INDRE ØSTFOLD VVS AS

1814 ASKIM

Finances

Return on Equity

−12,71 %

Current Ratio

1,2

Debt-to-Equity Ratio

4,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 329 000	8 486 000	8 436 000	7 366 000
Net Income	−127 000	459 000	623 000	189 000
Total Assets	8 064 000	4 607 000	4 221 000	3 118 000
Total Equity	999 000	1 126 000	667 000	444 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 329 000	8 486 000	8 436 000	7 366 000
Expenditure	10 267 000	7 812 000	7 577 000	7 095 000
Operating Profit	62 000	674 000	859 000	271 000
Financial Income	10 000	6 000	7 000	0
Financial Costs	198 000	94 000	90 000	82 000
Financial Balance	−188 000	−88 000	−83 000	−82 000
Earnings Before Tax	−126 000	586 000	776 000	189 000
Tax	1 000	127 000	152 000	0
Net Income	−127 000	459 000	623 000	189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 066 000	1 962 000	1 629 000	1 626 000
Total Current Assets	2 998 000	2 645 000	2 592 000	1 493 000
Total Assets	8 064 000	4 607 000	4 221 000	3 118 000
Total Retained Equity	819 000	946 000	487 000	264 000
Total Equity	999 000	1 126 000	667 000	444 000
Total Long-Term Debt	4 559 000	1 576 000	1 537 000	1 637 000
Total Current Debt	2 506 000	1 905 000	2 017 000	1 037 000
Total Equity and Debt	8 064 000	4 607 000	4 221 000	3 118 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 273 000	8 434 000	8 383 000	7 317 000
Other Income	56 000	52 000	53 000	49 000
Revenue	10 329 000	8 486 000	8 436 000	7 366 000
Cost of Goods Sold	6 437 000	4 504 000	4 591 000	4 151 000
Salary Costs	2 552 000	2 399 000	2 057 000	2 006 000
Depreciation	184 000	99 000	36 000	43 000
Impairment	0	0	0	0
Expenditure	10 267 000	7 812 000	7 577 000	7 095 000
Operating Profit	62 000	674 000	859 000	271 000
Financial Income	10 000	6 000	7 000	0
Financial Costs	198 000	94 000	90 000	82 000
Financial Balance	−188 000	−88 000	−83 000	−82 000
Dividends	0	0	400 000	0
Net Income	−127 000	459 000	623 000	189 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 770 000	1 718 000	1 562 000	1 595 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	241 000	189 000	12 000	31 000
Total Tangible Assets	5 011 000	1 907 000	1 574 000	1 626 000
Total Fiancial Fixed Assets	55 000	55 000	55 000	0
Total Fixed Assets	5 066 000	1 962 000	1 629 000	1 626 000
Stock	509 000	464 000	435 000	415 000
Total Investments	0	0	0	0
Cash, Bank	590 000	280 000	1 195 000	415 000
Total Current Assets	2 998 000	2 645 000	2 592 000	1 493 000
Total Assets	8 064 000	4 607 000	4 221 000	3 118 000
Total Equity	999 000	1 126 000	667 000	444 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 559 000	1 576 000	1 537 000	1 637 000
Creditors	1 874 000	1 305 000	1 015 000	651 000
Unpaid Taxes	357 000	284 000	288 000	234 000
Dividends	0	0	400 000	0
Other Current Debt	275 000	189 000	162 000	152 000
Total Current Debt	2 506 000	1 905 000	2 017 000	1 037 000
Total Equity and Debt	8 064 000	4 607 000	4 221 000	3 118 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,71 %	40,76 %	93,4 %	42,57 %
Debt-to-Equity Ratio	4,56	1,4	2,3	3,69
Operating Profit Margin	0,6 %	7,94 %	10,18 %	3,68 %
Current Ratio	1,2	1,39	1,29	1,44
Quick Ratio	1,5	1,84	1,64	2,4
Equity Ratio	0,12	0,24	0,16	0,14
Gross Profit Margin	37,68 %	46,92 %	45,58 %	43,65 %