KRISTIAN STEENSGAARD RØRTEKNISKE AS

0672 OSLO

Finances

Return on Equity

28,02 %

Current Ratio

0,66

Debt-to-Equity Ratio

2,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	868 000	1 677 000	1 541 000	1 981 000
Net Income	325 000	263 000	−53 000	442 000
Total Assets	4 286 000	3 888 000	3 957 000	2 002 000
Total Equity	1 160 000	835 000	573 000	876 000

Income (NOK)	2022	2021	2020	2019
Revenue	868 000	1 677 000	1 541 000	1 981 000
Expenditure	445 000	1 315 000	1 588 000	1 403 000
Operating Profit	424 000	361 000	−48 000	577 000
Financial Income	0	1 000	0	0
Financial Costs	3 000	9 000	9 000	11 000
Financial Balance	−3 000	−8 000	−9 000	−11 000
Earnings Before Tax	420 000	353 000	−57 000	566 000
Tax	96 000	91 000	−4 000	125 000
Net Income	325 000	263 000	−53 000	442 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 103 000	3 775 000	3 438 000	222 000
Total Current Assets	183 000	113 000	519 000	1 780 000
Total Assets	4 286 000	3 888 000	3 957 000	2 002 000
Total Retained Equity	1 116 000	791 000	528 000	581 000
Total Equity	1 160 000	835 000	573 000	876 000
Total Long-Term Debt	2 850 000	2 876 000	2 761 000	193 000
Total Current Debt	276 000	176 000	623 000	933 000
Total Equity and Debt	4 286 000	3 888 000	3 957 000	2 002 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	868 000	1 654 000	1 541 000	1 981 000
Other Income	0	23 000	0	0
Revenue	868 000	1 677 000	1 541 000	1 981 000
Cost of Goods Sold	75 000	464 000	467 000	345 000
Salary Costs	25 000	25 000	719 000	707 000
Depreciation	32 000	95 000	95 000	95 000
Impairment	0	0	0	0
Expenditure	445 000	1 315 000	1 588 000	1 403 000
Operating Profit	424 000	361 000	−48 000	577 000
Financial Income	0	1 000	0	0
Financial Costs	3 000	9 000	9 000	11 000
Financial Balance	−3 000	−8 000	−9 000	−11 000
Dividends	0	0	0	0
Net Income	325 000	263 000	−53 000	442 000

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	0	32 000	127 000	222 000
Total Tangible Assets	0	32 000	127 000	222 000
Total Fiancial Fixed Assets	4 103 000	3 743 000	3 311 000	0
Total Fixed Assets	4 103 000	3 775 000	3 438 000	222 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	63 000	105 000	50 000	1 500 000
Total Current Assets	183 000	113 000	519 000	1 780 000
Total Assets	4 286 000	3 888 000	3 957 000	2 002 000
Total Equity	1 160 000	835 000	573 000	876 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 850 000	2 876 000	2 761 000	193 000
Creditors	87 000	97 000	501 000	385 000
Unpaid Taxes	63 000	−91 000	59 000	357 000
Dividends	0	0	0	0
Other Current Debt	31 000	80 000	62 000	61 000
Total Current Debt	276 000	176 000	623 000	933 000
Total Equity and Debt	4 286 000	3 888 000	3 957 000	2 002 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,02 %	31,5 %	−9,25 %	50,46 %
Debt-to-Equity Ratio	2,46	3,44	4,82	0,22
Operating Profit Margin	48,85 %	21,53 %	−3,11 %	29,13 %
Current Ratio	0,66	0,64	0,83	1,91
Quick Ratio	0,66	0,64	0,83	1,91
Equity Ratio	0,27	0,21	0,14	0,44
Gross Profit Margin	91,36 %	72,33 %	69,7 %	82,58 %