TB RØRSERVICE AS

3060 SVELVIK

Finances

Share Ownership

Return on Equity

−120,41 %

Current Ratio

0,66

Debt-to-Equity Ratio

−2,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 394 000	1 266 000	1 094 000	1 183 000
Net Income	59 000	1 000	−12 000	−14 000
Total Assets	258 000	109 000	148 000	317 000
Total Equity	−49 000	−108 000	−108 000	−96 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 394 000	1 266 000	1 094 000	1 183 000
Expenditure	1 301 000	1 258 000	1 100 000	1 187 000
Operating Profit	94 000	8 000	−6 000	−4 000
Financial Income	0	0	0	0
Financial Costs	18 000	7 000	10 000	12 000
Financial Balance	−18 000	−7 000	−10 000	−12 000
Earnings Before Tax	76 000	1 000	−15 000	−16 000
Tax	17 000	0	−3 000	−2 000
Net Income	59 000	1 000	−12 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	131 000	57 000	83 000	106 000
Total Current Assets	127 000	51 000	64 000	211 000
Total Assets	258 000	109 000	148 000	317 000
Total Retained Equity	−79 000	−138 000	−138 000	−126 000
Total Equity	−49 000	−108 000	−108 000	−96 000
Total Long-Term Debt	114 000	22 000	47 000	73 000
Total Current Debt	192 000	195 000	209 000	341 000
Total Equity and Debt	258 000	109 000	148 000	317 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 376 000	1 266 000	1 094 000	1 183 000
Other Income	18 000	0	0	0
Revenue	1 394 000	1 266 000	1 094 000	1 183 000
Cost of Goods Sold	260 000	214 000	358 000	388 000
Salary Costs	782 000	809 000	542 000	598 000
Depreciation	39 000	26 000	26 000	26 000
Impairment	0	0	0	0
Expenditure	1 301 000	1 258 000	1 100 000	1 187 000
Operating Profit	94 000	8 000	−6 000	−4 000
Financial Income	0	0	0	0
Financial Costs	18 000	7 000	10 000	12 000
Financial Balance	−18 000	−7 000	−10 000	−12 000
Dividends	0	0	0	0
Net Income	59 000	1 000	−12 000	−14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	42 000	43 000	39 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	105 000	15 000	41 000	67 000
Total Tangible Assets	105 000	15 000	41 000	67 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	131 000	57 000	83 000	106 000
Stock	5 000	9 000	9 000	0
Total Investments	0	0	0	0
Cash, Bank	68 000	29 000	26 000	70 000
Total Current Assets	127 000	51 000	64 000	211 000
Total Assets	258 000	109 000	148 000	317 000
Total Equity	−49 000	−108 000	−108 000	−96 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	114 000	22 000	47 000	73 000
Creditors	78 000	142 000	56 000	146 000
Unpaid Taxes	88 000	75 000	82 000	86 000
Dividends	0	0	0	0
Other Current Debt	26 000	−22 000	71 000	108 000
Total Current Debt	192 000	195 000	209 000	341 000
Total Equity and Debt	258 000	109 000	148 000	317 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−120,41 %	−0,93 %	11,11 %	14,58 %
Debt-to-Equity Ratio	−2,33	−0,2	−0,44	−0,76
Operating Profit Margin	6,74 %	0,63 %	−0,55 %	−0,34 %
Current Ratio	0,66	0,26	0,31	0,62
Quick Ratio	0,68	0,27	0,32	0,62
Equity Ratio	−0,19	−0,99	−0,73	−0,3
Gross Profit Margin	81,35 %	83,1 %	67,28 %	67,2 %