VVS FINANS AS

1481 HAGAN

Finances

Return on Equity

35,52 %

Current Ratio

1,39

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 235 000	21 352 000	19 392 000	20 343 000
Net Income	2 258 000	2 332 000	2 334 000	2 472 000
Total Assets	11 335 000	11 014 000	10 050 000	9 288 000
Total Equity	6 357 000	4 099 000	3 267 000	2 493 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 235 000	21 352 000	19 392 000	20 343 000
Expenditure	19 339 000	18 361 000	16 397 000	17 173 000
Operating Profit	2 895 000	2 992 000	2 995 000	3 170 000
Financial Income	8 000	13 000	6 000	9 000
Financial Costs	3 000	11 000	5 000	6 000
Financial Balance	5 000	2 000	1 000	3 000
Earnings Before Tax	2 900 000	2 994 000	2 996 000	3 173 000
Tax	642 000	661 000	662 000	700 000
Net Income	2 258 000	2 332 000	2 334 000	2 472 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 495 000	5 511 000	5 393 000	5 722 000
Total Current Assets	6 840 000	5 503 000	4 658 000	3 565 000
Total Assets	11 335 000	11 014 000	10 050 000	9 288 000
Total Retained Equity	6 157 000	3 899 000	3 067 000	2 293 000
Total Equity	6 357 000	4 099 000	3 267 000	2 493 000
Total Long-Term Debt	54 000	411 000	501 000	593 000
Total Current Debt	4 923 000	6 504 000	6 282 000	6 202 000
Total Equity and Debt	11 335 000	11 014 000	10 050 000	9 288 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 081 000	21 352 000	19 392 000	20 241 000
Other Income	154 000	0	0	102 000
Revenue	22 235 000	21 352 000	19 392 000	20 343 000
Cost of Goods Sold	0	7 000	8 000	0
Salary Costs	13 737 000	12 995 000	12 132 000	12 823 000
Depreciation	178 000	286 000	280 000	334 000
Impairment	0	0	0	0
Expenditure	19 339 000	18 361 000	16 397 000	17 173 000
Operating Profit	2 895 000	2 992 000	2 995 000	3 170 000
Financial Income	8 000	13 000	6 000	9 000
Financial Costs	3 000	11 000	5 000	6 000
Financial Balance	5 000	2 000	1 000	3 000
Dividends	0	1 500 000	0	0
Net Income	2 258 000	2 332 000	2 334 000	2 472 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 954 000	3 954 000	3 954 000	3 954 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	471 000	1 487 000	1 369 000	1 628 000
Total Tangible Assets	4 425 000	5 441 000	5 323 000	5 582 000
Total Fiancial Fixed Assets	70 000	70 000	70 000	140 000
Total Fixed Assets	4 495 000	5 511 000	5 393 000	5 722 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 460 000	1 687 000	2 542 000	891 000
Total Current Assets	6 840 000	5 503 000	4 658 000	3 565 000
Total Assets	11 335 000	11 014 000	10 050 000	9 288 000
Total Equity	6 357 000	4 099 000	3 267 000	2 493 000
Short-Term Group Debt	0	0	2 000 000	2 000 000
Total Long-Term Debt	54 000	411 000	501 000	593 000
Creditors	554 000	227 000	389 000	355 000
Unpaid Taxes	1 393 000	1 743 000	1 331 000	1 366 000
Dividends	0	1 500 000	0	0
Other Current Debt	2 331 000	2 377 000	2 342 000	2 248 000
Total Current Debt	4 923 000	6 504 000	6 282 000	6 202 000
Total Equity and Debt	11 335 000	11 014 000	10 050 000	9 288 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,52 %	56,89 %	71,44 %	99,16 %
Debt-to-Equity Ratio	0,01	0,1	0,15	0,24
Operating Profit Margin	13,02 %	14,01 %	15,44 %	15,58 %
Current Ratio	1,39	0,85	0,74	0,57
Quick Ratio	1,39	0,85	0,74	0,57
Equity Ratio	0,56	0,37	0,33	0,27
Gross Profit Margin	100 %	99,97 %	99,96 %	100 %