OPTIMAL RØRSERVICE AS

1455 NORDRE FROGN

Finances

Return on Equity

−8,39 %

Current Ratio

2,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 043 000	4 470 000	5 491 000	4 956 000
Net Income	−102 000	33 000	285 000	527 000
Total Assets	2 146 000	1 933 000	2 309 000	1 831 000
Total Equity	1 216 000	1 319 000	1 286 000	1 001 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 043 000	4 470 000	5 491 000	4 956 000
Expenditure	5 190 000	4 455 000	5 134 000	4 289 000
Operating Profit	−146 000	16 000	357 000	667 000
Financial Income	15 000	26 000	8 000	8 000
Financial Costs	2 000	1 000	1 000	0
Financial Balance	13 000	25 000	7 000	8 000
Earnings Before Tax	−134 000	41 000	364 000	674 000
Tax	−32 000	8 000	79 000	147 000
Net Income	−102 000	33 000	285 000	527 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	168 000	214 000	283 000	330 000
Total Current Assets	1 978 000	1 719 000	2 025 000	1 501 000
Total Assets	2 146 000	1 933 000	2 309 000	1 831 000
Total Retained Equity	1 186 000	1 289 000	1 256 000	971 000
Total Equity	1 216 000	1 319 000	1 286 000	1 001 000
Total Long-Term Debt	0	0	0	4 000
Total Current Debt	930 000	615 000	1 023 000	826 000
Total Equity and Debt	2 146 000	1 933 000	2 309 000	1 831 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 043 000	4 470 000	5 489 000	4 956 000
Other Income	0	0	2 000	0
Revenue	5 043 000	4 470 000	5 491 000	4 956 000
Cost of Goods Sold	1 837 000	2 059 000	1 957 000	2 006 000
Salary Costs	2 517 000	1 621 000	2 253 000	1 789 000
Depreciation	48 000	78 000	78 000	63 000
Impairment	0	0	0	0
Expenditure	5 190 000	4 455 000	5 134 000	4 289 000
Operating Profit	−146 000	16 000	357 000	667 000
Financial Income	15 000	26 000	8 000	8 000
Financial Costs	2 000	1 000	1 000	0
Financial Balance	13 000	25 000	7 000	8 000
Dividends	0	0	0	0
Net Income	−102 000	33 000	285 000	527 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	72 000	40 000	31 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	41 000	0	0	0
Fixtures	0	119 000	197 000	275 000
Total Tangible Assets	41 000	119 000	197 000	275 000
Total Fiancial Fixed Assets	55 000	55 000	55 000	55 000
Total Fixed Assets	168 000	214 000	283 000	330 000
Stock	86 000	93 000	115 000	71 000
Total Investments	0	0	0	0
Cash, Bank	869 000	1 093 000	1 451 000	779 000
Total Current Assets	1 978 000	1 719 000	2 025 000	1 501 000
Total Assets	2 146 000	1 933 000	2 309 000	1 831 000
Total Equity	1 216 000	1 319 000	1 286 000	1 001 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	4 000
Creditors	474 000	185 000	204 000	126 000
Unpaid Taxes	255 000	245 000	485 000	342 000
Dividends	0	0	0	0
Other Current Debt	202 000	168 000	219 000	214 000
Total Current Debt	930 000	615 000	1 023 000	826 000
Total Equity and Debt	2 146 000	1 933 000	2 309 000	1 831 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,39 %	2,5 %	22,16 %	52,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,9 %	0,36 %	6,5 %	13,46 %
Current Ratio	2,13	2,8	1,98	1,82
Quick Ratio	2,34	3,29	2,23	1,99
Equity Ratio	0,57	0,68	0,56	0,55
Gross Profit Margin	63,57 %	53,94 %	64,36 %	59,52 %