IGN VVS AS

0667 OSLO

Finances

Share Ownership

Return on Equity

40,79 %

Current Ratio

1,48

Debt-to-Equity Ratio

4,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 452 000	17 995 000	10 614 000	22 318 000
Net Income	217 000	2 376 000	−2 141 000	−110 000
Total Assets	7 846 000	7 211 000	2 013 000	7 051 000
Total Equity	532 000	315 000	−2 060 000	80 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 452 000	17 995 000	10 614 000	22 318 000
Expenditure	23 743 000	15 251 000	12 672 000	22 194 000
Operating Profit	708 000	2 744 000	−2 057 000	124 000
Financial Income	22 000	2 000	7 000	2 000
Financial Costs	265 000	371 000	91 000	101 000
Financial Balance	−243 000	−369 000	−84 000	−99 000
Earnings Before Tax	466 000	2 376 000	−2 141 000	25 000
Tax	249 000	0	0	135 000
Net Income	217 000	2 376 000	−2 141 000	−110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	306 000	302 000	884 000	927 000
Total Current Assets	7 540 000	6 908 000	1 129 000	6 123 000
Total Assets	7 846 000	7 211 000	2 013 000	7 051 000
Total Retained Equity	502 000	285 000	−2 090 000	50 000
Total Equity	532 000	315 000	−2 060 000	80 000
Total Long-Term Debt	2 216 000	2 239 000	0	39 000
Total Current Debt	5 097 000	4 656 000	4 073 000	6 931 000
Total Equity and Debt	7 846 000	7 211 000	2 013 000	7 051 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 448 000	17 995 000	10 614 000	22 318 000
Other Income	4 000	0	0	0
Revenue	24 452 000	17 995 000	10 614 000	22 318 000
Cost of Goods Sold	14 485 000	7 749 000	5 823 000	11 346 000
Salary Costs	5 108 000	3 644 000	3 553 000	6 108 000
Depreciation	78 000	132 000	113 000	89 000
Impairment	0	0	0	0
Expenditure	23 743 000	15 251 000	12 672 000	22 194 000
Operating Profit	708 000	2 744 000	−2 057 000	124 000
Financial Income	22 000	2 000	7 000	2 000
Financial Costs	265 000	371 000	91 000	101 000
Financial Balance	−243 000	−369 000	−84 000	−99 000
Dividends	0	0	0	0
Net Income	217 000	2 376 000	−2 141 000	−110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	267 000	426 000	459 000
Fixtures	276 000	35 000	0	10 000
Total Tangible Assets	276 000	302 000	426 000	469 000
Total Fiancial Fixed Assets	0	0	458 000	458 000
Total Fixed Assets	306 000	302 000	884 000	927 000
Stock	1 858 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	344 000	50 000	199 000	59 000
Total Current Assets	7 540 000	6 908 000	1 129 000	6 123 000
Total Assets	7 846 000	7 211 000	2 013 000	7 051 000
Total Equity	532 000	315 000	−2 060 000	80 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 216 000	2 239 000	0	39 000
Creditors	1 880 000	3 013 000	2 482 000	4 250 000
Unpaid Taxes	2 020 000	711 000	733 000	1 872 000
Dividends	0	0	0	0
Other Current Debt	918 000	933 000	730 000	668 000
Total Current Debt	5 097 000	4 656 000	4 073 000	6 931 000
Total Equity and Debt	7 846 000	7 211 000	2 013 000	7 051 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,79 %	754,29 %	103,93 %	−137,5 %
Debt-to-Equity Ratio	4,17	7,11	−0	0,49
Operating Profit Margin	2,9 %	15,25 %	−19,38 %	0,56 %
Current Ratio	1,48	1,48	0,28	0,88
Quick Ratio	2,33	1,48	0,28	0,88
Equity Ratio	0,07	0,04	−1,02	0,01
Gross Profit Margin	40,76 %	56,94 %	45,14 %	49,16 %