VVS HUSET BALLANGEN AS

8540 BALLANGEN

Finances

Return on Equity

22,57 %

Current Ratio

2,86

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 231 000	5 981 000	4 544 000	4 776 000
Net Income	314 000	543 000	−192 000	278 000
Total Assets	2 845 000	2 878 000	2 639 000	1 843 000
Total Equity	1 391 000	1 077 000	934 000	1 125 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 231 000	5 981 000	4 544 000	4 776 000
Expenditure	4 750 000	5 211 000	4 726 000	4 396 000
Operating Profit	480 000	770 000	−182 000	380 000
Financial Income	2 000	2 000	1 000	4 000
Financial Costs	68 000	64 000	56 000	26 000
Financial Balance	−66 000	−62 000	−55 000	−22 000
Earnings Before Tax	414 000	708 000	−236 000	358 000
Tax	100 000	165 000	−45 000	80 000
Net Income	314 000	543 000	−192 000	278 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 313 000	1 411 000	1 117 000	543 000
Total Current Assets	1 532 000	1 468 000	1 521 000	1 301 000
Total Assets	2 845 000	2 878 000	2 639 000	1 843 000
Total Retained Equity	1 291 000	977 000	834 000	1 025 000
Total Equity	1 391 000	1 077 000	934 000	1 125 000
Total Long-Term Debt	919 000	1 054 000	624 000	277 000
Total Current Debt	535 000	747 000	1 081 000	441 000
Total Equity and Debt	2 845 000	2 878 000	2 639 000	1 843 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 231 000	5 981 000	4 544 000	4 776 000
Other Income	0	0	0	0
Revenue	5 231 000	5 981 000	4 544 000	4 776 000
Cost of Goods Sold	2 082 000	2 491 000	2 255 000	1 980 000
Salary Costs	1 562 000	1 686 000	1 404 000	1 378 000
Depreciation	141 000	135 000	59 000	33 000
Impairment	0	0	0	0
Expenditure	4 750 000	5 211 000	4 726 000	4 396 000
Operating Profit	480 000	770 000	−182 000	380 000
Financial Income	2 000	2 000	1 000	4 000
Financial Costs	68 000	64 000	56 000	26 000
Financial Balance	−66 000	−62 000	−55 000	−22 000
Dividends	0	0	0	0
Net Income	314 000	543 000	−192 000	278 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	963 000	1 004 000	844 000	212 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	330 000	386 000	254 000	310 000
Total Tangible Assets	1 293 000	1 391 000	1 097 000	523 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	1 313 000	1 411 000	1 117 000	543 000
Stock	524 000	318 000	389 000	430 000
Total Investments	0	0	0	0
Cash, Bank	342 000	96 000	87 000	94 000
Total Current Assets	1 532 000	1 468 000	1 521 000	1 301 000
Total Assets	2 845 000	2 878 000	2 639 000	1 843 000
Total Equity	1 391 000	1 077 000	934 000	1 125 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	919 000	1 054 000	624 000	277 000
Creditors	20 000	−43 000	462 000	21 000
Unpaid Taxes	251 000	257 000	189 000	114 000
Dividends	0	0	0	0
Other Current Debt	165 000	176 000	158 000	138 000
Total Current Debt	535 000	747 000	1 081 000	441 000
Total Equity and Debt	2 845 000	2 878 000	2 639 000	1 843 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,57 %	50,42 %	−20,56 %	24,71 %
Debt-to-Equity Ratio	0,66	0,98	0,67	0,25
Operating Profit Margin	9,18 %	12,87 %	−4,01 %	7,96 %
Current Ratio	2,86	1,97	1,41	2,95
Quick Ratio	139,27	3,42	2,2	118,27
Equity Ratio	0,49	0,37	0,35	0,61
Gross Profit Margin	60,2 %	58,35 %	50,37 %	58,54 %