RIMSTAD VVS AS

3270 LARVIK

Finances

Return on Equity

30,59 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 160 000	3 695 000	2 841 000	2 076 000
Net Income	156 000	−121 000	163 000	306 000
Total Assets	1 694 000	1 515 000	1 203 000	1 010 000
Total Equity	510 000	355 000	476 000	313 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 160 000	3 695 000	2 841 000	2 076 000
Expenditure	3 975 000	3 837 000	2 710 000	1 683 000
Operating Profit	185 000	−143 000	131 000	394 000
Financial Income	0	6 000	83 000	0
Financial Costs	1 000	3 000	5 000	9 000
Financial Balance	−1 000	3 000	78 000	−9 000
Earnings Before Tax	184 000	−140 000	209 000	385 000
Tax	28 000	−19 000	46 000	80 000
Net Income	156 000	−121 000	163 000	306 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	299 000	346 000	343 000	352 000
Total Current Assets	1 395 000	1 169 000	860 000	658 000
Total Assets	1 694 000	1 515 000	1 203 000	1 010 000
Total Retained Equity	480 000	325 000	446 000	283 000
Total Equity	510 000	355 000	476 000	313 000
Total Long-Term Debt	322 000	300 000	319 000	419 000
Total Current Debt	861 000	860 000	409 000	278 000
Total Equity and Debt	1 694 000	1 515 000	1 203 000	1 010 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 160 000	3 695 000	2 841 000	2 076 000
Other Income	0	0	0	0
Revenue	4 160 000	3 695 000	2 841 000	2 076 000
Cost of Goods Sold	2 491 000	2 689 000	1 600 000	957 000
Salary Costs	1 023 000	874 000	828 000	528 000
Depreciation	47 000	45 000	37 000	37 000
Impairment	0	0	0	0
Expenditure	3 975 000	3 837 000	2 710 000	1 683 000
Operating Profit	185 000	−143 000	131 000	394 000
Financial Income	0	6 000	83 000	0
Financial Costs	1 000	3 000	5 000	9 000
Financial Balance	−1 000	3 000	78 000	−9 000
Dividends	0	0	0	0
Net Income	156 000	−121 000	163 000	306 000

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	14 000	20 000	0	0
Fixtures	216 000	257 000	278 000	315 000
Total Tangible Assets	230 000	277 000	278 000	315 000
Total Fiancial Fixed Assets	69 000	69 000	66 000	38 000
Total Fixed Assets	299 000	346 000	343 000	352 000
Stock	234 000	152 000	124 000	124 000
Total Investments	0	0	0	0
Cash, Bank	402 000	157 000	459 000	405 000
Total Current Assets	1 395 000	1 169 000	860 000	658 000
Total Assets	1 694 000	1 515 000	1 203 000	1 010 000
Total Equity	510 000	355 000	476 000	313 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	322 000	300 000	319 000	419 000
Creditors	641 000	674 000	158 000	43 000
Unpaid Taxes	135 000	111 000	134 000	154 000
Dividends	0	0	0	0
Other Current Debt	79 000	75 000	70 000	20 000
Total Current Debt	861 000	860 000	409 000	278 000
Total Equity and Debt	1 694 000	1 515 000	1 203 000	1 010 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,59 %	−34,08 %	34,24 %	97,76 %
Debt-to-Equity Ratio	0,63	0,85	0,67	1,34
Operating Profit Margin	4,45 %	−3,87 %	4,61 %	18,98 %
Current Ratio	1,62	1,36	2,1	2,37
Quick Ratio	2,22	1,65	3,02	4,27
Equity Ratio	0,3	0,23	0,4	0,31
Gross Profit Margin	40,12 %	27,23 %	43,68 %	53,9 %