STORAAS VVS AS

1356 BEKKESTUA

Finances

Return on Equity

74,2 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 700 000	18 449 000	15 522 000	14 188 000
Net Income	1 668 000	1 742 000	1 300 000	1 240 000
Total Assets	7 070 000	6 650 000	5 574 000	4 413 000
Total Equity	2 248 000	1 581 000	1 419 000	1 220 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 700 000	18 449 000	15 522 000	14 188 000
Expenditure	16 578 000	16 224 000	13 854 000	12 600 000
Operating Profit	2 122 000	2 226 000	1 668 000	1 588 000
Financial Income	15 000	7 000	8 000	9 000
Financial Costs	0	0	4 000	10 000
Financial Balance	15 000	7 000	4 000	−1 000
Earnings Before Tax	2 136 000	2 233 000	1 672 000	1 588 000
Tax	469 000	491 000	373 000	348 000
Net Income	1 668 000	1 742 000	1 300 000	1 240 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	491 000	332 000	440 000	187 000
Total Current Assets	6 579 000	6 318 000	5 134 000	4 226 000
Total Assets	7 070 000	6 650 000	5 574 000	4 413 000
Total Retained Equity	2 218 000	1 551 000	1 389 000	1 190 000
Total Equity	2 248 000	1 581 000	1 419 000	1 220 000
Total Long-Term Debt	0	90 000	0	0
Total Current Debt	4 822 000	4 979 000	4 155 000	3 194 000
Total Equity and Debt	7 070 000	6 650 000	5 574 000	4 413 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 642 000	18 449 000	15 522 000	14 188 000
Other Income	58 000	0	0	0
Revenue	18 700 000	18 449 000	15 522 000	14 188 000
Cost of Goods Sold	8 084 000	8 138 000	7 008 000	6 157 000
Salary Costs	6 685 000	6 246 000	5 270 000	4 582 000
Depreciation	113 000	97 000	62 000	35 000
Impairment	0	0	0	0
Expenditure	16 578 000	16 224 000	13 854 000	12 600 000
Operating Profit	2 122 000	2 226 000	1 668 000	1 588 000
Financial Income	15 000	7 000	8 000	9 000
Financial Costs	0	0	4 000	10 000
Financial Balance	15 000	7 000	4 000	−1 000
Dividends	1 000 000	381 000	1 100 000	1 100 000
Net Income	1 668 000	1 742 000	1 300 000	1 240 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 000	0	12 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	32 000	67 000
Fixtures	359 000	232 000	297 000	0
Total Tangible Assets	359 000	232 000	328 000	67 000
Total Fiancial Fixed Assets	100 000	100 000	100 000	100 000
Total Fixed Assets	491 000	332 000	440 000	187 000
Stock	50 000	50 000	0	0
Total Investments	0	0	0	0
Cash, Bank	3 546 000	3 389 000	2 945 000	1 725 000
Total Current Assets	6 579 000	6 318 000	5 134 000	4 226 000
Total Assets	7 070 000	6 650 000	5 574 000	4 413 000
Total Equity	2 248 000	1 581 000	1 419 000	1 220 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	90 000	0	0
Creditors	1 684 000	1 594 000	1 397 000	586 000
Unpaid Taxes	858 000	757 000	736 000	664 000
Dividends	1 000 000	381 000	1 100 000	1 100 000
Other Current Debt	689 000	659 000	558 000	497 000
Total Current Debt	4 822 000	4 979 000	4 155 000	3 194 000
Total Equity and Debt	7 070 000	6 650 000	5 574 000	4 413 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,2 %	110,18 %	91,61 %	101,64 %
Debt-to-Equity Ratio	0	0,06	0	0
Operating Profit Margin	11,35 %	12,07 %	10,75 %	11,19 %
Current Ratio	1,36	1,27	1,24	1,32
Quick Ratio	1,38	1,28	1,24	1,32
Equity Ratio	0,32	0,24	0,25	0,28
Gross Profit Margin	56,77 %	55,89 %	54,85 %	56,6 %