FUNKSJONELL VVS AS

0692 OSLO

Finances

Return on Equity

42,6 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 047 000	19 300 000	23 434 000	23 836 000
Net Income	921 000	1 378 000	1 610 000	2 512 000
Total Assets	7 360 000	6 912 000	5 904 000	7 138 000
Total Equity	2 162 000	1 941 000	1 563 000	954 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 047 000	19 300 000	23 434 000	23 836 000
Expenditure	20 866 000	17 544 000	21 412 000	20 638 000
Operating Profit	1 180 000	1 756 000	2 022 000	3 199 000
Financial Income	48 000	52 000	52 000	47 000
Financial Costs	47 000	37 000	9 000	14 000
Financial Balance	1 000	15 000	43 000	33 000
Earnings Before Tax	1 181 000	1 771 000	2 065 000	3 231 000
Tax	260 000	394 000	456 000	719 000
Net Income	921 000	1 378 000	1 610 000	2 512 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 286 000	1 244 000	110 000	147 000
Total Current Assets	6 074 000	5 668 000	5 794 000	6 991 000
Total Assets	7 360 000	6 912 000	5 904 000	7 138 000
Total Retained Equity	1 456 000	1 235 000	857 000	248 000
Total Equity	2 162 000	1 941 000	1 563 000	954 000
Total Long-Term Debt	1 241 000	1 105 000	134 000	224 000
Total Current Debt	3 957 000	3 866 000	4 206 000	5 961 000
Total Equity and Debt	7 360 000	6 912 000	5 904 000	7 138 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 047 000	19 080 000	23 434 000	23 831 000
Other Income	0	220 000	0	5 000
Revenue	22 047 000	19 300 000	23 434 000	23 836 000
Cost of Goods Sold	8 542 000	7 210 000	10 280 000	8 754 000
Salary Costs	8 910 000	7 584 000	8 003 000	8 704 000
Depreciation	352 000	202 000	46 000	105 000
Impairment	0	0	0	0
Expenditure	20 866 000	17 544 000	21 412 000	20 638 000
Operating Profit	1 180 000	1 756 000	2 022 000	3 199 000
Financial Income	48 000	52 000	52 000	47 000
Financial Costs	47 000	37 000	9 000	14 000
Financial Balance	1 000	15 000	43 000	33 000
Dividends	700 000	1 000 000	1 000 000	2 500 000
Net Income	921 000	1 378 000	1 610 000	2 512 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	71 000	85 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 283 000	1 241 000	31 000	57 000
Total Tangible Assets	1 283 000	1 241 000	31 000	57 000
Total Fiancial Fixed Assets	3 000	3 000	8 000	5 000
Total Fixed Assets	1 286 000	1 244 000	110 000	147 000
Stock	461 000	502 000	362 000	434 000
Total Investments	0	0	0	0
Cash, Bank	2 509 000	2 827 000	3 695 000	5 388 000
Total Current Assets	6 074 000	5 668 000	5 794 000	6 991 000
Total Assets	7 360 000	6 912 000	5 904 000	7 138 000
Total Equity	2 162 000	1 941 000	1 563 000	954 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 241 000	1 105 000	134 000	224 000
Creditors	460 000	810 000	704 000	890 000
Unpaid Taxes	1 217 000	1 046 000	1 287 000	1 062 000
Dividends	700 000	1 000 000	1 000 000	2 500 000
Other Current Debt	1 330 000	714 000	773 000	775 000
Total Current Debt	3 957 000	3 866 000	4 206 000	5 961 000
Total Equity and Debt	7 360 000	6 912 000	5 904 000	7 138 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,6 %	70,99 %	103,01 %	263,31 %
Debt-to-Equity Ratio	0,57	0,57	0,09	0,23
Operating Profit Margin	5,35 %	9,1 %	8,63 %	13,42 %
Current Ratio	1,54	1,47	1,38	1,17
Quick Ratio	1,74	1,68	1,51	1,26
Equity Ratio	0,29	0,28	0,26	0,13
Gross Profit Margin	61,26 %	62,64 %	56,13 %	63,27 %