JOHANSEN RØRSERVICE AS

8920 SØMNA

Finances

Return on Equity

25,48 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 035 000	3 603 000	3 157 000	1 366 000
Net Income	212 000	351 000	504 000	119 000
Total Assets	2 449 000	1 685 000	1 594 000	458 000
Total Equity	832 000	769 000	568 000	214 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 035 000	3 603 000	3 157 000	1 366 000
Expenditure	3 773 000	3 153 000	2 499 000	1 212 000
Operating Profit	262 000	450 000	658 000	154 000
Financial Income	20 000	7 000	0	0
Financial Costs	15 000	8 000	9 000	0
Financial Balance	5 000	−1 000	−9 000	0
Earnings Before Tax	267 000	448 000	649 000	154 000
Tax	54 000	97 000	145 000	35 000
Net Income	212 000	351 000	504 000	119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	455 000	414 000	440 000	23 000
Total Current Assets	1 994 000	1 271 000	1 154 000	435 000
Total Assets	2 449 000	1 685 000	1 594 000	458 000
Total Retained Equity	802 000	739 000	538 000	184 000
Total Equity	832 000	769 000	568 000	214 000
Total Long-Term Debt	253 000	226 000	311 000	0
Total Current Debt	1 364 000	690 000	715 000	244 000
Total Equity and Debt	2 449 000	1 685 000	1 594 000	458 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 790 000	3 603 000	3 112 000	1 366 000
Other Income	245 000	0	45 000	0
Revenue	4 035 000	3 603 000	3 157 000	1 366 000
Cost of Goods Sold	2 072 000	1 611 000	1 432 000	707 000
Salary Costs	1 128 000	976 000	692 000	233 000
Depreciation	92 000	81 000	21 000	0
Impairment	0	0	0	0
Expenditure	3 773 000	3 153 000	2 499 000	1 212 000
Operating Profit	262 000	450 000	658 000	154 000
Financial Income	20 000	7 000	0	0
Financial Costs	15 000	8 000	9 000	0
Financial Balance	5 000	−1 000	−9 000	0
Dividends	150 000	150 000	150 000	0
Net Income	212 000	351 000	504 000	119 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	19 000	0	0	0
Fixtures	324 000	303 000	384 000	0
Total Tangible Assets	344 000	303 000	384 000	0
Total Fiancial Fixed Assets	111 000	111 000	56 000	21 000
Total Fixed Assets	455 000	414 000	440 000	23 000
Stock	403 000	403 000	343 000	192 000
Total Investments	0	0	−1 000	0
Cash, Bank	306 000	141 000	584 000	53 000
Total Current Assets	1 994 000	1 271 000	1 154 000	435 000
Total Assets	2 449 000	1 685 000	1 594 000	458 000
Total Equity	832 000	769 000	568 000	214 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	253 000	226 000	311 000	0
Creditors	557 000	176 000	134 000	93 000
Unpaid Taxes	249 000	167 000	231 000	67 000
Dividends	150 000	150 000	150 000	0
Other Current Debt	352 000	98 000	71 000	46 000
Total Current Debt	1 364 000	690 000	715 000	244 000
Total Equity and Debt	2 449 000	1 685 000	1 594 000	458 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,48 %	45,64 %	88,73 %	55,61 %
Debt-to-Equity Ratio	0,3	0,29	0,55	0
Operating Profit Margin	6,49 %	12,49 %	20,84 %	11,27 %
Current Ratio	1,46	1,84	1,61	1,78
Quick Ratio	2,07	4,43	3,1	8,37
Equity Ratio	0,34	0,46	0,36	0,47
Gross Profit Margin	48,65 %	55,29 %	54,64 %	48,24 %