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VALNES AS'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%

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