ØST RØRSERVICE AS

1637 GAMLE FREDRIKSTAD

Finances

Return on Equity

−25,52 %

Current Ratio

0,8

Debt-to-Equity Ratio

−5,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 391 000	2 353 000	2 060 000	1 975 000
Net Income	37 000	9 000	60 000	−203 000
Total Assets	1 610 000	913 000	1 220 000	1 109 000
Total Equity	−145 000	−182 000	−191 000	−251 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 391 000	2 353 000	2 060 000	1 975 000
Expenditure	2 263 000	2 308 000	1 980 000	2 150 000
Operating Profit	128 000	45 000	81 000	−173 000
Financial Income	0	0	0	0
Financial Costs	81 000	32 000	21 000	29 000
Financial Balance	−81 000	−32 000	−21 000	−29 000
Earnings Before Tax	48 000	12 000	60 000	−203 000
Tax	10 000	3 000	0	0
Net Income	37 000	9 000	60 000	−203 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	851 000	83 000	426 000	785 000
Total Current Assets	759 000	830 000	794 000	324 000
Total Assets	1 610 000	913 000	1 220 000	1 109 000
Total Retained Equity	−195 000	−232 000	−241 000	−301 000
Total Equity	−145 000	−182 000	−191 000	−251 000
Total Long-Term Debt	804 000	7 000	428 000	719 000
Total Current Debt	950 000	1 088 000	984 000	641 000
Total Equity and Debt	1 610 000	913 000	1 220 000	1 109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 390 000	2 265 000	2 012 000	1 975 000
Other Income	1 000	87 000	48 000	1 000
Revenue	2 391 000	2 353 000	2 060 000	1 975 000
Cost of Goods Sold	979 000	1 139 000	1 113 000	969 000
Salary Costs	609 000	605 000	279 000	517 000
Depreciation	145 000	7 000	114 000	161 000
Impairment	0	0	0	0
Expenditure	2 263 000	2 308 000	1 980 000	2 150 000
Operating Profit	128 000	45 000	81 000	−173 000
Financial Income	0	0	0	0
Financial Costs	81 000	32 000	21 000	29 000
Financial Balance	−81 000	−32 000	−21 000	−29 000
Dividends	0	0	0	0
Net Income	37 000	9 000	60 000	−203 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	18 000	0	29 000	38 000
Fixtures	778 000	28 000	342 000	692 000
Total Tangible Assets	796 000	28 000	371 000	730 000
Total Fiancial Fixed Assets	55 000	55 000	55 000	55 000
Total Fixed Assets	851 000	83 000	426 000	785 000
Stock	62 000	62 000	84 000	0
Total Investments	0	0	0	0
Cash, Bank	232 000	45 000	46 000	92 000
Total Current Assets	759 000	830 000	794 000	324 000
Total Assets	1 610 000	913 000	1 220 000	1 109 000
Total Equity	−145 000	−182 000	−191 000	−251 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	804 000	7 000	428 000	719 000
Creditors	248 000	345 000	409 000	315 000
Unpaid Taxes	127 000	200 000	88 000	33 000
Dividends	0	0	0	0
Other Current Debt	575 000	540 000	487 000	293 000
Total Current Debt	950 000	1 088 000	984 000	641 000
Total Equity and Debt	1 610 000	913 000	1 220 000	1 109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,52 %	−4,95 %	−31,41 %	80,88 %
Debt-to-Equity Ratio	−5,54	−0,04	−2,24	−2,86
Operating Profit Margin	5,35 %	1,91 %	3,93 %	−8,76 %
Current Ratio	0,8	0,76	0,81	0,51
Quick Ratio	0,85	0,81	0,88	0,51
Equity Ratio	−0,09	−0,2	−0,16	−0,23
Gross Profit Margin	59,05 %	51,59 %	45,97 %	50,94 %