STENDAL VVS AS

5911 ALVERSUND

Finances

Return on Equity

105,91 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 372 000	23 035 000	23 467 000	20 293 000
Net Income	5 326 000	4 042 000	4 270 000	2 763 000
Total Assets	15 435 000	14 466 000	13 129 000	12 668 000
Total Equity	5 029 000	5 029 000	5 028 000	5 028 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 372 000	23 035 000	23 467 000	20 293 000
Expenditure	18 540 000	17 811 000	17 982 000	16 874 000
Operating Profit	6 832 000	5 225 000	5 486 000	3 419 000
Financial Income	34 000	11 000	46 000	54 000
Financial Costs	1 000	0	60 000	0
Financial Balance	33 000	11 000	−14 000	54 000
Earnings Before Tax	6 864 000	5 235 000	5 472 000	3 473 000
Tax	1 538 000	1 193 000	1 202 000	710 000
Net Income	5 326 000	4 042 000	4 270 000	2 763 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 551 000	1 614 000	1 997 000	2 118 000
Total Current Assets	13 884 000	12 852 000	11 131 000	10 550 000
Total Assets	15 435 000	14 466 000	13 129 000	12 668 000
Total Retained Equity	4 929 000	4 929 000	4 928 000	4 928 000
Total Equity	5 029 000	5 029 000	5 028 000	5 028 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 406 000	9 437 000	8 101 000	7 640 000
Total Equity and Debt	15 435 000	14 466 000	13 129 000	12 668 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 362 000	23 029 000	23 446 000	20 267 000
Other Income	10 000	6 000	21 000	25 000
Revenue	25 372 000	23 035 000	23 467 000	20 293 000
Cost of Goods Sold	9 995 000	8 408 000	9 577 000	8 437 000
Salary Costs	5 982 000	6 906 000	5 965 000	6 340 000
Depreciation	166 000	383 000	239 000	197 000
Impairment	0	0	0	0
Expenditure	18 540 000	17 811 000	17 982 000	16 874 000
Operating Profit	6 832 000	5 225 000	5 486 000	3 419 000
Financial Income	34 000	11 000	46 000	54 000
Financial Costs	1 000	0	60 000	0
Financial Balance	33 000	11 000	−14 000	54 000
Dividends	5 326 000	4 041 000	4 270 000	2 760 000
Net Income	5 326 000	4 042 000	4 270 000	2 763 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	25 000	54 000	83 000	113 000
Machinery and Plant Facilities	108 000	152 000	416 000	510 000
Fixtures	324 000	314 000	404 000	346 000
Total Tangible Assets	457 000	520 000	903 000	969 000
Total Fiancial Fixed Assets	1 094 000	1 094 000	1 094 000	1 149 000
Total Fixed Assets	1 551 000	1 614 000	1 997 000	2 118 000
Stock	2 867 000	2 531 000	2 622 000	2 619 000
Total Investments	0	0	0	0
Cash, Bank	3 075 000	4 687 000	2 608 000	3 199 000
Total Current Assets	13 884 000	12 852 000	11 131 000	10 550 000
Total Assets	15 435 000	14 466 000	13 129 000	12 668 000
Total Equity	5 029 000	5 029 000	5 028 000	5 028 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 030 000	1 679 000	366 000	645 000
Unpaid Taxes	1 694 000	1 555 000	1 442 000	1 147 000
Dividends	5 326 000	4 041 000	4 270 000	2 760 000
Other Current Debt	818 000	968 000	821 000	2 378 000
Total Current Debt	10 406 000	9 437 000	8 101 000	7 640 000
Total Equity and Debt	15 435 000	14 466 000	13 129 000	12 668 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,91 %	80,37 %	84,92 %	54,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,93 %	22,68 %	23,38 %	16,85 %
Current Ratio	1,33	1,36	1,37	1,38
Quick Ratio	1,84	1,86	2,03	2,1
Equity Ratio	0,33	0,35	0,38	0,4
Gross Profit Margin	60,61 %	63,5 %	59,19 %	58,42 %