VVS-MILJØ AS

3550 GOL

Finances

Return on Equity

81,16 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	74 921 000	71 073 000	56 176 000	53 146 000
Net Income	12 174 000	10 059 000	4 033 000	5 689 000
Total Assets	50 031 000	46 167 000	34 628 000	32 804 000
Total Equity	15 000 000	14 610 000	15 251 000	14 718 000

Income (NOK)	2022	2021	2020	2019
Revenue	74 921 000	71 073 000	56 176 000	53 146 000
Expenditure	59 303 000	58 064 000	50 795 000	45 639 000
Operating Profit	15 618 000	13 009 000	5 381 000	7 508 000
Financial Income	129 000	48 000	42 000	13 000
Financial Costs	133 000	151 000	251 000	226 000
Financial Balance	−4 000	−103 000	−209 000	−213 000
Earnings Before Tax	15 615 000	12 906 000	5 173 000	7 295 000
Tax	3 440 000	2 847 000	1 139 000	1 606 000
Net Income	12 174 000	10 059 000	4 033 000	5 689 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 962 000	7 811 000	7 439 000	8 351 000
Total Current Assets	43 068 000	38 356 000	27 189 000	24 453 000
Total Assets	50 031 000	46 167 000	34 628 000	32 804 000
Total Retained Equity	14 900 000	14 510 000	15 151 000	14 618 000
Total Equity	15 000 000	14 610 000	15 251 000	14 718 000
Total Long-Term Debt	2 757 000	4 026 000	4 861 000	5 546 000
Total Current Debt	32 274 000	27 530 000	14 516 000	12 540 000
Total Equity and Debt	50 031 000	46 167 000	34 628 000	32 804 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 910 000	71 226 000	56 155 000	52 347 000
Other Income	1 011 000	−152 000	21 000	799 000
Revenue	74 921 000	71 073 000	56 176 000	53 146 000
Cost of Goods Sold	28 631 000	30 581 000	25 928 000	21 039 000
Salary Costs	20 994 000	18 966 000	17 898 000	17 129 000
Depreciation	2 420 000	1 946 000	1 834 000	1 350 000
Impairment	0	0	0	0
Expenditure	59 303 000	58 064 000	50 795 000	45 639 000
Operating Profit	15 618 000	13 009 000	5 381 000	7 508 000
Financial Income	129 000	48 000	42 000	13 000
Financial Costs	133 000	151 000	251 000	226 000
Financial Balance	−4 000	−103 000	−209 000	−213 000
Dividends	11 784 000	10 700 000	3 500 000	0
Net Income	12 174 000	10 059 000	4 033 000	5 689 000

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	6 962 000	7 811 000	7 439 000	8 351 000
Total Tangible Assets	6 962 000	7 811 000	7 439 000	8 351 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 962 000	7 811 000	7 439 000	8 351 000
Stock	9 288 000	7 611 000	4 234 000	3 814 000
Total Investments	0	0	0	0
Cash, Bank	10 789 000	8 724 000	4 270 000	1 908 000
Total Current Assets	43 068 000	38 356 000	27 189 000	24 453 000
Total Assets	50 031 000	46 167 000	34 628 000	32 804 000
Total Equity	15 000 000	14 610 000	15 251 000	14 718 000
Short-Term Group Debt	2 341 000	0	0	1 748 000
Total Long-Term Debt	2 757 000	4 026 000	4 861 000	5 546 000
Creditors	5 506 000	5 430 000	3 189 000	2 427 000
Unpaid Taxes	5 014 000	4 934 000	3 958 000	4 091 000
Dividends	11 784 000	10 700 000	3 500 000	0
Other Current Debt	4 017 000	3 422 000	2 725 000	3 023 000
Total Current Debt	32 274 000	27 530 000	14 516 000	12 540 000
Total Equity and Debt	50 031 000	46 167 000	34 628 000	32 804 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,16 %	68,85 %	26,44 %	38,65 %
Debt-to-Equity Ratio	0,18	0,28	0,32	0,38
Operating Profit Margin	20,85 %	18,3 %	9,58 %	14,13 %
Current Ratio	1,33	1,39	1,87	1,95
Quick Ratio	1,87	1,93	2,64	2,8
Equity Ratio	0,3	0,32	0,44	0,45
Gross Profit Margin	61,79 %	56,97 %	53,85 %	60,41 %