ØSTFOLD RØR AS

1712 GRÅLUM

Finances

Share Ownership

Return on Equity

51,48 %

Current Ratio

1,88

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	115 910 000	75 319 000	89 724 000	107 607 000
Net Income	8 251 000	2 516 000	2 373 000	1 172 000
Total Assets	40 517 000	31 097 000	25 724 000	33 390 000
Total Equity	16 027 000	7 776 000	5 260 000	2 887 000

Income (NOK)	2022	2021	2020	2019
Revenue	115 910 000	75 319 000	89 724 000	107 607 000
Expenditure	105 188 000	71 887 000	86 313 000	105 782 000
Operating Profit	10 722 000	3 433 000	3 410 000	1 827 000
Financial Income	50 000	38 000	51 000	31 000
Financial Costs	189 000	243 000	418 000	353 000
Financial Balance	−139 000	−205 000	−367 000	−322 000
Earnings Before Tax	10 583 000	3 227 000	3 043 000	1 504 000
Tax	2 332 000	711 000	671 000	332 000
Net Income	8 251 000	2 516 000	2 373 000	1 172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	847 000	838 000	1 667 000	2 809 000
Total Current Assets	39 670 000	30 258 000	24 057 000	30 580 000
Total Assets	40 517 000	31 097 000	25 724 000	33 390 000
Total Retained Equity	15 027 000	6 776 000	4 260 000	1 887 000
Total Equity	16 027 000	7 776 000	5 260 000	2 887 000
Total Long-Term Debt	3 353 000	4 272 000	5 744 000	1 005 000
Total Current Debt	21 137 000	19 048 000	14 720 000	29 497 000
Total Equity and Debt	40 517 000	31 097 000	25 724 000	33 390 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	115 873 000	75 315 000	89 662 000	107 255 000
Other Income	37 000	4 000	62 000	352 000
Revenue	115 910 000	75 319 000	89 724 000	107 607 000
Cost of Goods Sold	52 667 000	29 566 000	42 543 000	61 069 000
Salary Costs	40 976 000	33 868 000	36 705 000	36 143 000
Depreciation	510 000	705 000	780 000	706 000
Impairment	0	0	0	0
Expenditure	105 188 000	71 887 000	86 313 000	105 782 000
Operating Profit	10 722 000	3 433 000	3 410 000	1 827 000
Financial Income	50 000	38 000	51 000	31 000
Financial Costs	189 000	243 000	418 000	353 000
Financial Balance	−139 000	−205 000	−367 000	−322 000
Dividends	0	0	0	0
Net Income	8 251 000	2 516 000	2 373 000	1 172 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	307 000	977 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	724 000	702 000	1 187 000	1 604 000
Total Tangible Assets	724 000	702 000	1 187 000	1 604 000
Total Fiancial Fixed Assets	123 000	136 000	172 000	228 000
Total Fixed Assets	847 000	838 000	1 667 000	2 809 000
Stock	0	736 000	739 000	1 920 000
Total Investments	0	0	0	0
Cash, Bank	11 874 000	2 367 000	1 158 000	1 130 000
Total Current Assets	39 670 000	30 258 000	24 057 000	30 580 000
Total Assets	40 517 000	31 097 000	25 724 000	33 390 000
Total Equity	16 027 000	7 776 000	5 260 000	2 887 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 353 000	4 272 000	5 744 000	1 005 000
Creditors	6 576 000	6 611 000	3 325 000	14 303 000
Unpaid Taxes	4 347 000	4 915 000	4 070 000	3 149 000
Dividends	0	0	0	0
Other Current Debt	9 884 000	7 523 000	6 337 000	8 213 000
Total Current Debt	21 137 000	19 048 000	14 720 000	29 497 000
Total Equity and Debt	40 517 000	31 097 000	25 724 000	33 390 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,48 %	32,36 %	45,11 %	40,6 %
Debt-to-Equity Ratio	0,21	0,55	1,09	0,35
Operating Profit Margin	9,25 %	4,56 %	3,8 %	1,7 %
Current Ratio	1,88	1,59	1,63	1,04
Quick Ratio	1,88	1,65	1,72	1,11
Equity Ratio	0,4	0,25	0,2	0,09
Gross Profit Margin	54,56 %	60,75 %	52,58 %	43,25 %