RØRLEGGER MORTEN SVINGEN AS

4770 HØVÅG

Finances

Share Ownership

Return on Equity

74,34 %

Current Ratio

1,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 413 000	3 337 000	3 816 000	2 881 000
Net Income	226 000	−41 000	268 000	−93 000
Total Assets	899 000	661 000	1 146 000	563 000
Total Equity	304 000	78 000	219 000	251 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 413 000	3 337 000	3 816 000	2 881 000
Expenditure	3 100 000	3 359 000	3 487 000	2 976 000
Operating Profit	313 000	−22 000	329 000	−95 000
Financial Income	0	0	0	0
Financial Costs	0	7 000	7 000	3 000
Financial Balance	0	−7 000	−7 000	−3 000
Earnings Before Tax	313 000	−29 000	322 000	−97 000
Tax	87 000	11 000	54 000	−4 000
Net Income	226 000	−41 000	268 000	−93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	98 000	252 000	416 000	230 000
Total Current Assets	801 000	410 000	730 000	332 000
Total Assets	899 000	661 000	1 146 000	563 000
Total Retained Equity	274 000	48 000	189 000	221 000
Total Equity	304 000	78 000	219 000	251 000
Total Long-Term Debt	0	0	167 000	0
Total Current Debt	595 000	583 000	760 000	312 000
Total Equity and Debt	899 000	661 000	1 146 000	563 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 413 000	3 317 000	3 816 000	2 881 000
Other Income	0	20 000	0	0
Revenue	3 413 000	3 337 000	3 816 000	2 881 000
Cost of Goods Sold	1 530 000	1 535 000	2 112 000	1 559 000
Salary Costs	951 000	1 153 000	830 000	998 000
Depreciation	154 000	154 000	118 000	55 000
Impairment	0	0	0	0
Expenditure	3 100 000	3 359 000	3 487 000	2 976 000
Operating Profit	313 000	−22 000	329 000	−95 000
Financial Income	0	0	0	0
Financial Costs	0	7 000	7 000	3 000
Financial Balance	0	−7 000	−7 000	−3 000
Dividends	0	100 000	300 000	0
Net Income	226 000	−41 000	268 000	−93 000

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	98 000	252 000	405 000	43 000
Total Tangible Assets	98 000	252 000	405 000	220 000
Total Fiancial Fixed Assets	0	0	11 000	11 000
Total Fixed Assets	98 000	252 000	416 000	230 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	485 000	261 000	577 000	230 000
Total Current Assets	801 000	410 000	730 000	332 000
Total Assets	899 000	661 000	1 146 000	563 000
Total Equity	304 000	78 000	219 000	251 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	167 000	0
Creditors	180 000	228 000	231 000	165 000
Unpaid Taxes	243 000	107 000	117 000	76 000
Dividends	0	100 000	300 000	0
Other Current Debt	85 000	234 000	60 000	71 000
Total Current Debt	595 000	583 000	760 000	312 000
Total Equity and Debt	899 000	661 000	1 146 000	563 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,34 %	−52,56 %	122,37 %	−37,05 %
Debt-to-Equity Ratio	0	0	0,76	0
Operating Profit Margin	9,17 %	−0,66 %	8,62 %	−3,3 %
Current Ratio	1,35	0,7	0,96	1,06
Quick Ratio	1,35	0,7	0,96	1,06
Equity Ratio	0,34	0,12	0,19	0,45
Gross Profit Margin	55,17 %	54 %	44,65 %	45,89 %