VALDRES FLIS OG LANDSKAPSPLEIE AS

2890 ETNEDAL

Finances

Share Ownership

Return on Equity

54,7 %

Current Ratio

Debt-to-Equity Ratio

8,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 959 000	1 175 000	803 000	581 000
Net Income	157 000	79 000	−77 000	27 000
Total Assets	3 484 000	2 162 000	2 220 000	2 419 000
Total Equity	287 000	130 000	51 000	129 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 959 000	1 175 000	803 000	581 000
Expenditure	1 463 000	1 069 000	857 000	527 000
Operating Profit	496 000	105 000	−53 000	53 000
Financial Income	0	0	0	2 000
Financial Costs	32 000	22 000	28 000	23 000
Financial Balance	−32 000	−22 000	−28 000	−21 000
Earnings Before Tax	464 000	83 000	−81 000	31 000
Tax	307 000	4 000	−4 000	4 000
Net Income	157 000	79 000	−77 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 866 000	1 544 000	1 748 000	1 951 000
Total Current Assets	618 000	618 000	473 000	468 000
Total Assets	3 484 000	2 162 000	2 220 000	2 419 000
Total Retained Equity	182 000	25 000	−54 000	24 000
Total Equity	287 000	130 000	51 000	129 000
Total Long-Term Debt	2 576 000	1 315 000	1 722 000	2 136 000
Total Current Debt	621 000	717 000	447 000	154 000
Total Equity and Debt	3 484 000	2 162 000	2 220 000	2 419 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 858 000	1 156 000	793 000	570 000
Other Income	101 000	19 000	11 000	11 000
Revenue	1 959 000	1 175 000	803 000	581 000
Cost of Goods Sold	62 000	152 000	147 000	0
Salary Costs	385 000	331 000	237 000	128 000
Depreciation	299 000	203 000	203 000	149 000
Impairment	0	0	0	0
Expenditure	1 463 000	1 069 000	857 000	527 000
Operating Profit	496 000	105 000	−53 000	53 000
Financial Income	0	0	0	2 000
Financial Costs	32 000	22 000	28 000	23 000
Financial Balance	−32 000	−22 000	−28 000	−21 000
Dividends	0	0	0	0
Net Income	157 000	79 000	−77 000	27 000

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	2 866 000	1 544 000	1 748 000	1 951 000
Fixtures	0	0	0	0
Total Tangible Assets	2 866 000	1 544 000	1 748 000	1 951 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 866 000	1 544 000	1 748 000	1 951 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	133 000	109 000	201 000	112 000
Total Current Assets	618 000	618 000	473 000	468 000
Total Assets	3 484 000	2 162 000	2 220 000	2 419 000
Total Equity	287 000	130 000	51 000	129 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 576 000	1 315 000	1 722 000	2 136 000
Creditors	502 000	606 000	109 000	131 000
Unpaid Taxes	23 000	82 000	105 000	12 000
Dividends	0	0	0	0
Other Current Debt	35 000	29 000	233 000	11 000
Total Current Debt	621 000	717 000	447 000	154 000
Total Equity and Debt	3 484 000	2 162 000	2 220 000	2 419 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,7 %	60,77 %	−150,98 %	20,93 %
Debt-to-Equity Ratio	8,98	10,12	33,76	16,56
Operating Profit Margin	25,32 %	8,94 %	−6,6 %	9,12 %
Current Ratio	1	0,86	1,06	3,04
Quick Ratio	1	0,86	1,06	3,04
Equity Ratio	0,08	0,06	0,02	0,05
Gross Profit Margin	96,84 %	87,06 %	81,69 %	100 %