VESTFOSSEN VVS AS

3320 VESTFOSSEN

Finances

Share Ownership

Return on Equity

−37,13 %

Current Ratio

30,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	216 000	473 000	2 106 000	2 782 000
Net Income	−101 000	−340 000	−127 000	372 000
Total Assets	274 000	535 000	974 000	1 596 000
Total Equity	272 000	373 000	713 000	840 000

Income (NOK)	2022	2021	2020	2019
Revenue	216 000	473 000	2 106 000	2 782 000
Expenditure	346 000	909 000	2 269 000	2 306 000
Operating Profit	−130 000	−436 000	−163 000	476 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	0
Earnings Before Tax	−130 000	−436 000	−163 000	477 000
Tax	−29 000	−96 000	−36 000	105 000
Net Income	−101 000	−340 000	−127 000	372 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	182 000	255 000	261 000	318 000
Total Current Assets	92 000	280 000	713 000	1 277 000
Total Assets	274 000	535 000	974 000	1 596 000
Total Retained Equity	171 000	272 000	612 000	740 000
Total Equity	272 000	373 000	713 000	840 000
Total Long-Term Debt	0	0	0	6 000
Total Current Debt	3 000	162 000	261 000	749 000
Total Equity and Debt	274 000	535 000	974 000	1 596 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	216 000	473 000	2 106 000	2 782 000
Other Income	0	0	0	0
Revenue	216 000	473 000	2 106 000	2 782 000
Cost of Goods Sold	59 000	325 000	1 092 000	1 024 000
Salary Costs	21 000	179 000	621 000	742 000
Depreciation	82 000	84 000	105 000	88 000
Impairment	0	0	0	0
Expenditure	346 000	909 000	2 269 000	2 306 000
Operating Profit	−130 000	−436 000	−163 000	476 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−101 000	−340 000	−127 000	372 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	127 000	98 000	2 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	55 000	137 000	238 000	298 000
Total Tangible Assets	55 000	137 000	238 000	298 000
Total Fiancial Fixed Assets	0	20 000	20 000	20 000
Total Fixed Assets	182 000	255 000	261 000	318 000
Stock	59 000	109 000	100 000	229 000
Total Investments	0	0	0	0
Cash, Bank	5 000	137 000	209 000	406 000
Total Current Assets	92 000	280 000	713 000	1 277 000
Total Assets	274 000	535 000	974 000	1 596 000
Total Equity	272 000	373 000	713 000	840 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	6 000
Creditors	0	117 000	96 000	168 000
Unpaid Taxes	3 000	26 000	102 000	198 000
Dividends	0	0	0	0
Other Current Debt	0	20 000	63 000	279 000
Total Current Debt	3 000	162 000	261 000	749 000
Total Equity and Debt	274 000	535 000	974 000	1 596 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,13 %	−91,15 %	−17,81 %	44,29 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−60,19 %	−92,18 %	−7,74 %	17,11 %
Current Ratio	30,67	1,73	2,73	1,7
Quick Ratio	−1,64	5,28	4,43	2,46
Equity Ratio	0,99	0,7	0,73	0,53
Gross Profit Margin	72,69 %	31,29 %	48,15 %	63,19 %