NEPTUN VVS AS

7770 FLATANGER

Finances

Share Ownership

Return on Equity

−34,18 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 614 000	1 971 000	1 852 000	1 069 000
Net Income	−67 000	88 000	61 000	−56 000
Total Assets	515 000	559 000	715 000	566 000
Total Equity	196 000	263 000	175 000	114 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 614 000	1 971 000	1 852 000	1 069 000
Expenditure	1 679 000	1 856 000	1 739 000	1 137 000
Operating Profit	−65 000	115 000	113 000	−68 000
Financial Income	0	2 000	4 000	1 000
Financial Costs	2 000	4 000	39 000	5 000
Financial Balance	−2 000	−2 000	−35 000	−4 000
Earnings Before Tax	−67 000	113 000	78 000	−72 000
Tax	0	25 000	17 000	−16 000
Net Income	−67 000	88 000	61 000	−56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	140 000	40 000	65 000	122 000
Total Current Assets	375 000	519 000	650 000	444 000
Total Assets	515 000	559 000	715 000	566 000
Total Retained Equity	−4 000	63 000	−25 000	−86 000
Total Equity	196 000	263 000	175 000	114 000
Total Long-Term Debt	86 000	146 000	300 000	259 000
Total Current Debt	232 000	150 000	240 000	193 000
Total Equity and Debt	515 000	559 000	715 000	566 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 614 000	1 969 000	1 835 000	1 069 000
Other Income	0	2 000	17 000	0
Revenue	1 614 000	1 971 000	1 852 000	1 069 000
Cost of Goods Sold	529 000	813 000	1 018 000	515 000
Salary Costs	692 000	412 000	279 000	202 000
Depreciation	0	0	15 000	101 000
Impairment	0	0	0	0
Expenditure	1 679 000	1 856 000	1 739 000	1 137 000
Operating Profit	−65 000	115 000	113 000	−68 000
Financial Income	0	2 000	4 000	1 000
Financial Costs	2 000	4 000	39 000	5 000
Financial Balance	−2 000	−2 000	−35 000	−4 000
Dividends	0	0	0	0
Net Income	−67 000	88 000	61 000	−56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	40 000	65 000	82 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	40 000
Total Tangible Assets	0	0	0	40 000
Total Fiancial Fixed Assets	100 000	0	0	0
Total Fixed Assets	140 000	40 000	65 000	122 000
Stock	203 000	203 000	265 000	295 000
Total Investments	0	0	0	0
Cash, Bank	174 000	98 000	199 000	1 000
Total Current Assets	375 000	519 000	650 000	444 000
Total Assets	515 000	559 000	715 000	566 000
Total Equity	196 000	263 000	175 000	114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	86 000	146 000	300 000	259 000
Creditors	91 000	84 000	79 000	78 000
Unpaid Taxes	84 000	28 000	78 000	6 000
Dividends	0	0	0	0
Other Current Debt	58 000	38 000	82 000	28 000
Total Current Debt	232 000	150 000	240 000	193 000
Total Equity and Debt	515 000	559 000	715 000	566 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,18 %	33,46 %	34,86 %	−49,12 %
Debt-to-Equity Ratio	0,44	0,56	1,71	2,27
Operating Profit Margin	−4,03 %	5,83 %	6,1 %	−6,36 %
Current Ratio	1,62	3,46	2,71	2,3
Quick Ratio	12,93	−9,79	−26	−4,35
Equity Ratio	0,38	0,47	0,24	0,2
Gross Profit Margin	67,22 %	58,75 %	45,03 %	51,82 %