STEINNES-VVS AS

4020 STAVANGER

Finances

Share Ownership

Return on Equity

16,21 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 581 000	29 137 000	24 140 000	14 734 000
Net Income	686 000	2 145 000	1 352 000	731 000
Total Assets	11 822 000	10 398 000	9 398 000	6 793 000
Total Equity	4 232 000	3 629 000	4 134 000	3 482 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 581 000	29 137 000	24 140 000	14 734 000
Expenditure	34 634 000	26 308 000	22 350 000	13 754 000
Operating Profit	947 000	2 829 000	1 791 000	981 000
Financial Income	6 000	10 000	4 000	3 000
Financial Costs	69 000	88 000	60 000	44 000
Financial Balance	−63 000	−78 000	−56 000	−41 000
Earnings Before Tax	884 000	2 751 000	1 734 000	940 000
Tax	198 000	606 000	383 000	209 000
Net Income	686 000	2 145 000	1 352 000	731 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 744 000	1 583 000	2 064 000	2 030 000
Total Current Assets	9 078 000	8 815 000	7 334 000	4 763 000
Total Assets	11 822 000	10 398 000	9 398 000	6 793 000
Total Retained Equity	4 109 000	3 505 000	4 010 000	3 359 000
Total Equity	4 232 000	3 629 000	4 134 000	3 482 000
Total Long-Term Debt	1 375 000	376 000	467 000	556 000
Total Current Debt	6 215 000	6 392 000	4 797 000	2 755 000
Total Equity and Debt	11 822 000	10 398 000	9 398 000	6 793 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 581 000	29 136 000	24 140 000	14 704 000
Other Income	0	1 000	0	29 000
Revenue	35 581 000	29 137 000	24 140 000	14 734 000
Cost of Goods Sold	22 114 000	15 556 000	13 019 000	7 190 000
Salary Costs	8 970 000	8 139 000	6 879 000	4 366 000
Depreciation	336 000	230 000	236 000	183 000
Impairment	0	0	0	0
Expenditure	34 634 000	26 308 000	22 350 000	13 754 000
Operating Profit	947 000	2 829 000	1 791 000	981 000
Financial Income	6 000	10 000	4 000	3 000
Financial Costs	69 000	88 000	60 000	44 000
Financial Balance	−63 000	−78 000	−56 000	−41 000
Dividends	0	2 650 000	700 000	500 000
Net Income	686 000	2 145 000	1 352 000	731 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	46 000	47 000	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 530 000	690 000	770 000	837 000
Total Tangible Assets	1 530 000	690 000	770 000	837 000
Total Fiancial Fixed Assets	1 194 000	846 000	1 247 000	1 164 000
Total Fixed Assets	2 744 000	1 583 000	2 064 000	2 030 000
Stock	2 285 000	1 776 000	1 721 000	1 711 000
Total Investments	0	0	0	0
Cash, Bank	1 720 000	1 270 000	1 180 000	1 241 000
Total Current Assets	9 078 000	8 815 000	7 334 000	4 763 000
Total Assets	11 822 000	10 398 000	9 398 000	6 793 000
Total Equity	4 232 000	3 629 000	4 134 000	3 482 000
Short-Term Group Debt	686 000	0	0	0
Total Long-Term Debt	1 375 000	376 000	467 000	556 000
Creditors	2 090 000	1 856 000	1 290 000	457 000
Unpaid Taxes	1 552 000	1 073 000	1 291 000	764 000
Dividends	0	2 650 000	700 000	500 000
Other Current Debt	1 738 000	1 536 000	1 315 000	853 000
Total Current Debt	6 215 000	6 392 000	4 797 000	2 755 000
Total Equity and Debt	11 822 000	10 398 000	9 398 000	6 793 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,21 %	59,11 %	32,7 %	20,99 %
Debt-to-Equity Ratio	0,32	0,1	0,11	0,16
Operating Profit Margin	2,66 %	9,71 %	7,42 %	6,66 %
Current Ratio	1,46	1,38	1,53	1,73
Quick Ratio	2,31	1,91	2,38	4,56
Equity Ratio	0,36	0,35	0,44	0,51
Gross Profit Margin	37,85 %	46,61 %	46,07 %	51,2 %