VVS ENERGI AS

1344 HASLUM

Finances

Share Ownership

Return on Equity

2,85 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	21 000	43 000	158 000	266 000
Net Income	−21 000	−18 000	−54 000	−31 000
Total Assets	14 000	33 000	16 000	50 000
Total Equity	−737 000	−716 000	−698 000	−645 000

Income (NOK)	2021	2020	2019	2018
Revenue	21 000	43 000	158 000	266 000
Expenditure	42 000	59 000	203 000	248 000
Operating Profit	−21 000	−16 000	−45 000	19 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	8 000	50 000
Financial Balance	0	−2 000	−8 000	−50 000
Earnings Before Tax	−21 000	−18 000	−54 000	−31 000
Tax	0	0	0	0
Net Income	−21 000	−18 000	−54 000	−31 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	14 000	33 000	16 000	50 000
Total Assets	14 000	33 000	16 000	50 000
Total Retained Equity	−937 000	−916 000	−898 000	−845 000
Total Equity	−737 000	−716 000	−698 000	−645 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	751 000	749 000	714 000	695 000
Total Equity and Debt	14 000	33 000	16 000	50 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	21 000	43 000	158 000	266 000
Other Income	0	0	0	0
Revenue	21 000	43 000	158 000	266 000
Cost of Goods Sold	33 000	34 000	112 000	71 000
Salary Costs	0	7 000	54 000	191 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	42 000	59 000	203 000	248 000
Operating Profit	−21 000	−16 000	−45 000	19 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	8 000	50 000
Financial Balance	0	−2 000	−8 000	−50 000
Dividends	0	0	0	0
Net Income	−21 000	−18 000	−54 000	−31 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	10 000	11 000	11 000	14 000
Total Investments	0	0	0	0
Cash, Bank	0	0	1 000	8 000
Total Current Assets	14 000	33 000	16 000	50 000
Total Assets	14 000	33 000	16 000	50 000
Total Equity	−737 000	−716 000	−698 000	−645 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	11 000	5 000	85 000
Unpaid Taxes	6 000	5 000	6 000	13 000
Dividends	0	0	0	0
Other Current Debt	742 000	733 000	703 000	597 000
Total Current Debt	751 000	749 000	714 000	695 000
Total Equity and Debt	14 000	33 000	16 000	50 000

Financial indicators	2021	2020	2019	2018
Return on Equity	2,85 %	2,51 %	7,74 %	4,81 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−100 %	−37,21 %	−28,48 %	7,14 %
Current Ratio	0,02	0,04	0,02	0,07
Quick Ratio	0,02	0,04	0,02	0,07
Equity Ratio	−52,64	−21,7	−43,63	−12,9
Gross Profit Margin	−57,14 %	20,93 %	29,11 %	73,31 %