SANDNES VVS AS

4318 SANDNES

Finances

Share Ownership

Return on Equity

41,46 %

Current Ratio

0,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 813 000	3 058 000	3 292 000	3 847 000
Net Income	51 000	−4 000	−137 000	−241 000
Total Assets	840 000	820 000	1 161 000	1 069 000
Total Equity	123 000	247 000	350 000	487 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 813 000	3 058 000	3 292 000	3 847 000
Expenditure	3 760 000	3 060 000	3 427 000	4 085 000
Operating Profit	54 000	−1 000	−136 000	−238 000
Financial Income	0	0	0	0
Financial Costs	3 000	2 000	1 000	4 000
Financial Balance	−3 000	−2 000	−1 000	−4 000
Earnings Before Tax	51 000	−4 000	−137 000	−241 000
Tax	0	0	0	0
Net Income	51 000	−4 000	−137 000	−241 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	143 000	205 000	229 000	290 000
Total Current Assets	697 000	616 000	932 000	779 000
Total Assets	840 000	820 000	1 161 000	1 069 000
Total Retained Equity	103 000	227 000	330 000	467 000
Total Equity	123 000	247 000	350 000	487 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	717 000	574 000	811 000	582 000
Total Equity and Debt	840 000	820 000	1 161 000	1 069 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 813 000	3 058 000	3 442 000	3 967 000
Other Income	0	0	−150 000	−120 000
Revenue	3 813 000	3 058 000	3 292 000	3 847 000
Cost of Goods Sold	1 238 000	1 111 000	1 080 000	1 355 000
Salary Costs	1 895 000	1 471 000	1 614 000	1 832 000
Depreciation	5 000	5 000	130 000	167 000
Impairment	0	0	0	0
Expenditure	3 760 000	3 060 000	3 427 000	4 085 000
Operating Profit	54 000	−1 000	−136 000	−238 000
Financial Income	0	0	0	0
Financial Costs	3 000	2 000	1 000	4 000
Financial Balance	−3 000	−2 000	−1 000	−4 000
Dividends	125 000	100 000	0	0
Net Income	51 000	−4 000	−137 000	−241 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	125 000
Total Intangible Assets	0	0	0	125 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	5 000	10 000	15 000
Total Tangible Assets	0	5 000	10 000	15 000
Total Fiancial Fixed Assets	143 000	200 000	219 000	149 000
Total Fixed Assets	143 000	205 000	229 000	290 000
Stock	0	86 000	118 000	10 000
Total Investments	0	0	0	0
Cash, Bank	414 000	226 000	179 000	49 000
Total Current Assets	697 000	616 000	932 000	779 000
Total Assets	840 000	820 000	1 161 000	1 069 000
Total Equity	123 000	247 000	350 000	487 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	284 000	83 000	70 000	30 000
Unpaid Taxes	234 000	240 000	389 000	234 000
Dividends	125 000	100 000	0	0
Other Current Debt	199 000	250 000	351 000	318 000
Total Current Debt	717 000	574 000	811 000	582 000
Total Equity and Debt	840 000	820 000	1 161 000	1 069 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,46 %	−1,62 %	−39,14 %	−49,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,42 %	−0,03 %	−4,13 %	−6,19 %
Current Ratio	0,97	1,07	1,15	1,34
Quick Ratio	0,97	1,26	1,34	1,36
Equity Ratio	0,15	0,3	0,3	0,46
Gross Profit Margin	67,53 %	63,67 %	67,19 %	64,78 %