VÅRDAL VVS AS

3174 REVETAL

Finances

Return on Equity

−6,1 %

Current Ratio

0,5

Debt-to-Equity Ratio

1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 091 000	5 278 000	4 948 000	2 491 000
Net Income	−47 000	67 000	679 000	8 000
Total Assets	3 103 000	3 032 000	2 252 000	1 079 000
Total Equity	770 000	817 000	750 000	70 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 091 000	5 278 000	4 948 000	2 491 000
Expenditure	2 090 000	5 134 000	4 046 000	2 445 000
Operating Profit	1 000	143 000	903 000	45 000
Financial Income	1 000	0	1 000	0
Financial Costs	62 000	39 000	16 000	35 000
Financial Balance	−61 000	−39 000	−15 000	−35 000
Earnings Before Tax	−60 000	104 000	888 000	10 000
Tax	−13 000	37 000	209 000	2 000
Net Income	−47 000	67 000	679 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 488 000	2 151 000	1 533 000	717 000
Total Current Assets	615 000	881 000	719 000	362 000
Total Assets	3 103 000	3 032 000	2 252 000	1 079 000
Total Retained Equity	740 000	787 000	720 000	40 000
Total Equity	770 000	817 000	750 000	70 000
Total Long-Term Debt	1 099 000	1 182 000	985 000	640 000
Total Current Debt	1 233 000	1 033 000	518 000	369 000
Total Equity and Debt	3 103 000	3 032 000	2 252 000	1 079 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 091 000	5 278 000	4 935 000	2 474 000
Other Income	0	0	13 000	16 000
Revenue	2 091 000	5 278 000	4 948 000	2 491 000
Cost of Goods Sold	827 000	2 323 000	2 181 000	1 239 000
Salary Costs	679 000	1 862 000	1 105 000	746 000
Depreciation	137 000	132 000	116 000	100 000
Impairment	0	0	0	0
Expenditure	2 090 000	5 134 000	4 046 000	2 445 000
Operating Profit	1 000	143 000	903 000	45 000
Financial Income	1 000	0	1 000	0
Financial Costs	62 000	39 000	16 000	35 000
Financial Balance	−61 000	−39 000	−15 000	−35 000
Dividends	0	0	0	0
Net Income	−47 000	67 000	679 000	8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 631 000	1 576 000	826 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	827 000	545 000	677 000	717 000
Total Tangible Assets	2 458 000	2 121 000	1 503 000	717 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	0
Total Fixed Assets	2 488 000	2 151 000	1 533 000	717 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	270 000	520 000	483 000	256 000
Total Current Assets	615 000	881 000	719 000	362 000
Total Assets	3 103 000	3 032 000	2 252 000	1 079 000
Total Equity	770 000	817 000	750 000	70 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 099 000	1 182 000	985 000	640 000
Creditors	128 000	88 000	160 000	60 000
Unpaid Taxes	80 000	178 000	83 000	107 000
Dividends	0	0	0	0
Other Current Debt	1 025 000	728 000	93 000	202 000
Total Current Debt	1 233 000	1 033 000	518 000	369 000
Total Equity and Debt	3 103 000	3 032 000	2 252 000	1 079 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,1 %	8,2 %	90,53 %	11,43 %
Debt-to-Equity Ratio	1,43	1,45	1,31	9,14
Operating Profit Margin	0,05 %	2,71 %	18,25 %	1,81 %
Current Ratio	0,5	0,85	1,39	0,98
Quick Ratio	0,5	0,85	1,39	0,98
Equity Ratio	0,25	0,27	0,33	0,06
Gross Profit Margin	60,45 %	55,99 %	55,92 %	50,26 %