FJORD VVS AS

3962 STATHELLE

Finances

Return on Equity

119,09 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 650 000	7 872 000	10 639 000	7 601 000
Net Income	786 000	432 000	1 333 000	437 000
Total Assets	5 324 000	3 212 000	3 447 000	2 855 000
Total Equity	660 000	674 000	592 000	259 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 650 000	7 872 000	10 639 000	7 601 000
Expenditure	9 628 000	7 294 000	8 948 000	6 995 000
Operating Profit	1 022 000	577 000	1 691 000	578 000
Financial Income	0	0	0	0
Financial Costs	14 000	24 000	4 000	6 000
Financial Balance	−14 000	−24 000	−4 000	−6 000
Earnings Before Tax	1 007 000	554 000	1 687 000	572 000
Tax	222 000	122 000	354 000	135 000
Net Income	786 000	432 000	1 333 000	437 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	250 000	653 000	328 000	115 000
Total Current Assets	5 074 000	2 559 000	3 119 000	2 739 000
Total Assets	5 324 000	3 212 000	3 447 000	2 855 000
Total Retained Equity	610 000	624 000	542 000	209 000
Total Equity	660 000	674 000	592 000	259 000
Total Long-Term Debt	468 000	530 000	77 000	45 000
Total Current Debt	4 196 000	2 008 000	2 777 000	2 550 000
Total Equity and Debt	5 324 000	3 212 000	3 447 000	2 855 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 587 000	7 862 000	10 639 000	7 601 000
Other Income	62 000	10 000	0	0
Revenue	10 650 000	7 872 000	10 639 000	7 601 000
Cost of Goods Sold	5 159 000	3 338 000	5 229 000	3 997 000
Salary Costs	2 893 000	2 511 000	2 477 000	1 896 000
Depreciation	133 000	142 000	101 000	79 000
Impairment	0	0	0	0
Expenditure	9 628 000	7 294 000	8 948 000	6 995 000
Operating Profit	1 022 000	577 000	1 691 000	578 000
Financial Income	0	0	0	0
Financial Costs	14 000	24 000	4 000	6 000
Financial Balance	−14 000	−24 000	−4 000	−6 000
Dividends	800 000	350 000	1 000 000	300 000
Net Income	786 000	432 000	1 333 000	437 000

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	5 000	101 000	163 000	0
Fixtures	128 000	445 000	90 000	89 000
Total Tangible Assets	133 000	546 000	253 000	89 000
Total Fiancial Fixed Assets	117 000	107 000	75 000	26 000
Total Fixed Assets	250 000	653 000	328 000	115 000
Stock	74 000	65 000	92 000	37 000
Total Investments	0	0	0	0
Cash, Bank	2 281 000	118 000	655 000	804 000
Total Current Assets	5 074 000	2 559 000	3 119 000	2 739 000
Total Assets	5 324 000	3 212 000	3 447 000	2 855 000
Total Equity	660 000	674 000	592 000	259 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	468 000	530 000	77 000	45 000
Creditors	1 138 000	1 025 000	671 000	668 000
Unpaid Taxes	515 000	376 000	339 000	376 000
Dividends	800 000	350 000	1 000 000	300 000
Other Current Debt	1 739 000	257 000	473 000	1 071 000
Total Current Debt	4 196 000	2 008 000	2 777 000	2 550 000
Total Equity and Debt	5 324 000	3 212 000	3 447 000	2 855 000

Financial indicators	2022	2021	2020	2019
Return on Equity	119,09 %	64,09 %	225,17 %	168,73 %
Debt-to-Equity Ratio	0,71	0,79	0,13	0,17
Operating Profit Margin	9,6 %	7,33 %	15,89 %	7,6 %
Current Ratio	1,21	1,27	1,12	1,07
Quick Ratio	1,23	1,32	1,16	1,09
Equity Ratio	0,12	0,21	0,17	0,09
Gross Profit Margin	51,56 %	57,6 %	50,85 %	47,41 %