MA. VVS AS

3442 HYGGEN

Finances

Share Ownership

Return on Equity

29,65 %

Current Ratio

2,48

Debt-to-Equity Ratio

7,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 711 000	1 479 000	455 000	0
Net Income	67 000	94 000	68 000	−32 000
Total Assets	2 673 000	915 000	701 000	1 000
Total Equity	226 000	159 000	66 000	−2 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 711 000	1 479 000	455 000	0
Expenditure	1 593 000	1 342 000	375 000	31 000
Operating Profit	118 000	136 000	81 000	−32 000
Financial Income	0	0	0	0
Financial Costs	15 000	16 000	3 000	0
Financial Balance	−15 000	−16 000	−3 000	0
Earnings Before Tax	102 000	120 000	78 000	−32 000
Tax	36 000	27 000	10 000	0
Net Income	67 000	94 000	68 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 010 000	440 000	443 000	0
Total Current Assets	1 663 000	475 000	258 000	1 000
Total Assets	2 673 000	915 000	701 000	1 000
Total Retained Equity	196 000	129 000	36 000	−32 000
Total Equity	226 000	159 000	66 000	−2 000
Total Long-Term Debt	1 777 000	258 000	315 000	0
Total Current Debt	670 000	498 000	320 000	2 000
Total Equity and Debt	2 673 000	915 000	701 000	1 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 703 000	1 479 000	455 000	0
Other Income	8 000	0	0	0
Revenue	1 711 000	1 479 000	455 000	0
Cost of Goods Sold	427 000	688 000	133 000	8 000
Salary Costs	24 000	56 000	0	0
Depreciation	233 000	127 000	53 000	0
Impairment	0	0	0	0
Expenditure	1 593 000	1 342 000	375 000	31 000
Operating Profit	118 000	136 000	81 000	−32 000
Financial Income	0	0	0	0
Financial Costs	15 000	16 000	3 000	0
Financial Balance	−15 000	−16 000	−3 000	0
Dividends	0	0	0	0
Net Income	67 000	94 000	68 000	−32 000

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	1 010 000	440 000	443 000	0
Total Tangible Assets	1 010 000	440 000	443 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 010 000	440 000	443 000	0
Stock	620 000	170 000	95 000	0
Total Investments	0	0	0	0
Cash, Bank	11 000	62 000	4 000	1 000
Total Current Assets	1 663 000	475 000	258 000	1 000
Total Assets	2 673 000	915 000	701 000	1 000
Total Equity	226 000	159 000	66 000	−2 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 777 000	258 000	315 000	0
Creditors	368 000	290 000	38 000	0
Unpaid Taxes	3 000	1 000	8 000	0
Dividends	0	0	0	0
Other Current Debt	251 000	182 000	274 000	2 000
Total Current Debt	670 000	498 000	320 000	2 000
Total Equity and Debt	2 673 000	915 000	701 000	1 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,65 %	59,12 %	103,03 %	1 600 %
Debt-to-Equity Ratio	7,86	1,62	4,77	−0
Operating Profit Margin	6,9 %	9,2 %	17,8 %	-
Current Ratio	2,48	0,95	0,81	0,5
Quick Ratio	33,26	1,45	1,15	0,5
Equity Ratio	0,08	0,17	0,09	−2
Gross Profit Margin	75,04 %	53,48 %	70,77 %	-