MODERNE VVS AS

1065 OSLO

Finances

Share Ownership

Return on Equity

8,17 %

Current Ratio

2,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 584 000	4 929 000	5 119 000	4 521 000
Net Income	99 000	269 000	273 000	−52 000
Total Assets	2 057 000	2 260 000	1 482 000	1 344 000
Total Equity	1 212 000	1 371 000	1 102 000	829 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 584 000	4 929 000	5 119 000	4 521 000
Expenditure	1 818 000	2 466 000	2 580 000	2 758 000
Operating Profit	133 000	359 000	358 000	−65 000
Financial Income	5 000	0	2 000	4 000
Financial Costs	0	4 000	2 000	0
Financial Balance	5 000	−4 000	0	4 000
Earnings Before Tax	137 000	355 000	358 000	−62 000
Tax	38 000	85 000	85 000	−10 000
Net Income	99 000	269 000	273 000	−52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	43 000	65 000	101 000
Total Current Assets	2 016 000	2 217 000	1 417 000	1 242 000
Total Assets	2 057 000	2 260 000	1 482 000	1 344 000
Total Retained Equity	1 112 000	1 271 000	1 002 000	729 000
Total Equity	1 212 000	1 371 000	1 102 000	829 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	845 000	889 000	380 000	515 000
Total Equity and Debt	2 057 000	2 260 000	1 482 000	1 344 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 584 000	4 929 000	5 119 000	4 521 000
Other Income	0	0	0	0
Revenue	3 584 000	4 929 000	5 119 000	4 521 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 076 000	1 513 000	1 723 000	1 945 000
Depreciation	0	41 000	35 000	35 000
Impairment	0	0	0	0
Expenditure	1 818 000	2 466 000	2 580 000	2 758 000
Operating Profit	133 000	359 000	358 000	−65 000
Financial Income	5 000	0	2 000	4 000
Financial Costs	0	4 000	2 000	0
Financial Balance	5 000	−4 000	0	4 000
Dividends	78 000	0	0	0
Net Income	99 000	269 000	273 000	−52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	43 000	23 000	25 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	41 000	77 000
Total Tangible Assets	0	0	41 000	77 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 000	43 000	65 000	101 000
Stock	45 000	45 000	45 000	45 000
Total Investments	0	0	0	0
Cash, Bank	1 095 000	1 327 000	999 000	876 000
Total Current Assets	2 016 000	2 217 000	1 417 000	1 242 000
Total Assets	2 057 000	2 260 000	1 482 000	1 344 000
Total Equity	1 212 000	1 371 000	1 102 000	829 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	267 000	256 000	−88 000	83 000
Unpaid Taxes	164 000	275 000	173 000	202 000
Dividends	78 000	0	0	0
Other Current Debt	300 000	253 000	212 000	230 000
Total Current Debt	845 000	889 000	380 000	515 000
Total Equity and Debt	2 057 000	2 260 000	1 482 000	1 344 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,17 %	19,62 %	24,77 %	−6,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,71 %	7,28 %	6,99 %	−1,44 %
Current Ratio	2,39	2,49	3,73	2,41
Quick Ratio	2,52	2,63	4,23	2,64
Equity Ratio	0,59	0,61	0,74	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %