VVS RØRMONTASJE AS

5265 YTRE ARNA

Finances

Share Ownership

Return on Equity

6,12 %

Current Ratio

2,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 045 000	6 596 000	8 705 000	6 790 000
Net Income	164 000	293 000	821 000	520 000
Total Assets	3 964 000	4 948 000	4 203 000	3 551 000
Total Equity	2 679 000	3 115 000	2 822 000	2 166 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 045 000	6 596 000	8 705 000	6 790 000
Expenditure	4 840 000	6 209 000	7 643 000	6 122 000
Operating Profit	205 000	387 000	1 062 000	668 000
Financial Income	1 000	0	2 000	2 000
Financial Costs	2 000	5 000	2 000	2 000
Financial Balance	−1 000	−5 000	0	0
Earnings Before Tax	203 000	383 000	1 061 000	667 000
Tax	39 000	90 000	241 000	147 000
Net Income	164 000	293 000	821 000	520 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	221 000	337 000	547 000	577 000
Total Current Assets	3 744 000	4 611 000	3 657 000	2 975 000
Total Assets	3 964 000	4 948 000	4 203 000	3 551 000
Total Retained Equity	2 612 000	3 048 000	2 755 000	2 066 000
Total Equity	2 679 000	3 115 000	2 822 000	2 166 000
Total Long-Term Debt	0	0	25 000	35 000
Total Current Debt	1 285 000	1 833 000	1 356 000	1 350 000
Total Equity and Debt	3 964 000	4 948 000	4 203 000	3 551 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 045 000	6 596 000	8 705 000	6 790 000
Other Income	0	0	0	0
Revenue	5 045 000	6 596 000	8 705 000	6 790 000
Cost of Goods Sold	1 040 000	1 610 000	2 497 000	1 430 000
Salary Costs	2 783 000	3 464 000	3 970 000	3 693 000
Depreciation	68 000	86 000	110 000	68 000
Impairment	0	0	0	0
Expenditure	4 840 000	6 209 000	7 643 000	6 122 000
Operating Profit	205 000	387 000	1 062 000	668 000
Financial Income	1 000	0	2 000	2 000
Financial Costs	2 000	5 000	2 000	2 000
Financial Balance	−1 000	−5 000	0	0
Dividends	0	0	0	0
Net Income	164 000	293 000	821 000	520 000

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	438 000	440 000
Fixtures	220 000	336 000	108 000	136 000
Total Tangible Assets	220 000	336 000	546 000	576 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	221 000	337 000	547 000	577 000
Stock	50 000	103 000	68 000	152 000
Total Investments	0	0	0	0
Cash, Bank	2 499 000	2 597 000	1 937 000	1 167 000
Total Current Assets	3 744 000	4 611 000	3 657 000	2 975 000
Total Assets	3 964 000	4 948 000	4 203 000	3 551 000
Total Equity	2 679 000	3 115 000	2 822 000	2 166 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	25 000	35 000
Creditors	106 000	58 000	104 000	2 000
Unpaid Taxes	585 000	906 000	576 000	870 000
Dividends	0	0	0	0
Other Current Debt	555 000	754 000	426 000	342 000
Total Current Debt	1 285 000	1 833 000	1 356 000	1 350 000
Total Equity and Debt	3 964 000	4 948 000	4 203 000	3 551 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,12 %	9,41 %	29,09 %	24,01 %
Debt-to-Equity Ratio	0	0	0,01	0,02
Operating Profit Margin	4,06 %	5,87 %	12,2 %	9,84 %
Current Ratio	2,91	2,52	2,7	2,2
Quick Ratio	3,03	2,67	2,84	2,48
Equity Ratio	0,68	0,63	0,67	0,61
Gross Profit Margin	79,39 %	75,59 %	71,32 %	78,94 %