FLEKKERØY VVS AS

4625 FLEKKERØY

Finances

Return on Equity

835,71 %

Current Ratio

0,88

Debt-to-Equity Ratio

1,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 078 000	11 784 000	9 773 000	9 628 000
Net Income	1 521 000	1 015 000	619 000	206 000
Total Assets	5 457 000	3 752 000	3 067 000	3 035 000
Total Equity	182 000	161 000	146 000	127 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 078 000	11 784 000	9 773 000	9 628 000
Expenditure	12 131 000	10 475 000	8 938 000	9 346 000
Operating Profit	1 948 000	1 309 000	835 000	283 000
Financial Income	19 000	10 000	11 000	10 000
Financial Costs	18 000	18 000	53 000	30 000
Financial Balance	1 000	−8 000	−42 000	−20 000
Earnings Before Tax	1 949 000	1 300 000	793 000	263 000
Tax	427 000	285 000	174 000	57 000
Net Income	1 521 000	1 015 000	619 000	206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 031 000	817 000	919 000	1 489 000
Total Current Assets	4 427 000	2 935 000	2 148 000	1 545 000
Total Assets	5 457 000	3 752 000	3 067 000	3 035 000
Total Retained Equity	82 000	61 000	46 000	27 000
Total Equity	182 000	161 000	146 000	127 000
Total Long-Term Debt	272 000	341 000	461 000	815 000
Total Current Debt	5 003 000	3 250 000	2 460 000	2 092 000
Total Equity and Debt	5 457 000	3 752 000	3 067 000	3 035 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 073 000	11 726 000	9 567 000	9 628 000
Other Income	5 000	58 000	206 000	0
Revenue	14 078 000	11 784 000	9 773 000	9 628 000
Cost of Goods Sold	5 819 000	4 740 000	3 442 000	3 987 000
Salary Costs	4 885 000	4 292 000	4 226 000	4 213 000
Depreciation	242 000	254 000	248 000	198 000
Impairment	0	0	0	0
Expenditure	12 131 000	10 475 000	8 938 000	9 346 000
Operating Profit	1 948 000	1 309 000	835 000	283 000
Financial Income	19 000	10 000	11 000	10 000
Financial Costs	18 000	18 000	53 000	30 000
Financial Balance	1 000	−8 000	−42 000	−20 000
Dividends	1 500 000	1 000 000	600 000	200 000
Net Income	1 521 000	1 015 000	619 000	206 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	895 000
Machinery and Plant Facilities	46 000	0	0	0
Fixtures	930 000	762 000	864 000	539 000
Total Tangible Assets	976 000	762 000	864 000	1 434 000
Total Fiancial Fixed Assets	55 000	55 000	55 000	55 000
Total Fixed Assets	1 031 000	817 000	919 000	1 489 000
Stock	503 000	400 000	233 000	363 000
Total Investments	0	0	0	0
Cash, Bank	2 508 000	1 781 000	1 185 000	705 000
Total Current Assets	4 427 000	2 935 000	2 148 000	1 545 000
Total Assets	5 457 000	3 752 000	3 067 000	3 035 000
Total Equity	182 000	161 000	146 000	127 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	272 000	341 000	461 000	815 000
Creditors	1 483 000	961 000	641 000	483 000
Unpaid Taxes	1 168 000	571 000	706 000	547 000
Dividends	1 500 000	1 000 000	600 000	200 000
Other Current Debt	1 944 000	1 398 000	973 000	994 000
Total Current Debt	5 003 000	3 250 000	2 460 000	2 092 000
Total Equity and Debt	5 457 000	3 752 000	3 067 000	3 035 000

Financial indicators	2022	2021	2020	2019
Return on Equity	835,71 %	630,43 %	423,97 %	162,2 %
Debt-to-Equity Ratio	1,49	2,12	3,16	6,42
Operating Profit Margin	13,84 %	11,11 %	8,54 %	2,94 %
Current Ratio	0,88	0,9	0,87	0,74
Quick Ratio	0,98	1,03	0,96	0,89
Equity Ratio	0,03	0,04	0,05	0,04
Gross Profit Margin	58,67 %	59,78 %	64,78 %	58,59 %