MIRETU RÖR & SVEIS AS

3183 HORTEN

Finances

Return on Equity

8,28 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 094 000	11 761 000	12 695 000	14 613 000
Net Income	148 000	21 000	220 000	831 000
Total Assets	3 341 000	2 796 000	3 366 000	5 933 000
Total Equity	1 787 000	1 639 000	1 743 000	1 524 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 094 000	11 761 000	12 695 000	14 613 000
Expenditure	10 922 000	11 726 000	12 417 000	13 541 000
Operating Profit	171 000	35 000	277 000	1 073 000
Financial Income	23 000	1 000	10 000	1 000
Financial Costs	4 000	7 000	5 000	8 000
Financial Balance	19 000	−6 000	5 000	−7 000
Earnings Before Tax	189 000	29 000	282 000	1 066 000
Tax	42 000	9 000	62 000	235 000
Net Income	148 000	21 000	220 000	831 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	481 000	625 000	741 000	928 000
Total Current Assets	2 860 000	2 172 000	2 626 000	5 005 000
Total Assets	3 341 000	2 796 000	3 366 000	5 933 000
Total Retained Equity	1 667 000	1 519 000	1 623 000	1 403 000
Total Equity	1 787 000	1 639 000	1 743 000	1 524 000
Total Long-Term Debt	0	0	0	6 000
Total Current Debt	1 554 000	1 157 000	1 623 000	4 403 000
Total Equity and Debt	3 341 000	2 796 000	3 366 000	5 933 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 094 000	11 577 000	12 516 000	14 613 000
Other Income	0	184 000	179 000	0
Revenue	11 094 000	11 761 000	12 695 000	14 613 000
Cost of Goods Sold	2 978 000	3 768 000	3 351 000	4 438 000
Salary Costs	5 517 000	4 985 000	6 587 000	6 812 000
Depreciation	228 000	277 000	293 000	247 000
Impairment	0	0	0	0
Expenditure	10 922 000	11 726 000	12 417 000	13 541 000
Operating Profit	171 000	35 000	277 000	1 073 000
Financial Income	23 000	1 000	10 000	1 000
Financial Costs	4 000	7 000	5 000	8 000
Financial Balance	19 000	−6 000	5 000	−7 000
Dividends	0	125 000	0	0
Net Income	148 000	21 000	220 000	831 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 000	36 000	14 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	369 000	527 000	669 000	919 000
Fixtures	0	0	52 000	0
Total Tangible Assets	369 000	527 000	721 000	919 000
Total Fiancial Fixed Assets	60 000	61 000	5 000	9 000
Total Fixed Assets	481 000	625 000	741 000	928 000
Stock	140 000	115 000	23 000	20 000
Total Investments	0	0	0	0
Cash, Bank	1 541 000	997 000	1 656 000	1 737 000
Total Current Assets	2 860 000	2 172 000	2 626 000	5 005 000
Total Assets	3 341 000	2 796 000	3 366 000	5 933 000
Total Equity	1 787 000	1 639 000	1 743 000	1 524 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	6 000
Creditors	262 000	158 000	289 000	1 515 000
Unpaid Taxes	666 000	519 000	671 000	1 688 000
Dividends	0	125 000	0	0
Other Current Debt	569 000	450 000	580 000	961 000
Total Current Debt	1 554 000	1 157 000	1 623 000	4 403 000
Total Equity and Debt	3 341 000	2 796 000	3 366 000	5 933 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,28 %	1,28 %	12,62 %	54,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,54 %	0,3 %	2,18 %	7,34 %
Current Ratio	1,84	1,88	1,62	1,14
Quick Ratio	2,02	2,08	1,64	1,14
Equity Ratio	0,53	0,59	0,52	0,26
Gross Profit Margin	73,16 %	67,96 %	73,6 %	69,63 %