HORTEN VVS AS

3183 HORTEN

Finances

Share Ownership

Return on Equity

39,08 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 073 000	5 641 000	5 153 000	5 149 000
Net Income	696 000	706 000	621 000	300 000
Total Assets	3 451 000	3 034 000	2 861 000	2 312 000
Total Equity	1 781 000	1 642 000	1 436 000	1 315 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 073 000	5 641 000	5 153 000	5 149 000
Expenditure	6 173 000	4 723 000	4 349 000	4 748 000
Operating Profit	901 000	918 000	805 000	400 000
Financial Income	0	0	1 000	1 000
Financial Costs	3 000	7 000	9 000	13 000
Financial Balance	−3 000	−7 000	−8 000	−12 000
Earnings Before Tax	897 000	910 000	797 000	387 000
Tax	201 000	205 000	176 000	87 000
Net Income	696 000	706 000	621 000	300 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	496 000	120 000	194 000	257 000
Total Current Assets	2 955 000	2 914 000	2 667 000	2 055 000
Total Assets	3 451 000	3 034 000	2 861 000	2 312 000
Total Retained Equity	1 581 000	1 442 000	1 236 000	1 115 000
Total Equity	1 781 000	1 642 000	1 436 000	1 315 000
Total Long-Term Debt	26 000	103 000	186 000	256 000
Total Current Debt	1 644 000	1 289 000	1 240 000	740 000
Total Equity and Debt	3 451 000	3 034 000	2 861 000	2 312 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 073 000	5 641 000	5 153 000	5 149 000
Other Income	0	0	0	0
Revenue	7 073 000	5 641 000	5 153 000	5 149 000
Cost of Goods Sold	3 602 000	2 816 000	2 561 000	2 914 000
Salary Costs	1 715 000	1 269 000	1 246 000	1 247 000
Depreciation	191 000	79 000	78 000	74 000
Impairment	0	0	0	0
Expenditure	6 173 000	4 723 000	4 349 000	4 748 000
Operating Profit	901 000	918 000	805 000	400 000
Financial Income	0	0	1 000	1 000
Financial Costs	3 000	7 000	9 000	13 000
Financial Balance	−3 000	−7 000	−8 000	−12 000
Dividends	500 000	500 000	500 000	100 000
Net Income	696 000	706 000	621 000	300 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	5 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	487 000	115 000	194 000	257 000
Total Tangible Assets	487 000	115 000	194 000	257 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	496 000	120 000	194 000	257 000
Stock	407 000	328 000	279 000	266 000
Total Investments	0	0	0	0
Cash, Bank	2 168 000	1 873 000	1 968 000	1 302 000
Total Current Assets	2 955 000	2 914 000	2 667 000	2 055 000
Total Assets	3 451 000	3 034 000	2 861 000	2 312 000
Total Equity	1 781 000	1 642 000	1 436 000	1 315 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 000	103 000	186 000	256 000
Creditors	466 000	230 000	246 000	164 000
Unpaid Taxes	330 000	234 000	200 000	275 000
Dividends	500 000	500 000	500 000	100 000
Other Current Debt	142 000	112 000	112 000	112 000
Total Current Debt	1 644 000	1 289 000	1 240 000	740 000
Total Equity and Debt	3 451 000	3 034 000	2 861 000	2 312 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,08 %	43 %	43,25 %	22,81 %
Debt-to-Equity Ratio	0,01	0,06	0,13	0,19
Operating Profit Margin	12,74 %	16,27 %	15,62 %	7,77 %
Current Ratio	1,8	2,26	2,15	2,78
Quick Ratio	2,39	3,03	2,78	4,34
Equity Ratio	0,52	0,54	0,5	0,57
Gross Profit Margin	49,07 %	50,08 %	50,3 %	43,41 %