VVS-RØR AS

5142 FYLLINGSDALEN

Finances

Share Ownership

Return on Equity

10,31 %

Current Ratio

2,87

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 092 000	2 325 000	2 380 000	1 912 000
Net Income	158 000	465 000	353 000	148 000
Total Assets	2 105 000	1 743 000	1 503 000	1 315 000
Total Equity	1 532 000	1 374 000	908 000	756 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 092 000	2 325 000	2 380 000	1 912 000
Expenditure	2 891 000	1 738 000	1 934 000	1 742 000
Operating Profit	202 000	587 000	446 000	171 000
Financial Income	8 000	3 000	6 000	7 000
Financial Costs	0	0	0	0
Financial Balance	8 000	3 000	6 000	7 000
Earnings Before Tax	210 000	590 000	451 000	177 000
Tax	52 000	125 000	99 000	38 000
Net Income	158 000	465 000	353 000	148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	549 000	686 000	0	4 000
Total Current Assets	1 556 000	1 057 000	1 503 000	1 311 000
Total Assets	2 105 000	1 743 000	1 503 000	1 315 000
Total Retained Equity	1 430 000	1 272 000	807 000	654 000
Total Equity	1 532 000	1 374 000	908 000	756 000
Total Long-Term Debt	31 000	32 000	0	0
Total Current Debt	542 000	337 000	595 000	560 000
Total Equity and Debt	2 105 000	1 743 000	1 503 000	1 315 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 092 000	2 323 000	2 380 000	1 912 000
Other Income	0	3 000	0	0
Revenue	3 092 000	2 325 000	2 380 000	1 912 000
Cost of Goods Sold	1 046 000	620 000	836 000	682 000
Salary Costs	1 379 000	743 000	801 000	741 000
Depreciation	137 000	0	4 000	5 000
Impairment	0	0	0	0
Expenditure	2 891 000	1 738 000	1 934 000	1 742 000
Operating Profit	202 000	587 000	446 000	171 000
Financial Income	8 000	3 000	6 000	7 000
Financial Costs	0	0	0	0
Financial Balance	8 000	3 000	6 000	7 000
Dividends	0	0	200 000	200 000
Net Income	158 000	465 000	353 000	148 000

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	549 000	686 000	0	4 000
Total Tangible Assets	549 000	686 000	0	4 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	549 000	686 000	0	4 000
Stock	30 000	24 000	15 000	21 000
Total Investments	0	0	0	0
Cash, Bank	1 346 000	777 000	1 430 000	1 110 000
Total Current Assets	1 556 000	1 057 000	1 503 000	1 311 000
Total Assets	2 105 000	1 743 000	1 503 000	1 315 000
Total Equity	1 532 000	1 374 000	908 000	756 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 000	32 000	0	0
Creditors	163 000	106 000	58 000	148 000
Unpaid Taxes	214 000	71 000	166 000	108 000
Dividends	0	0	200 000	200 000
Other Current Debt	112 000	67 000	72 000	66 000
Total Current Debt	542 000	337 000	595 000	560 000
Total Equity and Debt	2 105 000	1 743 000	1 503 000	1 315 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,31 %	33,84 %	38,88 %	19,58 %
Debt-to-Equity Ratio	0,02	0,02	0	0
Operating Profit Margin	6,53 %	25,25 %	18,74 %	8,94 %
Current Ratio	2,87	3,14	2,53	2,34
Quick Ratio	3,04	3,38	2,59	2,43
Equity Ratio	0,73	0,79	0,6	0,57
Gross Profit Margin	66,17 %	73,33 %	64,87 %	64,33 %