GRORUD RØRLEGGER-SERVICE AS

0962 OSLO

Finances

Share Ownership

Return on Equity

806,45 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 367 000	7 849 000	5 961 000	4 441 000
Net Income	750 000	1 135 000	421 000	196 000
Total Assets	1 876 000	2 341 000	1 557 000	1 130 000
Total Equity	93 000	243 000	208 000	237 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 367 000	7 849 000	5 961 000	4 441 000
Expenditure	7 406 000	6 392 000	5 415 000	4 188 000
Operating Profit	961 000	1 457 000	546 000	254 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	4 000	2 000
Financial Balance	0	−2 000	−4 000	−2 000
Earnings Before Tax	960 000	1 455 000	543 000	252 000
Tax	211 000	320 000	121 000	56 000
Net Income	750 000	1 135 000	421 000	196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	35 000	49 000	0
Total Current Assets	1 854 000	2 306 000	1 508 000	1 130 000
Total Assets	1 876 000	2 341 000	1 557 000	1 130 000
Total Retained Equity	63 000	0	0	0
Total Equity	93 000	243 000	208 000	237 000
Total Long-Term Debt	0	3 000	2 000	0
Total Current Debt	1 783 000	2 095 000	1 347 000	893 000
Total Equity and Debt	1 876 000	2 341 000	1 557 000	1 130 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 367 000	7 849 000	5 961 000	4 441 000
Other Income	0	0	0	0
Revenue	8 367 000	7 849 000	5 961 000	4 441 000
Cost of Goods Sold	4 665 000	3 769 000	2 871 000	2 191 000
Salary Costs	1 863 000	1 824 000	1 894 000	1 442 000
Depreciation	14 000	14 000	12 000	0
Impairment	0	0	0	0
Expenditure	7 406 000	6 392 000	5 415 000	4 188 000
Operating Profit	961 000	1 457 000	546 000	254 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	4 000	2 000
Financial Balance	0	−2 000	−4 000	−2 000
Dividends	900 000	1 100 000	450 000	0
Net Income	750 000	1 135 000	421 000	196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	35 000	49 000	0
Total Tangible Assets	20 000	35 000	49 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	35 000	49 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 044 000	1 547 000	1 171 000	354 000
Total Current Assets	1 854 000	2 306 000	1 508 000	1 130 000
Total Assets	1 876 000	2 341 000	1 557 000	1 130 000
Total Equity	93 000	243 000	208 000	237 000
Short-Term Group Debt	0	1 100 000	450 000	0
Total Long-Term Debt	0	3 000	2 000	0
Creditors	261 000	195 000	197 000	498 000
Unpaid Taxes	254 000	330 000	256 000	158 000
Dividends	900 000	1 100 000	450 000	0
Other Current Debt	153 000	152 000	325 000	181 000
Total Current Debt	1 783 000	2 095 000	1 347 000	893 000
Total Equity and Debt	1 876 000	2 341 000	1 557 000	1 130 000

Financial indicators	2022	2021	2020	2019
Return on Equity	806,45 %	467,08 %	202,4 %	82,7 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	11,49 %	18,56 %	9,16 %	5,72 %
Current Ratio	1,04	1,1	1,12	1,27
Quick Ratio	1,04	1,1	1,12	1,27
Equity Ratio	0,05	0,1	0,13	0,21
Gross Profit Margin	44,25 %	51,98 %	51,84 %	50,66 %