AGF VVS AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

71,49 %

Current Ratio

1,64

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 834 000	4 177 000	1 965 000	2 045 000
Net Income	321 000	141 000	83 000	−192 000
Total Assets	1 541 000	1 631 000	631 000	882 000
Total Equity	449 000	127 000	−14 000	−96 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 834 000	4 177 000	1 965 000	2 045 000
Expenditure	6 396 000	4 008 000	1 860 000	2 217 000
Operating Profit	438 000	168 000	105 000	−173 000
Financial Income	0	0	0	0
Financial Costs	17 000	20 000	22 000	18 000
Financial Balance	−17 000	−20 000	−22 000	−18 000
Earnings Before Tax	421 000	149 000	83 000	−190 000
Tax	99 000	8 000	0	1 000
Net Income	321 000	141 000	83 000	−192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	187 000	250 000	336 000	422 000
Total Current Assets	1 354 000	1 380 000	295 000	461 000
Total Assets	1 541 000	1 631 000	631 000	882 000
Total Retained Equity	354 000	33 000	−108 000	−191 000
Total Equity	449 000	127 000	−14 000	−96 000
Total Long-Term Debt	266 000	333 000	388 000	611 000
Total Current Debt	826 000	1 170 000	256 000	368 000
Total Equity and Debt	1 541 000	1 631 000	631 000	882 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 834 000	4 177 000	1 965 000	2 034 000
Other Income	0	0	0	11 000
Revenue	6 834 000	4 177 000	1 965 000	2 045 000
Cost of Goods Sold	5 286 000	3 056 000	874 000	1 194 000
Salary Costs	679 000	646 000	647 000	639 000
Depreciation	88 000	86 000	86 000	59 000
Impairment	0	0	0	0
Expenditure	6 396 000	4 008 000	1 860 000	2 217 000
Operating Profit	438 000	168 000	105 000	−173 000
Financial Income	0	0	0	0
Financial Costs	17 000	20 000	22 000	18 000
Financial Balance	−17 000	−20 000	−22 000	−18 000
Dividends	0	0	0	0
Net Income	321 000	141 000	83 000	−192 000

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	187 000	250 000	336 000	422 000
Total Tangible Assets	187 000	250 000	336 000	422 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	187 000	250 000	336 000	422 000
Stock	45 000	6 000	20 000	0
Total Investments	0	0	0	0
Cash, Bank	515 000	717 000	170 000	93 000
Total Current Assets	1 354 000	1 380 000	295 000	461 000
Total Assets	1 541 000	1 631 000	631 000	882 000
Total Equity	449 000	127 000	−14 000	−96 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	266 000	333 000	388 000	611 000
Creditors	573 000	943 000	95 000	199 000
Unpaid Taxes	60 000	169 000	105 000	89 000
Dividends	0	0	0	0
Other Current Debt	86 000	58 000	57 000	80 000
Total Current Debt	826 000	1 170 000	256 000	368 000
Total Equity and Debt	1 541 000	1 631 000	631 000	882 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,49 %	111,02 %	−592,86 %	200 %
Debt-to-Equity Ratio	0,59	2,62	−27,71	−6,36
Operating Profit Margin	6,41 %	4,02 %	5,34 %	−8,46 %
Current Ratio	1,64	1,18	1,15	1,25
Quick Ratio	1,73	1,19	1,25	1,25
Equity Ratio	0,29	0,08	−0,02	−0,11
Gross Profit Margin	22,65 %	26,84 %	55,52 %	41,61 %