PROFF VVS AS

7036 TRONDHEIM

Finances

Return on Equity

−58,24 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 456 000	2 398 000	3 148 000	2 803 000
Net Income	−152 000	83 000	220 000	275 000
Total Assets	774 000	870 000	657 000	1 052 000
Total Equity	261 000	413 000	330 000	110 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 456 000	2 398 000	3 148 000	2 803 000
Expenditure	2 637 000	2 285 000	2 868 000	2 447 000
Operating Profit	−181 000	112 000	280 000	357 000
Financial Income	0	6 000	7 000	0
Financial Costs	15 000	14 000	6 000	4 000
Financial Balance	−15 000	−8 000	1 000	−4 000
Earnings Before Tax	−195 000	104 000	281 000	353 000
Tax	−43 000	22 000	61 000	78 000
Net Income	−152 000	83 000	220 000	275 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	188 000	91 000	118 000	147 000
Total Current Assets	586 000	779 000	539 000	905 000
Total Assets	774 000	870 000	657 000	1 052 000
Total Retained Equity	231 000	383 000	300 000	80 000
Total Equity	261 000	413 000	330 000	110 000
Total Long-Term Debt	11 000	40 000	73 000	104 000
Total Current Debt	503 000	418 000	254 000	838 000
Total Equity and Debt	774 000	870 000	657 000	1 052 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 452 000	2 398 000	3 148 000	2 803 000
Other Income	4 000	0	0	0
Revenue	2 456 000	2 398 000	3 148 000	2 803 000
Cost of Goods Sold	1 256 000	1 029 000	1 539 000	1 334 000
Salary Costs	851 000	866 000	855 000	778 000
Depreciation	30 000	30 000	30 000	30 000
Impairment	0	0	0	0
Expenditure	2 637 000	2 285 000	2 868 000	2 447 000
Operating Profit	−181 000	112 000	280 000	357 000
Financial Income	0	6 000	7 000	0
Financial Costs	15 000	14 000	6 000	4 000
Financial Balance	−15 000	−8 000	1 000	−4 000
Dividends	0	0	0	200 000
Net Income	−152 000	83 000	220 000	275 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	47 000	4 000	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 000	32 000	62 000	92 000
Total Tangible Assets	3 000	32 000	62 000	92 000
Total Fiancial Fixed Assets	138 000	55 000	55 000	55 000
Total Fixed Assets	188 000	91 000	118 000	147 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	200 000	317 000	213 000	404 000
Total Current Assets	586 000	779 000	539 000	905 000
Total Assets	774 000	870 000	657 000	1 052 000
Total Equity	261 000	413 000	330 000	110 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	40 000	73 000	104 000
Creditors	305 000	104 000	34 000	287 000
Unpaid Taxes	120 000	142 000	68 000	182 000
Dividends	0	0	0	200 000
Other Current Debt	78 000	147 000	89 000	90 000
Total Current Debt	503 000	418 000	254 000	838 000
Total Equity and Debt	774 000	870 000	657 000	1 052 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−58,24 %	20,1 %	66,67 %	250 %
Debt-to-Equity Ratio	0,04	0,1	0,22	0,95
Operating Profit Margin	−7,37 %	4,67 %	8,89 %	12,74 %
Current Ratio	1,17	1,86	2,12	1,08
Quick Ratio	1,17	1,86	2,12	1,08
Equity Ratio	0,34	0,47	0,5	0,1
Gross Profit Margin	48,86 %	57,09 %	51,11 %	52,41 %