ÅPNE RØR AS

2019 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

28,39 %

Current Ratio

2,05

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 308 000	1 810 000	1 876 000	1 119 000
Net Income	360 000	326 000	362 000	121 000
Total Assets	2 494 000	2 018 000	2 052 000	1 814 000
Total Equity	1 268 000	908 000	582 000	220 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 308 000	1 810 000	1 876 000	1 119 000
Expenditure	1 843 000	1 346 000	1 378 000	954 000
Operating Profit	465 000	464 000	499 000	165 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	5 000	46 000	34 000	9 000
Financial Balance	−3 000	−45 000	−34 000	−8 000
Earnings Before Tax	461 000	419 000	465 000	156 000
Tax	102 000	93 000	103 000	36 000
Net Income	360 000	326 000	362 000	121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 325 000	1 037 000	1 223 000	1 349 000
Total Current Assets	1 169 000	982 000	830 000	465 000
Total Assets	2 494 000	2 018 000	2 052 000	1 814 000
Total Retained Equity	1 228 000	868 000	542 000	180 000
Total Equity	1 268 000	908 000	582 000	220 000
Total Long-Term Debt	657 000	689 000	1 040 000	1 324 000
Total Current Debt	570 000	422 000	431 000	270 000
Total Equity and Debt	2 494 000	2 018 000	2 052 000	1 814 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 308 000	1 807 000	1 868 000	1 119 000
Other Income	0	2 000	8 000	0
Revenue	2 308 000	1 810 000	1 876 000	1 119 000
Cost of Goods Sold	25 000	117 000	119 000	76 000
Salary Costs	1 033 000	940 000	675 000	565 000
Depreciation	332 000	0	281 000	80 000
Impairment	0	0	0	0
Expenditure	1 843 000	1 346 000	1 378 000	954 000
Operating Profit	465 000	464 000	499 000	165 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	5 000	46 000	34 000	9 000
Financial Balance	−3 000	−45 000	−34 000	−8 000
Dividends	0	0	0	0
Net Income	360 000	326 000	362 000	121 000

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	1 252 000	965 000	1 098 000	1 192 000
Fixtures	45 000	72 000	125 000	157 000
Total Tangible Assets	1 297 000	1 037 000	1 223 000	1 349 000
Total Fiancial Fixed Assets	28 000	0	0	0
Total Fixed Assets	1 325 000	1 037 000	1 223 000	1 349 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	913 000	797 000	659 000	330 000
Total Current Assets	1 169 000	982 000	830 000	465 000
Total Assets	2 494 000	2 018 000	2 052 000	1 814 000
Total Equity	1 268 000	908 000	582 000	220 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	657 000	689 000	1 040 000	1 324 000
Creditors	222 000	34 000	157 000	128 000
Unpaid Taxes	117 000	217 000	115 000	77 000
Dividends	0	0	0	0
Other Current Debt	110 000	117 000	72 000	65 000
Total Current Debt	570 000	422 000	431 000	270 000
Total Equity and Debt	2 494 000	2 018 000	2 052 000	1 814 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,39 %	35,9 %	62,2 %	55 %
Debt-to-Equity Ratio	0,52	0,76	1,79	6,02
Operating Profit Margin	20,15 %	25,64 %	26,6 %	14,75 %
Current Ratio	2,05	2,33	1,93	1,72
Quick Ratio	2,05	2,33	1,93	1,72
Equity Ratio	0,51	0,45	0,28	0,12
Gross Profit Margin	98,92 %	93,54 %	93,66 %	93,21 %