FREDRIKSTAD RØRLEGGERSERVICE AS

1665 ROLVSØY

Finances

Return on Equity

9,55 %

Current Ratio

2,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 839 000	1 780 000	1 520 000	1 428 000
Net Income	97 000	87 000	194 000	−104 000
Total Assets	1 575 000	1 518 000	1 306 000	1 255 000
Total Equity	1 016 000	919 000	832 000	638 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 839 000	1 780 000	1 520 000	1 428 000
Expenditure	1 748 000	1 648 000	1 315 000	1 538 000
Operating Profit	91 000	132 000	205 000	−110 000
Financial Income	29 000	19 000	19 000	19 000
Financial Costs	1 000	5 000	8 000	13 000
Financial Balance	28 000	14 000	11 000	6 000
Earnings Before Tax	119 000	146 000	216 000	−104 000
Tax	22 000	58 000	22 000	0
Net Income	97 000	87 000	194 000	−104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	30 000	122 000	213 000
Total Current Assets	1 575 000	1 488 000	1 184 000	1 042 000
Total Assets	1 575 000	1 518 000	1 306 000	1 255 000
Total Retained Equity	916 000	819 000	732 000	538 000
Total Equity	1 016 000	919 000	832 000	638 000
Total Long-Term Debt	0	29 000	97 000	162 000
Total Current Debt	559 000	570 000	377 000	454 000
Total Equity and Debt	1 575 000	1 518 000	1 306 000	1 255 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 957 000	1 801 000	1 608 000	1 182 000
Other Income	−118 000	−21 000	−88 000	246 000
Revenue	1 839 000	1 780 000	1 520 000	1 428 000
Cost of Goods Sold	676 000	507 000	421 000	455 000
Salary Costs	730 000	649 000	478 000	661 000
Depreciation	30 000	91 000	91 000	91 000
Impairment	0	0	0	0
Expenditure	1 748 000	1 648 000	1 315 000	1 538 000
Operating Profit	91 000	132 000	205 000	−110 000
Financial Income	29 000	19 000	19 000	19 000
Financial Costs	1 000	5 000	8 000	13 000
Financial Balance	28 000	14 000	11 000	6 000
Dividends	0	0	0	0
Net Income	97 000	87 000	194 000	−104 000

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	0
Fixtures	0	30 000	122 000	213 000
Total Tangible Assets	0	30 000	122 000	213 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	30 000	122 000	213 000
Stock	0	0	0	0
Total Investments	165 000	165 000	165 000	165 000
Cash, Bank	881 000	707 000	567 000	308 000
Total Current Assets	1 575 000	1 488 000	1 184 000	1 042 000
Total Assets	1 575 000	1 518 000	1 306 000	1 255 000
Total Equity	1 016 000	919 000	832 000	638 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	29 000	97 000	162 000
Creditors	57 000	103 000	38 000	95 000
Unpaid Taxes	197 000	134 000	79 000	71 000
Dividends	0	0	0	0
Other Current Debt	282 000	274 000	238 000	287 000
Total Current Debt	559 000	570 000	377 000	454 000
Total Equity and Debt	1 575 000	1 518 000	1 306 000	1 255 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,55 %	9,47 %	23,32 %	−16,3 %
Debt-to-Equity Ratio	0	0,03	0,12	0,25
Operating Profit Margin	4,95 %	7,42 %	13,49 %	−7,7 %
Current Ratio	2,82	2,61	3,14	2,3
Quick Ratio	2,82	2,61	3,14	2,3
Equity Ratio	0,65	0,61	0,64	0,51
Gross Profit Margin	63,24 %	71,52 %	72,3 %	68,14 %