TOTAL VVS AS

0661 OSLO

Finances

Return on Equity

31,29 %

Current Ratio

2,04

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	124 148 000	89 437 000	113 823 000	81 356 000
Net Income	7 254 000	11 962 000	8 908 000	5 281 000
Total Assets	50 299 000	31 502 000	36 282 000	32 592 000
Total Equity	23 186 000	15 933 000	3 971 000	10 963 000

Income (NOK)	2022	2021	2020	2019
Revenue	124 148 000	89 437 000	113 823 000	81 356 000
Expenditure	114 805 000	23 501 000	102 335 000	74 509 000
Operating Profit	9 343 000	15 361 000	11 489 000	6 847 000
Financial Income	15 000	5 000	32 000	48 000
Financial Costs	34 000	14 000	32 000	11 000
Financial Balance	−19 000	−9 000	0	37 000
Earnings Before Tax	9 324 000	15 352 000	11 488 000	6 884 000
Tax	2 070 000	3 391 000	2 581 000	1 603 000
Net Income	7 254 000	11 962 000	8 908 000	5 281 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	306 000	611 000	945 000	156 000
Total Current Assets	49 993 000	30 891 000	35 337 000	32 436 000
Total Assets	50 299 000	31 502 000	36 282 000	32 592 000
Total Retained Equity	23 076 000	15 823 000	3 861 000	10 853 000
Total Equity	23 186 000	15 933 000	3 971 000	10 963 000
Total Long-Term Debt	2 592 000	523 000	0	0
Total Current Debt	24 521 000	15 046 000	32 311 000	21 628 000
Total Equity and Debt	50 299 000	31 502 000	36 282 000	32 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	118 896 000	89 437 000	113 823 000	81 356 000
Other Income	5 252 000	0	0	0
Revenue	124 148 000	89 437 000	113 823 000	81 356 000
Cost of Goods Sold	55 242 000	0	77 388 000	40 714 000
Salary Costs	55 814 000	20 861 000	21 891 000	30 828 000
Depreciation	305 000	292 000	105 000	72 000
Impairment	0	0	0	0
Expenditure	114 805 000	23 501 000	102 335 000	74 509 000
Operating Profit	9 343 000	15 361 000	11 489 000	6 847 000
Financial Income	15 000	5 000	32 000	48 000
Financial Costs	34 000	14 000	32 000	11 000
Financial Balance	−19 000	−9 000	0	37 000
Dividends	0	0	8 900 000	0
Net Income	7 254 000	11 962 000	8 908 000	5 281 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	6 000	59 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	306 000	0	0	0
Fixtures	0	611 000	939 000	96 000
Total Tangible Assets	306 000	611 000	939 000	96 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	306 000	611 000	945 000	156 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 237 000	8 962 000	14 724 000	14 198 000
Total Current Assets	49 993 000	30 891 000	35 337 000	32 436 000
Total Assets	50 299 000	31 502 000	36 282 000	32 592 000
Total Equity	23 186 000	15 933 000	3 971 000	10 963 000
Short-Term Group Debt	0	152 000	0	0
Total Long-Term Debt	2 592 000	523 000	0	0
Creditors	15 701 000	2 414 000	15 050 000	10 859 000
Unpaid Taxes	3 669 000	5 532 000	3 668 000	4 965 000
Dividends	0	0	8 900 000	0
Other Current Debt	5 150 000	4 087 000	2 166 000	4 213 000
Total Current Debt	24 521 000	15 046 000	32 311 000	21 628 000
Total Equity and Debt	50 299 000	31 502 000	36 282 000	32 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,29 %	75,08 %	224,33 %	48,17 %
Debt-to-Equity Ratio	0,11	0,03	0	0
Operating Profit Margin	7,53 %	17,18 %	10,09 %	8,42 %
Current Ratio	2,04	2,05	1,09	1,5
Quick Ratio	2,04	2,05	1,09	1,5
Equity Ratio	0,46	0,51	0,11	0,34
Gross Profit Margin	55,5 %	100 %	32,01 %	49,96 %