SKANDINAVISK RØR AS

1363 HØVIK

Finances

Return on Equity

17,99 %

Current Ratio

0,97

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 633 000	886 000	267 000	425 000
Net Income	347 000	241 000	671 000	732 000
Total Assets	4 184 000	3 527 000	2 202 000	1 831 000
Total Equity	1 929 000	1 581 000	1 340 000	1 269 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 633 000	886 000	267 000	425 000
Expenditure	1 149 000	559 000	162 000	98 000
Operating Profit	483 000	327 000	105 000	326 000
Financial Income	4 000	0	600 000	501 000
Financial Costs	34 000	19 000	14 000	27 000
Financial Balance	−30 000	−19 000	586 000	474 000
Earnings Before Tax	453 000	309 000	690 000	801 000
Tax	105 000	68 000	20 000	69 000
Net Income	347 000	241 000	671 000	732 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	3 100 000	2 570 000	2 073 000	1 247 000
Total Current Assets	1 085 000	957 000	130 000	584 000
Total Assets	4 184 000	3 527 000	2 202 000	1 831 000
Total Retained Equity	1 899 000	1 551 000	1 310 000	1 239 000
Total Equity	1 929 000	1 581 000	1 340 000	1 269 000
Total Long-Term Debt	1 132 000	1 334 000	830 000	87 000
Total Current Debt	1 123 000	612 000	33 000	475 000
Total Equity and Debt	4 184 000	3 527 000	2 202 000	1 831 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 275 000	546 000	0	0
Other Income	358 000	340 000	267 000	425 000
Revenue	1 633 000	886 000	267 000	425 000
Cost of Goods Sold	989 000	404 000	0	0
Salary Costs	0	0	0	0
Depreciation	118 000	116 000	108 000	59 000
Impairment	0	0	0	0
Expenditure	1 149 000	559 000	162 000	98 000
Operating Profit	483 000	327 000	105 000	326 000
Financial Income	4 000	0	600 000	501 000
Financial Costs	34 000	19 000	14 000	27 000
Financial Balance	−30 000	−19 000	586 000	474 000
Dividends	0	0	0	400 000
Net Income	347 000	241 000	671 000	732 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	332 000	186 000	213 000	0
Fixtures	286 000	355 000	506 000	312 000
Total Tangible Assets	618 000	541 000	719 000	312 000
Total Fiancial Fixed Assets	2 482 000	2 029 000	1 353 000	935 000
Total Fixed Assets	3 100 000	2 570 000	2 073 000	1 247 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 010 000	764 000	76 000	181 000
Total Current Assets	1 085 000	957 000	130 000	584 000
Total Assets	4 184 000	3 527 000	2 202 000	1 831 000
Total Equity	1 929 000	1 581 000	1 340 000	1 269 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 132 000	1 334 000	830 000	87 000
Creditors	362 000	0	0	0
Unpaid Taxes	56 000	142 000	19 000	2 000
Dividends	0	0	0	400 000
Other Current Debt	624 000	404 000	11 000	11 000
Total Current Debt	1 123 000	612 000	33 000	475 000
Total Equity and Debt	4 184 000	3 527 000	2 202 000	1 831 000

Financial indicators	2021	2020	2019	2018
Return on Equity	17,99 %	15,24 %	50,07 %	57,68 %
Debt-to-Equity Ratio	0,59	0,84	0,62	0,07
Operating Profit Margin	29,58 %	36,91 %	39,33 %	76,71 %
Current Ratio	0,97	1,56	3,94	1,23
Quick Ratio	0,97	1,56	3,94	1,23
Equity Ratio	0,46	0,45	0,61	0,69
Gross Profit Margin	39,44 %	54,4 %	100 %	100 %