MELANDS RØRSERVICE AS

7031 TRONDHEIM

Finances

Return on Equity

9,34 %

Current Ratio

3,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 458 000	3 389 000	3 074 000	2 666 000
Net Income	210 000	83 000	230 000	168 000
Total Assets	3 148 000	2 704 000	2 657 000	2 176 000
Total Equity	2 248 000	2 038 000	1 956 000	1 726 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 458 000	3 389 000	3 074 000	2 666 000
Expenditure	3 183 000	3 275 000	2 779 000	2 450 000
Operating Profit	274 000	114 000	295 000	216 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Earnings Before Tax	274 000	114 000	295 000	216 000
Tax	64 000	31 000	65 000	48 000
Net Income	210 000	83 000	230 000	168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	52 000	130 000	208 000
Total Current Assets	3 128 000	2 652 000	2 527 000	1 968 000
Total Assets	3 148 000	2 704 000	2 657 000	2 176 000
Total Retained Equity	2 218 000	2 008 000	1 926 000	1 696 000
Total Equity	2 248 000	2 038 000	1 956 000	1 726 000
Total Long-Term Debt	0	0	7 000	18 000
Total Current Debt	900 000	666 000	694 000	432 000
Total Equity and Debt	3 148 000	2 704 000	2 657 000	2 176 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 458 000	3 389 000	3 059 000	2 666 000
Other Income	0	0	15 000	0
Revenue	3 458 000	3 389 000	3 074 000	2 666 000
Cost of Goods Sold	1 124 000	1 259 000	970 000	839 000
Salary Costs	1 728 000	1 620 000	1 416 000	1 230 000
Depreciation	32 000	78 000	78 000	78 000
Impairment	0	0	0	0
Expenditure	3 183 000	3 275 000	2 779 000	2 450 000
Operating Profit	274 000	114 000	295 000	216 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Dividends	0	0	0	0
Net Income	210 000	83 000	230 000	168 000

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	0	32 000	110 000	188 000
Total Tangible Assets	0	32 000	110 000	188 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	20 000	52 000	130 000	208 000
Stock	5 000	6 000	6 000	8 000
Total Investments	0	0	0	0
Cash, Bank	701 000	943 000	1 146 000	661 000
Total Current Assets	3 128 000	2 652 000	2 527 000	1 968 000
Total Assets	3 148 000	2 704 000	2 657 000	2 176 000
Total Equity	2 248 000	2 038 000	1 956 000	1 726 000
Short-Term Group Debt	0	0	63 000	73 000
Total Long-Term Debt	0	0	7 000	18 000
Creditors	191 000	25 000	16 000	71 000
Unpaid Taxes	256 000	425 000	360 000	100 000
Dividends	0	0	0	0
Other Current Debt	389 000	178 000	179 000	131 000
Total Current Debt	900 000	666 000	694 000	432 000
Total Equity and Debt	3 148 000	2 704 000	2 657 000	2 176 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,34 %	4,07 %	11,76 %	9,73 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	7,92 %	3,36 %	9,6 %	8,1 %
Current Ratio	3,48	3,98	3,64	4,56
Quick Ratio	3,49	4,02	3,67	4,64
Equity Ratio	0,71	0,75	0,74	0,79
Gross Profit Margin	67,5 %	62,85 %	68,45 %	68,53 %