SKARVATUN VVS AS

5680 TYSNES

Finances

Return on Equity

76,21 %

Current Ratio

1,27

Debt-to-Equity Ratio

2,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 131 000	7 904 000	7 642 000	6 189 000
Net Income	932 000	587 000	470 000	280 000
Total Assets	6 574 000	6 087 000	2 874 000	2 289 000
Total Equity	1 223 000	1 091 000	903 000	683 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 131 000	7 904 000	7 642 000	6 189 000
Expenditure	8 810 000	7 126 000	7 018 000	5 807 000
Operating Profit	1 321 000	777 000	625 000	381 000
Financial Income	2 000	0	0	0
Financial Costs	124 000	23 000	23 000	25 000
Financial Balance	−122 000	−23 000	−23 000	−25 000
Earnings Before Tax	1 199 000	755 000	602 000	357 000
Tax	266 000	167 000	133 000	77 000
Net Income	932 000	587 000	470 000	280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 414 000	3 292 000	131 000	156 000
Total Current Assets	3 161 000	2 795 000	2 743 000	2 133 000
Total Assets	6 574 000	6 087 000	2 874 000	2 289 000
Total Retained Equity	1 123 000	991 000	803 000	583 000
Total Equity	1 223 000	1 091 000	903 000	683 000
Total Long-Term Debt	2 868 000	2 941 000	311 000	388 000
Total Current Debt	2 483 000	2 055 000	1 659 000	1 218 000
Total Equity and Debt	6 574 000	6 087 000	2 874 000	2 289 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 044 000	7 901 000	7 641 000	6 188 000
Other Income	87 000	3 000	0	1 000
Revenue	10 131 000	7 904 000	7 642 000	6 189 000
Cost of Goods Sold	4 490 000	3 784 000	3 814 000	2 834 000
Salary Costs	3 094 000	2 375 000	2 023 000	1 894 000
Depreciation	21 000	14 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	8 810 000	7 126 000	7 018 000	5 807 000
Operating Profit	1 321 000	777 000	625 000	381 000
Financial Income	2 000	0	0	0
Financial Costs	124 000	23 000	23 000	25 000
Financial Balance	−122 000	−23 000	−23 000	−25 000
Dividends	800 000	400 000	250 000	70 000
Net Income	932 000	587 000	470 000	280 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 257 000	3 111 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	85 000	130 000	62 000	70 000
Total Tangible Assets	3 341 000	3 241 000	62 000	70 000
Total Fiancial Fixed Assets	72 000	51 000	69 000	86 000
Total Fixed Assets	3 414 000	3 292 000	131 000	156 000
Stock	559 000	534 000	356 000	450 000
Total Investments	0	0	0	0
Cash, Bank	733 000	563 000	520 000	485 000
Total Current Assets	3 161 000	2 795 000	2 743 000	2 133 000
Total Assets	6 574 000	6 087 000	2 874 000	2 289 000
Total Equity	1 223 000	1 091 000	903 000	683 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 868 000	2 941 000	311 000	388 000
Creditors	618 000	881 000	629 000	593 000
Unpaid Taxes	679 000	549 000	446 000	350 000
Dividends	800 000	400 000	250 000	70 000
Other Current Debt	335 000	261 000	204 000	200 000
Total Current Debt	2 483 000	2 055 000	1 659 000	1 218 000
Total Equity and Debt	6 574 000	6 087 000	2 874 000	2 289 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,21 %	53,8 %	52,05 %	41 %
Debt-to-Equity Ratio	2,35	2,7	0,34	0,57
Operating Profit Margin	13,04 %	9,83 %	8,18 %	6,16 %
Current Ratio	1,27	1,36	1,65	1,75
Quick Ratio	1,64	1,84	2,11	2,78
Equity Ratio	0,19	0,18	0,31	0,3
Gross Profit Margin	55,68 %	52,13 %	50,09 %	54,21 %