TEKNISK VVS AS

4355 KVERNALAND

Finances

Return on Equity

24,34 %

Current Ratio

1,07

Debt-to-Equity Ratio

−0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 571 000	2 526 000	1 770 000	1 463 000
Net Income	46 000	2 000	9 000	101 000
Total Assets	722 000	793 000	654 000	480 000
Total Equity	189 000	143 000	141 000	131 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 571 000	2 526 000	1 770 000	1 463 000
Expenditure	2 505 000	2 513 000	1 755 000	1 336 000
Operating Profit	66 000	13 000	15 000	127 000
Financial Income	0	0	2 000	0
Financial Costs	5 000	10 000	0	0
Financial Balance	−5 000	−10 000	2 000	0
Earnings Before Tax	62 000	3 000	17 000	127 000
Tax	15 000	1 000	8 000	26 000
Net Income	46 000	2 000	9 000	101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	145 000	168 000	197 000	55 000
Total Current Assets	576 000	625 000	458 000	425 000
Total Assets	722 000	793 000	654 000	480 000
Total Retained Equity	149 000	103 000	101 000	91 000
Total Equity	189 000	143 000	141 000	131 000
Total Long-Term Debt	−6 000	4 000	4 000	0
Total Current Debt	539 000	647 000	510 000	349 000
Total Equity and Debt	722 000	793 000	654 000	480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 422 000	2 418 000	1 768 000	1 352 000
Other Income	149 000	107 000	2 000	111 000
Revenue	2 571 000	2 526 000	1 770 000	1 463 000
Cost of Goods Sold	1 029 000	1 022 000	645 000	65 000
Salary Costs	898 000	1 019 000	788 000	1 064 000
Depreciation	23 000	28 000	21 000	0
Impairment	0	0	0	0
Expenditure	2 505 000	2 513 000	1 755 000	1 336 000
Operating Profit	66 000	13 000	15 000	127 000
Financial Income	0	0	2 000	0
Financial Costs	5 000	10 000	0	0
Financial Balance	−5 000	−10 000	2 000	0
Dividends	0	0	0	0
Net Income	46 000	2 000	9 000	101 000

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	74 000	0	0	0
Fixtures	17 000	113 000	142 000	0
Total Tangible Assets	91 000	113 000	142 000	0
Total Fiancial Fixed Assets	55 000	55 000	55 000	55 000
Total Fixed Assets	145 000	168 000	197 000	55 000
Stock	257 000	297 000	122 000	11 000
Total Investments	0	0	0	0
Cash, Bank	98 000	68 000	98 000	60 000
Total Current Assets	576 000	625 000	458 000	425 000
Total Assets	722 000	793 000	654 000	480 000
Total Equity	189 000	143 000	141 000	131 000
Short-Term Group Debt	90 000	90 000	90 000	90 000
Total Long-Term Debt	−6 000	4 000	4 000	0
Creditors	−51 000	325 000	131 000	−6 000
Unpaid Taxes	138 000	115 000	63 000	122 000
Dividends	0	0	0	0
Other Current Debt	342 000	116 000	225 000	117 000
Total Current Debt	539 000	647 000	510 000	349 000
Total Equity and Debt	722 000	793 000	654 000	480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,34 %	1,4 %	6,38 %	77,1 %
Debt-to-Equity Ratio	−0,03	0,03	0,03	0
Operating Profit Margin	2,57 %	0,51 %	0,85 %	8,68 %
Current Ratio	1,07	0,97	0,9	1,22
Quick Ratio	2,04	1,79	1,18	1,26
Equity Ratio	0,26	0,18	0,22	0,27
Gross Profit Margin	59,98 %	59,54 %	63,56 %	95,56 %