RØRTEKNIK AS

1920 SØRUMSAND

Finances

Share Ownership

Return on Equity

131,75 %

Current Ratio

0,42

Debt-to-Equity Ratio

−0,13

Key figures (NOK)	2021	2020	2019	2018
Revenue	4 195 000	428 000	0	0
Net Income	−722 000	156 000	−14 000	2 000
Total Assets	1 122 000	324 000	18 000	26 000
Total Equity	−548 000	174 000	18 000	24 000

Income (NOK)	2021	2020	2019	2018
Revenue	4 195 000	428 000	0	0
Expenditure	5 105 000	233 000	12 000	0
Operating Profit	−910 000	195 000	−12 000	0
Financial Income	0	0	0	0
Financial Costs	15 000	0	0	0
Financial Balance	−15 000	0	0	0
Earnings Before Tax	−925 000	194 000	−12 000	0
Tax	−204 000	39 000	2 000	−2 000
Net Income	−722 000	156 000	−14 000	2 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	448 000	50 000	0	2 000
Total Current Assets	673 000	274 000	18 000	24 000
Total Assets	1 122 000	324 000	18 000	26 000
Total Retained Equity	−578 000	144 000	−12 000	2 000
Total Equity	−548 000	174 000	18 000	24 000
Total Long-Term Debt	71 000	1 000	0	0
Total Current Debt	1 599 000	149 000	0	3 000
Total Equity and Debt	1 122 000	324 000	18 000	26 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	3 841 000	428 000	0	0
Other Income	355 000	0	0	0
Revenue	4 195 000	428 000	0	0
Cost of Goods Sold	2 359 000	210 000	0	0
Salary Costs	1 536 000	0	0	0
Depreciation	15 000	0	0	0
Impairment	0	0	0	0
Expenditure	5 105 000	233 000	12 000	0
Operating Profit	−910 000	195 000	−12 000	0
Financial Income	0	0	0	0
Financial Costs	15 000	0	0	0
Financial Balance	−15 000	0	0	0
Dividends	0	0	0	0
Net Income	−722 000	156 000	−14 000	2 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	203 000	0	0	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	94 000	0	0	0
Total Tangible Assets	94 000	0	0	0
Total Fiancial Fixed Assets	152 000	50 000	0	0
Total Fixed Assets	448 000	50 000	0	2 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	307 000	41 000	2 000	24 000
Total Current Assets	673 000	274 000	18 000	24 000
Total Assets	1 122 000	324 000	18 000	26 000
Total Equity	−548 000	174 000	18 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	71 000	1 000	0	0
Creditors	261 000	49 000	0	0
Unpaid Taxes	753 000	50 000	0	0
Dividends	0	0	0	0
Other Current Debt	584 000	12 000	0	3 000
Total Current Debt	1 599 000	149 000	0	3 000
Total Equity and Debt	1 122 000	324 000	18 000	26 000

Financial indicators	2021	2020	2019	2018
Return on Equity	131,75 %	89,66 %	−77,78 %	8,33 %
Debt-to-Equity Ratio	−0,13	0,01	0	0
Operating Profit Margin	−21,69 %	45,56 %	-	-
Current Ratio	0,42	1,84	-	8
Quick Ratio	0,42	1,84	-	8
Equity Ratio	−0,49	0,54	1	0,92
Gross Profit Margin	43,77 %	50,93 %	-	-