RØRLEGGERMESTER EDVARD TJØSTHEIM AS

4150 RENNESØY

Finances

Return on Equity

78,33 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 620 000	3 523 000	3 677 000	3 188 000
Net Income	1 041 000	590 000	719 000	595 000
Total Assets	3 107 000	2 702 000	3 095 000	3 345 000
Total Equity	1 329 000	1 588 000	1 498 000	1 779 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 620 000	3 523 000	3 677 000	3 188 000
Expenditure	3 349 000	2 813 000	2 802 000	2 468 000
Operating Profit	1 271 000	711 000	874 000	721 000
Financial Income	53 000	36 000	40 000	35 000
Financial Costs	0	0	0	0
Financial Balance	53 000	36 000	40 000	35 000
Earnings Before Tax	1 324 000	748 000	913 000	756 000
Tax	283 000	158 000	195 000	161 000
Net Income	1 041 000	590 000	719 000	595 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	688 000	800 000	738 000	807 000
Total Current Assets	2 419 000	1 902 000	2 357 000	2 539 000
Total Assets	3 107 000	2 702 000	3 095 000	3 345 000
Total Retained Equity	1 219 000	1 478 000	1 388 000	1 669 000
Total Equity	1 329 000	1 588 000	1 498 000	1 779 000
Total Long-Term Debt	95 000	42 000	40 000	35 000
Total Current Debt	1 683 000	1 072 000	1 557 000	1 531 000
Total Equity and Debt	3 107 000	2 702 000	3 095 000	3 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 299 000	3 523 000	3 677 000	3 188 000
Other Income	321 000	0	0	0
Revenue	4 620 000	3 523 000	3 677 000	3 188 000
Cost of Goods Sold	1 438 000	1 153 000	1 216 000	992 000
Salary Costs	935 000	841 000	670 000	646 000
Depreciation	68 000	76 000	69 000	77 000
Impairment	0	0	0	0
Expenditure	3 349 000	2 813 000	2 802 000	2 468 000
Operating Profit	1 271 000	711 000	874 000	721 000
Financial Income	53 000	36 000	40 000	35 000
Financial Costs	0	0	0	0
Financial Balance	53 000	36 000	40 000	35 000
Dividends	1 300 000	500 000	1 000 000	500 000
Net Income	1 041 000	590 000	719 000	595 000

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	0	0	0	2 000
Fixtures	389 000	501 000	517 000	584 000
Total Tangible Assets	389 000	501 000	517 000	586 000
Total Fiancial Fixed Assets	299 000	299 000	221 000	221 000
Total Fixed Assets	688 000	800 000	738 000	807 000
Stock	30 000	36 000	42 000	0
Total Investments	0	0	0	0
Cash, Bank	1 099 000	571 000	1 625 000	1 422 000
Total Current Assets	2 419 000	1 902 000	2 357 000	2 539 000
Total Assets	3 107 000	2 702 000	3 095 000	3 345 000
Total Equity	1 329 000	1 588 000	1 498 000	1 779 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	95 000	42 000	40 000	35 000
Creditors	−168 000	78 000	192 000	95 000
Unpaid Taxes	213 000	247 000	110 000	187 000
Dividends	1 300 000	500 000	1 000 000	500 000
Other Current Debt	109 000	91 000	64 000	586 000
Total Current Debt	1 683 000	1 072 000	1 557 000	1 531 000
Total Equity and Debt	3 107 000	2 702 000	3 095 000	3 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,33 %	37,15 %	48 %	33,45 %
Debt-to-Equity Ratio	0,07	0,03	0,03	0,02
Operating Profit Margin	27,51 %	20,18 %	23,77 %	22,62 %
Current Ratio	1,44	1,77	1,51	1,66
Quick Ratio	1,46	1,84	1,56	1,66
Equity Ratio	0,43	0,59	0,48	0,53
Gross Profit Margin	68,87 %	67,27 %	66,93 %	68,88 %