GASS OG RØRSERVICE AS

3930 PORSGRUNN

Finances

Return on Equity

20,24 %

Current Ratio

8,29

Debt-to-Equity Ratio

0,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 202 000	3 843 000	4 488 000	3 565 000
Net Income	381 000	384 000	491 000	151 000
Total Assets	3 716 000	1 971 000	1 952 000	1 572 000
Total Equity	1 882 000	1 502 000	1 118 000	627 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 202 000	3 843 000	4 488 000	3 565 000
Expenditure	4 720 000	3 373 000	3 874 000	3 349 000
Operating Profit	482 000	470 000	664 000	216 000
Financial Income	0	41 000	0	1 000
Financial Costs	22 000	13 000	19 000	22 000
Financial Balance	−22 000	28 000	−19 000	−21 000
Earnings Before Tax	460 000	498 000	645 000	195 000
Tax	80 000	114 000	154 000	44 000
Net Income	381 000	384 000	491 000	151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 777 000	154 000	211 000	343 000
Total Current Assets	1 939 000	1 817 000	1 741 000	1 230 000
Total Assets	3 716 000	1 971 000	1 952 000	1 572 000
Total Retained Equity	1 852 000	1 472 000	1 088 000	597 000
Total Equity	1 882 000	1 502 000	1 118 000	627 000
Total Long-Term Debt	1 600 000	247 000	332 000	415 000
Total Current Debt	234 000	222 000	502 000	531 000
Total Equity and Debt	3 716 000	1 971 000	1 952 000	1 572 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 983 000	3 843 000	4 488 000	3 565 000
Other Income	218 000	0	0	0
Revenue	5 202 000	3 843 000	4 488 000	3 565 000
Cost of Goods Sold	2 845 000	1 731 000	2 417 000	1 844 000
Salary Costs	1 111 000	949 000	839 000	907 000
Depreciation	161 000	145 000	131 000	112 000
Impairment	0	0	0	0
Expenditure	4 720 000	3 373 000	3 874 000	3 349 000
Operating Profit	482 000	470 000	664 000	216 000
Financial Income	0	41 000	0	1 000
Financial Costs	22 000	13 000	19 000	22 000
Financial Balance	−22 000	28 000	−19 000	−21 000
Dividends	0	0	0	0
Net Income	381 000	384 000	491 000	151 000

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	533 000	69 000	39 000	52 000
Fixtures	40 000	85 000	172 000	290 000
Total Tangible Assets	573 000	154 000	211 000	343 000
Total Fiancial Fixed Assets	1 204 000	0	0	0
Total Fixed Assets	1 777 000	154 000	211 000	343 000
Stock	100 000	100 000	100 000	50 000
Total Investments	59 000	61 000	20 000	0
Cash, Bank	655 000	949 000	847 000	493 000
Total Current Assets	1 939 000	1 817 000	1 741 000	1 230 000
Total Assets	3 716 000	1 971 000	1 952 000	1 572 000
Total Equity	1 882 000	1 502 000	1 118 000	627 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 600 000	247 000	332 000	415 000
Creditors	−383 000	−279 000	−30 000	224 000
Unpaid Taxes	535 000	342 000	313 000	234 000
Dividends	0	0	0	0
Other Current Debt	21 000	46 000	62 000	20 000
Total Current Debt	234 000	222 000	502 000	531 000
Total Equity and Debt	3 716 000	1 971 000	1 952 000	1 572 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,24 %	25,57 %	43,92 %	24,08 %
Debt-to-Equity Ratio	0,85	0,16	0,3	0,66
Operating Profit Margin	9,27 %	12,23 %	14,8 %	6,06 %
Current Ratio	8,29	8,18	3,47	2,32
Quick Ratio	14,47	14,89	4,33	2,56
Equity Ratio	0,51	0,76	0,57	0,4
Gross Profit Margin	45,31 %	54,96 %	46,15 %	48,27 %