OL TO VVS AS

4708 VENNESLA

Finances

Share Ownership

Return on Equity

77,74 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	99 795 000	64 131 000	42 763 000	56 913 000
Net Income	4 943 000	3 164 000	592 000	926 000
Total Assets	36 369 000	27 236 000	16 664 000	18 428 000
Total Equity	6 358 000	3 461 000	4 297 000	3 705 000

Income (NOK)	2022	2021	2020	2019
Revenue	99 795 000	64 131 000	42 763 000	56 913 000
Expenditure	94 812 000	59 923 000	41 873 000	55 566 000
Operating Profit	4 983 000	4 208 000	891 000	1 348 000
Financial Income	1 264 000	32 000	46 000	44 000
Financial Costs	206 000	153 000	170 000	180 000
Financial Balance	1 058 000	−121 000	−124 000	−136 000
Earnings Before Tax	6 041 000	4 088 000	767 000	1 212 000
Tax	1 098 000	923 000	176 000	286 000
Net Income	4 943 000	3 164 000	592 000	926 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 658 000	983 000	865 000	1 003 000
Total Current Assets	34 711 000	26 252 000	15 799 000	17 425 000
Total Assets	36 369 000	27 236 000	16 664 000	18 428 000
Total Retained Equity	6 258 000	3 361 000	4 197 000	3 605 000
Total Equity	6 358 000	3 461 000	4 297 000	3 705 000
Total Long-Term Debt	2 393 000	2 744 000	2 923 000	3 226 000
Total Current Debt	27 618 000	21 031 000	9 444 000	11 497 000
Total Equity and Debt	36 369 000	27 236 000	16 664 000	18 428 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	99 795 000	64 121 000	42 705 000	56 777 000
Other Income	0	10 000	58 000	136 000
Revenue	99 795 000	64 131 000	42 763 000	56 913 000
Cost of Goods Sold	61 786 000	33 357 000	21 094 000	30 495 000
Salary Costs	23 780 000	19 690 000	14 882 000	19 043 000
Depreciation	231 000	228 000	224 000	202 000
Impairment	0	0	0	0
Expenditure	94 812 000	59 923 000	41 873 000	55 566 000
Operating Profit	4 983 000	4 208 000	891 000	1 348 000
Financial Income	1 264 000	32 000	46 000	44 000
Financial Costs	206 000	153 000	170 000	180 000
Financial Balance	1 058 000	−121 000	−124 000	−136 000
Dividends	2 000 000	4 000 000	0	0
Net Income	4 943 000	3 164 000	592 000	926 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	822 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	7 000	23 000	38 000	54 000
Fixtures	829 000	961 000	826 000	949 000
Total Tangible Assets	836 000	983 000	865 000	1 003 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 658 000	983 000	865 000	1 003 000
Stock	5 262 000	3 437 000	3 203 000	3 967 000
Total Investments	0	3 000	3 000	3 000
Cash, Bank	10 824 000	2 973 000	2 197 000	1 927 000
Total Current Assets	34 711 000	26 252 000	15 799 000	17 425 000
Total Assets	36 369 000	27 236 000	16 664 000	18 428 000
Total Equity	6 358 000	3 461 000	4 297 000	3 705 000
Short-Term Group Debt	59 000	0	0	0
Total Long-Term Debt	2 393 000	2 744 000	2 923 000	3 226 000
Creditors	10 732 000	5 349 000	3 601 000	3 931 000
Unpaid Taxes	3 612 000	3 827 000	1 988 000	2 341 000
Dividends	2 000 000	4 000 000	0	0
Other Current Debt	9 268 000	6 898 000	3 558 000	3 943 000
Total Current Debt	27 618 000	21 031 000	9 444 000	11 497 000
Total Equity and Debt	36 369 000	27 236 000	16 664 000	18 428 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,74 %	91,42 %	13,78 %	24,99 %
Debt-to-Equity Ratio	0,38	0,79	0,68	0,87
Operating Profit Margin	4,99 %	6,56 %	2,08 %	2,37 %
Current Ratio	1,26	1,25	1,67	1,52
Quick Ratio	1,55	1,49	2,53	2,31
Equity Ratio	0,17	0,13	0,26	0,2
Gross Profit Margin	38,09 %	47,99 %	50,67 %	46,42 %