Already 4,410 people have seen this company's branding and they are being followed by 41 Storybook user.In average the company has been rated 4.8 points but has not been commented.

's activity report 2022

AS Valnes' activities include the production, assembly, project sales, design, installation and maintenance of security locks, lock goods and access solutions.

The company has been operating since 1993.

AS Valnes' long-term strategy focuses on the assembly of lock goods and product development. In 2022, AS Valnes continued with the same strategy.

In 2023, AS Valnes will continue to invest in the development of innovative products and plans to increase exports to European Union countries.

Main financial ratios: 2022 2021

Sales revenue increase 18.8% 1.6%

Equity increase 13.4% -2.7%

Liquidity ratios

Short-term debt coverage ratio (current 2.93 3.14 ratio) current assets/ short-term liabilities

Liquidity ratio (cash ratio) 0.04 0.00 cash/ short-term liabilities

Profitability ratios

Net profit margin (net profit margin) net profit / sales revenue 6.8% 3.8%

Return on equity (ROE) net profit / total equity 16.6% 8.9%

Capital structure ratios (leverage ratios)

Debt ratio 31.1% 30.0% total liabilities / total liabilities

Debt-to-equity ratio 45.1% 42.9% total liabilities / equity