VVS RØRLEGGER AS

6055 GODØYA

Finances

Share Ownership

Return on Equity

81,73 %

Current Ratio

0,87

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 621 000	4 457 000	4 392 000	2 735 000
Net Income	680 000	130 000	250 000	−588 000
Total Assets	2 403 000	837 000	1 315 000	598 000
Total Equity	832 000	153 000	22 000	−227 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 621 000	4 457 000	4 392 000	2 735 000
Expenditure	3 656 000	4 203 000	4 003 000	3 475 000
Operating Profit	966 000	254 000	389 000	−740 000
Financial Income	0	0	0	0
Financial Costs	95 000	87 000	69 000	15 000
Financial Balance	−95 000	−87 000	−69 000	−15 000
Earnings Before Tax	871 000	167 000	320 000	−754 000
Tax	192 000	37 000	70 000	−166 000
Net Income	680 000	130 000	250 000	−588 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 077 000	69 000	106 000	191 000
Total Current Assets	1 326 000	768 000	1 209 000	407 000
Total Assets	2 403 000	837 000	1 315 000	598 000
Total Retained Equity	802 000	122 000	−8 000	−258 000
Total Equity	832 000	153 000	22 000	−227 000
Total Long-Term Debt	52 000	13 000	62 000	112 000
Total Current Debt	1 519 000	672 000	1 230 000	713 000
Total Equity and Debt	2 403 000	837 000	1 315 000	598 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 621 000	4 457 000	4 341 000	2 706 000
Other Income	0	0	51 000	29 000
Revenue	4 621 000	4 457 000	4 392 000	2 735 000
Cost of Goods Sold	1 644 000	2 008 000	2 028 000	1 626 000
Salary Costs	1 179 000	1 549 000	1 220 000	1 223 000
Depreciation	23 000	0	15 000	59 000
Impairment	0	0	0	0
Expenditure	3 656 000	4 203 000	4 003 000	3 475 000
Operating Profit	966 000	254 000	389 000	−740 000
Financial Income	0	0	0	0
Financial Costs	95 000	87 000	69 000	15 000
Financial Balance	−95 000	−87 000	−69 000	−15 000
Dividends	0	0	0	0
Net Income	680 000	130 000	250 000	−588 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	69 000	106 000	176 000
Real Eastate	998 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	74 000	0	0	15 000
Total Tangible Assets	1 072 000	0	0	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 077 000	69 000	106 000	191 000
Stock	158 000	158 000	42 000	42 000
Total Investments	0	0	0	0
Cash, Bank	35 000	32 000	31 000	−69 000
Total Current Assets	1 326 000	768 000	1 209 000	407 000
Total Assets	2 403 000	837 000	1 315 000	598 000
Total Equity	832 000	153 000	22 000	−227 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	52 000	13 000	62 000	112 000
Creditors	964 000	78 000	226 000	455 000
Unpaid Taxes	301 000	92 000	302 000	66 000
Dividends	0	0	0	0
Other Current Debt	123 000	155 000	142 000	192 000
Total Current Debt	1 519 000	672 000	1 230 000	713 000
Total Equity and Debt	2 403 000	837 000	1 315 000	598 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,73 %	84,97 %	1 136,36 %	259,03 %
Debt-to-Equity Ratio	0,06	0,08	2,82	−0,49
Operating Profit Margin	20,9 %	5,7 %	8,86 %	−27,06 %
Current Ratio	0,87	1,14	0,98	0,57
Quick Ratio	0,97	1,49	1,02	0,61
Equity Ratio	0,35	0,18	0,02	−0,38
Gross Profit Margin	64,42 %	54,95 %	53,83 %	40,55 %