TECNO VVS AS

5600 NORHEIMSUND

Finances

Return on Equity

48,93 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	117 924 000	77 926 000	66 085 000	82 270 000
Net Income	9 299 000	453 000	1 938 000	242 000
Total Assets	54 274 000	38 685 000	30 776 000	35 960 000
Total Equity	19 004 000	14 201 000	13 748 000	11 810 000

Income (NOK)	2022	2021	2020	2019
Revenue	117 924 000	77 926 000	66 085 000	82 270 000
Expenditure	111 626 000	77 714 000	65 744 000	81 692 000
Operating Profit	6 297 000	213 000	340 000	578 000
Financial Income	4 853 000	529 000	2 317 000	170 000
Financial Costs	476 000	253 000	279 000	436 000
Financial Balance	4 377 000	276 000	2 038 000	−266 000
Earnings Before Tax	10 674 000	489 000	2 379 000	311 000
Tax	1 375 000	35 000	441 000	69 000
Net Income	9 299 000	453 000	1 938 000	242 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 743 000	15 998 000	15 272 000	16 405 000
Total Current Assets	38 532 000	22 687 000	15 504 000	19 555 000
Total Assets	54 274 000	38 685 000	30 776 000	35 960 000
Total Retained Equity	13 497 000	8 695 000	8 241 000	6 304 000
Total Equity	19 004 000	14 201 000	13 748 000	11 810 000
Total Long-Term Debt	8 595 000	4 794 000	4 079 000	4 778 000
Total Current Debt	26 676 000	19 690 000	12 950 000	19 372 000
Total Equity and Debt	54 274 000	38 685 000	30 776 000	35 960 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	117 697 000	77 630 000	64 498 000	80 341 000
Other Income	227 000	296 000	1 587 000	1 929 000
Revenue	117 924 000	77 926 000	66 085 000	82 270 000
Cost of Goods Sold	50 672 000	28 621 000	38 600 000	51 165 000
Salary Costs	46 066 000	37 436 000	20 113 000	22 281 000
Depreciation	3 120 000	2 303 000	1 207 000	1 467 000
Impairment	0	0	0	0
Expenditure	111 626 000	77 714 000	65 744 000	81 692 000
Operating Profit	6 297 000	213 000	340 000	578 000
Financial Income	4 853 000	529 000	2 317 000	170 000
Financial Costs	476 000	253 000	279 000	436 000
Financial Balance	4 377 000	276 000	2 038 000	−266 000
Dividends	0	0	0	0
Net Income	9 299 000	453 000	1 938 000	242 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	2 940 000	3 790 000	0	0
Total Intangible Assets	2 969 000	3 862 000	116 000	140 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	6 497 000	4 095 000	3 006 000	3 971 000
Fixtures	824 000	673 000	302 000	446 000
Total Tangible Assets	7 321 000	4 768 000	3 308 000	4 417 000
Total Fiancial Fixed Assets	5 453 000	7 368 000	11 848 000	11 848 000
Total Fixed Assets	15 743 000	15 998 000	15 272 000	16 405 000
Stock	9 103 000	5 989 000	3 704 000	3 612 000
Total Investments	0	0	0	0
Cash, Bank	7 697 000	1 706 000	1 364 000	3 876 000
Total Current Assets	38 532 000	22 687 000	15 504 000	19 555 000
Total Assets	54 274 000	38 685 000	30 776 000	35 960 000
Total Equity	19 004 000	14 201 000	13 748 000	11 810 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 595 000	4 794 000	4 079 000	4 778 000
Creditors	5 685 000	4 991 000	4 965 000	4 591 000
Unpaid Taxes	7 549 000	4 660 000	3 494 000	3 232 000
Dividends	0	0	0	0
Other Current Debt	8 842 000	3 594 000	2 355 000	2 192 000
Total Current Debt	26 676 000	19 690 000	12 950 000	19 372 000
Total Equity and Debt	54 274 000	38 685 000	30 776 000	35 960 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,93 %	3,19 %	14,1 %	2,05 %
Debt-to-Equity Ratio	0,45	0,34	0,3	0,4
Operating Profit Margin	5,34 %	0,27 %	0,51 %	0,7 %
Current Ratio	1,44	1,15	1,2	1,01
Quick Ratio	2,19	1,66	1,68	1,24
Equity Ratio	0,35	0,37	0,45	0,33
Gross Profit Margin	57,03 %	63,27 %	41,59 %	37,81 %