VALAHAUG AS

4013 STAVANGER

Finances

Share Ownership

Return on Equity

33,3 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 705 000	26 733 000	13 211 000	72 904 000
Net Income	768 000	970 000	157 000	7 777 000
Total Assets	14 923 000	35 588 000	62 104 000	119 311 000
Total Equity	2 306 000	2 138 000	1 500 000	1 500 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 705 000	26 733 000	13 211 000	72 904 000
Expenditure	16 280 000	24 933 000	11 559 000	61 938 000
Operating Profit	1 426 000	1 799 000	1 652 000	10 966 000
Financial Income	33 000	48 000	92 000	507 000
Financial Costs	474 000	604 000	1 541 000	1 503 000
Financial Balance	−441 000	−556 000	−1 449 000	−996 000
Earnings Before Tax	985 000	1 243 000	203 000	9 970 000
Tax	217 000	274 000	46 000	2 193 000
Net Income	768 000	970 000	157 000	7 777 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	787 000	1 244 000	121 000	206 000
Total Current Assets	14 136 000	34 344 000	61 984 000	119 105 000
Total Assets	14 923 000	35 588 000	62 104 000	119 311 000
Total Retained Equity	169 000	0	0	0
Total Equity	2 306 000	2 138 000	1 500 000	1 500 000
Total Long-Term Debt	0	500 000	228 000	281 000
Total Current Debt	12 616 000	32 951 000	60 377 000	117 530 000
Total Equity and Debt	14 923 000	35 588 000	62 104 000	119 311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 331 000	25 963 000	12 238 000	72 185 000
Other Income	374 000	770 000	973 000	719 000
Revenue	17 705 000	26 733 000	13 211 000	72 904 000
Cost of Goods Sold	15 415 000	23 340 000	9 637 000	56 902 000
Salary Costs	0	0	0	0
Depreciation	36 000	85 000	85 000	85 000
Impairment	0	0	0	0
Expenditure	16 280 000	24 933 000	11 559 000	61 938 000
Operating Profit	1 426 000	1 799 000	1 652 000	10 966 000
Financial Income	33 000	48 000	92 000	507 000
Financial Costs	474 000	604 000	1 541 000	1 503 000
Financial Balance	−441 000	−556 000	−1 449 000	−996 000
Dividends	30 000	0	0	832 000
Net Income	768 000	970 000	157 000	7 777 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	68 000	124 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	36 000	121 000	206 000
Total Tangible Assets	0	36 000	121 000	206 000
Total Fiancial Fixed Assets	719 000	1 085 000	0	0
Total Fixed Assets	787 000	1 244 000	121 000	206 000
Stock	9 969 000	23 761 000	42 666 000	50 536 000
Total Investments	0	0	0	0
Cash, Bank	418 000	6 344 000	19 007 000	35 989 000
Total Current Assets	14 136 000	34 344 000	61 984 000	119 105 000
Total Assets	14 923 000	35 588 000	62 104 000	119 311 000
Total Equity	2 306 000	2 138 000	1 500 000	1 500 000
Short-Term Group Debt	1 245 000	6 571 000	14 701 000	46 314 000
Total Long-Term Debt	0	500 000	228 000	281 000
Creditors	414 000	745 000	556 000	1 405 000
Unpaid Taxes	0	0	0	0
Dividends	30 000	0	0	832 000
Other Current Debt	10 928 000	25 635 000	45 120 000	68 169 000
Total Current Debt	12 616 000	32 951 000	60 377 000	117 530 000
Total Equity and Debt	14 923 000	35 588 000	62 104 000	119 311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,3 %	45,37 %	10,47 %	518,47 %
Debt-to-Equity Ratio	0	0,23	0,15	0,19
Operating Profit Margin	8,05 %	6,73 %	12,5 %	15,04 %
Current Ratio	1,12	1,04	1,03	1,01
Quick Ratio	5,34	3,74	3,5	1,78
Equity Ratio	0,15	0,06	0,02	0,01
Gross Profit Margin	12,93 %	12,69 %	27,05 %	21,95 %