VVS AS

1823 KNAPSTAD

Finances

Share Ownership

Return on Equity

34,75 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 253 000	5 923 000	9 048 000	6 769 000
Net Income	646 000	−4 000	1 168 000	648 000
Total Assets	3 495 000	2 354 000	2 707 000	2 183 000
Total Equity	1 859 000	1 213 000	1 217 000	949 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 253 000	5 923 000	9 048 000	6 769 000
Expenditure	7 419 000	5 926 000	7 548 000	5 938 000
Operating Profit	834 000	−4 000	1 500 000	831 000
Financial Income	5 000	3 000	2 000	3 000
Financial Costs	8 000	1 000	4 000	1 000
Financial Balance	−3 000	2 000	−2 000	2 000
Earnings Before Tax	832 000	−3 000	1 498 000	832 000
Tax	186 000	1 000	330 000	184 000
Net Income	646 000	−4 000	1 168 000	648 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	254 000	275 000	250 000	168 000
Total Current Assets	3 241 000	2 079 000	2 458 000	2 015 000
Total Assets	3 495 000	2 354 000	2 707 000	2 183 000
Total Retained Equity	1 829 000	1 183 000	1 187 000	919 000
Total Equity	1 859 000	1 213 000	1 217 000	949 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 636 000	1 141 000	1 490 000	1 234 000
Total Equity and Debt	3 495 000	2 354 000	2 707 000	2 183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 253 000	5 898 000	9 023 000	6 765 000
Other Income	0	25 000	25 000	4 000
Revenue	8 253 000	5 923 000	9 048 000	6 769 000
Cost of Goods Sold	514 000	0	545 000	0
Salary Costs	5 381 000	4 626 000	5 688 000	4 806 000
Depreciation	83 000	86 000	73 000	48 000
Impairment	0	0	0	0
Expenditure	7 419 000	5 926 000	7 548 000	5 938 000
Operating Profit	834 000	−4 000	1 500 000	831 000
Financial Income	5 000	3 000	2 000	3 000
Financial Costs	8 000	1 000	4 000	1 000
Financial Balance	−3 000	2 000	−2 000	2 000
Dividends	0	0	0	0
Net Income	646 000	−4 000	1 168 000	648 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	2 000	2 000	61 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	252 000	273 000	247 000	107 000
Total Tangible Assets	252 000	273 000	247 000	107 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	254 000	275 000	250 000	168 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 553 000	1 400 000	1 852 000	196 000
Total Current Assets	3 241 000	2 079 000	2 458 000	2 015 000
Total Assets	3 495 000	2 354 000	2 707 000	2 183 000
Total Equity	1 859 000	1 213 000	1 217 000	949 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	38 000	198 000	180 000
Unpaid Taxes	784 000	587 000	460 000	525 000
Dividends	0	0	0	0
Other Current Debt	654 000	515 000	561 000	530 000
Total Current Debt	1 636 000	1 141 000	1 490 000	1 234 000
Total Equity and Debt	3 495 000	2 354 000	2 707 000	2 183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,75 %	−0,33 %	95,97 %	68,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,11 %	−0,07 %	16,58 %	12,28 %
Current Ratio	1,98	1,82	1,65	1,63
Quick Ratio	1,98	1,82	1,65	1,63
Equity Ratio	0,53	0,52	0,45	0,43
Gross Profit Margin	93,77 %	100 %	93,98 %	100 %