VANNTETT AS

1414 TROLLÅSEN

Finances

Share Ownership

Return on Equity

−76,67 %

Current Ratio

0,68

Debt-to-Equity Ratio

−0,16

Key figures (NOK)	2021	2020	2019	2018
Revenue	12 349 000	4 575 000	1 031 000	1 316 000
Net Income	355 000	−169 000	−49 000	−203 000
Total Assets	2 701 000	1 064 000	343 000	631 000
Total Equity	−463 000	−817 000	−648 000	−598 000

Income (NOK)	2021	2020	2019	2018
Revenue	12 349 000	4 575 000	1 031 000	1 316 000
Expenditure	11 968 000	4 738 000	1 043 000	1 535 000
Operating Profit	382 000	−163 000	−11 000	−219 000
Financial Income	1 000	0	1 000	27 000
Financial Costs	28 000	7 000	40 000	11 000
Financial Balance	−27 000	−7 000	−39 000	16 000
Earnings Before Tax	355 000	−169 000	−49 000	−203 000
Tax	0	0	0	0
Net Income	355 000	−169 000	−49 000	−203 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	605 000	239 000	51 000	68 000
Total Current Assets	2 097 000	825 000	292 000	563 000
Total Assets	2 701 000	1 064 000	343 000	631 000
Total Retained Equity	−629 000	−984 000	−814 000	−765 000
Total Equity	−463 000	−817 000	−648 000	−598 000
Total Long-Term Debt	75 000	0	0	0
Total Current Debt	3 089 000	1 881 000	991 000	1 229 000
Total Equity and Debt	2 701 000	1 064 000	343 000	631 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	12 349 000	4 575 000	1 031 000	1 313 000
Other Income	0	0	0	3 000
Revenue	12 349 000	4 575 000	1 031 000	1 316 000
Cost of Goods Sold	3 717 000	1 162 000	631 000	702 000
Salary Costs	6 034 000	2 333 000	13 000	266 000
Depreciation	67 000	16 000	12 000	0
Impairment	0	0	1 000	8 000
Expenditure	11 968 000	4 738 000	1 043 000	1 535 000
Operating Profit	382 000	−163 000	−11 000	−219 000
Financial Income	1 000	0	1 000	27 000
Financial Costs	28 000	7 000	40 000	11 000
Financial Balance	−27 000	−7 000	−39 000	16 000
Dividends	0	0	0	0
Net Income	355 000	−169 000	−49 000	−203 000

Balance details (NOK)	2021	2020	2019	2018
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	510 000	135 000	0	13 000
Total Tangible Assets	510 000	135 000	0	13 000
Total Fiancial Fixed Assets	95 000	104 000	51 000	55 000
Total Fixed Assets	605 000	239 000	51 000	68 000
Stock	0	0	0	82 000
Total Investments	0	0	0	0
Cash, Bank	173 000	467 000	196 000	238 000
Total Current Assets	2 097 000	825 000	292 000	563 000
Total Assets	2 701 000	1 064 000	343 000	631 000
Total Equity	−463 000	−817 000	−648 000	−598 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	75 000	0	0	0
Creditors	643 000	820 000	708 000	697 000
Unpaid Taxes	1 171 000	472 000	22 000	183 000
Dividends	0	0	0	0
Other Current Debt	1 275 000	588 000	261 000	349 000
Total Current Debt	3 089 000	1 881 000	991 000	1 229 000
Total Equity and Debt	2 701 000	1 064 000	343 000	631 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−76,67 %	20,69 %	7,56 %	33,95 %
Debt-to-Equity Ratio	−0,16	−0	−0	−0
Operating Profit Margin	3,09 %	−3,56 %	−1,07 %	−16,64 %
Current Ratio	0,68	0,44	0,29	0,46
Quick Ratio	0,68	0,44	0,29	0,49
Equity Ratio	−0,17	−0,77	−1,89	−0,95
Gross Profit Margin	69,9 %	74,6 %	38,8 %	46,66 %