REIS VVS AS

3256 LARVIK

Finances

Return on Equity

77,77 %

Current Ratio

1,28

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020
Revenue	9 616 000	4 294 000	3 002 000
Net Income	1 046 000	785 000	275 000
Total Assets	5 603 000	2 202 000	808 000
Total Equity	1 345 000	1 001 000	373 000

Income (NOK)	2022	2021	2020
Revenue	9 616 000	4 294 000	3 002 000
Expenditure	8 222 000	3 270 000	2 635 000
Operating Profit	1 395 000	1 023 000	366 000
Financial Income	10 000	0	0
Financial Costs	64 000	21 000	9 000
Financial Balance	−54 000	−21 000	−9 000
Earnings Before Tax	1 341 000	1 002 000	358 000
Tax	295 000	217 000	83 000
Net Income	1 046 000	785 000	275 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 882 000	723 000	55 000
Total Current Assets	3 721 000	1 478 000	753 000
Total Assets	5 603 000	2 202 000	808 000
Total Retained Equity	1 246 000	903 000	275 000
Total Equity	1 345 000	1 001 000	373 000
Total Long-Term Debt	1 359 000	133 000	0
Total Current Debt	2 900 000	1 067 000	435 000
Total Equity and Debt	5 603 000	2 202 000	808 000

Cash flow (NOK)	2022	2021	2020
Sales Income	9 616 000	4 294 000	3 002 000
Other Income	0	0	0
Revenue	9 616 000	4 294 000	3 002 000
Cost of Goods Sold	5 036 000	1 764 000	1 178 000
Salary Costs	2 017 000	940 000	984 000
Depreciation	170 000	10 000	0
Impairment	0	0	0
Expenditure	8 222 000	3 270 000	2 635 000
Operating Profit	1 395 000	1 023 000	366 000
Financial Income	10 000	0	0
Financial Costs	64 000	21 000	9 000
Financial Balance	−54 000	−21 000	−9 000
Dividends	0	0	0
Net Income	1 046 000	785 000	275 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	1 340 000	145 000	0
Total Tangible Assets	1 340 000	145 000	0
Total Fiancial Fixed Assets	542 000	579 000	55 000
Total Fixed Assets	1 882 000	723 000	55 000
Stock	166 000	260 000	0
Total Investments	0	0	0
Cash, Bank	2 637 000	297 000	502 000
Total Current Assets	3 721 000	1 478 000	753 000
Total Assets	5 603 000	2 202 000	808 000
Total Equity	1 345 000	1 001 000	373 000
Short-Term Group Debt	1 065 000	202 000	0
Total Long-Term Debt	1 359 000	133 000	0
Creditors	909 000	360 000	143 000
Unpaid Taxes	442 000	217 000	105 000
Dividends	0	0	0
Other Current Debt	388 000	117 000	105 000
Total Current Debt	2 900 000	1 067 000	435 000
Total Equity and Debt	5 603 000	2 202 000	808 000

Financial indicators	2022	2021	2020
Return on Equity	77,77 %	78,42 %	73,73 %
Debt-to-Equity Ratio	1,01	0,13	0
Operating Profit Margin	14,51 %	23,82 %	12,19 %
Current Ratio	1,28	1,39	1,73
Quick Ratio	1,36	1,83	1,73
Equity Ratio	0,24	0,45	0,46
Gross Profit Margin	47,63 %	58,92 %	60,76 %