VVS SENTERET AS

3083 HOLMESTRAND

Finances

Share Ownership

Return on Equity

49,38 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 121 000	15 863 000	13 820 000	11 833 000
Net Income	1 242 000	803 000	531 000	131 000
Total Assets	7 218 000	7 411 000	5 304 000	4 629 000
Total Equity	2 515 000	2 631 000	3 529 000	2 997 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 121 000	15 863 000	13 820 000	11 833 000
Expenditure	16 639 000	14 822 000	13 163 000	11 639 000
Operating Profit	482 000	1 040 000	657 000	194 000
Financial Income	922 000	20 000	24 000	3 000
Financial Costs	69 000	35 000	6 000	27 000
Financial Balance	853 000	−15 000	18 000	−24 000
Earnings Before Tax	1 334 000	1 025 000	675 000	169 000
Tax	93 000	222 000	144 000	38 000
Net Income	1 242 000	803 000	531 000	131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	935 000	1 353 000	667 000	695 000
Total Current Assets	6 283 000	6 057 000	4 638 000	3 934 000
Total Assets	7 218 000	7 411 000	5 304 000	4 629 000
Total Retained Equity	2 409 000	2 525 000	3 423 000	2 891 000
Total Equity	2 515 000	2 631 000	3 529 000	2 997 000
Total Long-Term Debt	762 000	905 000	0	257 000
Total Current Debt	3 940 000	3 874 000	1 776 000	1 375 000
Total Equity and Debt	7 218 000	7 411 000	5 304 000	4 629 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 113 000	15 863 000	13 762 000	11 833 000
Other Income	8 000	0	57 000	0
Revenue	17 121 000	15 863 000	13 820 000	11 833 000
Cost of Goods Sold	8 419 000	6 863 000	6 023 000	4 977 000
Salary Costs	5 313 000	5 187 000	4 493 000	4 093 000
Depreciation	236 000	145 000	81 000	95 000
Impairment	0	0	0	0
Expenditure	16 639 000	14 822 000	13 163 000	11 639 000
Operating Profit	482 000	1 040 000	657 000	194 000
Financial Income	922 000	20 000	24 000	3 000
Financial Costs	69 000	35 000	6 000	27 000
Financial Balance	853 000	−15 000	18 000	−24 000
Dividends	1 358 000	1 700 000	0	0
Net Income	1 242 000	803 000	531 000	131 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	10 000	31 000	24 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	931 000	807 000	99 000	134 000
Total Tangible Assets	931 000	807 000	99 000	134 000
Total Fiancial Fixed Assets	0	537 000	537 000	537 000
Total Fixed Assets	935 000	1 353 000	667 000	695 000
Stock	2 055 000	1 926 000	1 864 000	1 809 000
Total Investments	0	0	0	0
Cash, Bank	3 068 000	1 814 000	1 893 000	1 330 000
Total Current Assets	6 283 000	6 057 000	4 638 000	3 934 000
Total Assets	7 218 000	7 411 000	5 304 000	4 629 000
Total Equity	2 515 000	2 631 000	3 529 000	2 997 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	762 000	905 000	0	257 000
Creditors	861 000	752 000	570 000	441 000
Unpaid Taxes	698 000	683 000	521 000	456 000
Dividends	1 358 000	1 700 000	0	0
Other Current Debt	2 294 000	2 238 000	533 000	451 000
Total Current Debt	3 940 000	3 874 000	1 776 000	1 375 000
Total Equity and Debt	7 218 000	7 411 000	5 304 000	4 629 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,38 %	30,52 %	15,05 %	4,37 %
Debt-to-Equity Ratio	0,3	0,34	0	0,09
Operating Profit Margin	2,82 %	6,56 %	4,75 %	1,64 %
Current Ratio	1,59	1,56	2,61	2,86
Quick Ratio	3,33	3,11	−52,7	−9,06
Equity Ratio	0,35	0,36	0,67	0,65
Gross Profit Margin	50,83 %	56,74 %	56,42 %	57,94 %