KNUTSHAUG VVS AS

7037 TRONDHEIM

Finances

Share Ownership

Return on Equity

11,77 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 506 000	8 891 000	5 823 000	4 340 000
Net Income	271 000	986 000	410 000	709 000
Total Assets	4 360 000	3 554 000	2 284 000	1 740 000
Total Equity	2 303 000	2 182 000	1 196 000	886 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 506 000	8 891 000	5 823 000	4 340 000
Expenditure	8 189 000	7 556 000	5 182 000	3 427 000
Operating Profit	316 000	1 335 000	640 000	913 000
Financial Income	13 000	1 000	1 000	1 000
Financial Costs	15 000	25 000	3 000	2 000
Financial Balance	−2 000	−24 000	−2 000	−1 000
Earnings Before Tax	314 000	1 311 000	638 000	912 000
Tax	42 000	325 000	228 000	203 000
Net Income	271 000	986 000	410 000	709 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	286 000	92 000	122 000	165 000
Total Current Assets	4 075 000	3 462 000	2 162 000	1 576 000
Total Assets	4 360 000	3 554 000	2 284 000	1 740 000
Total Retained Equity	2 213 000	2 092 000	1 106 000	796 000
Total Equity	2 303 000	2 182 000	1 196 000	886 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 057 000	1 372 000	1 087 000	854 000
Total Equity and Debt	4 360 000	3 554 000	2 284 000	1 740 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 506 000	8 891 000	5 823 000	4 340 000
Other Income	0	0	0	0
Revenue	8 506 000	8 891 000	5 823 000	4 340 000
Cost of Goods Sold	3 189 000	3 505 000	2 481 000	1 375 000
Salary Costs	3 279 000	2 852 000	1 738 000	1 470 000
Depreciation	19 000	30 000	39 000	35 000
Impairment	0	0	0	0
Expenditure	8 189 000	7 556 000	5 182 000	3 427 000
Operating Profit	316 000	1 335 000	640 000	913 000
Financial Income	13 000	1 000	1 000	1 000
Financial Costs	15 000	25 000	3 000	2 000
Financial Balance	−2 000	−24 000	−2 000	−1 000
Dividends	0	0	100 000	0
Net Income	271 000	986 000	410 000	709 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	203 000	0	0	34 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	74 000	61 000	91 000	130 000
Total Tangible Assets	74 000	61 000	91 000	130 000
Total Fiancial Fixed Assets	9 000	31 000	31 000	0
Total Fixed Assets	286 000	92 000	122 000	165 000
Stock	117 000	68 000	45 000	45 000
Total Investments	0	0	0	0
Cash, Bank	1 293 000	2 077 000	1 334 000	1 035 000
Total Current Assets	4 075 000	3 462 000	2 162 000	1 576 000
Total Assets	4 360 000	3 554 000	2 284 000	1 740 000
Total Equity	2 303 000	2 182 000	1 196 000	886 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	557 000	535 000	155 000	215 000
Unpaid Taxes	502 000	306 000	382 000	278 000
Dividends	0	0	100 000	0
Other Current Debt	752 000	206 000	256 000	134 000
Total Current Debt	2 057 000	1 372 000	1 087 000	854 000
Total Equity and Debt	4 360 000	3 554 000	2 284 000	1 740 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,77 %	45,19 %	34,28 %	80,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,72 %	15,02 %	10,99 %	21,04 %
Current Ratio	1,98	2,52	1,99	1,85
Quick Ratio	2,1	2,65	2,07	1,95
Equity Ratio	0,53	0,61	0,52	0,51
Gross Profit Margin	62,51 %	60,58 %	57,39 %	68,32 %