ØSTFOLD VVS AS

1667 ROLVSØY

Finances

Return on Equity

33,07 %

Current Ratio

2,52

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 523 000	3 507 000	4 583 000	5 358 000
Net Income	622 000	−703 000	30 000	535 000
Total Assets	3 058 000	1 972 000	2 858 000	3 088 000
Total Equity	1 881 000	1 259 000	1 962 000	1 932 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 523 000	3 507 000	4 583 000	5 358 000
Expenditure	4 928 000	4 514 000	4 554 000	4 824 000
Operating Profit	595 000	−707 000	29 000	535 000
Financial Income	0	4 000	9 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	4 000	9 000	1 000
Earnings Before Tax	595 000	−703 000	37 000	535 000
Tax	−27 000	0	7 000	0
Net Income	622 000	−703 000	30 000	535 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	593 000	699 000	858 000	273 000
Total Current Assets	2 465 000	1 273 000	2 000 000	2 815 000
Total Assets	3 058 000	1 972 000	2 858 000	3 088 000
Total Retained Equity	1 851 000	1 229 000	1 932 000	1 902 000
Total Equity	1 881 000	1 259 000	1 962 000	1 932 000
Total Long-Term Debt	200 000	232 000	120 000	0
Total Current Debt	977 000	481 000	776 000	1 157 000
Total Equity and Debt	3 058 000	1 972 000	2 858 000	3 088 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 523 000	3 507 000	4 568 000	5 370 000
Other Income	0	0	15 000	−12 000
Revenue	5 523 000	3 507 000	4 583 000	5 358 000
Cost of Goods Sold	2 436 000	1 982 000	2 182 000	2 759 000
Salary Costs	1 744 000	1 778 000	1 512 000	1 486 000
Depreciation	133 000	159 000	243 000	82 000
Impairment	0	0	0	0
Expenditure	4 928 000	4 514 000	4 554 000	4 824 000
Operating Profit	595 000	−707 000	29 000	535 000
Financial Income	0	4 000	9 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	4 000	9 000	1 000
Dividends	0	0	0	0
Net Income	622 000	−703 000	30 000	535 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	566 000	699 000	858 000	273 000
Total Tangible Assets	566 000	699 000	858 000	273 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	593 000	699 000	858 000	273 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 360 000	546 000	976 000	1 564 000
Total Current Assets	2 465 000	1 273 000	2 000 000	2 815 000
Total Assets	3 058 000	1 972 000	2 858 000	3 088 000
Total Equity	1 881 000	1 259 000	1 962 000	1 932 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	200 000	232 000	120 000	0
Creditors	505 000	134 000	381 000	415 000
Unpaid Taxes	292 000	191 000	223 000	454 000
Dividends	0	0	0	0
Other Current Debt	179 000	153 000	172 000	171 000
Total Current Debt	977 000	481 000	776 000	1 157 000
Total Equity and Debt	3 058 000	1 972 000	2 858 000	3 088 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,07 %	−55,84 %	1,53 %	27,69 %
Debt-to-Equity Ratio	0,11	0,18	0,06	0
Operating Profit Margin	10,77 %	−20,16 %	0,63 %	9,99 %
Current Ratio	2,52	2,65	2,58	2,43
Quick Ratio	2,52	2,65	2,58	2,43
Equity Ratio	0,62	0,64	0,69	0,63
Gross Profit Margin	55,89 %	43,48 %	52,39 %	48,51 %