VANNTETT RØRSERVICE AS

2340 LØTEN

Finances

Return on Equity

9,79 %

Current Ratio

1,2

Debt-to-Equity Ratio

1,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 236 000	1 128 000	2 076 000	920 000
Net Income	14 000	−156 000	444 000	−14 000
Total Assets	733 000	580 000	644 000	392 000
Total Equity	143 000	130 000	286 000	41 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 236 000	1 128 000	2 076 000	920 000
Expenditure	1 220 000	1 260 000	1 497 000	946 000
Operating Profit	17 000	−132 000	579 000	−26 000
Financial Income	10 000	0	0	6 000
Financial Costs	12 000	13 000	10 000	1 000
Financial Balance	−2 000	−13 000	−10 000	5 000
Earnings Before Tax	14 000	−145 000	570 000	−20 000
Tax	0	11 000	125 000	−6 000
Net Income	14 000	−156 000	444 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	311 000	385 000	66 000	83 000
Total Current Assets	421 000	194 000	578 000	309 000
Total Assets	733 000	580 000	644 000	392 000
Total Retained Equity	124 000	110 000	266 000	22 000
Total Equity	143 000	130 000	286 000	41 000
Total Long-Term Debt	240 000	262 000	0	0
Total Current Debt	350 000	189 000	358 000	351 000
Total Equity and Debt	733 000	580 000	644 000	392 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 236 000	1 128 000	2 076 000	920 000
Other Income	0	0	0	0
Revenue	1 236 000	1 128 000	2 076 000	920 000
Cost of Goods Sold	337 000	569 000	763 000	269 000
Salary Costs	397 000	414 000	355 000	371 000
Depreciation	74 000	41 000	0	0
Impairment	0	0	0	0
Expenditure	1 220 000	1 260 000	1 497 000	946 000
Operating Profit	17 000	−132 000	579 000	−26 000
Financial Income	10 000	0	0	6 000
Financial Costs	12 000	13 000	10 000	1 000
Financial Balance	−2 000	−13 000	−10 000	5 000
Dividends	0	0	200 000	0
Net Income	14 000	−156 000	444 000	−14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	11 000	28 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	256 000	330 000	0	0
Total Tangible Assets	256 000	330 000	0	0
Total Fiancial Fixed Assets	55 000	55 000	55 000	55 000
Total Fixed Assets	311 000	385 000	66 000	83 000
Stock	5 000	39 000	5 000	5 000
Total Investments	0	0	0	0
Cash, Bank	229 000	24 000	290 000	88 000
Total Current Assets	421 000	194 000	578 000	309 000
Total Assets	733 000	580 000	644 000	392 000
Total Equity	143 000	130 000	286 000	41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	240 000	262 000	0	0
Creditors	148 000	18 000	11 000	101 000
Unpaid Taxes	55 000	75 000	5 000	93 000
Dividends	0	0	200 000	0
Other Current Debt	146 000	96 000	234 000	157 000
Total Current Debt	350 000	189 000	358 000	351 000
Total Equity and Debt	733 000	580 000	644 000	392 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,79 %	−120 %	155,24 %	−34,15 %
Debt-to-Equity Ratio	1,68	2,02	0	0
Operating Profit Margin	1,38 %	−11,7 %	27,89 %	−2,83 %
Current Ratio	1,2	1,03	1,61	0,88
Quick Ratio	1,22	1,29	1,64	0,89
Equity Ratio	0,2	0,22	0,44	0,1
Gross Profit Margin	72,73 %	49,56 %	63,25 %	70,76 %