	25 000	30 000
Creditors	24 000	13 000	9 000	26 000
Unpaid Taxes	52 000	70 000	114 000	47 000
Dividends	0	0	0	0
Other Current Debt	62 000	111 000	50 000	78 000
Total Current Debt	607 000	205 000	429 000	297 000
Total Equity and Debt	4 652 000	2 598 000	2 764 000	1 752 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,07 %	2,65 %	38,35 %	31,11 %
Debt-to-Equity Ratio	0	0,01	0,01	0,02
Operating Profit Margin	67,27 %	2,72 %	34,19 %	31,09 %
Current Ratio	2,89	2,71	2,02	1,96
Quick Ratio	2,89	2,71	2,02	1,96
Equity Ratio	0,87	0,91	0,84	0,81
Gross Profit Margin	100 %	100 %	64,34 %	73,11 %