LOE VVS PROSJEKT AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

83,92 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 312 000	4 843 000	3 934 000	1 620 000
Net Income	522 000	395 000	452 000	535 000
Total Assets	2 705 000	1 914 000	1 787 000	1 171 000
Total Equity	622 000	456 000	381 000	429 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 312 000	4 843 000	3 934 000	1 620 000
Expenditure	5 644 000	4 332 000	3 353 000	936 000
Operating Profit	669 000	510 000	581 000	685 000
Financial Income	2 000	0	0	0
Financial Costs	2 000	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Earnings Before Tax	670 000	510 000	580 000	684 000
Tax	147 000	115 000	129 000	149 000
Net Income	522 000	395 000	452 000	535 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 000	88 000	113 000	104 000
Total Current Assets	2 638 000	1 826 000	1 674 000	1 067 000
Total Assets	2 705 000	1 914 000	1 787 000	1 171 000
Total Retained Equity	428 000	262 000	187 000	235 000
Total Equity	622 000	456 000	381 000	429 000
Total Long-Term Debt	0	0	3 000	4 000
Total Current Debt	2 083 000	1 457 000	1 403 000	738 000
Total Equity and Debt	2 705 000	1 914 000	1 787 000	1 171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 312 000	4 905 000	3 872 000	1 620 000
Other Income	0	−62 000	62 000	0
Revenue	6 312 000	4 843 000	3 934 000	1 620 000
Cost of Goods Sold	386 000	452 000	293 000	0
Salary Costs	4 279 000	2 980 000	2 294 000	670 000
Depreciation	55 000	61 000	45 000	18 000
Impairment	0	0	0	0
Expenditure	5 644 000	4 332 000	3 353 000	936 000
Operating Profit	669 000	510 000	581 000	685 000
Financial Income	2 000	0	0	0
Financial Costs	2 000	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Dividends	200 000	320 000	500 000	300 000
Net Income	522 000	395 000	452 000	535 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	55 000	86 000	113 000	104 000
Total Tangible Assets	55 000	86 000	113 000	104 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	67 000	88 000	113 000	104 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 445 000	993 000	998 000	520 000
Total Current Assets	2 638 000	1 826 000	1 674 000	1 067 000
Total Assets	2 705 000	1 914 000	1 787 000	1 171 000
Total Equity	622 000	456 000	381 000	429 000
Short-Term Group Debt	200 000	0	0	0
Total Long-Term Debt	0	0	3 000	4 000
Creditors	141 000	40 000	99 000	37 000
Unpaid Taxes	548 000	251 000	224 000	179 000
Dividends	200 000	320 000	500 000	300 000
Other Current Debt	880 000	727 000	450 000	77 000
Total Current Debt	2 083 000	1 457 000	1 403 000	738 000
Total Equity and Debt	2 705 000	1 914 000	1 787 000	1 171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,92 %	86,62 %	118,64 %	124,71 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	10,6 %	10,53 %	14,77 %	42,28 %
Current Ratio	1,27	1,25	1,19	1,45
Quick Ratio	1,27	1,25	1,19	1,45
Equity Ratio	0,23	0,24	0,21	0,37
Gross Profit Margin	93,88 %	90,67 %	92,55 %	100 %