VVS BERGEN AS

5109 HYLKJE

Finances

Share Ownership

Return on Equity

34,87 %

Current Ratio

1,96

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 297 000	27 691 000	26 394 000	18 380 000
Net Income	1 771 000	2 963 000	2 363 000	778 000
Total Assets	10 268 000	9 780 000	7 959 000	7 657 000
Total Equity	5 079 000	3 308 000	2 345 000	982 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 297 000	27 691 000	26 394 000	18 380 000
Expenditure	22 988 000	23 874 000	23 341 000	17 365 000
Operating Profit	2 309 000	3 818 000	3 055 000	1 016 000
Financial Income	4 000	3 000	2 000	0
Financial Costs	19 000	12 000	20 000	16 000
Financial Balance	−15 000	−9 000	−18 000	−16 000
Earnings Before Tax	2 294 000	3 808 000	3 036 000	1 000 000
Tax	523 000	845 000	674 000	222 000
Net Income	1 771 000	2 963 000	2 363 000	778 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 074 000	777 000	803 000	211 000
Total Current Assets	9 194 000	9 003 000	7 156 000	7 446 000
Total Assets	10 268 000	9 780 000	7 959 000	7 657 000
Total Retained Equity	4 779 000	3 008 000	2 045 000	682 000
Total Equity	5 079 000	3 308 000	2 345 000	982 000
Total Long-Term Debt	506 000	120 000	171 000	26 000
Total Current Debt	4 683 000	6 351 000	5 443 000	6 649 000
Total Equity and Debt	10 268 000	9 780 000	7 959 000	7 657 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 293 000	27 648 000	26 389 000	18 380 000
Other Income	4 000	43 000	5 000	0
Revenue	25 297 000	27 691 000	26 394 000	18 380 000
Cost of Goods Sold	11 441 000	12 352 000	14 228 000	9 594 000
Salary Costs	8 468 000	9 168 000	7 128 000	6 154 000
Depreciation	249 000	181 000	111 000	41 000
Impairment	0	0	0	0
Expenditure	22 988 000	23 874 000	23 341 000	17 365 000
Operating Profit	2 309 000	3 818 000	3 055 000	1 016 000
Financial Income	4 000	3 000	2 000	0
Financial Costs	19 000	12 000	20 000	16 000
Financial Balance	−15 000	−9 000	−18 000	−16 000
Dividends	0	2 000 000	1 000 000	250 000
Net Income	1 771 000	2 963 000	2 363 000	778 000

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	982 000	659 000	802 000	210 000
Total Tangible Assets	982 000	659 000	802 000	210 000
Total Fiancial Fixed Assets	93 000	118 000	1 000	1 000
Total Fixed Assets	1 074 000	777 000	803 000	211 000
Stock	410 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 106 000	5 650 000	3 619 000	3 270 000
Total Current Assets	9 194 000	9 003 000	7 156 000	7 446 000
Total Assets	10 268 000	9 780 000	7 959 000	7 657 000
Total Equity	5 079 000	3 308 000	2 345 000	982 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	506 000	120 000	171 000	26 000
Creditors	2 141 000	1 070 000	1 996 000	4 168 000
Unpaid Taxes	1 255 000	1 366 000	867 000	889 000
Dividends	0	2 000 000	1 000 000	250 000
Other Current Debt	776 000	1 047 000	926 000	1 292 000
Total Current Debt	4 683 000	6 351 000	5 443 000	6 649 000
Total Equity and Debt	10 268 000	9 780 000	7 959 000	7 657 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,87 %	89,57 %	100,77 %	79,23 %
Debt-to-Equity Ratio	0,1	0,04	0,07	0,03
Operating Profit Margin	9,13 %	13,79 %	11,57 %	5,53 %
Current Ratio	1,96	1,42	1,31	1,12
Quick Ratio	2,15	1,42	1,31	1,12
Equity Ratio	0,49	0,34	0,29	0,13
Gross Profit Margin	54,77 %	55,39 %	46,09 %	47,8 %