VVS EKSPERTEN ASKØY AS

5305 FLORVÅG

Finances

Return on Equity

−235,71 %

Current Ratio

1,18

Debt-to-Equity Ratio

8,6

Key figures (NOK)	2022	2021	2020
Revenue	14 553 000	11 913 000	1 809 000
Net Income	−231 000	178 000	281 000
Total Assets	3 529 000	4 064 000	2 205 000
Total Equity	98 000	329 000	151 000

Income (NOK)	2022	2021	2020
Revenue	14 553 000	11 913 000	1 809 000
Expenditure	14 739 000	11 603 000	1 428 000
Operating Profit	−187 000	310 000	381 000
Financial Income	3 000	0	0
Financial Costs	47 000	40 000	21 000
Financial Balance	−44 000	−40 000	−21 000
Earnings Before Tax	−231 000	270 000	360 000
Tax	0	92 000	79 000
Net Income	−231 000	178 000	281 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	479 000	587 000	246 000
Total Current Assets	3 050 000	3 476 000	1 959 000
Total Assets	3 529 000	4 064 000	2 205 000
Total Retained Equity	−17 000	214 000	36 000
Total Equity	98 000	329 000	151 000
Total Long-Term Debt	843 000	1 116 000	915 000
Total Current Debt	2 588 000	2 619 000	1 139 000
Total Equity and Debt	3 529 000	4 064 000	2 205 000

Cash flow (NOK)	2022	2021	2020
Sales Income	14 553 000	11 913 000	1 732 000
Other Income	0	0	77 000
Revenue	14 553 000	11 913 000	1 809 000
Cost of Goods Sold	7 649 000	6 412 000	768 000
Salary Costs	4 538 000	2 999 000	288 000
Depreciation	146 000	69 000	16 000
Impairment	0	0	0
Expenditure	14 739 000	11 603 000	1 428 000
Operating Profit	−187 000	310 000	381 000
Financial Income	3 000	0	0
Financial Costs	47 000	40 000	21 000
Financial Balance	−44 000	−40 000	−21 000
Dividends	0	0	0
Net Income	−231 000	178 000	281 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	129 000	178 000	226 000
Machinery and Plant Facilities	0	0	0
Fixtures	330 000	390 000	0
Total Tangible Assets	459 000	567 000	226 000
Total Fiancial Fixed Assets	20 000	20 000	20 000
Total Fixed Assets	479 000	587 000	246 000
Stock	1 116 000	1 003 000	847 000
Total Investments	0	0	0
Cash, Bank	362 000	814 000	709 000
Total Current Assets	3 050 000	3 476 000	1 959 000
Total Assets	3 529 000	4 064 000	2 205 000
Total Equity	98 000	329 000	151 000
Short-Term Group Debt	624 000	495 000	334 000
Total Long-Term Debt	843 000	1 116 000	915 000
Creditors	769 000	1 349 000	673 000
Unpaid Taxes	741 000	407 000	96 000
Dividends	0	0	0
Other Current Debt	455 000	275 000	25 000
Total Current Debt	2 588 000	2 619 000	1 139 000
Total Equity and Debt	3 529 000	4 064 000	2 205 000

Financial indicators	2022	2021	2020
Return on Equity	−235,71 %	54,1 %	186,09 %
Debt-to-Equity Ratio	8,6	3,39	6,06
Operating Profit Margin	−1,28 %	2,6 %	21,06 %
Current Ratio	1,18	1,33	1,72
Quick Ratio	2,07	2,15	6,71
Equity Ratio	0,03	0,08	0,07
Gross Profit Margin	47,44 %	46,18 %	57,55 %