TEAM VVS AS

4056 TANANGER

Finances

Return on Equity

38,34 %

Current Ratio

2,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 602 000	4 361 000	4 282 000	4 531 000
Net Income	682 000	280 000	238 000	253 000
Total Assets	2 877 000	1 740 000	1 557 000	1 399 000
Total Equity	1 779 000	1 096 000	817 000	579 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 602 000	4 361 000	4 282 000	4 531 000
Expenditure	3 728 000	4 003 000	3 977 000	4 209 000
Operating Profit	874 000	358 000	305 000	323 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	874 000	358 000	305 000	323 000
Tax	192 000	79 000	67 000	70 000
Net Income	682 000	280 000	238 000	253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	20 000	20 000	20 000
Total Current Assets	2 857 000	1 720 000	1 537 000	1 379 000
Total Assets	2 877 000	1 740 000	1 557 000	1 399 000
Total Retained Equity	1 440 000	758 000	478 000	240 000
Total Equity	1 779 000	1 096 000	817 000	579 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 099 000	644 000	740 000	820 000
Total Equity and Debt	2 877 000	1 740 000	1 557 000	1 399 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 602 000	4 361 000	4 282 000	4 531 000
Other Income	0	0	0	0
Revenue	4 602 000	4 361 000	4 282 000	4 531 000
Cost of Goods Sold	1 079 000	1 545 000	1 554 000	1 647 000
Salary Costs	1 975 000	1 922 000	1 897 000	1 952 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 728 000	4 003 000	3 977 000	4 209 000
Operating Profit	874 000	358 000	305 000	323 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	682 000	280 000	238 000	253 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	20 000	20 000	20 000	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	650 000	925 000	718 000	593 000
Total Current Assets	2 857 000	1 720 000	1 537 000	1 379 000
Total Assets	2 877 000	1 740 000	1 557 000	1 399 000
Total Equity	1 779 000	1 096 000	817 000	579 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	126 000	14 000	27 000	195 000
Unpaid Taxes	556 000	222 000	319 000	214 000
Dividends	0	0	0	0
Other Current Debt	224 000	328 000	327 000	341 000
Total Current Debt	1 099 000	644 000	740 000	820 000
Total Equity and Debt	2 877 000	1 740 000	1 557 000	1 399 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,34 %	25,55 %	29,13 %	43,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,99 %	8,21 %	7,12 %	7,13 %
Current Ratio	2,6	2,67	2,08	1,68
Quick Ratio	2,6	2,67	2,08	1,68
Equity Ratio	0,62	0,63	0,52	0,41
Gross Profit Margin	76,55 %	64,57 %	63,71 %	63,65 %