VVS-TEAM AS

6416 MOLDE

Finances

Return on Equity

88,02 %

Current Ratio

1,92

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 131 000	23 636 000	23 645 000	21 205 000
Net Income	2 776 000	1 983 000	1 131 000	2 520 000
Total Assets	11 082 000	10 785 000	12 300 000	13 612 000
Total Equity	3 154 000	6 378 000	7 895 000	6 765 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 131 000	23 636 000	23 645 000	21 205 000
Expenditure	21 013 000	21 132 000	22 238 000	19 062 000
Operating Profit	2 118 000	2 504 000	1 407 000	2 142 000
Financial Income	1 146 000	37 000	40 000	866 000
Financial Costs	1 000	0	0	8 000
Financial Balance	1 145 000	37 000	40 000	858 000
Earnings Before Tax	3 264 000	2 541 000	1 446 000	3 001 000
Tax	487 000	559 000	316 000	481 000
Net Income	2 776 000	1 983 000	1 131 000	2 520 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 639 000	2 406 000	2 024 000	2 270 000
Total Current Assets	9 443 000	8 379 000	10 277 000	11 342 000
Total Assets	11 082 000	10 785 000	12 300 000	13 612 000
Total Retained Equity	3 054 000	6 278 000	7 795 000	6 665 000
Total Equity	3 154 000	6 378 000	7 895 000	6 765 000
Total Long-Term Debt	3 000 000	0	5 000	13 000
Total Current Debt	4 928 000	4 407 000	4 400 000	6 835 000
Total Equity and Debt	11 082 000	10 785 000	12 300 000	13 612 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 101 000	23 636 000	23 645 000	21 167 000
Other Income	30 000	0	0	38 000
Revenue	23 131 000	23 636 000	23 645 000	21 205 000
Cost of Goods Sold	8 297 000	8 466 000	9 274 000	6 828 000
Salary Costs	8 625 000	8 958 000	9 312 000	8 802 000
Depreciation	293 000	297 000	263 000	242 000
Impairment	0	0	0	0
Expenditure	21 013 000	21 132 000	22 238 000	19 062 000
Operating Profit	2 118 000	2 504 000	1 407 000	2 142 000
Financial Income	1 146 000	37 000	40 000	866 000
Financial Costs	1 000	0	0	8 000
Financial Balance	1 145 000	37 000	40 000	858 000
Dividends	0	0	0	3 000 000
Net Income	2 776 000	1 983 000	1 131 000	2 520 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	3 000	39 000
Total Intangible Assets	0	0	3 000	39 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	222 000	292 000	0	0
Fixtures	853 000	1 076 000	1 189 000	1 399 000
Total Tangible Assets	1 075 000	1 368 000	1 189 000	1 399 000
Total Fiancial Fixed Assets	565 000	1 038 000	832 000	832 000
Total Fixed Assets	1 639 000	2 406 000	2 024 000	2 270 000
Stock	1 510 000	1 399 000	1 577 000	1 633 000
Total Investments	0	0	0	0
Cash, Bank	3 389 000	3 233 000	4 937 000	7 090 000
Total Current Assets	9 443 000	8 379 000	10 277 000	11 342 000
Total Assets	11 082 000	10 785 000	12 300 000	13 612 000
Total Equity	3 154 000	6 378 000	7 895 000	6 765 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000 000	0	5 000	13 000
Creditors	1 542 000	1 133 000	1 400 000	885 000
Unpaid Taxes	1 646 000	1 416 000	1 610 000	1 439 000
Dividends	0	0	0	3 000 000
Other Current Debt	1 252 000	1 295 000	1 066 000	1 048 000
Total Current Debt	4 928 000	4 407 000	4 400 000	6 835 000
Total Equity and Debt	11 082 000	10 785 000	12 300 000	13 612 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,02 %	31,09 %	14,33 %	37,25 %
Debt-to-Equity Ratio	0,95	0	0	0
Operating Profit Margin	9,16 %	10,59 %	5,95 %	10,1 %
Current Ratio	1,92	1,9	2,34	1,66
Quick Ratio	2,76	2,79	3,64	2,18
Equity Ratio	0,28	0,59	0,64	0,5
Gross Profit Margin	64,13 %	64,18 %	60,78 %	67,8 %