VVS NORD AS

9711 LAKSELV

Finances

Return on Equity

−54 %

Current Ratio

0,99

Debt-to-Equity Ratio

−3,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 931 000	8 381 000	13 234 000	12 013 000
Net Income	54 000	−1 487 000	372 000	−1 651 000
Total Assets	3 831 000	6 248 000	8 894 000	6 960 000
Total Equity	−100 000	−154 000	1 333 000	961 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 931 000	8 381 000	13 234 000	12 013 000
Expenditure	3 751 000	9 830 000	12 773 000	13 604 000
Operating Profit	179 000	−1 449 000	462 000	−1 591 000
Financial Income	22 000	51 000	56 000	39 000
Financial Costs	147 000	89 000	145 000	190 000
Financial Balance	−125 000	−38 000	−89 000	−151 000
Earnings Before Tax	54 000	−1 487 000	372 000	−1 742 000
Tax	0	0	0	−91 000
Net Income	54 000	−1 487 000	372 000	−1 651 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	228 000	279 000	612 000	861 000
Total Current Assets	3 602 000	5 969 000	8 282 000	6 099 000
Total Assets	3 831 000	6 248 000	8 894 000	6 960 000
Total Retained Equity	−834 000	−888 000	599 000	227 000
Total Equity	−100 000	−154 000	1 333 000	961 000
Total Long-Term Debt	305 000	878 000	1 609 000	979 000
Total Current Debt	3 627 000	5 524 000	5 952 000	5 019 000
Total Equity and Debt	3 831 000	6 248 000	8 894 000	6 960 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 324 000	8 041 000	13 232 000	11 432 000
Other Income	1 607 000	340 000	2 000	581 000
Revenue	3 931 000	8 381 000	13 234 000	12 013 000
Cost of Goods Sold	805 000	3 811 000	6 118 000	4 626 000
Salary Costs	3 093 000	4 383 000	3 540 000	5 566 000
Depreciation	50 000	197 000	232 000	293 000
Impairment	0	0	0	0
Expenditure	3 751 000	9 830 000	12 773 000	13 604 000
Operating Profit	179 000	−1 449 000	462 000	−1 591 000
Financial Income	22 000	51 000	56 000	39 000
Financial Costs	147 000	89 000	145 000	190 000
Financial Balance	−125 000	−38 000	−89 000	−151 000
Dividends	0	0	0	0
Net Income	54 000	−1 487 000	372 000	−1 651 000

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	184 000	234 000	568 000	763 000
Total Tangible Assets	184 000	234 000	568 000	763 000
Total Fiancial Fixed Assets	45 000	45 000	45 000	98 000
Total Fixed Assets	228 000	279 000	612 000	861 000
Stock	2 901 000	2 673 000	3 200 000	2 931 000
Total Investments	0	0	0	0
Cash, Bank	159 000	213 000	306 000	271 000
Total Current Assets	3 602 000	5 969 000	8 282 000	6 099 000
Total Assets	3 831 000	6 248 000	8 894 000	6 960 000
Total Equity	−100 000	−154 000	1 333 000	961 000
Short-Term Group Debt	412 000	490 000	0	0
Total Long-Term Debt	305 000	878 000	1 609 000	979 000
Creditors	151 000	2 952 000	3 494 000	1 411 000
Unpaid Taxes	455 000	337 000	1 073 000	544 000
Dividends	0	0	0	0
Other Current Debt	579 000	768 000	862 000	1 471 000
Total Current Debt	3 627 000	5 524 000	5 952 000	5 019 000
Total Equity and Debt	3 831 000	6 248 000	8 894 000	6 960 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−54 %	965,58 %	27,91 %	−171,8 %
Debt-to-Equity Ratio	−3,05	−5,7	1,21	1,02
Operating Profit Margin	4,55 %	−17,29 %	3,49 %	−13,24 %
Current Ratio	0,99	1,08	1,39	1,22
Quick Ratio	4,96	2,09	3,01	2,92
Equity Ratio	−0,03	−0,02	0,15	0,14
Gross Profit Margin	79,52 %	54,53 %	53,77 %	61,49 %