VVM VINDAFJORD VASKE OG MALETJENESTER AS

5576 ØVRE VATS

Finances

Share Ownership

Return on Equity

29,12 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 736 000	4 503 000	1 825 000	3 417 000
Net Income	272 000	607 000	−30 000	−36 000
Total Assets	1 605 000	1 297 000	472 000	745 000
Total Equity	934 000	962 000	355 000	386 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 736 000	4 503 000	1 825 000	3 417 000
Expenditure	6 379 000	3 725 000	1 844 000	3 439 000
Operating Profit	357 000	778 000	−18 000	−21 000
Financial Income	0	0	2 000	0
Financial Costs	0	4 000	14 000	17 000
Financial Balance	0	−4 000	−12 000	−17 000
Earnings Before Tax	357 000	774 000	−30 000	−38 000
Tax	85 000	167 000	0	−2 000
Net Income	272 000	607 000	−30 000	−36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	373 000	363 000	413 000	561 000
Total Current Assets	1 232 000	935 000	59 000	185 000
Total Assets	1 605 000	1 297 000	472 000	745 000
Total Retained Equity	914 000	942 000	335 000	365 000
Total Equity	934 000	962 000	355 000	386 000
Total Long-Term Debt	0	0	69 000	280 000
Total Current Debt	671 000	335 000	47 000	79 000
Total Equity and Debt	1 605 000	1 297 000	472 000	745 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 736 000	4 503 000	1 825 000	3 417 000
Other Income	0	0	0	0
Revenue	6 736 000	4 503 000	1 825 000	3 417 000
Cost of Goods Sold	5 219 000	2 419 000	1 294 000	2 828 000
Salary Costs	31 000	378 000	31 000	4 000
Depreciation	136 000	122 000	122 000	124 000
Impairment	0	0	0	0
Expenditure	6 379 000	3 725 000	1 844 000	3 439 000
Operating Profit	357 000	778 000	−18 000	−21 000
Financial Income	0	0	2 000	0
Financial Costs	0	4 000	14 000	17 000
Financial Balance	0	−4 000	−12 000	−17 000
Dividends	0	0	0	0
Net Income	272 000	607 000	−30 000	−36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	243 000	264 000	301 000	376 000
Fixtures	130 000	99 000	112 000	185 000
Total Tangible Assets	373 000	363 000	413 000	561 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	373 000	363 000	413 000	561 000
Stock	40 000	40 000	10 000	20 000
Total Investments	0	0	0	0
Cash, Bank	666 000	589 000	24 000	56 000
Total Current Assets	1 232 000	935 000	59 000	185 000
Total Assets	1 605 000	1 297 000	472 000	745 000
Total Equity	934 000	962 000	355 000	386 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	69 000	280 000
Creditors	392 000	397 000	38 000	78 000
Unpaid Taxes	152 000	29 000	0	0
Dividends	0	0	0	0
Other Current Debt	42 000	42 000	9 000	1 000
Total Current Debt	671 000	335 000	47 000	79 000
Total Equity and Debt	1 605 000	1 297 000	472 000	745 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,12 %	63,1 %	−8,45 %	−9,33 %
Debt-to-Equity Ratio	0	0	0,19	0,73
Operating Profit Margin	5,3 %	17,28 %	−0,99 %	−0,61 %
Current Ratio	1,84	2,79	1,26	2,34
Quick Ratio	1,95	3,17	1,59	3,14
Equity Ratio	0,58	0,74	0,75	0,52
Gross Profit Margin	22,52 %	46,28 %	29,1 %	17,24 %