VVT SERVICE AS

5360 KOLLTVEIT

Finances

Share Ownership

Return on Equity

10,94 %

Current Ratio

2,28

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 508 000	4 077 000	3 357 000	2 872 000
Net Income	98 000	146 000	177 000	47 000
Total Assets	1 547 000	1 352 000	1 160 000	1 224 000
Total Equity	896 000	798 000	652 000	819 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 508 000	4 077 000	3 357 000	2 872 000
Expenditure	4 388 000	3 905 000	3 141 000	2 820 000
Operating Profit	120 000	172 000	216 000	51 000
Financial Income	5 000	9 000	11 000	11 000
Financial Costs	0	0	0	0
Financial Balance	5 000	9 000	11 000	11 000
Earnings Before Tax	125 000	181 000	228 000	63 000
Tax	28 000	35 000	51 000	15 000
Net Income	98 000	146 000	177 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	114 000	157 000	14 000	27 000
Total Current Assets	1 433 000	1 194 000	1 146 000	1 197 000
Total Assets	1 547 000	1 352 000	1 160 000	1 224 000
Total Retained Equity	762 000	665 000	519 000	686 000
Total Equity	896 000	798 000	652 000	819 000
Total Long-Term Debt	22 000	29 000	0	0
Total Current Debt	629 000	525 000	508 000	405 000
Total Equity and Debt	1 547 000	1 352 000	1 160 000	1 224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 508 000	3 886 000	3 357 000	2 872 000
Other Income	0	190 000	0	0
Revenue	4 508 000	4 077 000	3 357 000	2 872 000
Cost of Goods Sold	1 730 000	1 412 000	1 102 000	818 000
Salary Costs	1 706 000	1 542 000	1 348 000	1 357 000
Depreciation	0	5 000	13 000	16 000
Impairment	0	0	0	0
Expenditure	4 388 000	3 905 000	3 141 000	2 820 000
Operating Profit	120 000	172 000	216 000	51 000
Financial Income	5 000	9 000	11 000	11 000
Financial Costs	0	0	0	0
Financial Balance	5 000	9 000	11 000	11 000
Dividends	0	0	344 000	0
Net Income	98 000	146 000	177 000	47 000

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	0	0	0	0
Fixtures	0	0	14 000	27 000
Total Tangible Assets	0	0	14 000	27 000
Total Fiancial Fixed Assets	114 000	157 000	0	0
Total Fixed Assets	114 000	157 000	14 000	27 000
Stock	502 000	395 000	374 000	379 000
Total Investments	0	0	0	0
Cash, Bank	625 000	478 000	606 000	616 000
Total Current Assets	1 433 000	1 194 000	1 146 000	1 197 000
Total Assets	1 547 000	1 352 000	1 160 000	1 224 000
Total Equity	896 000	798 000	652 000	819 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 000	29 000	0	0
Creditors	210 000	173 000	141 000	57 000
Unpaid Taxes	231 000	209 000	185 000	203 000
Dividends	0	0	344 000	0
Other Current Debt	153 000	137 000	131 000	130 000
Total Current Debt	629 000	525 000	508 000	405 000
Total Equity and Debt	1 547 000	1 352 000	1 160 000	1 224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,94 %	18,3 %	27,15 %	5,74 %
Debt-to-Equity Ratio	0,02	0,04	0	0
Operating Profit Margin	2,66 %	4,22 %	6,43 %	1,78 %
Current Ratio	2,28	2,27	2,26	2,96
Quick Ratio	11,28	9,18	8,55	46,04
Equity Ratio	0,58	0,59	0,56	0,67
Gross Profit Margin	61,62 %	65,37 %	67,17 %	71,52 %