VVS MESTER AS

2170 FENSTAD

Finances

Return on Equity

68,41 %

Current Ratio

3,4

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 503 000	3 469 000	3 628 000	2 336 000
Net Income	1 425 000	529 000	403 000	−192 000
Total Assets	3 251 000	2 008 000	1 066 000	1 139 000
Total Equity	2 083 000	658 000	229 000	25 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 503 000	3 469 000	3 628 000	2 336 000
Expenditure	5 636 000	2 752 000	3 136 000	2 492 000
Operating Profit	1 868 000	717 000	492 000	−157 000
Financial Income	2 000	0	0	0
Financial Costs	55 000	34 000	30 000	35 000
Financial Balance	−53 000	−34 000	−30 000	−35 000
Earnings Before Tax	1 815 000	683 000	462 000	−192 000
Tax	391 000	155 000	58 000	0
Net Income	1 425 000	529 000	403 000	−192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	424 000	137 000	224 000	580 000
Total Current Assets	2 827 000	1 871 000	843 000	559 000
Total Assets	3 251 000	2 008 000	1 066 000	1 139 000
Total Retained Equity	2 023 000	598 000	170 000	−34 000
Total Equity	2 083 000	658 000	229 000	25 000
Total Long-Term Debt	336 000	24 000	65 000	136 000
Total Current Debt	832 000	1 326 000	773 000	978 000
Total Equity and Debt	3 251 000	2 008 000	1 066 000	1 139 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 503 000	3 455 000	3 628 000	2 336 000
Other Income	0	14 000	0	0
Revenue	7 503 000	3 469 000	3 628 000	2 336 000
Cost of Goods Sold	3 240 000	1 206 000	1 482 000	871 000
Salary Costs	1 247 000	800 000	681 000	767 000
Depreciation	57 000	61 000	68 000	98 000
Impairment	0	0	0	0
Expenditure	5 636 000	2 752 000	3 136 000	2 492 000
Operating Profit	1 868 000	717 000	492 000	−157 000
Financial Income	2 000	0	0	0
Financial Costs	55 000	34 000	30 000	35 000
Financial Balance	−53 000	−34 000	−30 000	−35 000
Dividends	0	100 000	200 000	200 000
Net Income	1 425 000	529 000	403 000	−192 000

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	388 000	106 000	167 000	258 000
Total Tangible Assets	388 000	106 000	167 000	258 000
Total Fiancial Fixed Assets	36 000	31 000	56 000	322 000
Total Fixed Assets	424 000	137 000	224 000	580 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 890 000	341 000	386 000	186 000
Total Current Assets	2 827 000	1 871 000	843 000	559 000
Total Assets	3 251 000	2 008 000	1 066 000	1 139 000
Total Equity	2 083 000	658 000	229 000	25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	336 000	24 000	65 000	136 000
Creditors	−390 000	837 000	370 000	478 000
Unpaid Taxes	693 000	251 000	279 000	392 000
Dividends	0	100 000	200 000	200 000
Other Current Debt	139 000	83 000	65 000	108 000
Total Current Debt	832 000	1 326 000	773 000	978 000
Total Equity and Debt	3 251 000	2 008 000	1 066 000	1 139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,41 %	80,4 %	175,98 %	−768 %
Debt-to-Equity Ratio	0,16	0,04	0,28	5,44
Operating Profit Margin	24,9 %	20,67 %	13,56 %	−6,72 %
Current Ratio	3,4	1,41	1,09	0,57
Quick Ratio	3,4	1,41	1,09	0,57
Equity Ratio	0,64	0,33	0,21	0,02
Gross Profit Margin	56,82 %	65,23 %	59,15 %	62,71 %