RØR OG VARME HELGELAND AS

8610 MO I RANA

Finances

Share Ownership

Return on Equity

73,97 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 742 000	6 097 000	5 076 000	5 279 000
Net Income	787 000	236 000	−36 000	212 000
Total Assets	3 448 000	3 149 000	2 740 000	2 585 000
Total Equity	1 064 000	1 362 000	1 126 000	1 362 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 742 000	6 097 000	5 076 000	5 279 000
Expenditure	6 723 000	5 769 000	5 085 000	4 967 000
Operating Profit	1 019 000	327 000	−9 000	312 000
Financial Income	15 000	5 000	2 000	4 000
Financial Costs	25 000	29 000	39 000	40 000
Financial Balance	−10 000	−24 000	−37 000	−36 000
Earnings Before Tax	1 009 000	302 000	−46 000	275 000
Tax	222 000	66 000	−10 000	63 000
Net Income	787 000	236 000	−36 000	212 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	460 000	663 000	832 000	548 000
Total Current Assets	2 989 000	2 487 000	1 908 000	2 037 000
Total Assets	3 448 000	3 149 000	2 740 000	2 585 000
Total Retained Equity	1 034 000	1 332 000	1 096 000	1 332 000
Total Equity	1 064 000	1 362 000	1 126 000	1 362 000
Total Long-Term Debt	529 000	688 000	893 000	542 000
Total Current Debt	1 856 000	1 100 000	721 000	681 000
Total Equity and Debt	3 448 000	3 149 000	2 740 000	2 585 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 742 000	5 932 000	5 076 000	5 279 000
Other Income	0	164 000	0	0
Revenue	7 742 000	6 097 000	5 076 000	5 279 000
Cost of Goods Sold	3 123 000	2 610 000	2 490 000	2 568 000
Salary Costs	2 636 000	2 322 000	1 861 000	1 600 000
Depreciation	225 000	216 000	226 000	215 000
Impairment	0	0	0	0
Expenditure	6 723 000	5 769 000	5 085 000	4 967 000
Operating Profit	1 019 000	327 000	−9 000	312 000
Financial Income	15 000	5 000	2 000	4 000
Financial Costs	25 000	29 000	39 000	40 000
Financial Balance	−10 000	−24 000	−37 000	−36 000
Dividends	1 085 000	0	0	0
Net Income	787 000	236 000	−36 000	212 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 000	6 000	24 000	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	432 000	548 000	748 000	21 000
Fixtures	0	108 000	61 000	498 000
Total Tangible Assets	432 000	657 000	809 000	519 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	460 000	663 000	832 000	548 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 382 000	2 068 000	898 000	830 000
Total Current Assets	2 989 000	2 487 000	1 908 000	2 037 000
Total Assets	3 448 000	3 149 000	2 740 000	2 585 000
Total Equity	1 064 000	1 362 000	1 126 000	1 362 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	529 000	688 000	893 000	542 000
Creditors	647 000	422 000	223 000	225 000
Unpaid Taxes	672 000	376 000	291 000	177 000
Dividends	1 085 000	0	0	0
Other Current Debt	293 000	253 000	207 000	179 000
Total Current Debt	1 856 000	1 100 000	721 000	681 000
Total Equity and Debt	3 448 000	3 149 000	2 740 000	2 585 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,97 %	17,33 %	−3,2 %	15,57 %
Debt-to-Equity Ratio	0,5	0,51	0,79	0,4
Operating Profit Margin	13,16 %	5,36 %	−0,18 %	5,91 %
Current Ratio	1,61	2,26	2,65	2,99
Quick Ratio	1,61	2,26	2,65	2,99
Equity Ratio	0,31	0,43	0,41	0,53
Gross Profit Margin	59,66 %	57,19 %	50,95 %	51,35 %