T RØDSTEN VVS AS

7044 TRONDHEIM

Finances

Return on Equity

−86,18 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 293 000	7 184 000	7 117 000	7 695 000
Net Income	−106 000	257 000	−234 000	253 000
Total Assets	2 021 000	2 413 000	2 735 000	2 421 000
Total Equity	123 000	910 000	653 000	887 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 293 000	7 184 000	7 117 000	7 695 000
Expenditure	5 440 000	6 869 000	7 402 000	7 380 000
Operating Profit	−147 000	317 000	−311 000	320 000
Financial Income	24 000	21 000	20 000	14 000
Financial Costs	15 000	7 000	8 000	8 000
Financial Balance	9 000	14 000	12 000	6 000
Earnings Before Tax	−138 000	330 000	−299 000	326 000
Tax	−31 000	73 000	−65 000	73 000
Net Income	−106 000	257 000	−234 000	253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	168 000	142 000	222 000	91 000
Total Current Assets	1 852 000	2 271 000	2 513 000	2 330 000
Total Assets	2 021 000	2 413 000	2 735 000	2 421 000
Total Retained Equity	23 000	810 000	553 000	787 000
Total Equity	123 000	910 000	653 000	887 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 897 000	1 504 000	2 083 000	1 534 000
Total Equity and Debt	2 021 000	2 413 000	2 735 000	2 421 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 293 000	7 184 000	7 037 000	7 617 000
Other Income	0	0	79 000	78 000
Revenue	5 293 000	7 184 000	7 117 000	7 695 000
Cost of Goods Sold	2 106 000	3 164 000	2 867 000	2 572 000
Salary Costs	2 082 000	2 329 000	2 522 000	3 287 000
Depreciation	5 000	8 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	5 440 000	6 869 000	7 402 000	7 380 000
Operating Profit	−147 000	317 000	−311 000	320 000
Financial Income	24 000	21 000	20 000	14 000
Financial Costs	15 000	7 000	8 000	8 000
Financial Balance	9 000	14 000	12 000	6 000
Dividends	680 000	0	0	0
Net Income	−106 000	257 000	−234 000	253 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	120 000	94 000	171 000	30 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	3 000	13 000
Total Tangible Assets	0	0	3 000	13 000
Total Fiancial Fixed Assets	49 000	49 000	49 000	49 000
Total Fixed Assets	168 000	142 000	222 000	91 000
Stock	85 000	85 000	85 000	110 000
Total Investments	0	0	0	0
Cash, Bank	998 000	1 118 000	1 162 000	1 087 000
Total Current Assets	1 852 000	2 271 000	2 513 000	2 330 000
Total Assets	2 021 000	2 413 000	2 735 000	2 421 000
Total Equity	123 000	910 000	653 000	887 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	357 000	527 000	305 000	354 000
Unpaid Taxes	430 000	243 000	510 000	411 000
Dividends	680 000	0	0	0
Other Current Debt	430 000	731 000	1 183 000	682 000
Total Current Debt	1 897 000	1 504 000	2 083 000	1 534 000
Total Equity and Debt	2 021 000	2 413 000	2 735 000	2 421 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−86,18 %	28,24 %	−35,83 %	28,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,78 %	4,41 %	−4,37 %	4,16 %
Current Ratio	0,98	1,51	1,21	1,52
Quick Ratio	1,02	1,6	1,26	1,64
Equity Ratio	0,06	0,38	0,24	0,37
Gross Profit Margin	60,21 %	55,96 %	59,72 %	66,58 %