RØRLEGGERMESTER MORTEN HOLM AS

2170 FENSTAD

Finances

Share Ownership

Return on Equity

9,9 %

Current Ratio

1,73

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 639 000	4 001 000	3 620 000	3 413 000
Net Income	61 000	155 000	307 000	339 000
Total Assets	2 074 000	1 676 000	1 419 000	1 205 000
Total Equity	616 000	555 000	400 000	293 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 639 000	4 001 000	3 620 000	3 413 000
Expenditure	4 496 000	3 798 000	3 228 000	3 034 000
Operating Profit	143 000	203 000	392 000	379 000
Financial Income	5 000	5 000	7 000	0
Financial Costs	40 000	11 000	9 000	5 000
Financial Balance	−35 000	−6 000	−2 000	−5 000
Earnings Before Tax	108 000	197 000	390 000	375 000
Tax	47 000	42 000	83 000	36 000
Net Income	61 000	155 000	307 000	339 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	498 000	18 000	0	0
Total Current Assets	1 576 000	1 658 000	1 419 000	1 205 000
Total Assets	2 074 000	1 676 000	1 419 000	1 205 000
Total Retained Equity	592 000	531 000	376 000	269 000
Total Equity	616 000	555 000	400 000	293 000
Total Long-Term Debt	545 000	0	0	0
Total Current Debt	913 000	1 121 000	1 019 000	912 000
Total Equity and Debt	2 074 000	1 676 000	1 419 000	1 205 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 629 000	4 001 000	3 620 000	3 413 000
Other Income	10 000	0	0	0
Revenue	4 639 000	4 001 000	3 620 000	3 413 000
Cost of Goods Sold	3 040 000	2 782 000	2 250 000	1 978 000
Salary Costs	831 000	644 000	580 000	715 000
Depreciation	130 000	7 000	0	31 000
Impairment	0	0	0	0
Expenditure	4 496 000	3 798 000	3 228 000	3 034 000
Operating Profit	143 000	203 000	392 000	379 000
Financial Income	5 000	5 000	7 000	0
Financial Costs	40 000	11 000	9 000	5 000
Financial Balance	−35 000	−6 000	−2 000	−5 000
Dividends	0	0	200 000	0
Net Income	61 000	155 000	307 000	339 000

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	498 000	18 000	0	0
Total Tangible Assets	498 000	18 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	498 000	18 000	0	0
Stock	498 000	214 000	346 000	305 000
Total Investments	0	0	0	0
Cash, Bank	196 000	68 000	43 000	171 000
Total Current Assets	1 576 000	1 658 000	1 419 000	1 205 000
Total Assets	2 074 000	1 676 000	1 419 000	1 205 000
Total Equity	616 000	555 000	400 000	293 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	545 000	0	0	0
Creditors	446 000	583 000	414 000	365 000
Unpaid Taxes	252 000	334 000	190 000	172 000
Dividends	0	0	200 000	0
Other Current Debt	168 000	162 000	332 000	340 000
Total Current Debt	913 000	1 121 000	1 019 000	912 000
Total Equity and Debt	2 074 000	1 676 000	1 419 000	1 205 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,9 %	27,93 %	76,75 %	115,7 %
Debt-to-Equity Ratio	0,88	0	0	0
Operating Profit Margin	3,08 %	5,07 %	10,83 %	11,1 %
Current Ratio	1,73	1,48	1,39	1,32
Quick Ratio	3,8	1,83	2,11	1,99
Equity Ratio	0,3	0,33	0,28	0,24
Gross Profit Margin	34,47 %	30,47 %	37,85 %	42,05 %