ANDENÆS VVS AS

0192 OSLO

Finances

Return on Equity

12,17 %

Current Ratio

0,87

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	222 612 000	152 726 000	145 531 000	162 999 000
Net Income	1 299 000	9 247 000	11 060 000	15 896 000
Total Assets	86 499 000	57 738 000	53 347 000	52 928 000
Total Equity	10 675 000	19 377 000	16 129 000	14 969 000

Income (NOK)	2022	2021	2020	2019
Revenue	222 612 000	152 726 000	145 531 000	162 999 000
Expenditure	221 162 000	140 774 000	131 177 000	139 865 000
Operating Profit	1 450 000	11 951 000	14 355 000	20 474 000
Financial Income	360 000	18 000	87 000	119 000
Financial Costs	113 000	77 000	93 000	165 000
Financial Balance	247 000	−59 000	−6 000	−46 000
Earnings Before Tax	1 697 000	11 892 000	14 348 000	20 428 000
Tax	398 000	2 644 000	3 288 000	4 532 000
Net Income	1 299 000	9 247 000	11 060 000	15 896 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 590 000	4 397 000	4 298 000	3 036 000
Total Current Assets	59 909 000	53 342 000	49 049 000	49 892 000
Total Assets	86 499 000	57 738 000	53 347 000	52 928 000
Total Retained Equity	7 875 000	16 576 000	13 329 000	12 269 000
Total Equity	10 675 000	19 377 000	16 129 000	14 969 000
Total Long-Term Debt	6 592 000	6 549 000	3 281 000	8 760 000
Total Current Debt	69 231 000	31 813 000	33 937 000	29 199 000
Total Equity and Debt	86 499 000	57 738 000	53 347 000	52 928 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	222 377 000	152 402 000	145 255 000	162 710 000
Other Income	235 000	324 000	277 000	289 000
Revenue	222 612 000	152 726 000	145 531 000	162 999 000
Cost of Goods Sold	143 468 000	74 406 000	64 757 000	80 469 000
Salary Costs	62 018 000	52 985 000	55 020 000	46 812 000
Depreciation	1 594 000	1 294 000	1 150 000	943 000
Impairment	0	0	0	0
Expenditure	221 162 000	140 774 000	131 177 000	139 865 000
Operating Profit	1 450 000	11 951 000	14 355 000	20 474 000
Financial Income	360 000	18 000	87 000	119 000
Financial Costs	113 000	77 000	93 000	165 000
Financial Balance	247 000	−59 000	−6 000	−46 000
Dividends	10 000 000	6 000 000	5 000 000	7 000 000
Net Income	1 299 000	9 247 000	11 060 000	15 896 000

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	4 509 000	4 397 000	4 298 000	3 036 000
Total Tangible Assets	4 509 000	4 397 000	4 298 000	3 036 000
Total Fiancial Fixed Assets	22 081 000	0	0	0
Total Fixed Assets	26 590 000	4 397 000	4 298 000	3 036 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 162 000	18 760 000	23 899 000	18 813 000
Total Current Assets	59 909 000	53 342 000	49 049 000	49 892 000
Total Assets	86 499 000	57 738 000	53 347 000	52 928 000
Total Equity	10 675 000	19 377 000	16 129 000	14 969 000
Short-Term Group Debt	8 500 000	0	0	0
Total Long-Term Debt	6 592 000	6 549 000	3 281 000	8 760 000
Creditors	24 560 000	8 585 000	5 623 000	5 636 000
Unpaid Taxes	5 587 000	8 648 000	6 585 000	7 760 000
Dividends	10 000 000	6 000 000	5 000 000	7 000 000
Other Current Debt	30 584 000	8 530 000	8 380 000	8 803 000
Total Current Debt	69 231 000	31 813 000	33 937 000	29 199 000
Total Equity and Debt	86 499 000	57 738 000	53 347 000	52 928 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,17 %	47,72 %	68,57 %	106,19 %
Debt-to-Equity Ratio	0,62	0,34	0,2	0,59
Operating Profit Margin	0,65 %	7,83 %	9,86 %	12,56 %
Current Ratio	0,87	1,68	1,45	1,71
Quick Ratio	0,87	1,68	1,45	1,71
Equity Ratio	0,12	0,34	0,3	0,28
Gross Profit Margin	35,55 %	51,28 %	55,5 %	50,63 %