ØSTFOLD GASS & VVS AS

1712 GRÅLUM

Finances

Return on Equity

35,61 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 446 000	7 796 000	7 846 000	8 878 000
Net Income	292 000	587 000	−334 000	−152 000
Total Assets	2 418 000	2 312 000	1 893 000	2 558 000
Total Equity	820 000	928 000	341 000	675 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 446 000	7 796 000	7 846 000	8 878 000
Expenditure	7 152 000	7 208 000	8 178 000	9 030 000
Operating Profit	293 000	588 000	−332 000	−153 000
Financial Income	0	0	1 000	2 000
Financial Costs	1 000	1 000	3 000	1 000
Financial Balance	−1 000	−1 000	−2 000	1 000
Earnings Before Tax	292 000	587 000	−334 000	−152 000
Tax	0	0	0	0
Net Income	292 000	587 000	−334 000	−152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	36 000	74 000	78 000
Total Current Assets	2 407 000	2 276 000	1 819 000	2 479 000
Total Assets	2 418 000	2 312 000	1 893 000	2 558 000
Total Retained Equity	716 000	824 000	237 000	571 000
Total Equity	820 000	928 000	341 000	675 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 598 000	1 384 000	1 552 000	1 883 000
Total Equity and Debt	2 418 000	2 312 000	1 893 000	2 558 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 452 000	7 792 000	7 739 000	8 942 000
Other Income	−6 000	4 000	108 000	−64 000
Revenue	7 446 000	7 796 000	7 846 000	8 878 000
Cost of Goods Sold	3 646 000	3 166 000	3 335 000	3 871 000
Salary Costs	2 653 000	2 965 000	3 379 000	3 798 000
Depreciation	12 000	12 000	13 000	43 000
Impairment	0	0	0	0
Expenditure	7 152 000	7 208 000	8 178 000	9 030 000
Operating Profit	293 000	588 000	−332 000	−153 000
Financial Income	0	0	1 000	2 000
Financial Costs	1 000	1 000	3 000	1 000
Financial Balance	−1 000	−1 000	−2 000	1 000
Dividends	400 000	0	0	0
Net Income	292 000	587 000	−334 000	−152 000

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	12 000	24 000	43 000	29 000
Total Tangible Assets	12 000	24 000	43 000	29 000
Total Fiancial Fixed Assets	0	12 000	31 000	49 000
Total Fixed Assets	12 000	36 000	74 000	78 000
Stock	144 000	162 000	258 000	307 000
Total Investments	18 000	18 000	18 000	18 000
Cash, Bank	1 195 000	783 000	665 000	433 000
Total Current Assets	2 407 000	2 276 000	1 819 000	2 479 000
Total Assets	2 418 000	2 312 000	1 893 000	2 558 000
Total Equity	820 000	928 000	341 000	675 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	297 000	353 000	259 000	528 000
Unpaid Taxes	480 000	562 000	444 000	596 000
Dividends	400 000	0	0	0
Other Current Debt	422 000	468 000	849 000	759 000
Total Current Debt	1 598 000	1 384 000	1 552 000	1 883 000
Total Equity and Debt	2 418 000	2 312 000	1 893 000	2 558 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,61 %	63,25 %	−97,95 %	−22,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,93 %	7,54 %	−4,23 %	−1,72 %
Current Ratio	1,51	1,64	1,17	1,32
Quick Ratio	1,66	1,86	1,41	1,57
Equity Ratio	0,34	0,4	0,18	0,26
Gross Profit Margin	51,03 %	59,39 %	57,49 %	56,4 %