VVS COMFORT AS

1820 SPYDEBERG

Finances

Share Ownership

Return on Equity

22,72 %

Current Ratio

2,03

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	130 971 000	89 040 000	97 834 000	44 048 000
Net Income	2 765 000	−1 642 000	12 052 000	1 115 000
Total Assets	32 563 000	29 238 000	38 413 000	15 909 000
Total Equity	12 172 000	9 407 000	4 049 000	3 198 000

Income (NOK)	2022	2021	2020	2019
Revenue	130 971 000	89 040 000	97 834 000	44 048 000
Expenditure	129 827 000	91 045 000	82 225 000	42 534 000
Operating Profit	1 144 000	−2 005 000	15 609 000	1 515 000
Financial Income	2 179 000	112 000	−5 000	23 000
Financial Costs	358 000	217 000	140 000	107 000
Financial Balance	1 821 000	−105 000	−145 000	−84 000
Earnings Before Tax	2 964 000	−2 110 000	15 464 000	1 431 000
Tax	199 000	−468 000	3 413 000	316 000
Net Income	2 765 000	−1 642 000	12 052 000	1 115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 488 000	3 215 000	2 170 000	505 000
Total Current Assets	29 075 000	26 024 000	36 243 000	15 404 000
Total Assets	32 563 000	29 238 000	38 413 000	15 909 000
Total Retained Equity	4 772 000	2 007 000	3 649 000	2 798 000
Total Equity	12 172 000	9 407 000	4 049 000	3 198 000
Total Long-Term Debt	6 103 000	6 476 000	2 234 000	1 963 000
Total Current Debt	14 288 000	13 356 000	32 130 000	10 749 000
Total Equity and Debt	32 563 000	29 238 000	38 413 000	15 909 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	130 897 000	88 867 000	97 794 000	44 048 000
Other Income	74 000	172 000	40 000	0
Revenue	130 971 000	89 040 000	97 834 000	44 048 000
Cost of Goods Sold	86 036 000	56 368 000	51 791 000	19 901 000
Salary Costs	32 374 000	27 611 000	23 648 000	17 573 000
Depreciation	926 000	697 000	389 000	99 000
Impairment	0	0	0	0
Expenditure	129 827 000	91 045 000	82 225 000	42 534 000
Operating Profit	1 144 000	−2 005 000	15 609 000	1 515 000
Financial Income	2 179 000	112 000	−5 000	23 000
Financial Costs	358 000	217 000	140 000	107 000
Financial Balance	1 821 000	−105 000	−145 000	−84 000
Dividends	0	0	11 200 000	1 000 000
Net Income	2 765 000	−1 642 000	12 052 000	1 115 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	336 000	549 000	94 000	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 151 000	2 640 000	2 075 000	433 000
Total Tangible Assets	3 151 000	2 640 000	2 075 000	433 000
Total Fiancial Fixed Assets	0	26 000	0	40 000
Total Fixed Assets	3 488 000	3 215 000	2 170 000	505 000
Stock	2 886 000	2 048 000	2 056 000	1 909 000
Total Investments	0	0	0	0
Cash, Bank	2 119 000	6 012 000	3 520 000	1 791 000
Total Current Assets	29 075 000	26 024 000	36 243 000	15 404 000
Total Assets	32 563 000	29 238 000	38 413 000	15 909 000
Total Equity	12 172 000	9 407 000	4 049 000	3 198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 103 000	6 476 000	2 234 000	1 963 000
Creditors	7 341 000	5 828 000	12 224 000	3 651 000
Unpaid Taxes	3 685 000	4 168 000	2 762 000	2 613 000
Dividends	0	0	11 200 000	1 000 000
Other Current Debt	3 262 000	3 360 000	2 529 000	3 168 000
Total Current Debt	14 288 000	13 356 000	32 130 000	10 749 000
Total Equity and Debt	32 563 000	29 238 000	38 413 000	15 909 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,72 %	−17,46 %	297,65 %	34,87 %
Debt-to-Equity Ratio	0,5	0,69	0,55	0,61
Operating Profit Margin	0,87 %	−2,25 %	15,95 %	3,44 %
Current Ratio	2,03	1,95	1,13	1,43
Quick Ratio	2,55	2,3	1,21	1,74
Equity Ratio	0,37	0,32	0,11	0,2
Gross Profit Margin	34,31 %	36,69 %	47,06 %	54,82 %