VB KJELLS VVS AS

6657 RINDAL

Finances

Return on Equity

55,4 %

Current Ratio

2,35

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 288 000	26 293 000	31 382 000	18 185 000
Net Income	4 594 000	2 275 000	1 705 000	125 000
Total Assets	12 965 000	10 887 000	8 731 000	7 057 000
Total Equity	8 292 000	5 698 000	3 822 000	2 417 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 288 000	26 293 000	31 382 000	18 185 000
Expenditure	18 730 000	23 329 000	29 173 000	17 998 000
Operating Profit	5 558 000	2 964 000	2 210 000	187 000
Financial Income	363 000	25 000	22 000	19 000
Financial Costs	119 000	68 000	43 000	44 000
Financial Balance	244 000	−43 000	−21 000	−25 000
Earnings Before Tax	5 802 000	2 921 000	2 188 000	162 000
Tax	1 208 000	646 000	483 000	37 000
Net Income	4 594 000	2 275 000	1 705 000	125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 172 000	1 856 000	589 000	819 000
Total Current Assets	10 792 000	9 031 000	8 142 000	6 239 000
Total Assets	12 965 000	10 887 000	8 731 000	7 057 000
Total Retained Equity	7 492 000	4 898 000	3 022 000	1 617 000
Total Equity	8 292 000	5 698 000	3 822 000	2 417 000
Total Long-Term Debt	72 000	1 218 000	463 000	539 000
Total Current Debt	4 601 000	3 971 000	4 446 000	4 101 000
Total Equity and Debt	12 965 000	10 887 000	8 731 000	7 057 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 250 000	25 724 000	30 325 000	18 185 000
Other Income	39 000	569 000	1 057 000	0
Revenue	24 288 000	26 293 000	31 382 000	18 185 000
Cost of Goods Sold	8 221 000	12 933 000	19 904 000	10 184 000
Salary Costs	6 920 000	6 990 000	6 143 000	4 773 000
Depreciation	564 000	283 000	166 000	171 000
Impairment	0	0	0	0
Expenditure	18 730 000	23 329 000	29 173 000	17 998 000
Operating Profit	5 558 000	2 964 000	2 210 000	187 000
Financial Income	363 000	25 000	22 000	19 000
Financial Costs	119 000	68 000	43 000	44 000
Financial Balance	244 000	−43 000	−21 000	−25 000
Dividends	0	400 000	300 000	0
Net Income	4 594 000	2 275 000	1 705 000	125 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	20 000	12 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	67 000	0	0	0
Fixtures	2 086 000	1 794 000	442 000	608 000
Total Tangible Assets	2 153 000	1 794 000	442 000	608 000
Total Fiancial Fixed Assets	19 000	62 000	127 000	198 000
Total Fixed Assets	2 172 000	1 856 000	589 000	819 000
Stock	2 873 000	597 000	611 000	1 035 000
Total Investments	0	0	0	0
Cash, Bank	543 000	3 899 000	434 000	182 000
Total Current Assets	10 792 000	9 031 000	8 142 000	6 239 000
Total Assets	12 965 000	10 887 000	8 731 000	7 057 000
Total Equity	8 292 000	5 698 000	3 822 000	2 417 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	72 000	1 218 000	463 000	539 000
Creditors	1 510 000	1 041 000	2 024 000	2 446 000
Unpaid Taxes	1 166 000	1 091 000	1 023 000	822 000
Dividends	0	400 000	300 000	0
Other Current Debt	774 000	828 000	608 000	595 000
Total Current Debt	4 601 000	3 971 000	4 446 000	4 101 000
Total Equity and Debt	12 965 000	10 887 000	8 731 000	7 057 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,4 %	39,93 %	44,61 %	5,17 %
Debt-to-Equity Ratio	0,01	0,21	0,12	0,22
Operating Profit Margin	22,88 %	11,27 %	7,04 %	1,03 %
Current Ratio	2,35	2,27	1,83	1,52
Quick Ratio	6,25	2,68	2,12	2,03
Equity Ratio	0,64	0,52	0,44	0,34
Gross Profit Margin	66,15 %	50,81 %	36,58 %	44 %