INDUSTRI OG VVS TEKNIKK AS

0680 OSLO

Finances

Return on Equity

−25,34 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 987 000	2 371 000	2 556 000	3 379 000
Net Income	−37 000	83 000	273 000	546 000
Total Assets	572 000	695 000	970 000	964 000
Total Equity	146 000	183 000	100 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 987 000	2 371 000	2 556 000	3 379 000
Expenditure	2 032 000	2 267 000	2 207 000	2 671 000
Operating Profit	−45 000	104 000	348 000	708 000
Financial Income	8 000	7 000	8 000	0
Financial Costs	0	1 000	4 000	7 000
Financial Balance	8 000	6 000	4 000	−7 000
Earnings Before Tax	−37 000	111 000	352 000	700 000
Tax	0	28 000	79 000	154 000
Net Income	−37 000	83 000	273 000	546 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	36 000	63 000	90 000
Total Current Assets	552 000	659 000	907 000	873 000
Total Assets	572 000	695 000	970 000	964 000
Total Retained Equity	46 000	83 000	0	0
Total Equity	146 000	183 000	100 000	100 000
Total Long-Term Debt	0	0	0	2 000
Total Current Debt	427 000	513 000	870 000	862 000
Total Equity and Debt	572 000	695 000	970 000	964 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 987 000	2 371 000	2 556 000	3 379 000
Other Income	0	0	0	0
Revenue	1 987 000	2 371 000	2 556 000	3 379 000
Cost of Goods Sold	859 000	1 175 000	1 370 000	1 572 000
Salary Costs	799 000	709 000	537 000	753 000
Depreciation	16 000	27 000	27 000	27 000
Impairment	0	0	0	0
Expenditure	2 032 000	2 267 000	2 207 000	2 671 000
Operating Profit	−45 000	104 000	348 000	708 000
Financial Income	8 000	7 000	8 000	0
Financial Costs	0	1 000	4 000	7 000
Financial Balance	8 000	6 000	4 000	−7 000
Dividends	0	0	273 000	552 000
Net Income	−37 000	83 000	273 000	546 000

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	0	16 000	43 000	70 000
Total Tangible Assets	0	16 000	43 000	70 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	20 000	36 000	63 000	90 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	247 000	147 000	492 000	391 000
Total Current Assets	552 000	659 000	907 000	873 000
Total Assets	572 000	695 000	970 000	964 000
Total Equity	146 000	183 000	100 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 000
Creditors	27 000	0	0	−52 000
Unpaid Taxes	123 000	97 000	129 000	146 000
Dividends	0	0	273 000	552 000
Other Current Debt	277 000	387 000	387 000	60 000
Total Current Debt	427 000	513 000	870 000	862 000
Total Equity and Debt	572 000	695 000	970 000	964 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,34 %	45,36 %	273 %	546 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	−2,26 %	4,39 %	13,62 %	20,95 %
Current Ratio	1,29	1,28	1,04	1,01
Quick Ratio	1,29	1,28	1,04	1,01
Equity Ratio	0,26	0,26	0,1	0,1
Gross Profit Margin	56,77 %	50,44 %	46,4 %	53,48 %