VVS GRUPPEN AS

1254 OSLO

Finances

Return on Equity

−1,83 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 613 000	60 877 000	45 636 000	54 044 000
Net Income	−199 000	3 575 000	571 000	2 901 000
Total Assets	30 291 000	25 982 000	20 876 000	21 240 000
Total Equity	10 880 000	11 979 000	9 903 000	10 332 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 613 000	60 877 000	45 636 000	54 044 000
Expenditure	67 790 000	55 713 000	44 743 000	49 805 000
Operating Profit	−178 000	5 165 000	894 000	4 239 000
Financial Income	124 000	58 000	86 000	96 000
Financial Costs	190 000	−471 000	−150 000	−147 000
Financial Balance	−66 000	529 000	236 000	243 000
Earnings Before Tax	−244 000	4 694 000	744 000	4 092 000
Tax	−45 000	1 119 000	173 000	1 192 000
Net Income	−199 000	3 575 000	571 000	2 901 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 198 000	5 359 000	6 471 000	5 945 000
Total Current Assets	25 094 000	20 623 000	14 405 000	15 295 000
Total Assets	30 291 000	25 982 000	20 876 000	21 240 000
Total Retained Equity	10 780 000	11 879 000	9 803 000	10 232 000
Total Equity	10 880 000	11 979 000	9 903 000	10 332 000
Total Long-Term Debt	2 586 000	2 552 000	1 987 000	2 354 000
Total Current Debt	16 825 000	11 452 000	8 986 000	8 554 000
Total Equity and Debt	30 291 000	25 982 000	20 876 000	21 240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 881 000	60 646 000	45 387 000	53 769 000
Other Income	732 000	231 000	249 000	275 000
Revenue	67 613 000	60 877 000	45 636 000	54 044 000
Cost of Goods Sold	32 795 000	24 562 000	18 004 000	21 526 000
Salary Costs	27 197 000	23 282 000	19 863 000	22 190 000
Depreciation	1 147 000	871 000	1 132 000	809 000
Impairment	0	0	0	0
Expenditure	67 790 000	55 713 000	44 743 000	49 805 000
Operating Profit	−178 000	5 165 000	894 000	4 239 000
Financial Income	124 000	58 000	86 000	96 000
Financial Costs	190 000	−471 000	−150 000	−147 000
Financial Balance	−66 000	529 000	236 000	243 000
Dividends	900 000	0	1 000 000	0
Net Income	−199 000	3 575 000	571 000	2 901 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	56 000	0	20 000	0
Real Eastate	2 851 000	2 989 000	3 144 000	3 051 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	20 000	48 000	86 000
Total Tangible Assets	4 951 000	5 001 000	6 334 000	5 752 000
Total Fiancial Fixed Assets	191 000	357 000	117 000	194 000
Total Fixed Assets	5 198 000	5 359 000	6 471 000	5 945 000
Stock	1 229 000	1 520 000	1 331 000	1 462 000
Total Investments	0	0	0	0
Cash, Bank	4 245 000	5 982 000	3 900 000	5 609 000
Total Current Assets	25 094 000	20 623 000	14 405 000	15 295 000
Total Assets	30 291 000	25 982 000	20 876 000	21 240 000
Total Equity	10 880 000	11 979 000	9 903 000	10 332 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 586 000	2 552 000	1 987 000	2 354 000
Creditors	7 581 000	2 743 000	1 175 000	790 000
Unpaid Taxes	4 355 000	4 035 000	2 740 000	3 097 000
Dividends	900 000	0	1 000 000	0
Other Current Debt	3 360 000	3 406 000	2 598 000	2 721 000
Total Current Debt	16 825 000	11 452 000	8 986 000	8 554 000
Total Equity and Debt	30 291 000	25 982 000	20 876 000	21 240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,83 %	29,84 %	5,77 %	28,08 %
Debt-to-Equity Ratio	0,24	0,21	0,2	0,23
Operating Profit Margin	−0,26 %	8,48 %	1,96 %	7,84 %
Current Ratio	1,49	1,8	1,6	1,79
Quick Ratio	1,61	2,08	1,88	2,16
Equity Ratio	0,36	0,46	0,47	0,49
Gross Profit Margin	51,5 %	59,65 %	60,55 %	60,17 %