VENNERØD VVS AS

3160 STOKKE

Finances

Share Ownership

Return on Equity

167,24 %

Current Ratio

0,56

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 197 000	1 819 000	2 079 000	1 746 000
Net Income	−194 000	−30 000	178 000	14 000
Total Assets	735 000	662 000	685 000	665 000
Total Equity	−116 000	78 000	108 000	−70 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 197 000	1 819 000	2 079 000	1 746 000
Expenditure	1 390 000	1 847 000	1 876 000	1 732 000
Operating Profit	−193 000	−28 000	203 000	15 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	1 000
Financial Balance	0	−2 000	0	−1 000
Earnings Before Tax	−194 000	−30 000	204 000	14 000
Tax	0	0	26 000	0
Net Income	−194 000	−30 000	178 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	257 000	27 000	23 000	33 000
Total Current Assets	477 000	635 000	662 000	632 000
Total Assets	735 000	662 000	685 000	665 000
Total Retained Equity	−134 000	60 000	89 000	−89 000
Total Equity	−116 000	78 000	108 000	−70 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	851 000	584 000	577 000	735 000
Total Equity and Debt	735 000	662 000	685 000	665 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 197 000	1 819 000	2 079 000	1 746 000
Other Income	0	0	0	0
Revenue	1 197 000	1 819 000	2 079 000	1 746 000
Cost of Goods Sold	638 000	1 069 000	1 136 000	985 000
Salary Costs	466 000	473 000	460 000	470 000
Depreciation	34 000	11 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	1 390 000	1 847 000	1 876 000	1 732 000
Operating Profit	−193 000	−28 000	203 000	15 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	1 000
Financial Balance	0	−2 000	0	−1 000
Dividends	0	0	0	0
Net Income	−194 000	−30 000	178 000	14 000

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	257 000	27 000	23 000	33 000
Total Tangible Assets	257 000	27 000	23 000	33 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	257 000	27 000	23 000	33 000
Stock	55 000	55 000	49 000	32 000
Total Investments	0	0	0	0
Cash, Bank	220 000	249 000	403 000	72 000
Total Current Assets	477 000	635 000	662 000	632 000
Total Assets	735 000	662 000	685 000	665 000
Total Equity	−116 000	78 000	108 000	−70 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	281 000	93 000	69 000	174 000
Unpaid Taxes	50 000	39 000	45 000	66 000
Dividends	0	0	0	0
Other Current Debt	520 000	452 000	437 000	495 000
Total Current Debt	851 000	584 000	577 000	735 000
Total Equity and Debt	735 000	662 000	685 000	665 000

Financial indicators	2022	2021	2020	2019
Return on Equity	167,24 %	−38,46 %	164,81 %	−20 %
Debt-to-Equity Ratio	−0	0	0	−0
Operating Profit Margin	−16,12 %	−1,54 %	9,76 %	0,86 %
Current Ratio	0,56	1,09	1,15	0,86
Quick Ratio	0,6	1,2	1,25	0,9
Equity Ratio	−0,16	0,12	0,16	−0,11
Gross Profit Margin	46,7 %	41,23 %	45,36 %	43,59 %