VVS- 24 AS

9010 TROMSØ

Finances

Return on Equity

36,19 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 450 000	43 395 000	42 454 000	51 901 000
Net Income	3 190 000	−3 825 000	2 713 000	5 137 000
Total Assets	17 815 000	17 850 000	18 467 000	23 358 000
Total Equity	8 815 000	8 125 000	9 638 000	6 925 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 450 000	43 395 000	42 454 000	51 901 000
Expenditure	46 324 000	48 301 000	38 975 000	45 288 000
Operating Profit	4 126 000	−4 907 000	3 479 000	6 612 000
Financial Income	43 000	37 000	43 000	53 000
Financial Costs	42 000	16 000	14 000	25 000
Financial Balance	1 000	21 000	29 000	28 000
Earnings Before Tax	4 126 000	−4 886 000	3 507 000	6 639 000
Tax	936 000	−1 061 000	794 000	1 502 000
Net Income	3 190 000	−3 825 000	2 713 000	5 137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 181 000	2 852 000	2 901 000	3 513 000
Total Current Assets	15 634 000	14 998 000	15 567 000	19 845 000
Total Assets	17 815 000	17 850 000	18 467 000	23 358 000
Total Retained Equity	8 315 000	7 625 000	9 138 000	6 425 000
Total Equity	8 815 000	8 125 000	9 638 000	6 925 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 000 000	9 725 000	8 830 000	16 433 000
Total Equity and Debt	17 815 000	17 850 000	18 467 000	23 358 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 084 000	43 368 000	42 236 000	51 570 000
Other Income	1 366 000	26 000	218 000	330 000
Revenue	50 450 000	43 395 000	42 454 000	51 901 000
Cost of Goods Sold	14 133 000	13 957 000	8 183 000	10 869 000
Salary Costs	20 227 000	19 950 000	19 663 000	20 070 000
Depreciation	704 000	1 001 000	1 020 000	1 192 000
Impairment	0	0	0	0
Expenditure	46 324 000	48 301 000	38 975 000	45 288 000
Operating Profit	4 126 000	−4 907 000	3 479 000	6 612 000
Financial Income	43 000	37 000	43 000	53 000
Financial Costs	42 000	16 000	14 000	25 000
Financial Balance	1 000	21 000	29 000	28 000
Dividends	2 500 000	0	0	0
Net Income	3 190 000	−3 825 000	2 713 000	5 137 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	301 000	730 000	321 000	458 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	2 000	22 000	45 000
Fixtures	1 510 000	1 953 000	2 298 000	2 649 000
Total Tangible Assets	1 510 000	1 955 000	2 319 000	2 695 000
Total Fiancial Fixed Assets	370 000	168 000	261 000	361 000
Total Fixed Assets	2 181 000	2 852 000	2 901 000	3 513 000
Stock	1 156 000	862 000	1 809 000	43 000
Total Investments	0	0	0	0
Cash, Bank	823 000	902 000	6 100 000	7 731 000
Total Current Assets	15 634 000	14 998 000	15 567 000	19 845 000
Total Assets	17 815 000	17 850 000	18 467 000	23 358 000
Total Equity	8 815 000	8 125 000	9 638 000	6 925 000
Short-Term Group Debt	0	0	0	6 999 000
Total Long-Term Debt	0	0	0	0
Creditors	2 371 000	3 146 000	2 316 000	2 246 000
Unpaid Taxes	3 675 000	2 747 000	3 632 000	3 297 000
Dividends	2 500 000	0	0	0
Other Current Debt	2 810 000	1 878 000	2 225 000	2 118 000
Total Current Debt	9 000 000	9 725 000	8 830 000	16 433 000
Total Equity and Debt	17 815 000	17 850 000	18 467 000	23 358 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,19 %	−47,08 %	28,15 %	74,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,18 %	−11,31 %	8,19 %	12,74 %
Current Ratio	1,74	1,54	1,76	1,21
Quick Ratio	1,99	1,69	2,22	1,21
Equity Ratio	0,49	0,46	0,52	0,3
Gross Profit Margin	71,99 %	67,84 %	80,73 %	79,06 %