FLOW TRØNDELAG VVS AS

7031 TRONDHEIM

Finances

Share Ownership

Return on Equity

138,01 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	176 091 000	125 208 000	108 090 000	101 919 000
Net Income	12 495 000	−539 000	3 269 000	3 104 000
Total Assets	60 695 000	41 080 000	34 653 000	29 265 000
Total Equity	9 054 000	10 961 000	11 788 000	12 167 000

Income (NOK)	2022	2021	2020	2019
Revenue	176 091 000	125 208 000	108 090 000	101 919 000
Expenditure	158 673 000	125 771 000	103 645 000	99 577 000
Operating Profit	17 417 000	−563 000	4 446 000	2 342 000
Financial Income	264 000	75 000	55 000	1 447 000
Financial Costs	304 000	186 000	302 000	200 000
Financial Balance	−40 000	−111 000	−247 000	1 247 000
Earnings Before Tax	17 377 000	−674 000	4 200 000	3 589 000
Tax	4 883 000	−135 000	930 000	485 000
Net Income	12 495 000	−539 000	3 269 000	3 104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 518 000	5 023 000	5 742 000	8 604 000
Total Current Assets	57 177 000	36 058 000	28 911 000	20 661 000
Total Assets	60 695 000	41 080 000	34 653 000	29 265 000
Total Retained Equity	0	−3 913 000	−3 086 000	−2 708 000
Total Equity	9 054 000	10 961 000	11 788 000	12 167 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	51 641 000	30 119 000	22 864 000	17 098 000
Total Equity and Debt	60 695 000	41 080 000	34 653 000	29 265 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	176 091 000	125 113 000	108 090 000	101 919 000
Other Income	0	95 000	0	0
Revenue	176 091 000	125 208 000	108 090 000	101 919 000
Cost of Goods Sold	99 748 000	71 329 000	57 955 000	57 427 000
Salary Costs	46 132 000	41 727 000	35 493 000	31 852 000
Depreciation	867 000	1 329 000	1 302 000	1 320 000
Impairment	0	0	0	0
Expenditure	158 673 000	125 771 000	103 645 000	99 577 000
Operating Profit	17 417 000	−563 000	4 446 000	2 342 000
Financial Income	264 000	75 000	55 000	1 447 000
Financial Costs	304 000	186 000	302 000	200 000
Financial Balance	−40 000	−111 000	−247 000	1 247 000
Dividends	0	0	0	0
Net Income	12 495 000	−539 000	3 269 000	3 104 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	2 859 000	3 605 000	4 351 000	5 096 000
Total Intangible Assets	2 961 000	4 528 000	5 057 000	5 704 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	557 000	480 000	605 000	1 161 000
Total Tangible Assets	557 000	480 000	605 000	1 161 000
Total Fiancial Fixed Assets	0	14 000	80 000	1 739 000
Total Fixed Assets	3 518 000	5 023 000	5 742 000	8 604 000
Stock	2 136 000	1 698 000	1 698 000	2 085 000
Total Investments	0	0	0	0
Cash, Bank	5 363 000	1 571 000	9 456 000	3 287 000
Total Current Assets	57 177 000	36 058 000	28 911 000	20 661 000
Total Assets	60 695 000	41 080 000	34 653 000	29 265 000
Total Equity	9 054 000	10 961 000	11 788 000	12 167 000
Short-Term Group Debt	24 687 000	6 223 000	6 203 000	4 693 000
Total Long-Term Debt	0	0	0	0
Creditors	14 250 000	14 908 000	8 520 000	5 585 000
Unpaid Taxes	6 368 000	5 225 000	4 575 000	3 676 000
Dividends	0	0	0	0
Other Current Debt	6 335 000	3 764 000	3 566 000	3 145 000
Total Current Debt	51 641 000	30 119 000	22 864 000	17 098 000
Total Equity and Debt	60 695 000	41 080 000	34 653 000	29 265 000

Financial indicators	2022	2021	2020	2019
Return on Equity	138,01 %	−4,92 %	27,73 %	25,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,89 %	−0,45 %	4,11 %	2,3 %
Current Ratio	1,11	1,2	1,26	1,21
Quick Ratio	1,15	1,27	1,37	1,38
Equity Ratio	0,15	0,27	0,34	0,42
Gross Profit Margin	43,35 %	43,03 %	46,38 %	43,65 %