KLEVSTAD RØRSERVICE AS

5130 NYBORG

Finances

Return on Equity

50,04 %

Current Ratio

1,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 928 000	7 390 000	3 614 000	2 810 000
Net Income	590 000	1 262 000	416 000	256 000
Total Assets	2 625 000	2 863 000	1 039 000	907 000
Total Equity	1 179 000	889 000	426 000	211 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 928 000	7 390 000	3 614 000	2 810 000
Expenditure	6 175 000	5 772 000	3 081 000	2 482 000
Operating Profit	753 000	1 619 000	533 000	328 000
Financial Income	4 000	1 000	1 000	1 000
Financial Costs	1 000	1 000	1 000	0
Financial Balance	3 000	0	0	1 000
Earnings Before Tax	756 000	1 619 000	533 000	329 000
Tax	166 000	356 000	117 000	73 000
Net Income	590 000	1 262 000	416 000	256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 000	80 000	40 000	48 000
Total Current Assets	2 562 000	2 782 000	999 000	859 000
Total Assets	2 625 000	2 863 000	1 039 000	907 000
Total Retained Equity	1 149 000	859 000	396 000	181 000
Total Equity	1 179 000	889 000	426 000	211 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 446 000	1 974 000	613 000	696 000
Total Equity and Debt	2 625 000	2 863 000	1 039 000	907 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 928 000	7 390 000	3 614 000	2 810 000
Other Income	0	0	0	0
Revenue	6 928 000	7 390 000	3 614 000	2 810 000
Cost of Goods Sold	2 929 000	3 213 000	1 216 000	975 000
Salary Costs	2 462 000	1 986 000	1 366 000	1 147 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 175 000	5 772 000	3 081 000	2 482 000
Operating Profit	753 000	1 619 000	533 000	328 000
Financial Income	4 000	1 000	1 000	1 000
Financial Costs	1 000	1 000	1 000	0
Financial Balance	3 000	0	0	1 000
Dividends	300 000	800 000	200 000	150 000
Net Income	590 000	1 262 000	416 000	256 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	62 000	80 000	40 000	48 000
Total Fixed Assets	62 000	80 000	40 000	48 000
Stock	184 000	107 000	74 000	37 000
Total Investments	203 000	0	0	0
Cash, Bank	827 000	1 550 000	428 000	597 000
Total Current Assets	2 562 000	2 782 000	999 000	859 000
Total Assets	2 625 000	2 863 000	1 039 000	907 000
Total Equity	1 179 000	889 000	426 000	211 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	320 000	231 000	−126 000	128 000
Unpaid Taxes	351 000	444 000	201 000	142 000
Dividends	300 000	800 000	200 000	150 000
Other Current Debt	309 000	143 000	221 000	204 000
Total Current Debt	1 446 000	1 974 000	613 000	696 000
Total Equity and Debt	2 625 000	2 863 000	1 039 000	907 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,04 %	141,96 %	97,65 %	121,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,87 %	21,91 %	14,75 %	11,67 %
Current Ratio	1,77	1,41	1,63	1,23
Quick Ratio	2,03	1,49	1,85	1,3
Equity Ratio	0,45	0,31	0,41	0,23
Gross Profit Margin	57,72 %	56,52 %	66,35 %	65,3 %