NORDODDEN RØRSERVICE AS

8288 BOGØY

Finances

Share Ownership

Return on Equity

58,59 %

Current Ratio

2,16

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 464 000	4 164 000	3 934 000	4 080 000
Net Income	583 000	489 000	257 000	−40 000
Total Assets	2 139 000	2 036 000	1 690 000	1 818 000
Total Equity	995 000	412 000	−77 000	−334 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 464 000	4 164 000	3 934 000	4 080 000
Expenditure	3 728 000	3 521 000	3 578 000	4 027 000
Operating Profit	794 000	643 000	356 000	52 000
Financial Income	0	0	0	0
Financial Costs	47 000	66 000	99 000	92 000
Financial Balance	−47 000	−66 000	−99 000	−92 000
Earnings Before Tax	747 000	578 000	257 000	−40 000
Tax	164 000	88 000	0	0
Net Income	583 000	489 000	257 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	90 000	107 000	167 000
Total Current Assets	2 098 000	1 946 000	1 583 000	1 651 000
Total Assets	2 139 000	2 036 000	1 690 000	1 818 000
Total Retained Equity	901 000	318 000	−171 000	−428 000
Total Equity	995 000	412 000	−77 000	−334 000
Total Long-Term Debt	173 000	282 000	467 000	667 000
Total Current Debt	971 000	1 342 000	1 300 000	1 486 000
Total Equity and Debt	2 139 000	2 036 000	1 690 000	1 818 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 464 000	4 164 000	3 934 000	4 080 000
Other Income	0	0	0	0
Revenue	4 464 000	4 164 000	3 934 000	4 080 000
Cost of Goods Sold	2 030 000	1 896 000	2 116 000	2 047 000
Salary Costs	1 224 000	1 187 000	1 046 000	1 403 000
Depreciation	39 000	53 000	60 000	60 000
Impairment	0	0	0	0
Expenditure	3 728 000	3 521 000	3 578 000	4 027 000
Operating Profit	794 000	643 000	356 000	52 000
Financial Income	0	0	0	0
Financial Costs	47 000	66 000	99 000	92 000
Financial Balance	−47 000	−66 000	−99 000	−92 000
Dividends	0	0	0	0
Net Income	583 000	489 000	257 000	−40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	36 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	54 000	107 000	167 000
Total Tangible Assets	15 000	54 000	107 000	167 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	41 000	90 000	107 000	167 000
Stock	1 282 000	1 224 000	1 239 000	1 226 000
Total Investments	0	0	0	0
Cash, Bank	58 000	56 000	38 000	39 000
Total Current Assets	2 098 000	1 946 000	1 583 000	1 651 000
Total Assets	2 139 000	2 036 000	1 690 000	1 818 000
Total Equity	995 000	412 000	−77 000	−334 000
Short-Term Group Debt	202 000	287 000	322 000	403 000
Total Long-Term Debt	173 000	282 000	467 000	667 000
Creditors	115 000	150 000	101 000	170 000
Unpaid Taxes	271 000	201 000	159 000	65 000
Dividends	0	0	0	0
Other Current Debt	204 000	140 000	118 000	142 000
Total Current Debt	971 000	1 342 000	1 300 000	1 486 000
Total Equity and Debt	2 139 000	2 036 000	1 690 000	1 818 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,59 %	118,69 %	−333,77 %	11,98 %
Debt-to-Equity Ratio	0,17	0,68	−6,06	−2
Operating Profit Margin	17,79 %	15,44 %	9,05 %	1,27 %
Current Ratio	2,16	1,45	1,22	1,11
Quick Ratio	−6,75	16,49	25,95	6,35
Equity Ratio	0,47	0,2	−0,05	−0,18
Gross Profit Margin	54,53 %	54,47 %	46,21 %	49,83 %