VVS KONTAKTEN AS

1188 OSLO

Finances

Share Ownership

Return on Equity

9,49 %

Current Ratio

1,4

Debt-to-Equity Ratio

1,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	184 567 000	123 760 000	104 216 000	62 319 000
Net Income	767 000	822 000	556 000	5 833 000
Total Assets	52 041 000	43 912 000	37 582 000	27 373 000
Total Equity	8 078 000	7 310 000	6 488 000	5 933 000

Income (NOK)	2022	2021	2020	2019
Revenue	184 567 000	123 760 000	104 216 000	62 319 000
Expenditure	182 891 000	122 238 000	103 177 000	54 424 000
Operating Profit	1 676 000	1 522 000	1 039 000	7 894 000
Financial Income	3 000	4 000	26 000	4 000
Financial Costs	692 000	472 000	352 000	424 000
Financial Balance	−689 000	−468 000	−326 000	−420 000
Earnings Before Tax	987 000	1 054 000	713 000	7 475 000
Tax	219 000	232 000	157 000	1 642 000
Net Income	767 000	822 000	556 000	5 833 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 873 000	6 985 000	6 507 000	6 810 000
Total Current Assets	45 168 000	36 927 000	31 074 000	20 563 000
Total Assets	52 041 000	43 912 000	37 582 000	27 373 000
Total Retained Equity	7 978 000	7 210 000	6 388 000	5 833 000
Total Equity	8 078 000	7 310 000	6 488 000	5 933 000
Total Long-Term Debt	11 743 000	11 952 000	11 992 000	8 340 000
Total Current Debt	32 221 000	24 650 000	19 102 000	13 101 000
Total Equity and Debt	52 041 000	43 912 000	37 582 000	27 373 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	184 029 000	123 516 000	104 154 000	62 319 000
Other Income	539 000	244 000	62 000	0
Revenue	184 567 000	123 760 000	104 216 000	62 319 000
Cost of Goods Sold	126 320 000	73 332 000	64 306 000	30 721 000
Salary Costs	43 418 000	38 149 000	30 023 000	17 625 000
Depreciation	2 048 000	2 071 000	1 802 000	887 000
Impairment	0	0	0	0
Expenditure	182 891 000	122 238 000	103 177 000	54 424 000
Operating Profit	1 676 000	1 522 000	1 039 000	7 894 000
Financial Income	3 000	4 000	26 000	4 000
Financial Costs	692 000	472 000	352 000	424 000
Financial Balance	−689 000	−468 000	−326 000	−420 000
Dividends	0	0	0	0
Net Income	767 000	822 000	556 000	5 833 000

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	6 767 000	6 949 000	6 426 000	6 810 000
Total Tangible Assets	6 767 000	6 949 000	6 426 000	6 810 000
Total Fiancial Fixed Assets	106 000	36 000	81 000	0
Total Fixed Assets	6 873 000	6 985 000	6 507 000	6 810 000
Stock	3 799 000	2 229 000	1 980 000	179 000
Total Investments	0	0	0	0
Cash, Bank	1 411 000	4 442 000	4 355 000	1 301 000
Total Current Assets	45 168 000	36 927 000	31 074 000	20 563 000
Total Assets	52 041 000	43 912 000	37 582 000	27 373 000
Total Equity	8 078 000	7 310 000	6 488 000	5 933 000
Short-Term Group Debt	2 126 000	1 278 000	0	397 000
Total Long-Term Debt	11 743 000	11 952 000	11 992 000	8 340 000
Creditors	15 389 000	13 344 000	7 401 000	4 866 000
Unpaid Taxes	4 046 000	6 134 000	4 496 000	3 974 000
Dividends	0	0	0	0
Other Current Debt	3 722 000	3 894 000	2 317 000	2 641 000
Total Current Debt	32 221 000	24 650 000	19 102 000	13 101 000
Total Equity and Debt	52 041 000	43 912 000	37 582 000	27 373 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,49 %	11,24 %	8,57 %	98,31 %
Debt-to-Equity Ratio	1,45	1,64	1,85	1,41
Operating Profit Margin	0,91 %	1,23 %	1 %	12,67 %
Current Ratio	1,4	1,5	1,63	1,57
Quick Ratio	1,59	1,65	1,81	1,59
Equity Ratio	0,16	0,17	0,17	0,22
Gross Profit Margin	31,56 %	40,75 %	38,3 %	50,7 %