GRØNNE VVS AS

1358 JAR

Finances

Return on Equity

60,14 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 332 000	2 710 000	1 884 000	1 026 000
Net Income	519 000	−117 000	260 000	287 000
Total Assets	2 046 000	939 000	762 000	670 000
Total Equity	863 000	485 000	602 000	341 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 332 000	2 710 000	1 884 000	1 026 000
Expenditure	3 654 000	2 852 000	1 538 000	655 000
Operating Profit	678 000	−141 000	346 000	370 000
Financial Income	10 000	1 000	0	1 000
Financial Costs	26 000	10 000	10 000	2 000
Financial Balance	−16 000	−9 000	−10 000	−1 000
Earnings Before Tax	662 000	−150 000	336 000	369 000
Tax	144 000	−33 000	76 000	82 000
Net Income	519 000	−117 000	260 000	287 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	763 000	194 000	126 000	180 000
Total Current Assets	1 283 000	744 000	636 000	490 000
Total Assets	2 046 000	939 000	762 000	670 000
Total Retained Equity	833 000	455 000	572 000	311 000
Total Equity	863 000	485 000	602 000	341 000
Total Long-Term Debt	334 000	111 000	143 000	182 000
Total Current Debt	849 000	343 000	18 000	147 000
Total Equity and Debt	2 046 000	939 000	762 000	670 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 332 000	2 710 000	1 883 000	1 026 000
Other Income	0	0	2 000	0
Revenue	4 332 000	2 710 000	1 884 000	1 026 000
Cost of Goods Sold	1 473 000	1 499 000	809 000	331 000
Salary Costs	1 012 000	652 000	226 000	77 000
Depreciation	94 000	38 000	54 000	77 000
Impairment	0	0	0	0
Expenditure	3 654 000	2 852 000	1 538 000	655 000
Operating Profit	678 000	−141 000	346 000	370 000
Financial Income	10 000	1 000	0	1 000
Financial Costs	26 000	10 000	10 000	2 000
Financial Balance	−16 000	−9 000	−10 000	−1 000
Dividends	0	0	0	0
Net Income	519 000	−117 000	260 000	287 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	51 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	674 000	88 000	126 000	180 000
Total Tangible Assets	674 000	88 000	126 000	180 000
Total Fiancial Fixed Assets	55 000	55 000	0	0
Total Fixed Assets	763 000	194 000	126 000	180 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	540 000	398 000	354 000	373 000
Total Current Assets	1 283 000	744 000	636 000	490 000
Total Assets	2 046 000	939 000	762 000	670 000
Total Equity	863 000	485 000	602 000	341 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	334 000	111 000	143 000	182 000
Creditors	379 000	213 000	−102 000	−6 000
Unpaid Taxes	220 000	43 000	26 000	70 000
Dividends	0	0	0	0
Other Current Debt	124 000	68 000	18 000	0
Total Current Debt	849 000	343 000	18 000	147 000
Total Equity and Debt	2 046 000	939 000	762 000	670 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,14 %	−24,12 %	43,19 %	84,16 %
Debt-to-Equity Ratio	0,39	0,23	0,24	0,53
Operating Profit Margin	15,65 %	−5,2 %	18,37 %	36,06 %
Current Ratio	1,51	2,17	35,33	3,33
Quick Ratio	1,51	2,17	35,33	3,33
Equity Ratio	0,42	0,52	0,79	0,51
Gross Profit Margin	66 %	44,69 %	57,06 %	67,74 %