HEMNE VVS AS

7200 KYRKSÆTERØRA

Finances

Share Ownership

Return on Equity

−113,77 %

Current Ratio

2,3

Debt-to-Equity Ratio

−5,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 685 000	2 488 000	1 985 000	1 739 000
Net Income	190 000	127 000	75 000	112 000
Total Assets	1 315 000	1 050 000	1 052 000	999 000
Total Equity	−167 000	−356 000	−483 000	−558 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 685 000	2 488 000	1 985 000	1 739 000
Expenditure	2 464 000	2 330 000	1 872 000	1 586 000
Operating Profit	220 000	158 000	113 000	153 000
Financial Income	0	0	0	0
Financial Costs	31 000	32 000	39 000	41 000
Financial Balance	−31 000	−32 000	−39 000	−41 000
Earnings Before Tax	190 000	127 000	75 000	112 000
Tax	0	0	0	0
Net Income	190 000	127 000	75 000	112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 315 000	1 050 000	1 052 000	999 000
Total Assets	1 315 000	1 050 000	1 052 000	999 000
Total Retained Equity	−467 000	−656 000	−783 000	−858 000
Total Equity	−167 000	−356 000	−483 000	−558 000
Total Long-Term Debt	910 000	990 000	1 072 000	740 000
Total Current Debt	572 000	417 000	463 000	817 000
Total Equity and Debt	1 315 000	1 050 000	1 052 000	999 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 685 000	2 488 000	1 970 000	1 745 000
Other Income	0	0	15 000	−7 000
Revenue	2 685 000	2 488 000	1 985 000	1 739 000
Cost of Goods Sold	1 453 000	1 404 000	1 195 000	855 000
Salary Costs	479 000	461 000	365 000	369 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 464 000	2 330 000	1 872 000	1 586 000
Operating Profit	220 000	158 000	113 000	153 000
Financial Income	0	0	0	0
Financial Costs	31 000	32 000	39 000	41 000
Financial Balance	−31 000	−32 000	−39 000	−41 000
Dividends	0	0	0	0
Net Income	190 000	127 000	75 000	112 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	1 114 000	950 000	840 000	862 000
Total Investments	0	0	0	0
Cash, Bank	15 000	6 000	13 000	22 000
Total Current Assets	1 315 000	1 050 000	1 052 000	999 000
Total Assets	1 315 000	1 050 000	1 052 000	999 000
Total Equity	−167 000	−356 000	−483 000	−558 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	910 000	990 000	1 072 000	740 000
Creditors	198 000	215 000	205 000	54 000
Unpaid Taxes	39 000	64 000	40 000	70 000
Dividends	0	0	0	0
Other Current Debt	151 000	93 000	82 000	534 000
Total Current Debt	572 000	417 000	463 000	817 000
Total Equity and Debt	1 315 000	1 050 000	1 052 000	999 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−113,77 %	−35,67 %	−15,53 %	−20,07 %
Debt-to-Equity Ratio	−5,45	−2,78	−2,22	−1,33
Operating Profit Margin	8,19 %	6,35 %	5,69 %	8,8 %
Current Ratio	2,3	2,52	2,27	1,22
Quick Ratio	−2,43	−1,97	−2,79	−22,2
Equity Ratio	−0,13	−0,34	−0,46	−0,56
Gross Profit Margin	45,88 %	43,57 %	39,8 %	50,83 %