BAKKEN VVS AS

7200 KYRKSÆTERØRA

Finances

Share Ownership

Return on Equity

11,99 %

Current Ratio

3,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 760 000	12 542 000	10 037 000	13 562 000
Net Income	725 000	749 000	−307 000	161 000
Total Assets	8 085 000	7 422 000	6 278 000	7 203 000
Total Equity	6 049 000	5 674 000	4 925 000	5 232 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 760 000	12 542 000	10 037 000	13 562 000
Expenditure	12 854 000	11 584 000	10 443 000	13 350 000
Operating Profit	906 000	958 000	−406 000	213 000
Financial Income	24 000	2 000	19 000	8 000
Financial Costs	1 000	0	5 000	14 000
Financial Balance	23 000	2 000	14 000	−6 000
Earnings Before Tax	930 000	961 000	−392 000	206 000
Tax	205 000	211 000	−85 000	45 000
Net Income	725 000	749 000	−307 000	161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 366 000	1 461 000	1 608 000	1 772 000
Total Current Assets	6 719 000	5 961 000	4 670 000	5 431 000
Total Assets	8 085 000	7 422 000	6 278 000	7 203 000
Total Retained Equity	5 699 000	5 324 000	4 575 000	4 882 000
Total Equity	6 049 000	5 674 000	4 925 000	5 232 000
Total Long-Term Debt	0	0	0	156 000
Total Current Debt	2 036 000	1 749 000	1 354 000	1 815 000
Total Equity and Debt	8 085 000	7 422 000	6 278 000	7 203 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 760 000	12 477 000	9 983 000	13 532 000
Other Income	0	65 000	55 000	30 000
Revenue	13 760 000	12 542 000	10 037 000	13 562 000
Cost of Goods Sold	5 688 000	5 335 000	3 945 000	5 812 000
Salary Costs	4 925 000	4 552 000	4 663 000	5 555 000
Depreciation	113 000	140 000	209 000	221 000
Impairment	0	0	0	0
Expenditure	12 854 000	11 584 000	10 443 000	13 350 000
Operating Profit	906 000	958 000	−406 000	213 000
Financial Income	24 000	2 000	19 000	8 000
Financial Costs	1 000	0	5 000	14 000
Financial Balance	23 000	2 000	14 000	−6 000
Dividends	0	0	0	0
Net Income	725 000	749 000	−307 000	161 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	70 000	52 000	60 000	40 000
Real Eastate	1 279 000	1 375 000	1 471 000	1 567 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	35 000	78 000	166 000
Total Tangible Assets	1 297 000	1 409 000	1 549 000	1 732 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 366 000	1 461 000	1 608 000	1 772 000
Stock	2 812 000	2 550 000	2 524 000	2 278 000
Total Investments	0	0	0	0
Cash, Bank	1 664 000	2 173 000	1 131 000	1 898 000
Total Current Assets	6 719 000	5 961 000	4 670 000	5 431 000
Total Assets	8 085 000	7 422 000	6 278 000	7 203 000
Total Equity	6 049 000	5 674 000	4 925 000	5 232 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	156 000
Creditors	663 000	352 000	264 000	492 000
Unpaid Taxes	568 000	679 000	474 000	678 000
Dividends	0	0	0	0
Other Current Debt	583 000	514 000	615 000	596 000
Total Current Debt	2 036 000	1 749 000	1 354 000	1 815 000
Total Equity and Debt	8 085 000	7 422 000	6 278 000	7 203 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,99 %	13,2 %	−6,23 %	3,08 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	6,58 %	7,64 %	−4,05 %	1,57 %
Current Ratio	3,3	3,41	3,45	2,99
Quick Ratio	−8,66	−7,44	−3,99	−11,73
Equity Ratio	0,75	0,76	0,78	0,73
Gross Profit Margin	58,66 %	57,46 %	60,7 %	57,14 %