V&V DESIGN AS

0374 OSLO

Finances

Share Ownership

Return on Equity

31,88 %

Current Ratio

4,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 001 000	4 112 000	2 120 000	2 726 000
Net Income	872 000	804 000	248 000	228 000
Total Assets	3 560 000	2 558 000	1 607 000	1 345 000
Total Equity	2 735 000	1 862 000	1 058 000	810 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 001 000	4 112 000	2 120 000	2 726 000
Expenditure	3 881 000	3 098 000	1 810 000	2 406 000
Operating Profit	1 120 000	1 015 000	310 000	319 000
Financial Income	10 000	0	0	1 000
Financial Costs	7 000	5 000	27 000	31 000
Financial Balance	3 000	−5 000	−27 000	−30 000
Earnings Before Tax	1 124 000	1 010 000	284 000	290 000
Tax	251 000	206 000	36 000	61 000
Net Income	872 000	804 000	248 000	228 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	29 000	0	0
Total Current Assets	3 541 000	2 529 000	1 607 000	1 345 000
Total Assets	3 560 000	2 558 000	1 607 000	1 345 000
Total Retained Equity	2 710 000	1 838 000	1 034 000	786 000
Total Equity	2 735 000	1 862 000	1 058 000	810 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	826 000	696 000	549 000	535 000
Total Equity and Debt	3 560 000	2 558 000	1 607 000	1 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 968 000	4 144 000	2 149 000	2 842 000
Other Income	33 000	−31 000	−29 000	−116 000
Revenue	5 001 000	4 112 000	2 120 000	2 726 000
Cost of Goods Sold	2 350 000	1 936 000	1 047 000	1 691 000
Salary Costs	838 000	475 000	303 000	350 000
Depreciation	10 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	3 881 000	3 098 000	1 810 000	2 406 000
Operating Profit	1 120 000	1 015 000	310 000	319 000
Financial Income	10 000	0	0	1 000
Financial Costs	7 000	5 000	27 000	31 000
Financial Balance	3 000	−5 000	−27 000	−30 000
Dividends	0	0	0	0
Net Income	872 000	804 000	248 000	228 000

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	19 000	29 000	0	0
Total Tangible Assets	19 000	29 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 000	29 000	0	0
Stock	228 000	191 000	199 000	252 000
Total Investments	0	0	0	0
Cash, Bank	1 198 000	693 000	1 068 000	843 000
Total Current Assets	3 541 000	2 529 000	1 607 000	1 345 000
Total Assets	3 560 000	2 558 000	1 607 000	1 345 000
Total Equity	2 735 000	1 862 000	1 058 000	810 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	29 000	−219 000	7 000	4 000
Unpaid Taxes	202 000	419 000	52 000	0
Dividends	0	0	0	0
Other Current Debt	343 000	283 000	455 000	470 000
Total Current Debt	826 000	696 000	549 000	535 000
Total Equity and Debt	3 560 000	2 558 000	1 607 000	1 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,88 %	43,18 %	23,44 %	28,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22,4 %	24,68 %	14,62 %	11,7 %
Current Ratio	4,29	3,63	2,93	2,51
Quick Ratio	5,92	5,01	4,59	4,75
Equity Ratio	0,77	0,73	0,66	0,6
Gross Profit Margin	53,01 %	52,92 %	50,61 %	37,97 %