VVS NORGE AS

0667 OSLO

Finances

Return on Equity

4,64 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	959 228 000	170 361 000	161 276 000	152 170 000
Net Income	3 448 000	16 346 000	5 437 000	5 908 000
Total Assets	538 036 000	291 431 000	257 715 000	247 255 000
Total Equity	74 352 000	194 332 000	179 794 000	178 758 000

Income (NOK)	2022	2021	2020	2019
Revenue	959 228 000	170 361 000	161 276 000	152 170 000
Expenditure	961 772 000	150 525 000	153 065 000	150 500 000
Operating Profit	−2 545 000	19 837 000	8 211 000	1 671 000
Financial Income	15 486 000	3 124 000	2 138 000	4 936 000
Financial Costs	7 490 000	1 535 000	2 753 000	55 000
Financial Balance	7 996 000	1 589 000	−615 000	4 881 000
Earnings Before Tax	5 451 000	21 426 000	7 596 000	6 552 000
Tax	2 004 000	5 081 000	2 159 000	645 000
Net Income	3 448 000	16 346 000	5 437 000	5 908 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 329 000	51 428 000	58 732 000	57 621 000
Total Current Assets	472 708 000	240 003 000	198 983 000	189 634 000
Total Assets	538 036 000	291 431 000	257 715 000	247 255 000
Total Retained Equity	44 221 000	39 289 000	19 922 000	18 354 000
Total Equity	74 352 000	194 332 000	179 794 000	178 758 000
Total Long-Term Debt	121 000	0	206 000	388 000
Total Current Debt	463 564 000	97 099 000	77 715 000	68 109 000
Total Equity and Debt	538 036 000	291 431 000	257 715 000	247 255 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	959 228 000	170 157 000	161 105 000	151 981 000
Other Income	0	204 000	172 000	189 000
Revenue	959 228 000	170 361 000	161 276 000	152 170 000
Cost of Goods Sold	773 440 000	0	0	0
Salary Costs	39 042 000	53 103 000	49 275 000	47 590 000
Depreciation	8 289 000	8 880 000	8 830 000	8 825 000
Impairment	1 642 000	2 929 000	958 000	−1 061 000
Expenditure	961 772 000	150 525 000	153 065 000	150 500 000
Operating Profit	−2 545 000	19 837 000	8 211 000	1 671 000
Financial Income	15 486 000	3 124 000	2 138 000	4 936 000
Financial Costs	7 490 000	1 535 000	2 753 000	55 000
Financial Balance	7 996 000	1 589 000	−615 000	4 881 000
Dividends	0	0	0	0
Net Income	3 448 000	16 346 000	5 437 000	5 908 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 715 000	38 871 000	45 238 000	52 002 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 892 000	4 339 000	4 911 000	5 618 000
Total Tangible Assets	1 892 000	4 339 000	4 911 000	5 618 000
Total Fiancial Fixed Assets	31 722 000	8 219 000	8 583 000	0
Total Fixed Assets	65 329 000	51 428 000	58 732 000	57 621 000
Stock	0	0	0	0
Total Investments	0	85 735 000	83 258 000	84 002 000
Cash, Bank	84 282 000	94 583 000	62 967 000	63 796 000
Total Current Assets	472 708 000	240 003 000	198 983 000	189 634 000
Total Assets	538 036 000	291 431 000	257 715 000	247 255 000
Total Equity	74 352 000	194 332 000	179 794 000	178 758 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	121 000	0	206 000	388 000
Creditors	338 693 000	10 807 000	4 146 000	6 599 000
Unpaid Taxes	2 731 000	10 048 000	13 662 000	10 796 000
Dividends	0	0	0	0
Other Current Debt	121 178 000	72 215 000	52 385 000	44 527 000
Total Current Debt	463 564 000	97 099 000	77 715 000	68 109 000
Total Equity and Debt	538 036 000	291 431 000	257 715 000	247 255 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,64 %	8,41 %	3,02 %	3,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,27 %	11,64 %	5,09 %	1,1 %
Current Ratio	1,02	2,47	2,56	2,78
Quick Ratio	1,02	2,47	2,56	2,78
Equity Ratio	0,14	0,67	0,7	0,72
Gross Profit Margin	19,37 %	100 %	100 %	100 %