ENGSET RØR AS

2542 VINGELEN

Finances

Share Ownership

Return on Equity

86,84 %

Current Ratio

0,9

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 611 000	2 149 000	2 080 000	4 346 000
Net Income	−198 000	−24 000	−230 000	458 000
Total Assets	2 002 000	1 836 000	1 567 000	2 431 000
Total Equity	−228 000	−30 000	−6 000	224 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 611 000	2 149 000	2 080 000	4 346 000
Expenditure	2 721 000	2 078 000	2 240 000	3 772 000
Operating Profit	−110 000	70 000	−159 000	574 000
Financial Income	2 000	1 000	11 000	11 000
Financial Costs	90 000	44 000	83 000	46 000
Financial Balance	−88 000	−43 000	−72 000	−35 000
Earnings Before Tax	−198 000	27 000	−230 000	539 000
Tax	0	50 000	0	81 000
Net Income	−198 000	−24 000	−230 000	458 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	9 000	27 000
Total Current Assets	2 002 000	1 836 000	1 557 000	2 404 000
Total Assets	2 002 000	1 836 000	1 567 000	2 431 000
Total Retained Equity	−258 000	−60 000	−36 000	194 000
Total Equity	−228 000	−30 000	−6 000	224 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 229 000	1 866 000	1 573 000	2 207 000
Total Equity and Debt	2 002 000	1 836 000	1 567 000	2 431 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 611 000	2 149 000	2 080 000	4 346 000
Other Income	0	0	0	0
Revenue	2 611 000	2 149 000	2 080 000	4 346 000
Cost of Goods Sold	1 662 000	1 109 000	1 153 000	2 043 000
Salary Costs	871 000	605 000	870 000	862 000
Depreciation	0	9 000	18 000	38 000
Impairment	0	0	0	0
Expenditure	2 721 000	2 078 000	2 240 000	3 772 000
Operating Profit	−110 000	70 000	−159 000	574 000
Financial Income	2 000	1 000	11 000	11 000
Financial Costs	90 000	44 000	83 000	46 000
Financial Balance	−88 000	−43 000	−72 000	−35 000
Dividends	0	0	0	0
Net Income	−198 000	−24 000	−230 000	458 000

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	4 000	11 000
Fixtures	0	0	5 000	16 000
Total Tangible Assets	0	0	9 000	27 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	9 000	27 000
Stock	345 000	419 000	317 000	365 000
Total Investments	0	0	0	0
Cash, Bank	0	12 000	0	0
Total Current Assets	2 002 000	1 836 000	1 557 000	2 404 000
Total Assets	2 002 000	1 836 000	1 567 000	2 431 000
Total Equity	−228 000	−30 000	−6 000	224 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 445 000	1 377 000	1 054 000	1 269 000
Unpaid Taxes	76 000	96 000	144 000	655 000
Dividends	0	0	0	0
Other Current Debt	423 000	184 000	200 000	190 000
Total Current Debt	2 229 000	1 866 000	1 573 000	2 207 000
Total Equity and Debt	2 002 000	1 836 000	1 567 000	2 431 000

Financial indicators	2021	2020	2019	2018
Return on Equity	86,84 %	80 %	3 833,33 %	204,46 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	−4,21 %	3,26 %	−7,64 %	13,21 %
Current Ratio	0,9	0,98	0,99	1,09
Quick Ratio	1,06	1,27	1,24	1,31
Equity Ratio	−0,11	−0,02	−0	0,09
Gross Profit Margin	36,35 %	48,39 %	44,57 %	52,99 %