HOLTER VVS AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

10,84 %

Current Ratio

2,98

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 604 000	10 196 000	9 424 000	7 457 000
Net Income	370 000	1 143 000	1 216 000	1 374 000
Total Assets	5 436 000	5 594 000	4 465 000	3 685 000
Total Equity	3 413 000	3 042 000	2 250 000	1 533 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 604 000	10 196 000	9 424 000	7 457 000
Expenditure	9 108 000	8 714 000	7 860 000	5 731 000
Operating Profit	496 000	1 482 000	1 565 000	1 726 000
Financial Income	13 000	7 000	7 000	2 000
Financial Costs	35 000	15 000	19 000	14 000
Financial Balance	−22 000	−8 000	−12 000	−12 000
Earnings Before Tax	475 000	1 474 000	1 553 000	1 714 000
Tax	104 000	331 000	337 000	340 000
Net Income	370 000	1 143 000	1 216 000	1 374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 234 000	382 000	404 000	252 000
Total Current Assets	4 201 000	5 212 000	4 061 000	3 432 000
Total Assets	5 436 000	5 594 000	4 465 000	3 685 000
Total Retained Equity	3 363 000	2 992 000	2 200 000	1 483 000
Total Equity	3 413 000	3 042 000	2 250 000	1 533 000
Total Long-Term Debt	615 000	282 000	365 000	223 000
Total Current Debt	1 408 000	2 270 000	1 850 000	1 929 000
Total Equity and Debt	5 436 000	5 594 000	4 465 000	3 685 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 581 000	10 141 000	9 414 000	7 457 000
Other Income	23 000	55 000	10 000	0
Revenue	9 604 000	10 196 000	9 424 000	7 457 000
Cost of Goods Sold	3 774 000	3 696 000	3 513 000	2 605 000
Salary Costs	3 953 000	3 947 000	3 233 000	2 244 000
Depreciation	242 000	102 000	89 000	61 000
Impairment	0	0	0	0
Expenditure	9 108 000	8 714 000	7 860 000	5 731 000
Operating Profit	496 000	1 482 000	1 565 000	1 726 000
Financial Income	13 000	7 000	7 000	2 000
Financial Costs	35 000	15 000	19 000	14 000
Financial Balance	−22 000	−8 000	−12 000	−12 000
Dividends	0	350 000	0	0
Net Income	370 000	1 143 000	1 216 000	1 374 000

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	1 234 000	382 000	404 000	252 000
Total Tangible Assets	1 234 000	382 000	404 000	252 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 234 000	382 000	404 000	252 000
Stock	20 000	20 000	20 000	15 000
Total Investments	0	0	0	0
Cash, Bank	3 018 000	3 727 000	3 229 000	1 881 000
Total Current Assets	4 201 000	5 212 000	4 061 000	3 432 000
Total Assets	5 436 000	5 594 000	4 465 000	3 685 000
Total Equity	3 413 000	3 042 000	2 250 000	1 533 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	615 000	282 000	365 000	223 000
Creditors	542 000	491 000	222 000	360 000
Unpaid Taxes	481 000	745 000	500 000	627 000
Dividends	0	350 000	0	0
Other Current Debt	303 000	353 000	290 000	202 000
Total Current Debt	1 408 000	2 270 000	1 850 000	1 929 000
Total Equity and Debt	5 436 000	5 594 000	4 465 000	3 685 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,84 %	37,57 %	54,04 %	89,63 %
Debt-to-Equity Ratio	0,18	0,09	0,16	0,15
Operating Profit Margin	5,16 %	14,54 %	16,61 %	23,15 %
Current Ratio	2,98	2,3	2,2	1,78
Quick Ratio	3,03	2,32	2,22	1,79
Equity Ratio	0,63	0,54	0,5	0,42
Gross Profit Margin	60,7 %	63,75 %	62,72 %	65,07 %