RADIATORSERVICE AS

4031 STAVANGER

Finances

Return on Equity

5,68 %

Current Ratio

2,07

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 321 000	29 667 000	26 936 000	28 475 000
Net Income	1 332 000	9 935 000	5 834 000	4 831 000
Total Assets	38 019 000	40 710 000	33 735 000	34 323 000
Total Equity	23 439 000	26 607 000	22 672 000	22 238 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 321 000	29 667 000	26 936 000	28 475 000
Expenditure	24 653 000	22 556 000	21 907 000	21 907 000
Operating Profit	6 667 000	7 111 000	5 028 000	6 568 000
Financial Income	473 000	4 846 000	2 612 000	415 000
Financial Costs	4 404 000	381 000	763 000	781 000
Financial Balance	−3 931 000	4 465 000	1 849 000	−366 000
Earnings Before Tax	2 736 000	11 575 000	6 877 000	6 202 000
Tax	1 404 000	1 640 000	1 043 000	1 371 000
Net Income	1 332 000	9 935 000	5 834 000	4 831 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 931 000	10 166 000	10 324 000	11 315 000
Total Current Assets	21 087 000	30 544 000	23 411 000	23 008 000
Total Assets	38 019 000	40 710 000	33 735 000	34 323 000
Total Retained Equity	23 247 000	26 415 000	22 480 000	22 046 000
Total Equity	23 439 000	26 607 000	22 672 000	22 238 000
Total Long-Term Debt	4 403 000	4 024 000	4 029 000	3 773 000
Total Current Debt	10 177 000	10 079 000	7 035 000	8 313 000
Total Equity and Debt	38 019 000	40 710 000	33 735 000	34 323 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 321 000	29 667 000	26 936 000	28 475 000
Other Income	0	0	0	0
Revenue	31 321 000	29 667 000	26 936 000	28 475 000
Cost of Goods Sold	15 764 000	14 674 000	14 294 000	14 697 000
Salary Costs	6 683 000	5 789 000	5 759 000	5 528 000
Depreciation	234 000	225 000	212 000	249 000
Impairment	0	0	0	0
Expenditure	24 653 000	22 556 000	21 907 000	21 907 000
Operating Profit	6 667 000	7 111 000	5 028 000	6 568 000
Financial Income	473 000	4 846 000	2 612 000	415 000
Financial Costs	4 404 000	381 000	763 000	781 000
Financial Balance	−3 931 000	4 465 000	1 849 000	−366 000
Dividends	3 600 000	3 600 000	1 800 000	1 800 000
Net Income	1 332 000	9 935 000	5 834 000	4 831 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	8 000	12 000	16 000
Real Eastate	8 930 000	9 126 000	9 322 000	9 518 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	122 000	156 000	114 000	126 000
Total Tangible Assets	9 051 000	9 282 000	9 436 000	9 644 000
Total Fiancial Fixed Assets	7 877 000	877 000	877 000	1 655 000
Total Fixed Assets	16 931 000	10 166 000	10 324 000	11 315 000
Stock	854 000	827 000	760 000	860 000
Total Investments	10 068 000	19 671 000	13 637 000	6 575 000
Cash, Bank	3 606 000	2 455 000	5 684 000	10 739 000
Total Current Assets	21 087 000	30 544 000	23 411 000	23 008 000
Total Assets	38 019 000	40 710 000	33 735 000	34 323 000
Total Equity	23 439 000	26 607 000	22 672 000	22 238 000
Short-Term Group Debt	110 000	224 000	218 000	0
Total Long-Term Debt	4 403 000	4 024 000	4 029 000	3 773 000
Creditors	2 802 000	2 533 000	1 957 000	3 166 000
Unpaid Taxes	1 467 000	1 319 000	999 000	1 213 000
Dividends	3 600 000	3 600 000	1 800 000	1 800 000
Other Current Debt	803 000	773 000	1 103 000	840 000
Total Current Debt	10 177 000	10 079 000	7 035 000	8 313 000
Total Equity and Debt	38 019 000	40 710 000	33 735 000	34 323 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,68 %	37,34 %	25,73 %	21,72 %
Debt-to-Equity Ratio	0,19	0,15	0,18	0,17
Operating Profit Margin	21,29 %	23,97 %	18,67 %	23,07 %
Current Ratio	2,07	3,03	3,33	2,77
Quick Ratio	2,26	3,3	3,73	3,09
Equity Ratio	0,62	0,65	0,67	0,65
Gross Profit Margin	49,67 %	50,54 %	46,93 %	48,39 %