Mjøen VVS A/S

7332 LØKKEN VERK

Finances

Share Ownership

Return on Equity

−1,85 %

Current Ratio

2,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 565 000	3 468 000	3 123 000	2 780 000
Net Income	−38 000	105 000	84 000	39 000
Total Assets	2 944 000	2 615 000	2 410 000	2 182 000
Total Equity	2 053 000	2 091 000	1 986 000	1 902 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 565 000	3 468 000	3 123 000	2 780 000
Expenditure	3 622 000	3 345 000	3 035 000	2 760 000
Operating Profit	−56 000	122 000	88 000	19 000
Financial Income	19 000	11 000	20 000	28 000
Financial Costs	1 000	2 000	1 000	3 000
Financial Balance	18 000	9 000	19 000	25 000
Earnings Before Tax	−38 000	131 000	107 000	44 000
Tax	0	26 000	24 000	5 000
Net Income	−38 000	105 000	84 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	535 000	0	0	1 000
Total Current Assets	2 409 000	2 615 000	2 410 000	2 182 000
Total Assets	2 944 000	2 615 000	2 410 000	2 182 000
Total Retained Equity	1 953 000	1 991 000	1 886 000	1 802 000
Total Equity	2 053 000	2 091 000	1 986 000	1 902 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	891 000	524 000	424 000	280 000
Total Equity and Debt	2 944 000	2 615 000	2 410 000	2 182 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 556 000	3 468 000	3 121 000	2 780 000
Other Income	9 000	0	2 000	0
Revenue	3 565 000	3 468 000	3 123 000	2 780 000
Cost of Goods Sold	1 959 000	1 933 000	1 684 000	1 459 000
Salary Costs	1 104 000	928 000	862 000	798 000
Depreciation	49 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 622 000	3 345 000	3 035 000	2 760 000
Operating Profit	−56 000	122 000	88 000	19 000
Financial Income	19 000	11 000	20 000	28 000
Financial Costs	1 000	2 000	1 000	3 000
Financial Balance	18 000	9 000	19 000	25 000
Dividends	0	0	0	0
Net Income	−38 000	105 000	84 000	39 000

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	535 000	0	0	0
Total Tangible Assets	535 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	1 000
Total Fixed Assets	535 000	0	0	1 000
Stock	354 000	344 000	338 000	436 000
Total Investments	0	0	0	0
Cash, Bank	1 810 000	2 138 000	1 913 000	1 644 000
Total Current Assets	2 409 000	2 615 000	2 410 000	2 182 000
Total Assets	2 944 000	2 615 000	2 410 000	2 182 000
Total Equity	2 053 000	2 091 000	1 986 000	1 902 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	668 000	226 000	201 000	93 000
Unpaid Taxes	100 000	160 000	96 000	90 000
Dividends	0	0	0	0
Other Current Debt	123 000	112 000	103 000	92 000
Total Current Debt	891 000	524 000	424 000	280 000
Total Equity and Debt	2 944 000	2 615 000	2 410 000	2 182 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,85 %	5,02 %	4,23 %	2,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,57 %	3,52 %	2,82 %	0,68 %
Current Ratio	2,7	4,99	5,68	7,79
Quick Ratio	4,49	14,53	28,02	−13,99
Equity Ratio	0,7	0,8	0,82	0,87
Gross Profit Margin	45,05 %	44,26 %	46,08 %	47,52 %