ADEKVAT VVS AS

0667 OSLO

Finances

Return on Equity

−53,86 %

Current Ratio

1,95

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 919 000	5 624 000	5 922 000	5 853 000
Net Income	−676 000	784 000	693 000	−41 000
Total Assets	2 733 000	2 659 000	1 964 000	1 288 000
Total Equity	1 255 000	1 931 000	1 267 000	573 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 919 000	5 624 000	5 922 000	5 853 000
Expenditure	6 407 000	4 850 000	5 025 000	5 890 000
Operating Profit	−486 000	773 000	898 000	−37 000
Financial Income	0	0	1 000	0
Financial Costs	5 000	0	1 000	0
Financial Balance	−5 000	0	0	0
Earnings Before Tax	−491 000	773 000	898 000	−37 000
Tax	184 000	−11 000	204 000	4 000
Net Income	−676 000	784 000	693 000	−41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 135 000	422 000	369 000	145 000
Total Current Assets	1 597 000	2 237 000	1 595 000	1 143 000
Total Assets	2 733 000	2 659 000	1 964 000	1 288 000
Total Retained Equity	1 193 000	1 868 000	1 204 000	511 000
Total Equity	1 255 000	1 931 000	1 267 000	573 000
Total Long-Term Debt	658 000	12 000	17 000	4 000
Total Current Debt	819 000	717 000	680 000	710 000
Total Equity and Debt	2 733 000	2 659 000	1 964 000	1 288 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 917 000	5 624 000	5 884 000	5 853 000
Other Income	2 000	0	38 000	0
Revenue	5 919 000	5 624 000	5 922 000	5 853 000
Cost of Goods Sold	1 975 000	1 426 000	1 469 000	2 202 000
Salary Costs	2 752 000	2 021 000	2 220 000	2 161 000
Depreciation	133 000	109 000	37 000	7 000
Impairment	0	0	0	0
Expenditure	6 407 000	4 850 000	5 025 000	5 890 000
Operating Profit	−486 000	773 000	898 000	−37 000
Financial Income	0	0	1 000	0
Financial Costs	5 000	0	1 000	0
Financial Balance	−5 000	0	0	0
Dividends	0	120 000	0	0
Net Income	−676 000	784 000	693 000	−41 000

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	1 016 000	368 000	325 000	118 000
Total Tangible Assets	1 016 000	368 000	325 000	118 000
Total Fiancial Fixed Assets	120 000	53 000	45 000	27 000
Total Fixed Assets	1 135 000	422 000	369 000	145 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	599 000	897 000	863 000	723 000
Total Current Assets	1 597 000	2 237 000	1 595 000	1 143 000
Total Assets	2 733 000	2 659 000	1 964 000	1 288 000
Total Equity	1 255 000	1 931 000	1 267 000	573 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	658 000	12 000	17 000	4 000
Creditors	268 000	184 000	59 000	247 000
Unpaid Taxes	285 000	338 000	204 000	221 000
Dividends	0	120 000	0	0
Other Current Debt	266 000	200 000	225 000	243 000
Total Current Debt	819 000	717 000	680 000	710 000
Total Equity and Debt	2 733 000	2 659 000	1 964 000	1 288 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,86 %	40,6 %	54,7 %	−7,16 %
Debt-to-Equity Ratio	0,52	0,01	0,01	0,01
Operating Profit Margin	−8,21 %	13,74 %	15,16 %	−0,63 %
Current Ratio	1,95	3,12	2,35	1,61
Quick Ratio	1,95	3,12	2,35	1,61
Equity Ratio	0,46	0,73	0,65	0,44
Gross Profit Margin	66,63 %	74,64 %	75,19 %	62,38 %