VVS SPESIALISTEN AS

0275 OSLO

Finances

Share Ownership

Return on Equity

216,74 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 327 000	5 996 000	5 058 000	4 192 000
Net Income	466 000	−192 000	−36 000	−143 000
Total Assets	788 000	386 000	383 000	436 000
Total Equity	215 000	−252 000	−44 000	−7 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 327 000	5 996 000	5 058 000	4 192 000
Expenditure	4 825 000	6 199 000	5 087 000	4 329 000
Operating Profit	502 000	−203 000	−28 000	−137 000
Financial Income	0	0	0	0
Financial Costs	5 000	5 000	8 000	10 000
Financial Balance	−5 000	−5 000	−8 000	−10 000
Earnings Before Tax	497 000	−208 000	−36 000	−147 000
Tax	30 000	−16 000	0	−4 000
Net Income	466 000	−192 000	−36 000	−143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	277 000	263 000	70 000	144 000
Total Current Assets	511 000	123 000	313 000	291 000
Total Assets	788 000	386 000	383 000	436 000
Total Retained Equity	185 000	−282 000	−74 000	−37 000
Total Equity	215 000	−252 000	−44 000	−7 000
Total Long-Term Debt	162 000	173 000	12 000	76 000
Total Current Debt	411 000	464 000	415 000	367 000
Total Equity and Debt	788 000	386 000	383 000	436 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 003 000	5 996 000	5 024 000	4 192 000
Other Income	325 000	0	34 000	0
Revenue	5 327 000	5 996 000	5 058 000	4 192 000
Cost of Goods Sold	2 278 000	3 701 000	3 610 000	2 773 000
Salary Costs	1 611 000	1 883 000	652 000	781 000
Depreciation	71 000	98 000	73 000	76 000
Impairment	0	0	0	0
Expenditure	4 825 000	6 199 000	5 087 000	4 329 000
Operating Profit	502 000	−203 000	−28 000	−137 000
Financial Income	0	0	0	0
Financial Costs	5 000	5 000	8 000	10 000
Financial Balance	−5 000	−5 000	−8 000	−10 000
Dividends	0	0	0	0
Net Income	466 000	−192 000	−36 000	−143 000

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	192 000	263 000	70 000	143 000
Total Tangible Assets	192 000	263 000	70 000	143 000
Total Fiancial Fixed Assets	85 000	0	0	2 000
Total Fixed Assets	277 000	263 000	70 000	144 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	114 000	83 000	125 000	174 000
Total Current Assets	511 000	123 000	313 000	291 000
Total Assets	788 000	386 000	383 000	436 000
Total Equity	215 000	−252 000	−44 000	−7 000
Short-Term Group Debt	132 000	0	0	0
Total Long-Term Debt	162 000	173 000	12 000	76 000
Creditors	76 000	90 000	124 000	64 000
Unpaid Taxes	128 000	202 000	201 000	124 000
Dividends	0	0	0	0
Other Current Debt	70 000	173 000	90 000	180 000
Total Current Debt	411 000	464 000	415 000	367 000
Total Equity and Debt	788 000	386 000	383 000	436 000

Financial indicators	2022	2021	2020	2019
Return on Equity	216,74 %	76,19 %	81,82 %	2 042,86 %
Debt-to-Equity Ratio	0,75	−0,69	−0,27	−10,86
Operating Profit Margin	9,42 %	−3,39 %	−0,55 %	−3,27 %
Current Ratio	1,24	0,27	0,75	0,79
Quick Ratio	1,24	0,27	0,75	0,79
Equity Ratio	0,27	−0,65	−0,11	−0,02
Gross Profit Margin	57,24 %	38,28 %	28,63 %	33,85 %